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Activities:2008 Sino-US Economic Dialogue
2008-06-28
Credit Suisse has no need to raise fresh cash: chairman
The head of Credit Suisse said Friday the bank does not need to raise fresh funds to cover billions of dollars in subprime-related losses, unlike many of its peers who came badly unstuck on their exposure to the US housing market.
Nations:Switzerland Activities:2007 Global Credit Crunch
2008-04-25
Merrill Lynch chief sees no need for more capital
New Merrill Lynch chief executive John Thain said he saw no need for the US investment bank to raise fresh capital, in an interview with Japan's Nikkei business newspaper published on Friday.
Activities:2007 Global Credit Crunch
2008-04-04
IMF endorses wealth fund guide plan
The International Monetary Fund on Friday endorsed staff plans to develop best practice guidelines for sovereign wealth funds and said it would meet with wealth funds in April to start working on an initial draft.
Nations:Singapore Russia China People:Henry Paulson
2008-03-21
Sovereign funds may surpass global foreign reserves
Sovereign wealth fund assets may soon surpass total official foreign reserves held by central banks and become the main vehicle for capital investment, a Morgan Stanley economist said on Tuesday.
Nations:Russia
2008-03-11
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