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Recent Articles !
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Crisis as Money Markets Crash
Published : October 06, 2008 | Author : MoneyMan | Unrated |
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 Today has to be one of the worst so far since the credit crunch started to take hold back in September 2007. To say that stock markets around the world are in free fall could be viewed as a slight exaggeration, but it really is only a slight one. Share across Europe, the Far East and the US fell by on average 10 per cent as the markets began to realise that the protection measures suggested, and put in place, by various Governments were having little effect. The system is simply grinding to a halt as companies refuce to get back into the business of making loans.
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Banking Assistance Hots Up
Published : October 03, 2008 | Author : TakeNote | Rating :   |
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 Governments around the world are leaping to the rescue of their biggest finance companies in an attempt to avoid meltdown in the money markets. Regulations that force banks to maintain a certain level of assets is forcing them to hold onto their cash and restrict lendin;, activities that are straggling the world money markets. Confidnce is the key that can unlock the viscious circle and that last thing that Governments want is for the fears held by the banks to spread to the wider population.
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The New face of UK Banks
Published : September 29, 2008 | Author : missmoney | Rating : |
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 All of a sudden the acquisition, merger, nationalisation and closure of firms in the UK finance sector is accelerating. The outcome is sure to result in the new face of banking in the UK. We had already seen acquisitions of some business but this new era is going to be moe fundamental.
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Loan Line shuts down
Published : September 27, 2008 | Author : TakeNote | Rating : |
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| Established loan provider LoanLine has been placed into voluntary liquidation. After many years of successful business i the competitive secured loans marketplace the recent downturn in financial markets has brought unsustainable losses and forced the firm into closure.
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Market adjustments
Published : September 23, 2008 | Author : MoneyMan | Unrated |
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| There almost no doubt that the world's financial markets are experiencing the most dramatic, unsettling and even unpredictable series of events ever seen. With money still in short supply, banks suffering huge losses and Governments around the world trying as much as they can to prevent the markets imploding, only time will show the outcome of these remarkable times.
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Random Pick |
The suprise move by Egg to shutdown the credit card accounts of thousands of customers is rapidly turning into a PR nightmare for the internet bank. |
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308
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