Financial Firms Tally Up Their Losses

McCall, Margo
September 2001
Wireless Week;9/24/2001, Vol. 7 Issue 39, p8
Trade Publication
Reports on how financial firms in New York City tally their losses from damaged or lost offices and revenue during the stock exchange closure following the September 11, 2001 terrorist attacks. Firms that lost headquarters; Number of employees lost by Morgan Stanley Dean Witter; Amount allocated by Bear Stearns for victims and their families.


Related Articles

  • BALMY AUGUST.  // U.S. Banker;Oct2000, Vol. 110 Issue 10, p14 

    Assesses the status of the financial market in New York, New York as of August 2000. Absence of financial disasters as reason for the good market condition; Accounts of stock market decline in the year 1997 and breakdown of the junk bond market in 1998; Financial actions taken by corporate...

  • The New Order.  // Advisor Today;Dec2001, Vol. 96 Issue 12, p110 

    Suggests the need for financial professionals to help clients define and achieve their financial goals in the aftermath of the September 11, 2001 terrorist attacks on the United States. How the attacks changed the way of life of citizens; Benefits provided by technology; Role of financial advisors.

  • ONE YEAR LATER, THE INDUSTRY AND THE WORLD SEEK CLOSURE. Sraeel, Holly // U.S. Banker;Sep2002, Vol. 112 Issue 9, p10 

    Discusses the impact of the September 11, 2001 terrorist attack against the United States on the financial services industry. Difficulties encountered by the industry following the terrorist attack; Factors that contributed to the nation and the industry's ability to recover from the incident.

  • 9-11 attack trickle down loss will be a DELUGE.  // Fort Worth Business Press;11/9/2001, Vol. 14 Issue 29, p18 

    Reports on the financial impact of the September 11, 2001 terrorist attack in New York on the financial services industry in the United States. Business interruption losses of neighboring businesses; Failures of business in the financial services industry.

  • U.K. NO STRANGER TO DISASTER PLANNING. Forman, Michael // Securities Industry News;9/9/2002, Vol. 14 Issue 35, p9 

    Focuses on the impact of the September 11 terrorist attack on the financial services industry in Great Britain. Awareness of the industry on the possibility of an attack; Assessment on the anti-terrorist and emergency preparedness procedure of the industry; Efforts of the industry on improving...

  • Faith-Based Proxy Item: Laundering Policies. Garver, Rob // American Banker;11/29/2001, Vol. 166 Issue 228, p1 

    Reports the filing of shareholder proposals with financial services companies by institutional investors in the United States. Impact of the September 11 terrorist attacks on anti-money laundering standards; Provision of the anti-terrorism law; Plan of financial institutions to design...

  • Financial Services Industry Escaped Full Adverse Impact of 4 Major 2001-02 Events; Damage Below Expected Levels, Ernst & Young Seminar Is Told. Gusman, Phil // Insurance Advocate;12/9/2002, Vol. 113 Issue 46, p42 

    Focuses on the factors affected the financial services industry in the U.S. Economic losses caused by the September 11 terrorist attacks; Occurrence of the recession and market decline as part of a natural cyclical change; Problems experienced by the property/casualty insurance sector.

  • Sept. 11: The New Challenges. Hall, Robert // ABA Bank Marketing;Dec2001, Vol. 33 Issue 10, p13 

    Deals with the challenges brought by the September 11, 2001 terrorist attacks to the financial services industry in the U.S. Changes in the priorities of people; Information on how companies can reflect people's aspirations on their messages to customers.

  • Housing and mortgage industry team up to fund support effort.  // Hudson Valley Business Journal;9/24/2001, Vol. 12 Issue 14, p22 

    Reports on the housing and mortgage finance industry partners that have teamed up to support those affected by the September 11, 2001 terrorist attacks against the U.S. National Association of Home Builders; Mortgage Bankers Association of America; Homeownership Alliance.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics