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News Headlines - toxic assets

Business Standard

New framework to deal with toxic assets soon
Business Standard
As reported earlier, the framework will also enable a JLF to deal with NPAs more effectively by possibly tweaking the current guidelines and reducing the level of (NPA) exposure as well as the number of banks in a JLF for taking a decision on toxic assets.

and more »


Why mainstream public university Purdue is buying for-profit college chain Kaplan
“It's admirable that Purdue wants to do more to get into career education — helping students train in careers like health and information technology — but what it means is that Purdue may well be acquiring toxic assets.” Daniels and Donald Graham ...
Higher education shakeup looms as Purdue acquires for-profit Kaplan UniversityAmerican Thinker (blog)
Do Indiana Taxpayers Want To Buy This For-Profit College?Huffington Post
Purdue to acquire Kaplan University, increase access for millionsPurdue Newsroom
US Department of Justice
all 56 news articles »

The Nation Newspaper

Recession: CIBN urges Buhari to allow banks handle their toxic ...
The Nation Newspaper
The Chartered Institute of Bankers of Nigeria (CIBN) has urged government to reduce Nigeria's current financial stress buy allowing every bank to handle its ...

and more »


Deutsche Bank Appoints Von Moltke From Citigroup as CFO
The then-CEO Vikram Pandit tasked him with helping to shrink the Citi Holdings unit, a so-called bad bank with more than $600 billion of assets ranging from toxic subprime securities and private-equity stakes to entire businesses. The unit's assets had ...

and more »

Daily Reckoning

Ignoring Glass-Steagall, A Policy for Disaster
Daily Reckoning
The bank was also deliberately hiding “toxic assets” to the tune of $1.3 trillion of its balance sheet. In the immediate aftermath of the crash Citigroup received the largest bank bailout in U.S history. The U.S. Treasury department (via taxpayer funds ...

and more »

Business Standard

Rupee's bull run may end soon: Bankers & CFOs - Business Standard
Business Standard
Read more about Rupee's bull run may end soon: Bankers & CFOs on Business Standard. Experts say the rupee movement is largely due to continuous, large ...

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WDEF News 12

How Trump's first 100 days compares to former presidents
WDEF News 12
The Treasury Department unveiled a plan to use $75 billion to $100 billion in bailout money to buy toxic assets from banks. Obama laid out his plan to withdraw most U.S. combat troops from Iraq by August 2010 and all troops by the end of 2011 ...
Public Gives Trump Low Marks for First 100 Days: NBC News/WSJ PollNBCNews.com
President Trump at 100 days: No honeymoon but no regrets (POLL)ABC News

all 1,869 news articles »

China Inc.'s swelling assets weigh on capital efficiency
Nikkei Asian Review
... upswing in asset holdings. Such orders soared at China State Construction Engineering, where aggregate assets swelled 30% for the full year ended in December. If these assets do not generate profit, they might turn toxic and eat into corporate ...

and more »


Valeant Pharmaceuticals Intl Inc (VRX) Stock Still Looks Toxic
Simply put, until Valeant can demonstrate it can consistently execute to grow revenue and profits, investors should stay away from VRX stock. The company, which is looking to sell off assets to grow cash, has not shown that it can be trusted. And, as ...

and more »

Financial Times

RBS Swings to Better Than Expected Quarterly Profit -- Update
Fox Business
The bank's core operations, stripping out units and assets it is shedding, made GBP1.33 billion in pretax profit, up 30% on the first quarter of 2016, mainly because of better conditions for client trading in its shrunken markets business. It also grew ...
RBS swings to better than expected profitMarketWatch

all 82 news articles »
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