United Kingdom | Sunday, 23 November 2008

Bank Articles

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171. Hopes for stimulus rise after ECB softens tone
Growing prospects of a ECB interest rate cut takes some of tension out of discussions on how to tackle global economic downturn when finance leaders from leading industrial economies meet on Saturday.
08 Feb 2008
172. Buffett says U.S. bank woes are "poetic justice"
The woes in the U.S. financial sector are "poetic justice" for bankers who designed and sold complex investments that have since gone sour, billionaire investor Warren Buffett said on Wednesday.
07 Feb 2008
173. Bank of England set to cut rates
The Bank of England looks set to cut interest rates at midday on Thursday to head off a sharp consumer-led slowdown as storm clouds continue to gather over the global economy.
07 Feb 2008
174. Banks eye star staff at stricken SocGen
Banks are circling star traders and bankers at Societe Generale, the French bank hit by a rogue trader scandal.
04 Feb 2008
175. What the Bank of England has to weigh up next week
The Bank of England looks certain to cut interest rates by a quarter-point next week in the face of more evidence of a slowing economy.
02 Feb 2008
176. Court finds Lone Star South Korean head guilty in KEB case
A Seoul court found the head of U.S. buyout house Lone Star's South Korean operations guilty of manipulating the stock price of a credit card unit of KEB so it could buy it cheaply, a potential setback for foreign companies looking to invest in the country.
01 Feb 2008
177. Mervyn King given second term as Bank of England head
Mervyyn King has been appointed to hold a second term as governor of the Bank of England, the Treasury announced today.
30 Jan 2008
178. Banks face toughest conditions since '90s
Banks are navigating their choppiest waters since the early 1990s and face growing risks including a loss of public confidence, escalating consumer defaults and a rise in financial crime, the regulator warned.
30 Jan 2008
179. Bank's Blanchflower says rates "restrictive"
The Bank of England needs to stop worrying about inflation and cut interest rates to prevent a sharp slowdown in growth, central bank policymaker David Blanchflower said in an interview published on Monday.
28 Jan 2008
180. Bank of France Governor gives reassurances on financial crisis
Christian Noyer, the Governor of the Bank of France has said that he is not worried about the solidity of French banks following the subprime mortgage crisis in America.
25 Jan 2008
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