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Posts Tagged ‘Collapse of banking system’

US regulators shut 8 more banks

Posted by smeddum on July 17, 2010

US regulators shut 8 more banks
Sat, 17 Jul
The number of bank failures in the US continues to climb as regulators have shut down eight more banks in the states of Florida, South Carolina and Michigan.

The closed banks were holding $2 billion in combined assets. The latest closures bring the number of US bank closures so far this year to 96.

US regulators closed a total of 140 banks in 2009. Now, experts say that figure will be surpassed this year. Read the rest of this entry »

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Merkel says Germany may come to Ireland’s aid

Posted by smeddum on February 27, 2009

Friday, February 27, 2009

Irish Times

 

DEREK SCALLY in Berlin

GERMAN CHANCELLOR Angela Merkel has said Germany will consider assisting Ireland and other euro-zone members in financial difficulty, but only if they lay plain the true state of their banks’ finances at Sunday’s EU summit. Read the rest of this entry »

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Messrs Bradford and Bingley can hang up their hats

Posted by alfied on July 8, 2008

The Telegraph

By Damian Reece

A price target of 0p has been assigned to Bradford & Bingley by brokers Pali International, highlighting the crucial question of where next for B&B. Read the rest of this entry »

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