Report title: UNITED STATES: Regional banks may still need rescue
from Oxford Analytica
1298 word report published Aug 18, 2008

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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...

Source: 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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 Oxford Analytica
Founded in 1975, Oxford Analytica is an international consulting firm which provides business and political leaders with timely analysis of worldwide political, economic and social developments.
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