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Hopes For Rebound Fade Quickly; Inopportune Bank of America (07 Oct)

Credit markets remained clenched-fist tight around the globe Tuesday, defying central banks’ efforts to pump more liquidity into the systems. ...Australia Slashes Rates, Central Banks Inject Cash (Update2) BloombergCentral banks set schedule for new coordinated dollar fund action HürriyetCentral banks offer US$70 billion in ready cash International Herald TribuneReuters - Scotsmanall 557 news articles..

Ahead of the Bell: FDIC mulls bank insurance fees (07 Oct)

AP 10.07.08, 6:07 AM ET The FDIC is considering a plan to increase the fees paid by US banks and thrifts to replenish the deposit insurance fund. ...FDIC working to bolster fund for more bank failures ReutersFDIC head promises no taxpayer cost in borrowing CNNMoney.comBank Failures Expected to Rise in Next Year istockAnalyst.com (press release)Boston Herald - TheStreet.comall 1,170 news articles..

Global central banks set regular dollar auctions: Fed (07 Oct)

By Greg Robb WASHINGTON (MarketWatch) -- Global central banks have set a schedule for dollar liquidity auctions that will take place every two weeks through ...Fed will lend directly to companies International Herald TribuneOvernight Commercial Paper Rates Rise as Bank Bailouts Spread BloombergFed to buy massive amounts of short-term debt The Associated PressMarketWatch - MarketWatchall 1,238 news articles..

Germany May Link Aid for Banks to Management Changes (Update2) (07 Oct)

By Rainer Buergin and Brian Parkin Oct. 7 (Bloomberg) -- The German government may demand management changes when providing state aid to troubled banks as ...Video: Wall St.'s worst week in 7 years ReutersVideoEurope Races to Shore Up Banks as Crisis Spreads Wall Street JournalRescued German Bank Chief Resigns Sky Newsguardian.co.uk - Bloombergall 2,009 news articles..

EU to restore confidence to bank savers (07 Oct)

European Union finance ministers have agreed to increase the guarantee for customers' bank savings accounts to at least 50000 euros ($68250). ...Banks' most pressing problem BBC NewsStock markets around globe plunge as bank woes deepen Los Angeles TimesEurozone finance ministers vow to protect big banks XinhuaAFP - Sydney Morning Heraldall 713 news articles..

Asian central banks offer mixed policy decisions (07 Oct)

While the Reserve Bank of Australia cheered regional markets Tuesday by lowering its main rate by a whopping 1 percentage point, the Bank of Japan kept ...Japan to tell US banks need capital injection -Jiji ReutersAustralia drops interest rates as Asia seeks shelter from ... International Herald TribuneBank of Japan plays down coordinated rate cut talk Reutersall 247 news articles..