TITLE

More bail-outs, break-ups

AUTHOR(S)
Sibillin, Anthony
PUB. DATE
January 2009
SOURCE
BRW;1/29/2009, Vol. 31 Issue 4, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the effects of the global financial crisis with Royal Bank of Scotland (RBS) and the Citigroup. There may be more bail-outs and break-ups as the financial crisis is not going to be over soon. The government of United Kingdom increased its stake in RBS to prevent its collapse. The Citigroup meanwhile announced that they will split.
ACCESSION #
36538756

 

Related Articles

  • Citi Slashes Euro Lev Fianance Team In Half.  // High Yield Report;4/14/2008, Vol. 19 Issue 15, p3 

    The article offers world news briefs related to financial business. The Citigroup reduces its European leveraged finance team in London, England. Barclays Capital appoints Michael Han as the director in global loans and work with Asia -Pacific leveraged finance group. The Royal Bank of Scotland...

  • Toxic waste disposal. Coppola, Frances // Fundweb;8/7/2013, p24 

    The article reports on the banking crisis in Great Britain led by retail banking. Royal Bank of Scotland and Lloyds Banking Group were part-nationalised during the credit crunch in 2008. Since the financial crisis, Barclays and HSBC also underwent severe restructuring. The global meltdown of...

  • Banks in UK and Ireland take more steps to escape grip of 2008 crisis. HARRIS, DAVID // EG: Estates Gazette;10/20/2012, Issue 1242, p48 

    The article reports on the steps taken by banks in Great Britain and Ireland to recover from the 2008 financial crisis. British bank RBS has left the government's Asset Protection Scheme after it spent 163.2 billion British pounds for its participation without making a single claim. Irish bank...

  • Bank doubters.  // BRW;8/13/2009, Vol. 31 Issue 32, p64 

    The article reports on the competition among big banks to address the global financial crisis and the doubts on regional banks. It states that Bendigo and Adelaide Bank Ltd. is the only bank that has a sound quality and an on track market expansion amidst the crisis. It notes that Citigroup Inc....

  • F1 risks losing support from financial sector. Kemp, Ed // Marketing (00253650);11/5/2008, p3 

    The article speculates on risks related to sports sponsorship deals in Great Britain in the face of the 2008 financial crisis particularly the involvement of the Royal Bank of Scotland with the AT&T Williams F1 team. Sources within Formula One claim that the bank is considering pulling out of...

  • RBS: 'Sell everything' ahead of 'cataclysmic year'. Suter, Laura // Money Marketing (Online Edition);1/12/2016, p1 

    The article reports that the Royal Bank of Scotland plc (RBS) has warned clients to sell stocks amid the financial crisis in China and very low oil price as of January 12, 2016.

  • Scope May Shield Citigroup a Bit from Downturns. Moyer, Liz // American Banker;10/8/1998, Vol. 163 Issue 193, p1 

    Focuses on the merger between Citicorp and Travelers Group Incorporated to form Citigroup, examining whether the company will survive the world financial markets crisis. Value of Citigroup; Predicted amount of earnings Citigroup is expected to produce for the third-quarter; Information on...

  • Test Results Bring Relief to Citigroup. Rexrode, Christina // Banking Strategies Daily;3/16/2015, p1 

    The article reports that banking company, Citigroup Inc., had passed its "stress test" for 2015 and mentions its 400 percent gain and the first increase since the financial crisis.

  • Next frontier: bank regulation.  // People's Weekly World;6/6/2009, Vol. 24 Issue 1, p8 

    The author focuses on several bank regulations being proposed to prevent the repeat of a financial crisis in the future in the U.S. According to the author, a national control of Citigroup and Bank of America and eight other banks are being recommended to solve the financial crisis. The author...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics