Nationalization

RECENT NEWS
Business Standard  Nov 10  Comment 
The Regional Rural Banks (RRBs) in Orissa, in association with the nationalized banks sponsoring them, have prepared the road map for implementation of 100 per cent Core Banking Solutions (CBS) before the stipulated time period fixed by the...
MarketWatch  Nov 4  Comment 
Nationalized U.K. mortgage lender Nothern Rock said Wednesday that its financial performance improved in the third quarter on both an underlying and statutory basis, reflecting higher net interest income, good cost control and lower loan-loss...
naked capitalism  Oct 29  Comment 
By Edward Harrison of Credit Writedowns Yves is going to be in a light posting mode, so I will be posting some links and a few posts for your reading pleasure. The first one is an update to some thoughts that Yves had on GMAC on the 27th. By...
New York Times  Oct 26  Comment 
The Royal Bank of Scotland, the nationalized British lender, is planning to scale back its involvement in the government's asset protection scheme, media reports said on Saturday.
Clusterstock  Oct 19  Comment 
Citi's latest reason to be free of U.S. government ownership is that it could be forced to sell off one of its most profitable businesses. In Mexico the pressure is on, where it's illegal for a foreign government to own a domestic bank. Citi's...
LOLFed  Oct 14  Comment 
Hugo Chavez is fast becoming a hotel baron. He nationalized a Hilton in Caracas a few years ago, rechristened it the Hotel Alba, and recently spent some time at another Hilton on the island of Margarita, which he decided he liked so much he'd add...
Canada.com  Oct 13  Comment 
ABN AMRO, which was nationalized last fall, and Royal Philips have designed a wristband that shows the intensity of an investor’s feelings during a trade by measuring transpiration, or how much they sweat
The Economist  Oct 6  Comment 
Right or wrong, bank rescues provide lessons for the next crisis ONE of the interesting effects of the publication of the long Ryan Lizza profile of Larry Summers has been the blogosphere's effort to, as Noam...
Bloomberg  Oct 4  Comment 
Britain’s Serious Fraud Office and the City of London Police are investigating transactions involving Anglo Irish Bank Corp. Ltd., the Sunday Business Post reported without saying where it obtained the information.
Clusterstock  Oct 1  Comment 
This is very promising news for all the executives of banks who you thought would never work again. Adam Applegarth, the former CEO of Britsh bank Northern Rock (one of the very first major firms to be nationalized, anywhere) has landed a job at...
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