Bank Page: The newest news, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
Spain's Santander, Europe's second-biggest bank by market value, said on Monday it was in talks to buy US bank Sovereign Bancorp but no deal has yet been reached. news.yahoo.com/s/afp/20081013/ts_alt_afp/financebankingspain...
PARIS -- Nations in Europe's single-currency zone agreed Sunday to temporarily guarantee bank refinancing as part of a raft of emergency measures to ease the credit crisis. www.washingtonpost.com/wp-dyn/content/article/2008/10/12/AR2...
Israel has shut down entry from the West Bank during the weeklong Sukkot holiday. news.yahoo.com/s/ap/20081013/ap_on_re_mi_ea/ml_israel_palest...
Five central banks, including the U.S. Federal Reserve and the European Central Bank, announced Monday new measures to thaw frozen credit markets and bolster funding to banks. www.usatoday.com/money/industries/banking/2008-10-13-central...
The head of the International Monetary Fund welcomed a European bank rescue plan on Monday despite its high cost, and predicted that weekend efforts by world leaders would soothe anxious global markets. news.yahoo.com/s/ap/20081013/ap_on_bi_ge/eu_europe_financial...
Bank Failures Sit at Unlucky 13, But Maybe Not For Long news.yahoo.com/s/time/20081013/us_time/bankfailuressitatunlu...
Asian stocks bounced 5 percent from a four-year low on Monday after policymakers around the world took increasingly bold steps to rescue the financial system, including guaranteeing bank deposits and taking stakes in banks. news.yahoo.com/s/nm/20081013/bs_nm/us_markets_global_2
CANBERRA/WELLINGTON (Reuters) - Australia and New Zealand gave a blanket guarantee to all bank deposits Sunday in a move likely to raise pressure on other economies to do the same, amid a crisis of confidence in the global financial system. www.washingtonpost.com/wp-dyn/content/article/2008/10/12/AR2...
The unrelenting financial crisis is pounding U.S. commercial banks, transforming the industry landscape and likely leading to a rising wave of bank mergers and fire sales in the coming months. www.usatoday.com/money/industries/banking/2008-10-12-banks-m...
The world readied on Monday for a slew of bank bailouts worth hundreds of billions of dollars in an effort to staunch the credit rout that threatens to tip the global economy into recession. news.yahoo.com/s/nm/20081013/ts_nm/us_financial3_18
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