Search Results for 'Crisis'

A brewing banking crisis

In its Financial Stability Report 2011, the Reserve Bank of India (RBI) concludes, rather bravely, that there are no major issues of stability and stress within the financial sector in general and the banking sector in particular. This [...]

Posted On : Dec, 26 2011 | Comments : 0

China Bank Crisis Led by Debt Seen by 61% in Global Poll

Most global investors predict China will face a banking crisis within the next five years, paring their appetite for the nation’s shares and eroding confidence in its leadership, a Bloomberg Global Poll indicated. Sixty-one perce [...]

Posted On : Dec, 09 2011 | Comments : 0

Bank of England announces crisis lending facility

The Bank of England has put in place contingency plans for a deterioration in the eurozone sovereign debt crisis, announcing a new short-term lending facility for times of severe market stress. Less than a week after six of the major cent [...]

Posted On : Dec, 07 2011 | Comments : 0

European Banks Selling Sovereign Bonds May Worsen Debt Crisi...

BNP Paribas SA and Commerzbank AG are unloading sovereign bonds at a loss, leading European lenders in a government-debt flight that threatens to exacerbate the region’s crisis. BNP Paribas, France’s biggest bank, booked a [...]

Posted On : Nov, 08 2011 | Comments : 0

Summer of Banking Delusion Brings Crisis to Europe’s Core: V...

Once upon a time, like this summer, Dexia SA (DEXB), the French-Belgian bank, was stable. By the measures global regulators deem important, its capital ratio stood at 11.4 percent of risk-weighted assets, according to data compiled by Blo [...]

Posted On : Oct, 07 2011 | Comments : 0

In European Banking Crisis, Inaction Isn't an Option

With the old Continent's sovereign-debt crisis barreling into the unknown, every investor, saver and banker should be scared, no matter where they reside. As a big hedge-fund manager told me last week: "We never, ever, thought th [...]

Posted On : Sep, 27 2011 | Comments : 0

Capital One's Deals Forge Strategy For Post-Crisis Banking

Capital One Financial Corp. (COF) has found a way to grow despite the lingering hangover from the financial crisis. Its method: Do deals. While the Dow Jones Industrial Average fell 1.5% last week, the McLean, Va., ban [...]

Posted On : Aug, 16 2011 | Comments : 0

Banking giants leaned heavily on Fed in crisis

Many of the firms now boasting solid profits had to rely on funding from the U.S. central bank, which essentially acted as the glue holding the financial system together in the tumultuous months that followed the bankruptcy of Lehman Bro [...]

Posted On : Dec, 02 2010 | Comments : 0

Banking crisis was too big for public finances

Many of Ireland's current problems date back to 2008, when the Dublin government became the first in Europe to recapitalise its banks. Much of Ireland's growth had been built on the property market, which collapsed at the start o [...]

Posted On : Nov, 26 2010 | Comments : 0

Ireland banking crisis

The people of the Irish republic are bracing themselves for yet another huge round of government spending cuts - to pay for a second bank bailout. In a move watched closely at Westminster, the Irish Government has had to pour billions mo [...]

Posted On : Oct, 01 2010 | Comments : 0

A eurozone banking crisis left unresolved

Two years after the fall of Lehman Brothers, and a massive bank bail-out agreed by European governments, the eurozone’s financial sector is still fragile. As we have seen in recent weeks, the Irish banking sector is insolvent, and [...]

Posted On : Sep, 13 2010 | Comments : 0

Bank crisis reports to be published

Two separate reports into the banking crisis are expected to be published. The documents were discussed by ministers for three hours during a special meeting of the Cabinet. The reports were drawn up by Central Bank governor Patrick Hono [...]

Posted On : Jun, 09 2010 | Comments : 0

CBN says bank crisis would have been worse

The recent third quarter results announced by banks in Nigeria is evidence that the crisis in the nation’s banking sector would have been worse if the Central Bank of Nigeria did not intervene when it did, the bank said at the weekend [...]

Posted On : Dec, 14 2009 | Comments : 0

Bank Crisis: CBN, Aondoakaa Dragged to Court

Barely one week after the Senate endorsed virtually all the actions of the Central Bank of Nigeria on the crisis rocking the banking sector, the Minority Whip in the House of Representatives, Honourable Femi Gbajabiamila (AC Lagos) has drag [...]