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Showing posts from September, 2008
three-month London interbank offered rate, or Libor, which banks charge each other, rose the most since 1999.
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``structural weaknesses'' that surfaced this month in Russia's banking system and the possible impact of the global credit squeeze
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Warren Buffett said more failures are coming, its inevitable
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WaMu’s banking assets were sold to JPMorgan Chase & Co for $1.9 billion.
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Fed announced late Sunday evening that it had approved the request, which will allow Goldman and Morgan Stanley to create commercial banks
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Europeans had assumed they would be largely immune to the American financial crisis. Not any more.
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Israeli banks are becoming increasingly nervous as financial institutions in the United States begin to topple
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Central banks across the world scrambled to meet a desperate demand for cash on Friday, as U.S. authorities closed a bank
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Australian banks were holding a record A$7.4 billion ($6.2 billion) on deposit at the central bank yesterday
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Chinese regulators have told domestic banks to stop interbank lending to U.S.
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FBI has opened preliminary investigations into several financial institutions whose collapse created chaos
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Ameribank, Incorporated ,Pioneer Community Bank of Iaeger and The Citizens Savings Bank of Martins Ferry, Ohio have purchased Ameribank’s assets
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Dharmesh Mohan Dullabh,has been charged with 11 counts of fraud relating to cases in Durban, Johannesburg and Cape Town.
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Dozens of homes sitting empty and facing foreclosure in Central Florida because they were part of an elaborate mortgage fraud scheme.
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5 million homeowners now delinquent or in foreclosure.
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Britain’s energy suppliers was axing 400 jobs
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