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G7 Seeks To Halt Global Crisis - Montreal Gazette
canada agreed yesterday as a member of the group of seven to a series of guidelines to combat the global financial crisis. the five-point plan aims at ensuring that major banks and financial institutions can raise capital from public and private ...
www.canada.com

Bank Shares Tumble As Barclays Ponders Capital Injection
british bank shares slumped yesterday after barclays confirmed it was looking at capital raising and fears rose about credit insurance pay-outs as investors absorbed massive losses on lehman brothers' debt.
www.theherald.co.uk

Vietnam Allows Anz To Set Up Local Bank
vietnam has given the go-ahead for australia's anz bank to set up a wholly owned subsidiary in the capital hanoi.
www.radioaustralia.net.au

Rbs Shares Dive After Analysts Predict £10bn Capital Raising - The Independent
royal bank of scotland shares fell to a 15-year low yesterday as speculation mounted that the embattled bank would seek to raise £10bn of capital from shareholders under the government's bailout plan. rbs's already battered shares lost a quarter of ...
www.independent.co.uk

Bank May Raise Capital Through Markets - Shropshire Star
barclays said it is considering “a number of options” including raising capital from the markets instead of taxpayers to reach government targets. the bank added it would “update the market” on its plans by the end of 2008, the government ...
www.shropshirestar.com

Capital One Dropping Dealer Financing In Ny And Nj
capital one says it's ending its auto dealer financing programs in new york and new jersey. bank spokesman steven thorpe said the decision was made after a regular review of the bank's investments and isn't related to the current credit crunch.
biz.yahoo.com

Italian Banks Other Than Unicredit May Need A Capital Increase
oct. 10 (bloomberg) -- italian banks other than unicredit spa , the country's biggest bank by assets, may need a capital increase to strengthen their finances, prime minister silvio berlusconi said today.
www.bloomberg.com

Ge Mulled Bank Charter As Credit Markets Chilled - Washington Post
washington/boston (reuters) - as general electric (ge.n) faced a recent credit crunch, the u.s. conglomerate considered seeking a bank charter that would give it access to government lending channels, sources familiar with the company's thinking said ...
www.washingtonpost.com

U.s. Planning To Buy Bank Stocks - Cnn Money
new york (cnnmoney.com) -- treasury secretary henry paulson said on friday that the u.s. government was working on a plan to buy stock in financial institutions by using part of the $700 billion authorized by congress to stabilize the financial ...
money.cnn.com

Southern Community Bank Agrees To Regulatory Order; Announces Injection Of $2 Million In Capital
southern community bancshares, inc. announced today that its bank subsidiary, southern community bank , has agreed to the entry of a "cease & desist" order with the federal deposit insurance corporation and the georgia department of banking and finance .
biz.yahoo.com

Treasury Says Has Power To Inject Bank Capital
washington (reuters) - u.s. treasury secretary henry paulson said on wednesday a recently approved financial bailout bill gives him wide authority to inject capital into the banking system and would not rule out having treasury take an ownership position in banks if necessary.
www.washingtonpost.com

Monroe Bank & Trust Buys Failed Main Street Bank - Detroit News
the first bank failure in michigan since 2002 happened friday when the state forced a sale of main street bank in northville and plymouth after the steep downturn in the residential real estate market "knocked the wind" out of the small bank ...
www.detnews.com

Morgan Gets Slammed On Continued Debt Jitters - New York Post
mitsubishi ufj's investment in morgan stanley is set to close on tuesday, but wall street has been growing increasingly skeptical about the deal - primarily because the investment is nearly as large as morgan's entire $10.7 billion market ...
www.nypost.com

Rbs Shares Dive After Analysts Predict £10bn Capital Raising
royal bank of scotland shares fell to a 15-year low yesterday as speculation mounted that the embattled bank would seek to raise £10bn of capital from shareholders under the government's bailout plan.
www.independent.co.uk

Adequate Capital Base Vital To Stability: Boj Chief
washington (kyodo) bank of japan gov. masaaki shirakawa said thursday it is vital for financial institutions to keep adequate capital bases for their smooth financial intermediation, alluding to the need for the u.s. to use public money to recapitalize its ailing financial bodies. "smooth financial intermediation is indispensable for economic growth. if the self-owned capital of financial bodies ...
search.japantimes.co.jp

Sellers On Hold - Baltimore Sun
for every home that sold in the first half of the year, 10 more would-be sellers in the baltimore metro area were wishing, waiting, hoping. with credit and economic woes weighing on buyers, that figure is twice as high as normal. and it's night and ...
www.baltimoresun.com

Lubbock Ceremony Tops Off Overton Centerpiece - Lubbock Avalanche-journal
the skyline above overton park is almost set. about a year after construction crews broke ground on the overton hotel and conference center, one of its highest beams was hoisted into place friday in a topping-off ceremony to mark the progress. there ...
www.lubbockonline.com

Otp Says Share Drop `unfathomable,' Capital, Liquidity `strong'
oct. 10 (bloomberg) -- otp bank nyrt. 's biggest one-day decline in 10 years was ``unfathomable'' and the capital and liquidity of hungary's biggest lender are ``extremely strong,'' chief executive officer sandor csanyi said.
www.bloomberg.com

Hsbc Strengthens Capital Base Of Uk Subsidiary
hsbc holdings has further strengthened the capital base of its uk subsidiary, hsbc bank, fulfilling its agreed commitment to the uk governments banking sector scheme, through an equity injection of gbp750 million, representing 1%of the total shareholders equity of the hsbc group as at june 30, 2008.
www.banking-business-review.com

Germany Considers Bank Bailout Plan: Report - Windsor Star
berlin -- germany is working on a plan to partially nationalize its banks along the lines of a similar british move this week, daily newspaper die welt said friday. the plan involves a capital injection of more than c$16 billion in return for equity ...
www.canada.com