accountRBS was one of the casualties of the financial crisis, chalking up record losses, and requiring a multi-billion dollar...
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BAD BANK
A bad bank (also called a collection bank) is a specially chartered bank that acts as a self-liquidating trust and is chartered by a bank holding company to hold all non-performing assets owned by a federally insured bank. This transfer of bad loans improved the asset quality of the seller. In the current economic climate many countries are looking into the use of the bad bank as a means of recovery.
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Preview A report released a few months back by Visa Europe and compiled by Atkearney. Shows the pre- crisis...
The European Banking Authority (EBA) has order banks to increase their Capital by an extra 12 BN Euros to cope with the...
Rumors on possible fall out of Swedbank led to massive withdrws from cash in Riga late last week and over the weekend,...
The European Banking Authority (EBA) has order banks to increase their Capital by an extra 12 BN Euros to cope with the...
Reuters reports - Lehman Brothers Holdings Corp, which collapsed in September 2008, received court approval on Tuesday...
Euro sovereign debt crisis and the weighs of the OECD in a potential EU breakup.
It appears the FSA is failing to contain 'white collar' crime and corruption
In light of the global financial crisis, the Bank of Japan has revised their approach to avoiding asset bubbles,...
Following the latest news, trends, business exchage, merchant account options, technologies, hot games, regulation...
An Article published in the NewScientist Magazine, about a Study made by the Swiss Federal Institute of Technology in...
In this second of two blogs, Ian Fraser wades into the debate surrounding Occupy Wall Street. Our writer dissects the...
Ian Fraser discusses why Occupy Wall Street has caught on so quickly and why it may last, looking at how the system has...
Bank of New York Mellon (BK.N) was sued on Tuesday by New York federal and state prosecutors
Using a variety of sources, including the fascinating piece by Dominic Connor in The Register, Ian Fraser attempts to...
Banks and other financial speculators are betting food prices in financial markets, causing dramatic spikes in the cost...
After listening to bankers for a long time, global economies seem to be in a tough situation without an easy route out.
In the wake of the global financial crisis and subsequent recession, Anthony Harrington steps back to summarise some of...
Citigroup CEO Vikram Pandit gets a raise to $1.75 million plus stock, options—and $80 million
Top Sources: Bad Bank
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- Financial Times
