US job losses steepest since 1974
The US economy lost a stunning 533,000 jobs in November – the largest monthly drop in more than three decades – as the unemployment rate jumped to 6.7 per cent
December 5, 2008
Icap poaches JPMorgan dealer for ‘dark pool’
Interdealer broker has hired the head of equities trading at JPMorgan’s asset management business to spearhead its plans for a pan-European ‘dark pool’ equities trading facility
US late mortgage payments, foreclosures hit record
Mortgage Bankers Association estimates 2.2 million home mortgages will start the foreclosure process this year
Lower interest will boost equity investments, expert states
Lower interest will boost equity investments, expert states