| HEDGEweb Database |
| As of: 2010-09-08 |
|
The crisis in Kuwait’s banking sector deepened on Tuesday as the chairman of Gulf Bank resigned over derivatives losses and Moody’s warned it could downgrade the bank.
|
|
Colonial First State, Australia’s biggest fund manager, suspended redemptions from its mortgage funds on Monday. The decision by the Commonwealth Bank of Australia unit, which had A$3.3 bn in mortgage funds at the end of September, lifts the total frozen by such funds to A$24 bn.
|
|
|
The Financial Services Authority (FSA) said it did not see the need for more regulation of hedge funds, and that most funds had so far weathered recent financial turmoil fairly well.
|
|
|
Alan Greenspan, former Federal Reserve chairman, said on Thursday the credit crisis had exceeded anything he had imagined and admitted he was wrong to think that banks would protect themselves from financial market chaos.
|
|
|
| New to HEDGEweb? |
Become a Member:
Join us for FREE!
>> Registration
Information and details on thousands of Hedge Funds
Asset Manager | Advisor:
Get listed for FREE in the HEDGEweb Database
>> Registration |
| World Indices |
S&P 500 INDEX
1,091.84  12.67 (1.15%)
DJ INDUSTRIAL AVERAGE
10,340.69 107.24 (1.03%)
ESTX50 EURP
2,727.16 26.44 (0.96%)
FTSE 100
5,407.82 31.37 (0.58%)
HANG SENG INDEX
21,401.79 0.00 (0.00%)
NIKKEI 225
9,022.42 203.58 (2.21%)
Hedgeweb Index Quotes are delayed by 15 minutes. |
|
Terms of Use 
