Home > Uncategorized > Exclusive: U.S. banks told to make plans for preventing collapse

Exclusive: U.S. banks told to make plans for preventing collapse


An ATM machine at a Bank of America office is pictured in Burbank, California August 19, 2011. REUTERS/Fred Prouser

http://www.reuters.com/article/2012/08/10/us-banks-recoveryplans-idUSBRE87905N20120810

http://www.business-standard.com/india/news/us-banks-told-to-make-plans-for-preventing-collapse/182455/on

http://www.financialexpress.com/news/us-banks-told-to-make-plans-to-prevent-collapse/986874/

By Rick Rothacker

Fri Aug 10, 2012 8:41am EDT

(Reuters) – U.S. regulators directed five of the country’s biggest banks, including Bank of America Corp and Goldman Sachs Group Inc, to develop plans for staving off collapse if they faced serious problems, emphasizing that the banks could not count on government help.

Advertisements
Categories: Uncategorized
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: