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.
Credit Agricole
Credit Agricole - the first banking group in France. Credit Agricole is the largest high-street banking group in France. With the acquisition of Credit Lyonnais (now LCL) in 2003, the Group strengthened its positions in all its business lines. Key qualities: A mutual banking group High-street presence Global reach.
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.
Credit Agricole - the first banking group in France. Credit Agricole is the largest high-street banking group in France. With the acquisition of Credit Lyonnais (now LCL) in 2003, the Group strengthened its positions in all its business lines. Key qualities: A mutual banking group High-street presence Global reach.
