Greater transparency in lending practices necessary for Russian banks to be more competitive internationally
Risk in the banks’ U.S. businesses is increasing
Swiss banks raise capital
Bank of Canada acts to boost market liquidity; U.S. government to buy banking shares
Wells Fargo to proceed with acquisition
Since the onset of the credit crisis market cap has plunged almost US$3 trillion
Major governments are taking aggressive steps to directly shore up bank capital
Curtailment of packaging assets and selling them as securities would require big hike in loan loss reserves at U.S. banks
The bank account offers high interest and tangible consumer value
Morgan Stanley then reaches into an agreement in which 20% of itst equity would be sold to Japan's Mitsubishi UFJ Financial Group Inc.