PAN PYLAS The Associated Press LONDON - The financial crisis has raised questions about the solvency of Britain's banks that may lead the Bank of England to buy up assets from them within "weeks, not months," the central bank's governor, Mervyn King, said Tuesday. In the text of a speech to be delivered in Nottingham, England, King said the scale of the risks financial institutions indulged in over the past decade has become "painfully apparent" and that questions about the "adequacy of liquidity have turned into questions about solvency." Concerns about the future of Britain's banks have...
UK court freezes assets of Tannenbaum attorney
Business Report
Business Report
By Roy Cokayne The worldwide assets of attorney Dean Rees, who secured financing for the Ponzi-type investment scheme of Barry Tannenbaum, have been frozen by a UK court. This follows an application brought by Barwa Real...
Valad hands some European assets to Bank of Scotland
The Australian
The Australian
IT was a $2 billion deal done at the height of the boom that promised to make Valad Property Group a serious contender among the country's real estate investment trusts. Yesterday, however, Valad announced it had handed...
Mellon Transition Management Predicts Record Number of Asset Managers To Be Replaced in Second Half ...
Canada Newswire
Canada Newswire
UK Freezes $100 Million Stanford-Linked Assets
CNBC
CNBC
Britain's Serious Fraud Office (SFO) froze over $100 million of assets linked to Allen Stanford, the US financier accused of a massive fraud. RELATED LINKS Current DateTime: 03:02:00 30 Jun 2009 LinksList Documentid:...

