Banks general
Bank of America to sell unit to Ameriprise for $1 billion
01 Oct 2009
The long-term asset management business of Columbia which is considered for the sale includes around $165 billion in equity and fixed-income assets
IMF lowers global loss estimates due to financial crisis to $3.4 trillion
30 Sep 2009
Although write-down estimates are subject to considerable uncertainty, the analysis shows that the financial system is on the mend, says the IMF