Fred the Shred and his love for a deal

[Legal Beagles]

Sean O'Grady: How the Bank became a pawnbroker

At £50bn, and possibly much more, the scale and ambition of the Bank of England's intervention is unprecedented.


More...

[Legal Beagles]

Abbey raises rates after Bank's £50bn bail-out

Darling to meet big lenders in move to break deadlock

More...

[Legal Beagles]

Goodwin begins selling painful choices to RBS shareholders

UK's second largest bank finalises write-downs of up to £6bn caused by credit crunch

More...

[Legal Beagles]

FAQ: Bonds for bills

Implications for Bank of England's plan to bail out banking sector

More...

[Legal Beagles]

Bank governor insists bail-out will not be a bottomless pit

Mervyn King launches Bank of England's biggest attempt to end Britain's nine-month credit crunch

More...

[Legal Beagles]

Deal will steady lenders' nerves but not ease cost of home loans for a while

Home loan costs will continue to rise despite £50bn Bank of England bail-out

More...

[Legal Beagles]

Geoff Mulgan and Will Hutton: This is no bankers' bet

Geoff Mulgan and Will Hutton: UK financial institutions have to acknowledge that responsibilities come with state funds

More...

[Legal Beagles]

$6bn fund to cover bad debts at Bank of America

US homeowners with second mortgages, housebuilders and small business owners are among those now defaulting on loans in increasing numbers, the nation's largest retail bank warned yesterday.


More...

[Legal Beagles]

Bank bail-out loans set to total £100bn before credit crisis ends

Britain's biggest banks believe the Bank of England's emergency lending scheme will eventually have to pay out at least £100bn, or double the £50bn aid package initially proposed, sources said last night.


More...

[Legal Beagles]

King vows taxpayers won't foot bill

Bank of England to pump £50bn into ailing financial system

More...

[Legal Beagles]

Banks must help hard-hit families who fall behind with their mortgages, warns Darling

The Chancellor today tried to avert a repossessions crisis by telling banks to do more to aid struggling homeowners. Alistair Darling and Housing Minister Caroline Flint called on the major lenders to give more time to families who fall behind with their mortgages

More...

[Legal Beagles]

Darling meets mortgage lenders

Banks say they will work with government to minimise repossessions as homeowners are hit by end of cheap fixed-term loans

More...

[Amethyst]

Re: Banks must help hard-hit families who fall behind with their mortgages, warns Dar


lol

[Legal Beagles]

Will Barclays and HBOS have to tap up investors next?

Banks expected to tell the City within days whether they need to bolster their financial position

More...

[Legal Beagles]

We're not in financial trouble, lender tells shareholders

Bank seeks to reassure investors that it is on a sound financial footing, despite problems in wholesale debt markets

More...