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.
Rabobank
Rabobank is a Dutch cooperative banking institution with offices all over the world, although primarily in the Netherlands. The Rabobank is traditionally a farmers' bank. It is not surprising to learn that they still hold an 85%-90% marketshare in the agrarian sector in The Netherlands. Throughout the years the company also started targeting other sectors of Small and Medium Sized companies. By mid 1970s the marketshare in this sector reached some 30% and currently amounts to approximately 40%. In 1987 an important milestone was reached; the total outstanding loans in sectors other than agriculture exceeded those in the agricultural sector for the first time.
Lenders reject five million credit applications - 17.10.2008 Almost 5 million applications from people seeking new credit cards or a personal loan were rejected over the last six months by lenders squeezed by the credit crisis.
Banks want political lead, rate cuts for crisis - 07.10.2008 Western governments and central banks faced demands for coordinated action on Tuesday after Australia responded to the escalating global financial crisis by cutting its interest rates sharply.
Wells Fargo to buy Wachovia for $15.1 billion - 05.10.2008 Wells Fargo said Friday that it would merge with Wachovia - including the troubled Charlotte bank's banking operations - in a $15.1 billion all-stock merger.
