Taiwan's Mega Bank ratings not immediately hit by US subprime exposure
Forbes - Its net profit in the first half of 2007 was 6.2 bln twd. S&P currently has 'A/A-1' ratings on the bank with a stable outlook. TFN.newsdesk@thomson.com jro COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying
Taiwan's Mega Bank ratings not immediately hit by US subprime exposure Bank of America to rescue Countrywide
Daily Telegraph - If Bank of America does buy Countrywide, it would follow on from its previous $2bn investment in August, when it bought preferred shares convertible into ordinary shares at $18 each. Because of that deal, Bank of America has first right of refusal
Bank of America to rescue CountrywideCountrywide stock soars on BofA sale talk
CNN Money - NEW YORK (Fortune) -- Bank of America is in advanced talks to purchase struggling home lending giant Countrywide Financial Corp., according to The Wall Street Journal . The news represented the first ray of hope in months for Countrywide shareholders
Countrywide stock soars on BofA sale talk
Bank of America to rescue Countrywide
Daily Telegraph - If Bank of America does buy Countrywide, it would follow on from its previous $2bn investment in August, when it bought preferred shares convertible into ordinary shares at $18 each. Because of that deal, Bank of America has first right of refusal
Bank of America to rescue CountrywideConservatives Would Hand BOE Bank Oversight Powers (Update1)
Bloomberg - Conservatives say that the financial system Brown designed in 1997 failed to prevent the first U.K. bank run in a century. Yesterday, Chancellor of the Exchequer Alistair Darling said he wanted to strengthen the Financial Services
Conservatives Would Hand BOE Bank Oversight Powers (Update1) Indian bonds rally as central bank relaxes
Guardian Unlimited - Adding to the bullish outlook, some traders are even speculating that with inflation well within the central bank's comfort zone, the authority will cut its official rates for the first time in 4-½ years at its next policy review on Jan. 29.
Indian bonds rally as central bank relaxesNorthern Rock: Bank Faces £100m Pension Black Hole
Sky.com - Their rush to withdraw funds caused the first run on a UK bank in more than 140 years. The trustees say they have applied formally to the Board to ask it to ring-fence the fund so that it will be secure - and ensuring that the pensioners and their
Northern Rock: Bank Faces £100m Pension Black HoleICBC says 2007 e-banking volume soars 127%
Xinhua News Agency - E-banking business was 102.9 trillion yuan (14.2 trillion U.S. dollars) in 2007, which meant ICBC was the first bank in China to pass the 100-trillion won level in e-banking, the sources said. The total included 89.9 trillion yuan in online business
ICBC says 2007 e-banking volume soars 127% ICBC says 2007 e-banking volume soars 127%
Xinhua News Agency - E-banking business was 102.9 trillion yuan (14.2 trillion U.S. dollars) in 2007, which meant ICBC was the first bank in China to pass the 100-trillion won level in e-banking, the sources said. The total included 89.9 trillion yuan in online business
ICBC says 2007 e-banking volume soars 127%