Financial Mole

Investing in Informa-tion and Communications Technology is “one important way” for Caribbean countries struggling to deal with ongoing international financial crisis to succeed in these difficult economic times says Prime Minister Patrick Manning.

Australia?s biggest investment bank, Macquarie Group, posted a 52 percent drop in its annual net profits.

LONDON — U.K.’s Treasury Committee on Friday released a report in which it said the potential separation of retail banking operations from investment banking functions is an issue that requires further debate. The committee referred to comments made by Mervyn King, the Governor of the Bank of England, that he views a separation of retail from investment banking functions as “very …

Even before the stock market crashed and job losses and home repossessions wreaked havoc in the lives of millions, Atlanta was all too familiar with the scourge of economic crisis — a burden borne disproportionately by women and children. Indeed, here in Atlanta and around the world, women and children have been experiencing their own economic crisis for decades.

May 1 — Gold fell for a second day as rising equity markets added to signs of improvement in the world economy and reduced the investment appeal of the metal.

April 30 — Citadel Investment Group LLC hired three former Merrill Lynch & Co. executives to start an investment banking division after the hedge fund posted losses last year.

A US court on Thursday approved the auction of Wall Street fraudster Bernard Madoff’s former investment company for a price of up to 25.5 million dollars.

The Federal Reserve says commercial banks borrowed more over the past week from its emergency lending program, while investment firms drew less.

MetLife Inc, the largest U.S. life insurer, posted a first-quarter loss as its investment income dropped.

Hundreds of the world’s biggest companies have attended a major conference in London promoting investment in Iraq.