Former Abbey chief executive Luqman Arnold has launched plan rescue Northern Rock as shares rival UK banks remained under pressure from credit crunch Northern Rock queue "> Former Abbey boss launches Rock bid - Former Abbey chief executive Luqman Arnold has launched plan rescue Northern Rock as shares rival UK banks remained under pressure from credit crunch Northern Rock queue ">

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HSBC 'faces huge subprime crisis hit'

 Home  Nov, 2007

HSBC 'faces huge subprime crisis hit' - HSBC today became latest target of speculation that will be next major bank announce massive writedowns subprime related loans when updates stock market Wednesday HSBC logo Former Abbey boss launches Rock bid - Former Abbey chief executive Luqman Arnold has launched plan rescue Northern Rock as shares rival UK banks remained under pressure from credit crunch Northern Rock queue



HSBC 'faces huge subprime crisis hit'  [11/12/2007 01:17 PM]
HSBC today became the latest target of speculation that it will be the next major bank to announce massive writedowns on subprime related loans when it updates the stock market on Wednesday HSBC logo
Former Abbey boss launches Rock bid  [11/12/2007 01:17 PM]
Former Abbey chief executive Luqman Arnold has launched a plan to rescue Northern Rock as shares in rival UK banks remained under pressure from the credit crunch Northern Rock queue
Market report: Monday latest  [11/12/2007 01:17 PM]
12.45:Insurer Standard Life was the best-performing blue-chip today, after kicking into touch its proposed bid for rival Resolution Asian stock market trading room
UK economy faces 'sharp downturn'  [11/12/2007 01:17 PM]
The global credit crisis and the threats to the banking system means UK prospects have worsened, warns the British Chambers of Commerce Alistair Darling
Thousands wasting almost £1bn on IHT  [11/12/2007 01:17 PM]
Thousands of individuals are wasting almost £1bn on inheritance tax by neglecting to write their life policies in trust says new research A funeral procession
Subprime panic grips the High Street  [11/12/2007 01:17 PM]
Special report: The Northern Rock debacle has wiped £85bn off the value of British banks since the start of the year - and there could more bad news to come Bob Diamond of Barclays
Smash-hit iPhone is fastest seller ever for O2  [11/12/2007 01:17 PM]
Tens of thousands of £269 iPhones flew off the shelves of O2, Carphone Warehouse and Apple shops after the all-singing, all-dancing mobile was launched in the UK last Friday Apple iPhone
A third of homebuyers get cold feet  [11/12/2007 01:17 PM]
More than a third of house buyers are pulling out of a purchase at the last minute amid fears of a property market slump, a mortgage broker has claimed House buyers
Monday View: The next BoE chief?  [11/12/2007 01:17 PM]
Mervyn King looks to be on his way out of the Bank of England and central bankers say he has been muttering darkly about being martyred by the government in August Bernard Connolly
Pensions windfalls for thousands of mums  [11/12/2007 01:17 PM]
Exclusive:Tens of thousands of women who gave up work to raise children are in line for a pension windfall of around £3,000 A mother and baby
Bread price hits a record high  [11/12/2007 01:17 PM]
The price of a loaf of bread has hit an all-time high as food price inflation continues to push up the cost of weekly shopping bills | How to invest in food prices loaf of bread
Standard Life leaves Resolution to Pearl  [11/12/2007 01:17 PM]
Shares in UK insurer Standard Life jumped 6% at the open this morning after the former mutual said it had withdrawn from the £4.9bn battle for rival Resolution Standard Life
Savings guarantee could rise to £50,000  [11/12/2007 01:17 PM]
Savings up to £50,000 are likely to be given a 100% guarantee under an agreement being hammered out between the Government and banks Mervyn King
Why more calls will be going abroad  [11/12/2007 01:17 PM]
Call centres are continuing to shift operations offshore, even though they accept most customers loathe talking to overseas operators | How to cheat call centre queues
A to Z of the Sunday newspapers  [11/12/2007 01:17 PM]
Here's our round-up of some of the key business and financial stories in the newspapers this weekend
Crucial role for watchdogs in mining tie-up  [11/12/2007 01:17 PM]
The proposed takeover of RTZ by mining group BHP Billiton is a classic case of producers trying to increase their power and should be resisted
Right the wrongs over personal pensions  [11/12/2007 01:17 PM]
New-style personal accounts took another step forward last week when the Government said it would pave the way for their introduction in 2012. But will they kick-start saving?
Banks need change at the top  [11/12/2007 01:17 PM]
The only possible upside of the sub-prime meltdown is that pressure to improve boardroom standards in the sector will intensify
Hetherington: A trail of victims in the broker's horror show  [11/12/2007 01:17 PM]
Financial Mail's readers' champion shines a spotlight on the practices of small broking firms that tip high-risk shares, in particular City-based Wills & Co
Midas share tips: Norcross and BSS  [11/12/2007 01:17 PM]
Norcros joined the stock market only this summer, since then its shares have fallen from a flotation price of 78p to 69p. But it is a major brand with some potential