Market Report: Yell falls on fears over its banking covenants

[Legal Beagles]

Yellow Pages publisher Yell was the focus of concern yesterday, with early rumours suggesting that the company, which has often been highlighted for its high levels of debt, either had or was close to breaching its banking covenants. There was no comment from the company and, in reaction to the chatter, Yell stock slumped to an intra-day low of 135p, down by 7.7 per cent on Tuesday's closing price.


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[Legal Beagles]

Shareholder group accuses ministers of rigging Rock compensation figures

Investors launch legal action to force government to back down over valuation of nationalised bank's shares

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[Legal Beagles]

Big bank bosses due to meet King

The chief executives of major UK banks are due to meet Bank of England governor Mervyn King.

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[Legal Beagles]

Sixth and most-senior head rolls at FSA over watchdog's failure to prevent Rock colla

The Financial Services Authority is to part company with yet another of its senior managers in the wake of the Northern Rock collapse, it emerged yesterday.


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[Legal Beagles]

Hunt for rogue traders who made a killing by spreading false rumours at banking giant

The hunt was on last night for greedy City traders who made hundreds of millions of pounds by forcing a dramatic plunge in the share price of Britain's biggest mortgage lender. Stocks in Halifax Bank of Scotland slumped as speculators spread malicious rumours about the bank's imminent collapse

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[Legal Beagles]

Hunt for rogue traders who made a killing by spreading false rumours at banking giant

The hunt was on last night for greedy City traders who made hundreds of millions of pounds by forcing a dramatic plunge in the share price of Britain's biggest mortgage lender, Halifax Bank of Scotland, by spreading malicious rumours about the bank's imminent collapse

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[Legal Beagles]

Bear Stearns bid faces challenges as backlash intensifies

The management team at Bear Stearns faces a backlash over the bank's capitulation to JP Morgan's $280m rescue takeover bid

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[Legal Beagles]

Hunt on for trader over shareprice scam

BRITISH authorities have launched a hunt for a stock market trader who may have made ?100 million ($A217.5 million) in a "modern day bank robbery" after an attack on the share price of the country's biggest mortgage lender.

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[Legal Beagles]

Arrests over Northern Bank raid

Detectives arrest two men over a money laundering inquiry launched after the Northern Bank robbery.

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[Legal Beagles]

Hunt for rogue traders who made a killing by spreading false rumours at banking giant

Banking chiefs will meet Bank of England governor Mervyn King today as the hunt continues for the greedy City traders who made hundreds of millions of pounds by forcing a dramatic plunge in the share price of Britain's biggest mortgage lender by spreading malicious rumours about the bank's imminent collapse

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[Legal Beagles]

London shares make shaky start

Profit warning from Credit Suisse piles gloom on banking sector in the last trading session before the long Easter weekend

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[Legal Beagles]

Market jitters return as hunt begins for £100m rogue trader behind fake 'bank collaps

Banking chiefs will meet Bank of England governor Mervyn King today as the hunt continues for the greedy City traders who made hundreds of millions of pounds by forcing a dramatic plunge in the share price of Britain's biggest mortgage lender by spreading malicious rumours about the bank's imminent collapse

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[Legal Beagles]

Market jitters return as hunt begins for £100m rogue trader behind fake 'bank collaps

Banking chiefs will meet Bank of England governor Mervyn King today as the hunt continues for the greedy City traders who made hundreds of millions of pounds by forcing a dramatic plunge in the share price of Britain's biggest mortgage lender

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