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Banking

WireTap 1400 19/12/11

A round-up of the key stories across the specialist financial media, including news that EU leaders are seeking to boost the IMF's lending power.


Eurozone to pursue IMF lending plan

Eurozone finance ministers will pursue plans today to strengthen the IMF's lending facilities.

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Saab automobile files for bankruptcy

Swedish carmaker Saab has declared bankruptcy, nine months after production was halted due to lack of funds.

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Osborne to pledge U.K. bank legislation by 2015

The Chancellor of the Exchequer will today pledge to pass laws by 2015 to force banks to separate investment and consumer businesses, giving full backing to the Vickers Report.

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RBS said to consider closure of equities business, job losses

RBS may close its equities unit as the lender aims to shrink its investment bank.

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Spanish bad loans jump to 17-Year high

Spanish banks reported more bad loans in October, coupled with reduced lending and deposits.

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AT&T talks to sell T-Mobile assets go cold

Talks on asset sales planned to help AT&T win approval for acquisition of T-Mobile are faltering, threatening the $39 billion deal.

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