Ford re-recalling 225,000 vehicles
CNN Money
Ford Motor Company is recalling 225,000 vehicles for a second time. The cars, trucks and SUVs are among 9.5 million vehicles that have been recalled since 1999 to fix a faulty cruise control switch.
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HSBC to provide $35B to shaky vehicles
CNN Money
HSBC Holdings on Monday said it would move two of its structured investment vehicles onto its balance sheet and provide up to $35 billion in funding, saying it doesn't expect a near-term resolution of the funding problems faced by the vehicles that it and other banks hold.
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HSBC to provide $35B to shaky vehicles
CNN Money
HSBC Holdings PLC, Europe's largest bank, said Monday it will consolidate two structured investment vehicles, Cullinan Finance Ltd. and Asscher Finance Ltd., transferring some $45 billion of assets and funding on the lender's consolidated balance sheet.
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