Items Tagged with 'Geojit'

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  • Vive Les Subprime Credit Crunch: BNP Paribas Freezes Funds

    Woes in US mortgage markets reached into France today, with BNP Paribas SA joining the likes of Bear Stearns in halting three investment funds due to what it said was difficulty in valuing their holdings. Per Bloomberg: BNP Paribas SA, France's biggest bank, halted withdrawals from three investment funds because it couldn't "fairly" value their holdings after U.S. subprime mortgage losses roiled credit markets.
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