foreign banks

U.S. Federal Reserve Chairman Ben S. Bernanke ’s two-year fight to shield crisis-squeezed banks from the stigma of revealing their public loans protected a lender to local governments in Belgium, a Japanese fishing-cooperative financier and a company part-owned by the Central Bank of Libya.

The United Arab Emirates central bank said it stood behind domestic and foreign banks operating in Dubai after a recent announcement about Dubai World’s debt.

The United Arab Emirates’ central bank said it would stand behind local and foreign banks operating there.

After a year of tumult on Wall Street, overseas banks are coming in for cheap assets, solid talent and the possibility of raising their profiles on a global scale.