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British Banks On Edge

published about 4 hours ago
Barclays, Lloyds and RBS sit tight as rumors swirl that the government will buy equity stakes.

Magic Bullet Eludes Lenders

published about 5 hours ago
Rate-cut hopes fail to improve confidence in money markets, where interbank lending remains high.

Oil prices recover above $90 a barrel

published about 7 hours ago
Commodities markets steadied on Tuesday after sharp falls in the previous session amid the ongoing storm sweeping global financial markets

RBS plunges on funding fears

published about 7 hours ago
Shares in Royal Bank of Scotland plunged on reports that it had approached the UK government about a capital injection, wiping out initial gains for UK and European equities after Monday's dizzying sell-off. Australia's rate cut helped sentiment in Asia

A Bank Falls Through Iceland's Cracks

published about 8 hours ago
The small island takes control of Landsbanki to offset a potential catastrophe.