2008 global financial crisis News

deutsche bank agrees to 72bn settlement with ud dept of justice

Deutsche Bank agrees to $7.2bn settlement with US Dept. of Justice

Economy Himanshu Gill - Dec 23, 2016

Germany's Deutsche Bank has agreed to a $7.2bn settlement with the US authorities over its sale and pooling of toxic mortgage securities before the 2008 financial crisis.

lloyds bank buys mbna credit card firm for £ 19bn

Lloyds Bank buys MBNA credit card firm for £1.9bn

Market Himanshu Gill - Dec 21, 2016

British bank Lloyds is set to buy Bank of America’s UK credit card division MBNA for 1.9 billion pounds ($2.4 billion), in the UK’s first acquisition since the 2008 global financial crisis

philippine currency drops to 50 peso per dollar

Philippine Currency Drops to 50 Peso per Dollar

Economy Pavan Pandey - Nov 30, 2016

Thursday, the currency of the Southeast Asian country, Philippines, touched 50 to the US dollar for the first time in eight years. It is recorded as the biggest annual loss since the year 2013. Accord

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