Global Financial Crisis: UK and Spain move to protect their banks; US financial stocks slump to lowest level since 1997 - Bank of America tumbles 26%
Oct 8th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Global Financial Crisis: The UK and Spain have moved to protect their banks as the European Union member countries continue to struggle to agree a coordinated response to the biggest international crisis since the 1930's. Meanwhile, US financial stocks slumped to their lowest level since 1997 on Tuesday.