Banks bail out insurer as credit crunch bites

Legal Beagles

News

Joined: Aug 2007

Posts: 23047
- Share
- Tweet
#1

Banks bail out insurer as credit crunch bites

28th November 2007, 08:20:AM

The credit crunch continued to take its toll on the financial world yesterday as two French banks were forced to buy out a monoline bond insurer and concerns reverberated about the unprecedented shutdown of the $2.8trn (£1.4trn) covered-bond market.

More...

Tags: bond, business, credit, financial, insurer

Previous Next

LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.

If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.

Banks bail out insurer as credit crunch bites

Banks bail out insurer as credit crunch bites

Announcement

Court Claim ?