Subprime Woes Hit Fortis

Fortis’s fourth-quarter net fell 45%, hit by a $4.14 billion write-down, and the bank said it is in talks with an unnamed party over asset sales.

Posted on March 9th, 2008 by
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Jardine Net Rises, but Firm Warns of Difficult Times

Jardine Matheson’s net rose 36% last year, but the Hong Kong-based firm warned of challenging conditions this year.

Posted on March 9th, 2008 by
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