UNITED STATES: Regional banks may still need rescue - Oxford Analytica

Report title: UNITED STATES: Regional banks may still need rescue

from Oxford Analytica
1298 word report published Aug 18, 2008

Price $150.00 available for immediate download

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Abstract:

Well-capitalised foreign banks are beginning to pick up the choicest parts of the distressed US banking sector. However, recent regional bank failures suggest that a more widespread federal bailout of the banking sector may be necessary as the credit crisis continues to run its course.

Brief Excerpt:

UNITED STATES: Regional bank rescues?UNITED STATES: Regional banks may still need rescue Japan's Mitsubishi UFJ Financial Group is today on the verge of buying out the remaining minority shareholders in UnionBanCal Corporation, a...

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Oxford Analytica

Country / Region:

NA, United States, International

Topic:

economy, industry, banking, debt, finance, government, legislation, prices, property, regional, regulation, politics, election, party

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GEOGRAPHIC REGIONS : NA, United States, International

TOPICS : economy, industry, banking, debt, finance, government, legislation, prices, property, regional, regulation, politics, election, party

SIGNIFICANCE : Well-capitalised foreign banks are beginning to pick up the choicest parts of the distressed US banking sector. However, recent regional bank failures suggest that a more widespread federal bailout of the banking sector may be necessary as the credit crisis continues to run its course

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