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Bank Crisis Strikes Europe
 

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Current DateTime: 08:21:48 23 Nov 2009
LinksList Documentid: 27078291
 

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Current DateTime: 08:21:48 23 Nov 2009
LinksList Documentid: 27079135
 

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TOP EUROPEAN VIDEOS:



Current DateTime: 08:21:49 23 Nov 2009
LinksList Documentid: 27078290
  • Mixed Economic Data Out of Britain 

      UK July retail sales hit a 14-month high while government borrowing posted a record deficit for the month. Alan Clarke from BNP Paribas said it was encouraging for the bond market that there was the dissent among Bank of England members, as it suggests the BoE can increase its quantitative easing program again.

  • UK July Retail Sales Hit 14-Month High 

      We had a good Easter and better weather which contributed to most retailers reporting good figures, Elissa Bayer from Charles Stanley said Thursday. "But the retailers have been discounting like mad. Even the autumn stuff coming in is highly discounted."

  • Banks Back on Track? 

      Many banking stocks have had the worst-case scenario priced in and that really hasn't been the case, Robert Pavlik from Banyan Partners told CNBC Thursday. Pavlik discusses the outlook for the banking sector.

  • ICBC First-Half Results Beat Forecasts 

      The world's biggest lender by market value ICBC's first-half results beat expectations Thursday, reporting a profit of $9.7 billion. "The Chinese banks are the most popular banks in the world right now," Peter Hoflich from The Asian Banker said.

  • Battle at the BoE for King? 

      A sharp divide has been revealed between Bank of England Governor Mervyn King and the majority of his policy makers. George Buckley from Deutsche Bank considers the outlook.



 

SPECIAL REPORTS:



Current DateTime: 08:21:50 23 Nov 2009
LinksList Documentid: 26743397
  • Protect Your Wealth

      How are investors in the Asia Pacific region handling the global financial turmoil?

  • Financial Crisis Hits Europe

      European nations are scrambling to stem the wave of bank failures across the continent.

  • Wall Street In Crisis

      Wall Street was badly shaken Sunday by the failure of Lehman Brothers, the takeover of Merrill Lynch and big asset sales by AIG.

  • The Fall of Lehman Brothers

      It's official -- Lehman Brothers files for bankruptcy protection.  But the Chapter 11 filing will not include its broker-dealer operations or the Neuberger Berman unit.

  • Fannie & Freddie Takeover

      The US Government seizes control of the two mortgage finance companies, launching what could be its biggest federal bailout ever, as the credit crunch claims two more corporate victims.

  • Collapse of Bear Stearns

      JPMorgan Chase said it would buy stricken rival Bear Stearns for just $2 a share in an all-stock deal that values the U.S. investment bank at about $236 million.

 

SLIDESHOWS:



Current DateTime: 08:21:50 23 Nov 2009
LinksList Documentid: 26708558
  • Global Market Selloff

      Stock markets around the globe suffered dramatically during the week ending October 10th but how bad was it really? Here are the numbers.

  • Credit Crisis Play by Play

      The US government has taken a number of dramatic steps—both conventional and extraordinary—to try to remedy the problem. Take a look at what's been done.

  • Failed Banks This Year

      Take a look at the failures of 2008 as measured by total assets and the cost to the FDIC’s deposit insurance fund.

  • Credit Crunch Timeline

      Hasty takeovers, government bailouts, bankruptcy filings, CEO ousters and lots of interest rate cuts. Click ahead for the big events of the big bust.

  • Largest US Bankruptcies

      Lehman Brothers' bankruptcy protection filing is the largest in history, dwarfing all others. Take a look at the ten biggest corporate filings in US bankruptcy court.



Current DateTime: 06:27:24 23 Nov 2009
LinksList Documentid: 29778428

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LinksList Documentid: 29779196

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LinksList Documentid: 29779199

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LinksList Documentid: 29779198
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