in Student Loans by admin on 28 Dec 2008
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Jan. 27 (Bloomberg) — Goldman Sachs Group Inc. , the fourth- largest underwriter of high-yield U.S. loans, had an $850 million loss in December linked to Lyondell Chemical Co.
DAVOS-UPDATE 2-Sberbank CEO sees soaring bad loans in Russia (The Forex Market)
DAVOS, Switzerland, Jan 28 (Reuters) - Bad loans are likely to soar to 10 percent in Russia’s banking sector by the end of 2010, the CEO of Sberbank said on Wednesday, in the latest sign of the seriousness of the crisis gripping Russia.
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