emergency funds

Swiss Banks Get Emergency Funds to Fight Crisis

NYT > Business  Thu, 10/16/2008 - 00:59

Switzerland’s two largest banks will receive emergency financing from the government and other investors to shore them up against the financial crisis, they said.


 

Wall Street banks addicted to The Fed's emergency funds scheme

Newsvine - business  Wed, 04/09/2008 - 06:22

Fears are mounting that Wall Street banks are relying too heavily on tens of billions of dollars in loans made available by the US Federal Reserve.

Their borrowing levels have rocketed by almost 200 per cent to $38bn (£19bn) a day in just three weeks.


 

Wall Street banks 'hooked on' Fed's emergency funds scheme

Newsvine - business  Wed, 04/09/2008 - 06:22

Fears are mounting that Wall Street banks are relying too heavily on tens of billions of dollars in loans made available by the US Federal Reserve.

Their borrowing levels have rocketed by almost 200 per cent to $38bn (£19bn) a day in just three weeks.