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...
Top court overturns suspected terrorist asset freeze
Yahoo Daily News
Yahoo Daily News
LONDON (AFP) – The Supreme Court Wednesday overturned an assets freeze on suspected terrorists, which was introduced in line with UN Security Council resolutions. After a long legal battle, the Supreme Court in...
Supreme Court overturns Government's 'unfair' power to freeze assets of terror suspects
The Daily Mail
The Daily Mail
Bank of England chief welcomes Obama's bank plan
The Boston Globe
The Boston Globe
LONDON-The Bank of England's governor on Tuesday welcomed U.S. President Barack Obama's proposals to shake up the banking sector, but cautioned against imposing capital requirements that would constrict lending....




