Jeremy Warner's Outlook: After Citi bail-out, what about UK banks?

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Jeremy Warner's Outlook: After Citi bail-out, what about UK banks?

16th January 2008, 01:30:AM

It doesn't seem to be getting any better for America's beleaguered banks, with both Citigroup and Merrill Lynch yesterday announcing fresh injections of capital from the Middle East and Asia to shore up balance sheets damaged by the meltdown in mortgage-backed securities.

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Tags: business, capital, citigroup, mortgage, securities

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Jeremy Warner's Outlook: After Citi bail-out, what about UK banks?

Jeremy Warner's Outlook: After Citi bail-out, what about UK banks?

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