New York Times
Still, two Deutsche Bank strategists, Jim Reid and Colin Tan, warned in a report on Thursday that this Greek crisis had echoes of the collapse of the Lehman Brothers investment bank in September 2008, an event that plunged the financial system into ...
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U.K. Overhaul, Bank Oversight, House Budget, Basel Bank Curbs: Compliance
Bloomberg
The largest banks may face a 3 percentage point levy at their current sizes, the person said. Governments are split over how far to toughen bank capital rules following the worst financial crisissince the Great Depression. The US Federal Reserve could ...
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Nightly Business Report
American Chronicle
We`ll have more on Bank of America (NYSE: BAC) coming up in "Street Critique." Life insurance firms saw the biggest loses in the financial sector, hit by their own falling stock prices, and then of course the drop in the market hurts their investment ...
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Understanding Islamic banking system
Nigeria Daily Independent
Perhaps, this explains why the Vatican put forward the idea that banks should look at the rules of Islamic finance to restore confidence among their clients at a time of global economic crisis. The Vatican's official newspaper Observatore Romano stated ...
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Greek default could mean market, economic turmoil
BusinessWeek
Some are comparing a Greek default to the collapse of US investment bank Lehman Brothers in September, 2008, which triggered the most severe phase of the world financial crisis, freezing credit markets and leading to a slump in global trade. ...
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