Another bank has succumbed to the world financial crisis.
British bank Lloyds announced the takeover of troubled mortgage lender HBOS in a Merged banks' names cybersquatted ...
Japanese fishermen protest high fuel prices ... deal valued at more than 12 billion pounds, or 15.5 billion euros. The British government is expected to approve the deal to ensure what it said was the stability of the UK financial system. Meanwhile, Asian stock markets have continued the global slide. Most major bourses have taken losses of two percent or more. In Tokyo, the Bank of Japan injected another 1.5 trillion yen into money markets to help buoy turbulent share trading.
(Deutsche Welle)
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