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.
Banca Unione di Credito
Banca Unione di Credito is a full service bank, that specialises in private banking. BSI Group acquired Banca Unione di Credito in 2006. It offers financial products and services, such as lombard loans, mortgage loans, building loans, financing investment assets, financing working capital, advances on invoices, advances on contracts and orders, marine loans, lines of credit for forward exchange and derivative operations, and lines of credit and structural financing. The company also provides trade finance, such as documentary credits, silent confirmation, export receivable financing, advances for raw materials in transit and in warehouses, guarantees, and documentary collection.
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.
