Bank of America pushed into the red by legal bills April 16, 2014 SURPRISE legal bills pushed Bank of America Merrill Lynch (Baml) to a $276m (£164.3m) loss in the first three months of the year, the lender said yesterday. Revenues fell 2.7 per cent to $22.6bn, compared with the same period a year ago, while expenses increased 14 per cent to $22.2bn. But the main blow came from [...]
Credit Suisse joins banks hit by slump in fixed income revenues April 16, 2014 PROFITS slumped at Credit Suisse in the first quarter as the bank revealed weak investment banking results yesterday. It follows the industry trend of falling bond trading revenues – a sector hit by falling prices and tougher regulations. Credit Suisse’s pre-tax income fell 34 per cent on the year to SFr859m (£580m). Net revenues fell [...]
Paul Flowers charged over drug claims April 16, 2014 THE CO-OP Bank’s ex-chairman Paul Flowers was yesterday charged with possession of class A and C drugs. Flowers was chair of the bank until last summer, when a £1.5bn capital hole was discovered in its finances. In the Autumn a Mail on Sunday article alleged that he had been using illegal narcotics, including crystal meth. West [...]
Premier League: Black Cats put jinx on City’s chase for title April 16, 2014 MANCHESTER CITY 2 SUNDERLAND 2 MANCHESTER City manager Manuel Pellegrini admits his team face an uphill task to reclaim the Premier League title after their failure to beat bottom club Sunderland handed leaders Liverpool an enormous boost. Only a late Samir Nasri strike earned City a point after Connor Wickham’s second-half brace had cancelled out [...]
Newell eyes last chance saloon for England job April 16, 2014 NOTTINGHAMSHIRE director of cricket Mick Newell believes this may be his last shot at the England job, after he was formally interviewed for the post yesterday at Lord’s. Newell is thought to be up against current England limited-overs coach Ashley Giles and Lancashire’s Peter Moores, who is seeking his second term in charge, for the [...]
17 April on this day… April 16, 2014 1993: LORENZO Bruno Nero Dallaglio represents England during the World Sevens at Murrayfield, aged 20 and still two and half years away from a full England cap. The Wasps back-row forward went on to play 85 times for England, was the only 2003 World Cup-winner to play the entire the tournament, and toured three times [...]
Bale the hero as Real snatch cup April 16, 2014 WORLD’S most expensive player Gareth Bale repaid a chunk of his fee last night with a dazzling individual goal to snatch the Copa Del Rey for Real Madrid in the final’s dying moments. Bale hared from inside his own half down the left flank at blistering pace to leave Barcelona defender Marc Bartra floundering before [...]
Sturridge may miss Reds trip April 16, 2014 LIVERPOOL are sweating over the fitness of striker Daniel Sturridge as they look to clinch their first topflight title for 24 years. The former Chelsea player, the leading English scorer in the Premier League with 20 goals, strained a hamstring in Sunday’s 3-2 victory over Manchester City and is a doubt for the weekend trip [...]
Premier League: Palace stun Everton and do Arsenal a favour April 16, 2014 EVERTON 2 CRYSTAL PALACE 3 EVERTON manager Roberto Martinez blamed stage-fright after Crystal Palace delivered a huge blow to his side’s bid to qualify for the Champions League last night. Goals from Jason Puncheon, Scott Dann and Cameron Jerome earned Palace a fourth consecutive Premier League victory for the first time since 1995 and rubberstamped [...]
Pietersen to sit out start of IPL April 16, 2014 CRICKET: Former England batsman Kevin Pietersen will miss Delhi Daredevils’ first match of the new Indian Premier League season today with a finger injury. Pietersen had been due to lead the team against Royal Challengers Bangalore and is doubtful for Saturday’s fixture with Kolkata.
