| Problem loans haunt Sovereign Sovereign Bank has shown signs of improvement during its first year as a subsidiary of Banco Santander, but the No. 3 bank in Massachusetts still faces the unpleasant task of scrubbing clean several billion dollars worth of problem assets. feeds.bizjournals.com |
Cloud Packaging buys Toll Cloud Packaging Solutions, a Cameron Holdings Corp. company, has acquired Toll Packaging Group LLC in Gibson City, Ill. feeds.bizjournals.com |
New exchange-traded currency platform (at FT.com) ETF Securities will unveil Europe's first exchange-traded currency platform next week, giving investors the opportunity to tap into the foreign currency market. us.rd.yahoo.com |
Thomas Cook leads way lower (at FT.com) Holiday companies led the way lower on Friday as the FTSE 100 slipped for a fourth consecutive day. Tui Travel and Thomas Cook were under pressure as trading and debt concerns caused Morgan Stanley to turn cautious. us.rd.yahoo.com |
Geithner challenges Goldman aid claims (at FT.com) Tim Geithner on Friday rejected Goldman Sachs' claim that it could have withstood the financial crisis without government intervention, adding that all bankswere at risk of being wiped out. us.rd.yahoo.com |