Morgan Stanley sees $2.5 billion subprime profit hit Morgan Stanley on Wednesday said it expects fourth-quarter earnings to be reduced by about $2.5 billion from a write-down of its U.S. subprime exposure. 08 Nov 2007
Can Robert Rubin's magic help Citigroup rebound? Robert Rubin is widely acclaimed as best-suited to rescue Citigroup, but some question whether he wants to go through the grueling process to put the financial colossus back on a sound financial track. 08 Nov 2007
44.
Citi, Merrill scout for same five CEO candidates Citigroup Inc and Merrill Lynch & Co Inc, both seeking new chief executives after taking billions of dollars in write-downs, are considering the same five candidates for their top jobs, CNBC television reported. 08 Nov 2007
45.
$100 oil not such a boon for oil majors: Analysis If $100 dollars a barrel becomes a long term oil price, shares in top crude producing companies should benefit, but the dramatic boost implied by traditional financial models is unlikely. 07 Nov 2007
46.
Prince abdicates Citigroup throne, $8-11 billion writedown seen Charles Prince has resigned as chairman and chief executive of Citigroup Inc, which plans to take an additional $8 billion to $11 billion of write-downs for credit and other losses, the Wall Street Journal said on Sunday. 05 Nov 2007
BSE Sensex falls 2 percent, emergency rule rattles Karachi index Indian shares fell nearly 2 percent to its lowest close in a week on Monday, taking cue from world markets that fell after Citigroup said it may write off $11 billion of subprime mortgage losses. 05 Nov 2007
49.
Citigroup seen naming Rubin interim chair: Report Citigroup Inc is highly likely to name Robert Rubin, the former U.S. Treasury Secretary, as interim chairman while it searches for a permanent replacement for Charles Prince, the New York Times said on Sunday, citing a person briefed on the situation. 05 Nov 2007
50.
Citigroup CEO Prince to resign: Reports Citigroup Inc Chief Executive Charles Prince plans to resign this weekend, the Wall Street Journal said, as the widening subprime mortgage crisis deals a final blow to a reign long under attack. 03 Nov 2007
