Report title: UK/US: Risks facing thrifts are underestimated
from Oxford Analytica
1280 word report published May 18, 2009

Price $150.00 available for immediate download
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Abstract: There is a popular perception in the United Kingdom and the United States that savings banks ('building societies' or 'thrifts') will emerge relatively unscathed from the financial crisis, because most have little or no exposure to the most problematic asset-backed securities. However, the sector still faces huge challenges in both countries, due to collapsing housing prices.

Brief Excerpt: UK/US: Building societiesUK/US: Risks facing thrifts are underestimated The West Bromwich building society today denied that it was in rescue talks with UK financial regulators. There is a popular perception in the United Kingdom...

Source: Oxford Analytica
Country / Region: EUR, WE, United Kingdom, United States
Topic: economy, industry, banking, consumer, debt, finance, property, welfare
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GEOGRAPHIC REGIONS : EUR, WE, United Kingdom, United States
 
TOPICS : economy, industry, banking, consumer, debt, finance, property, welfare
 
SIGNIFICANCE : There is a popular perception in the United Kingdom and the United States that savings banks ('building societies' or 'thrifts') will emerge relatively unscathed from the financial crisis, because most have little or no exposure to the most problematic asset-backed securities. However, the sector still faces huge challenges in both countries, due to collapsing housing price 

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Price: $150.00



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