10.00 am Hourly Doom

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DimPrawn replied

31 July 2008, 09:12
Originally posted by oracleslave View Post

So those poor bankers only made half-year profits of £848 million. Who feels sorry for them?

That's not even going to cover their bar bills is it?
Leave a comment:
oracleslave replied

31 July 2008, 09:11
So those poor bankers only made half-year profits of £848 million. Who feels sorry for them?
Leave a comment:
DimPrawn started a topic 10.00 am Hourly Doom

31 July 2008, 09:02
10.00 am Hourly Doom

http://news.bbc.co.uk/1/hi/business/7534487.stm

Deutsche Bank has written down another 2.7bn euros ($3.6bn; £1.8bn) between April and June, taking its credit crunch bill to more than 7bn euros.

http://news.bbc.co.uk/1/hi/business/7534428.stm

UK banking group HBOS has seen profits before tax fall 72% in the first six months of the year, amid a credit crisis and a tougher economic climate.

The firm said first-half profits dropped to £848m from £2.96bn in the same period a year earlier.

Bad debts rose 36% to £1.31bn as customers failed to repay loans.

More at 11.00
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