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Latest Banking Crisis News

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  • Scottish notes would have been worthless if bank had collapsed 25 Nov 2009 00:45 GMT
    ... Both HBOS and Royal Bank of Scotland came close to collapse during last year's banking crisis, raising the prospect of Scottish notes becoming worthless overnight. Lord George Foulkes, who helped ...

  • Scottish notes would have been worthless in case of collapse 25 Nov 2009 01:15 GMT
    ... Both HBOS and Royal Bank of Scotland came close to collapse during last year's banking crisis, raising the prospect of Scottish notes becoming worthless overnight. Lord George Foulkes, who helped ...

  • Myners warns institutional investors over 'lack of responsibility for ownership' 25 Nov 2009 01:01 GMT
    ... he said. Well-run companies are founded on good governance, Myners argued, adding: "If the banking crisis has taught us anything, it's that bad decisions went unchallenged. Good governance needs good ...

  • Lord Myners: shareholders risk 'sleep-walking' into another financial crisis unless they challenge companies 25 Nov 2009 01:11 GMT
    ... was effectively market failure, so the Government has a responsibility to act. If the banking crisis has taught us anything, it’s that bad decisions went unchallenged. Good governance needs good ...

  • Study: Bank crisis shows need to expect the very worst 24 Nov 2009 04:36 GMT
    ... investment consultancy said on Nov. 23. Study: Bank crisis shows need to expect the very worst ... hyperinflation, excessive leverage, a currency crisis, a banking crisis, sovereign default, climate change, political crisis, insurance ...

  • Bank Crisis Shows Need to Expect the Worst: Study 24 Nov 2009 08:25 GMT
    ... ...

  • Christa Bouwman on the value of capital to banks 24 Nov 2009 19:30 GMT
    ... Capital helps all weather a banking crisis, but at other times the benefit to large banks is relatively small, MIT researcher ...

  • In bank failures, opportunity, too 24 Nov 2009 04:30 GMT
    ... customers, or are we just seeing who's got the thicket wallet?" Thomas said. Florida's banking crisis also has attracted opportunistic moves from newly created ventures. A new investor group acquired ...

  • Crisis shows need to expect the worst 24 Nov 2009 01:20 GMT
    ... as of mid-year. They were economic depression, hyperinflation, excessive leverage, a currency crisis, a banking crisis, sovereign default, climate change, political crisis, insurance crisis, protectionism, disunity in Europe, the end ...

  • The 15 worst risks next year - and how to avoid them 24 Nov 2009 14:51 GMT
    ... Currency crisis - Extreme movement between floating rates. Hedge: Gold, foreign assets 5. (Another) banking crisis - Balance sheets cannot absorb another shock, such as an increase in corporate defaults ...

  • Indonesian minister defends rescue on bank Century 24 Nov 2009 15:21 GMT
    ... Asian financial crisis in 1997/98, said Mulyani. "Indonesia had had similar experience (of the banking crisis),"she said. The Indonesian government initially injected 1 trillion rupiah (some 106 million U.S. dollars) ...

  • Why Niall Ferguson is still bearish 24 Nov 2009 04:35 GMT
    ... recovery will be sustainable? I feared all summer that we might have another big banking crisis in Europe just as happened in 1931. Well, the European governments turned a blind ...

  • The crisis will worsen 24 Nov 2009 20:42 GMT
    ... Our share markets may face pressure. Foreign investors had withdrawn in 2008 when the banking crisis erupted in the US and led to the collapse of our share market. On ...

  • EC Approves Modified Irish Deposit Guarantee Scheme 24 Nov 2009 13:51 GMT
    ... approved an Irish scheme aimed at ensuring that depositors are protected from any future banking crisis that might affect depositors' funds. The scheme, when it enters into force, will provide ...

  • Exclusive: Natie Kirsh chats to Moneyweb 24 Nov 2009 23:53 GMT
    ... Kirsh has taken a strategic stake and backed entrepreneurial management teams. Just before the banking crisis hit, Jetro raised $800m in a bond issue on very favourable terms. This enabled ...


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