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BBC News | Business | World Edition
Markets rally after crisis talks
Mon, 13 Oct 2008 05:59:32 -0000
Most Asian stock markets react positively after efforts by world leaders to end the financial turmoil.
UK banks may get bail-out on Monday
Mon, 13 Oct 2008 06:09:58 -0000
Major UK banks are being told they need to seek up to £50bn to boost their balance sheets, the BBC learns.
US banking rules 'outdated'
Mon, 13 Oct 2008 00:04:48 -0000
US banking regulators need a "dramatic overhaul", according to Harvey Pitt who used to run one of them.
NYT > World Business
U.S. Missteps Are Evident, but Europe Is Implicated
Mon, 13 Oct 2008 02:22:28 -0000
Experts say lenders in Europe all too willingly embraced many of the riskiest practices of their American counterparts.
Stock Slump Imperils Putin’s Effort to Pump Up Russian Wealth, and His Legacy
Mon, 13 Oct 2008 01:22:48 -0000
Vladimir V. Putin is facing a threat to his legacy of bringing growth, stability and a renewed swagger to this nation.
Spanish Bank Said to Be Close to Buying Sovereign Bancorp
Mon, 13 Oct 2008 02:20:34 -0000
Banco Santander of Spain is in advanced talks to acquire Sovereign for about $2.5 billion, people briefed on the matter said.
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