U.K. Banks Plan to Tighten All Lending This Quarter (Update4)
Story date: 2008-01-03 04:56:00
Added on: 2008-01-03 08:00:21
Bloomberg - Banks and securities firms worldwide have announced at least $97 billion of asset writedowns and losses on bad ... of the U.S. subprime mortgage market made banks reluctant to lend to one another and drove up market credit costs, pushing up mortgage ...
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