WASHINGTON --Direct U.S. government investment in banks, similar to a bank rescue plan announced by the U.K. government Wednesday, could be the next move as U.S. regulators seek to control a raging financial crisis and...
WASHINGTON -- Direct U.S. government investment in banks, similar to a bank rescue plan announced by the U.K. government Wednesday, could be the next move as U.S. regulators seek to control a raging financial crisis...
Oct. 6, 2008 (China Knowledge) - Bank Muscat, the largest lender in the Gulf state of Oman, is seeking opportunities to invest in mainland's city commercial banks, the South China Morning Post reported on Monday,...
NEW YORK, Sept 24 - Wall Street's two largest investment banks are girding themselves for a long battle. In the past three days, Goldman Sachs Group Inc and Morgan Stanley became bank holding companies after...
Tony Lomas, administrator at PricewaterhouseCoopers (PWC) for Lehman Brothers International (Europe), said on Friday that he had received offers of interest to buy the London-based investment banking...
Lehman Brothers, the fourth-largest US investment bank, has filed for bankruptcy protection, dealing a blow to the fragile global financial system...
SINGAPORE, Sept 4 - Pakistan's central bank said on Thursday the World Bank has reaffirmed its financial support to fast-track close to $1 billion of investments in Pakistan. Central Bank Governor Shamshad Akhtar also said...
* Cathay Financial plans branch in Shanghai * Targets Taiwanese, Chinese, foreign companies as customers (Adds comments, details) TAIPEI, Nov 26 - Cathay Financial <2882.TW>, Taiwan's top listed financial holding firm, could invest in or...
Agricultural Bank of China, the nation's third-largest lender by assets, plans to introduce China's National Social Security Fund, the country's national pension fund, as an investor before its initial public offering, said Pan Gongsheng, vice president of the state-owned lender, on Wednesday.Pan, who is in charge of...
* FDIC votes 4-1 to ease previous proposals * Capital ratio rule would drop to 10 pct from 15 pct * "Source of strength" provision dropped * 3-year ownership requirement retained * Rules could still...