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US banks make shock status switch
The last two major US investment banks change their status, in a bid to
survive the ongoing upheaval in the financial sector.

Sep 22nd, 2008 at 2:30 am - News Link - Source
For Banks, Bailout; For Young People, Advice About Credit
The Treasury Department started a new campaign last week to educate 18- to
24-year-olds about the importance of credit.

Sep 22nd, 2008 at 12:49 am - News Link - Source
Foreign Banks Hope Bailout Will Be Global
The American bailout plan, which originally excluded foreign banks with
U.S. units, may expand, a move that could raise its cost and intensify
scrutiny by Congress and critics.

Sep 22nd, 2008 at 12:37 am - News Link - Source
G.E., a Giant of Lending, Is Dragged Down Along With Banks
Uncertainty over the company’s finance unit may present challenges
to its financial performance, its strategy and perhaps even its business
model.

Sep 22nd, 2008 at 12:35 am - News Link - Source
Feds Step In To Rescue Banks
After a week of major financial turmoil, President Bush announced a
historic bailout for America s banks and admitted the financial system is
in crisis. Anthony Mason reports.

Sep 19th, 2008 at 9:00 pm - News Link - Source
Parties Unite To Rescue Banks
In a landmark gesture, President Bush is working with congress to create an
entity similar to the Resolution Trust Corporation, which took over bad
assets in the 1980 s. Jim Axelrod reports.

Sep 19th, 2008 at 9:00 pm - News Link - Source
To Avoid Risk and Diversify, Sovereign Funds Move on From Banks
Sovereign wealth funds in the Middle East are still investing money abroad,
but they are diversifying out of the financial sector.

Sep 19th, 2008 at 3:54 am - News Link - Source
A Bid to Curb Profit Gambit as Banks Fall
A backlash against short sellers has begun, with regulators in the U.S. and
Britain tightening rules and authorities in New York intensifying
investigations.

Sep 19th, 2008 at 3:53 am - News Link - Source
Banks raises NRI deposit rates
State Bank of India, the country s largest lender, has also announced a
hike in its interest rates for foreign currency non-resident (FCNR)
deposits and non-resident external (NRE) term deposits.The bank revise...

Sep 19th, 2008 at 3:28 am - News Link - Source
FDIC-insured banks safe, FDIC says
U.S. consumers money in an insured bank is safe as long as its within the
Federal Deposit Insurance Corp. (...)

Sep 18th, 2008 at 6:44 pm - News Link - Source
British LibDem party wants to stop hedge-funds from shorting banks
The head of the British Liberal Democratic Party has called for regulators
to step and and force hedge-fund managers to stop short-selling failing
banks, making billions as the banks stumble and are rescued wit...

Sep 18th, 2008 at 10:59 am - News Link - Source
Central banks release more funds
Global central banks pump billions of dollars into the money markets in a
co-ordinated move to try to keep funds flowing.

Sep 18th, 2008 at 4:05 am - News Link - Source
Central banks to pump cash into markets
Read full story for latest details.
Sep 18th, 2008 at 3:53 am - News Link - Source
Russia Halts Trading on Concerns for Banks
The country’s primary stock indexes plummeted, led by banking
stocks, prompting regulators to halt trading. The finance ministry said it
was increasing liquidity for three banks.

Sep 18th, 2008 at 2:11 am - News Link - Source
Houston food banks need your help
Cherie Priest sez, In short, Houston is in major trouble. Via CNN -- "The
Houston Food Bank is “utterly overwhelmed with people asking for help,”
its president, Brian Greene, said Tuesday. The food bank nee...

Sep 17th, 2008 at 1:22 pm - News Link - Source
Banks will lead rally when bull market returns!
Most people seem to think that the stock market has hit bottom or is close
to bottom. Who will lead the bull market return. Many stocks are at or near
their 52 week lows including the big banks. Risky, maybe? B...

Sep 7th, 2008 at 8:00 am - News Link - Source
Banks facing demand pressures, running out of cash
The problems with the Indian economy seem to be increasing. The latest news
coming from the banking sector is that banks are running out of money. In a
dramatic turnaround, the banks have gone from a position o...

Jul 17th, 2008 at 1:23 am - News Link - Source
Banks not to hike deposit rates
Adding to the woes of the consumers, the banks today ruled out any further
increase in deposit rates in the near future even though high inflation was
eroding the return on deposits. This news becomes more worr...

Jul 16th, 2008 at 1:12 am - News Link - Source
Banks expect interest rates to increase by 0.5-1 percent
The banks have absorbed and have started reacting to the sensational RBI
move of increasing key rates in the economy. As stated earlier by many
bankers, that the question is no longer if the rates would increas...

Jun 26th, 2008 at 1:11 am - News Link - Source
How to Prevent Home Loan Banks from Foreclosing Your Home
When confronted with the possibility of foreclosure, it is but natural that
a person may feel disheartened and helpless. The thought of losing the home
where you and your whole family lives can be unbearable. H...

Jul 19th, 2007 at 1:23 pm - News Link - Source
See Also:
Us Banks - Make Shock - Status Switch - Bailout Young - People Advice - About Credit - Foreign - Hope - Will - Global - G
 
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