AntiCitizenOne has alerted me to a US Federal Reserve letter dated October 11, permitting certain financial adjustments within the Barclays banking system. These could amount to as much as $20 billion.
Similar permissions have recently been granted to Citigroup, JPMorgan Chase, Bank of America and Deutsche Bank (see page 3).
Any comments?
UPDATE
Now RBS also, for up to $10 billion! (Thanks again to AntiCitizenOne for the alert.)
Showing posts with label RBS. Show all posts
Showing posts with label RBS. Show all posts
Thursday, October 18, 2007
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