Oct, 22 The price of the oil basket (OPEC) fell to $60 a barrel.
Oct, 17 World oil prices fell below $70 a barrel.
Oct, 6 The capitalization of the world stock exchanges fell by 2.5 trillion dollars.
Bank of the West
Bank of the West is a high-performance, full service regional financial services company. The bank now serves over 3 million households and businesses in hundreds of communities in 19 Western and Midwestern states. Bank of the West is a subsidiary of BancWest Corporation, a holding company that also owns $11 billion-asset First Hawaiian Bank. The bank's development has been sustained through a strong focus on a superior level of customer service, promoted with Bank of the West's bear brand. Bank of the West operates distinct units to provide a range of superior deposit, credit and investment products and services - Commercial Banking and Regional Banking, which includes Consumer Finance.
Repartition of the Global Banking System is inevitable - 05.12.2008 The financial crisis continues to storm in the global markets. This time the main victim of crisis is a banking system developed and developing countries. And experts notice, that the global banking system will undergo huge changes by 2012.
US government puts up $300bn in Citigroup rescue - 25.11.2008 The US government pulled Citigroup back from the abyss yesterday with a comprehensive bail-out that saw taxpayers guaranteeing $306bn of risky assets and injecting $20bn of capital into the banking group.
HSBC cuts 450 jobs in Hong Kong - 18.11.2008 HSBC was laying off 500 people in Asia, 90 percent of them in Hong Kong, in a further indication that the Asian financial community, so far relatively unscathed by mass layoffs seen on Wall Street, is being affected by the global financial crisis.
