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Scotiabank Pays C$2.3 Billion For Ci Financial Stake (update3) - Bloomberg
oct. 6 (bloomberg) -- bank of nova scotia, canada's third- biggest bank, agreed to buy sun life financial inc.'s stake in money manager ci financial income fund for c$2.3 billion ($2.1 billion), the biggest acquisition in the bank's 176-year history ...
www.bloomberg.com

Stock Mutual Funds Fell Almost Across The Board
the average fund tumbled 10% in the third quarter. there was only one real winner among the 40 broad categories: bear market funds. let's face it: opening your third-quarter mutual fund or 401(k) statement will be like dropping a bowling ball on your toe. and let's not even think about the fourth quarter.
www.latimes.com

Stock Mutual Funds Fell 11% In 3rd Quarter
u.s. stock mutual funds fell 11 percent in the third quarter, matching the steepest decline in six years, as the seizure of credit markets pushed financial companies into collapse and forced the government to intervene.
www.app.com

The Shrinking Nest Egg - Baltimore Sun
s tash your 401(k) statements in the drawer. the third quarter was one of bailouts, near-collapses and takeovers on wall street that left many mutual funds down in the dumps. investors had few places to turn for safety. even money-market mutual funds ...
www.baltimoresun.com

Time To Come Clean - The Age
australia's big four banks are all exposed to the default of lehman brothers via credit default swaps (cds) - a noxious bull-market derivative which threatens further contagion in the ailing global financial system. national australia, anz, westpac ...
business.theage.com.au

‘frontier’ Funds Marked By Volatility, Risk
ask the fool: what are “frontier” funds? – j.v., sacramento, calif.
www.thenewstribune.com

Option Arm Loan Program Killed Washington Mutual
editor's note: this is the second installment of a two-part series on washington mutual.
www.heraldnet.com

The Year's Best Newbies - Washington Post
resize if you like to stay ahead of the curve, then newly launched mutual funds are worth a look. amid the garbage -- funds with high fees, unseasoned managers, a trendy focus -- are usually a few gems. buy one of this year's jewels and you're ...
www.washingtonpost.com

World Rushes To A Fix - Cnn Money
new york (cnnmoney.com) -- the world's leading nations stepped up their efforts sunday to stem the fallout from the worst global financial crisis in decades. after days of singular responses, officials the world over were scrambling to get out ahead ...
money.cnn.com

What A Year-long Slide
it may be hard to believe that $8.4 trillion in wealth has been wiped from mutual funds, retirement funds and investment portfolios in the last 12 months, but with the dow jones wilshire 5000 down over 42 percent from last year's october high, that...
www.nypost.com

American Century To Start London-based Funds
kansas city-based american century investments is taking its growth investment strategies to european and asian investors through a cloned set of mutual funds based in london.
www.kansascity.com

Banking System Must Be Prioritized - Cnbc
a coordinated rate cut by global central banks is unlikely to return trust into the banking system, believes harry ida, senior analyst at th... part and parcel economies breaking down is part of the capitalist system of cleaning up, says sanjeev ...
www.cnbc.com

Sfr Retirement Platform To Offer American Funds - Earthtimes
enhanced retirement platform for 403(b)(7), 457(b), and 401(k) topeka, kan. , oct. 6 /prnewswire/ -- security benefit is adding five mutual funds from american funds(r) to the sfr(r) program, a group retirement platform for 403(b)(7), 457(b) and 401 ...
www.earthtimes.org

Mutual Fund Withdrawals A Record As Investors Flee (update1)
oct. 9 (bloomberg) -- investors pulled a record $52.1 billion from u.s.-managed stock and bond mutual funds in the past week, seeking the safety of government-insured bank deposits as the financial crisis worsened.
www.bloomberg.com

U.s. Mutual Fund Withdrawals A Record As Investors Choose Banks
oct. 9 (bloomberg) -- investors pulled a record $72 billion from u.s.-managed stock and bond mutual funds in september, seeking the safety of government-insured bank deposits as the financial crisis worsened.
www.bloomberg.com

Philippine Aig Unit Assures Customers Despite Sale - Cnbc
manila, philippines - the philippine unit of american international group inc. sought to dispel concerns monday that the sale of the country's largest insurer would affect its ability to pay claims. jose cuisia, president and ceo of philippine ...
www.cnbc.com

Our Dependency On The World - Seattle Post Intelligencer
i was talking to friend in new york city the other day about the current financial crisis, and she told me about a scene she had just witnessed in the lobby of the warwick hotel. four swedish tourists, who clearly had been on a shopping spree in ...
seattlepi.nwsource.com

Four Mutual Fund Giants Join Guaranty Plan
as the deadline for enrollment neared on wednesday, four of the nation’s best-known mutual fund companies said they had joined the new federal program aimed at restoring confidence in the nation’s money market funds, the new york times’s diana b. henriques writes.
dealbook.blogs.nytimes.com

U.s. Will Buy Stake In Banks; First Time Since Great Depression
the government will buy an ownership stake in a broad array of american banks for the first time since the great depression. ... and, a rochester investor says mutual funds are tanking.
news.postbulletin.com

Crisis On The World Stage - Cnn Money
new york (cnnmoney.com) -- the world's leading nations stepped up their efforts sunday to stem the fallout from the worst global financial crisis in decades. in the most dramatic move, the leaders of 15 european nations - gathering in paris at an ...
money.cnn.com