It is during this time of economic crisis that European governments are now rushing to rescue the various sectors such as banking, insurance, car manufacturers and other victims of the credit standards. It was announced that a EUR 200 billion stimulus is in the works.
This is certainly a much anticipated after the U.S. “rescue […]

I never do any survey about Australia banks industry, but today I just read one good article from Laura Santini. The article is about Crunch Bounces Around in Australia.
Anyway, here some of the hot contents that I quote from the website:
As the credit storm batters the banking industry in the U.S. and Europe, rumbles of […]

Here is another big news for U.K resident:
THE Bank of England says it is discussing with other central banks how to “ease the strains” in financial markets, although it is not considering requiring taxpayers to assume credit risks.
Britain’s central bank said it was not among the banks that the Financial Times reported were contemplating the […]

Just wanna share with you about one news that maybe shock you.
Yes… it may shock you but please take it seriously. If you are a credit card cardholder, then don’t take this as a normal info because who knows, you will be next victim!
Fraud on credit and debit cards soared to a record high last […]