United Kingdom | Sunday, 23 November 2008

Bank Articles

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71. Merger push on ice for battered small lenders
Britain's battered smaller banks and other lenders are ripe for merging to create a bigger, stronger bank, but fragile markets and a grim economic outlook are likely to delay consolidation until some stability returns.
15 Jul 2008
72. Lloyds ends talks with German banks
Lloyds TSB has cut off talks aimed at a possible takeover of German banks Dresdner or Postbank, a source familiar with the matter has told Reuters.
11 Jul 2008
73. Bank holds interest rates at 5 percent
The Bank of England held interest rates steady at 5.0 percent on Thursday, in a widely expected decision as policymakers tussle with the twin evils of a slowing economy and surging inflation.
10 Jul 2008
74. What the BoE has to weigh up
The Bank of England looks set to hold interest rates steady for the third month running on Thursday as policymakers seem trapped between high inflation on one side and sharply slowing growth on the other.
10 Jul 2008
75. Bank likely to hold interest rates for now
The Bank of England is expected to hold interest rates at 5.0 percent on Thursday and will probably sit tight until it has a better idea of which is the greater evil, surging inflation or slowing economic growth.
10 Jul 2008
76. Bank fixed on inflation amid recession talk
Businesses delivered fresh evidence on Tuesday that the economy risks sliding into its first recession since the early 1990s, reporting a sharply deteriorating climate across the country.
08 Jul 2008
77. European banks set for big writedowns-analysts
UBS and other European banks are set to unveil billions more euros in writedowns on assets hit by the U.S. subprime crisis and credit crunch, although second quarter losses should be less than the previous quarter, analysts said.
08 Jul 2008
78. What the Bank has to weigh up next week
The Bank of England looks set to hold interest rates steady for the third month running next week as policymakers seem trapped between high inflation on one side and sharply slowing growth on the other.
05 Jul 2008
79. Fortis and RBS need to deliver on ABN promises
Nine months after taking control of Dutch bank ABN AMRO, two of the three victors are suffering a bad bout of winner's curse and need to deliver on big promises to investors.
04 Jul 2008
80. Trichet says ECB unbiased on rate rise
European Central Bank President Jean-Claude Trichet said the ECB has no bias on future policy moves after it raised interest rates for the first time in over a year on Thursday, taking them to 4.25 percent from 4.0 percent.
03 Jul 2008
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