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Times Online February 20, 2008

BUSINESS BULLETIN


Dear Reader

Visit Times Online today for dynamic business news and views, market charts and sector analysis, plus your chance to comment.

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Today's top stories

Credit Suisse suspends staff over loss

The London traders were suspended after revealing a $2.85bn (£1.5bn) writedown set to wipe $1bn off first-quarter profits

Rock's 'sovereign-backed wealth' wins new savers

Investors appear to be heeding the advice of analysts to take advantage of Northern Rock's deposit accounts

Borrowers on 125% loans face repayments rise

The four leading lenders have stopped offering 125 per cent mortgage deals, which are popular with first-time buyers

Barclays 'won't flinch' in US assault plans

Revealing a smaller sub-prime writedown than expected, Barclays said it plans to capitalise on damaged US investment banks

OTHER HEADLINES

Analysis chevrons

A Suisse head must roll over revelation

Credit Suisse owes shareholders a much fuller explation than the statement and briefing from its chief Brady Dougan

Markets chevrons

Tempus: Rise of Hotel Indigo adds rosy hue

InterContinental's new hotels coming on stream should ensure profits move forwards: hold. Cadbury: hold. Croda: buy

Sweden's CPI fell... Refco charges... Wal-Mart milestone

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