More losses in the forecast for Citigroup
NEW YORK (AP): Citigroup shares sank to their lowest level in more than nine years Tuesday, as stockholders recoiled at forecasts of more losses at the troubled bank and comments from a Middle East fund executive that Citi must raise more cash to stay in business....
More pricy home loans - VMBS rates hit 13.99%
Victoria Mutual Building Society's (VMBS) new mortgage rate structure took effect Saturday, but the repricings affect new loans only. The society's rates are now set at 13.5 per cent to 13.99 per cent on new mortgages. The increase was announced mid-February...
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