Global Banking Crisis In The Making

In the past, i would never have believed the possibility of Citibank encountering severe financial crisis let alone on the brink of bankruptcy ... the Great Depression is hurting banks worldwide. Deutsche Bank AG, Germany’s biggest banks, reported a loss of about 4.8 billion euros as it increased provisions for bad debt. Citigroup is selling its best [more...]

Date: 2009-01-14 16:09:00

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