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USA UK and Malta News
19/10/2008 - 20:44

UK Today Editoweb 19 october 2008

Dutch government to inject cash into ING - US house prices face long fall to bottom: analysts - ING agrees to strengthen core capital.



Dutch government to inject cash into ING

The Dutch government announced Sunday that it would inject money into ING, one of the world's 20 biggest banks.

US house prices face long fall to bottom: analysts

The falling US housing market, the trigger for the global financial crisis, is still far from reaching the bottom, promising more pain for consumers and more bad debt for banks, analysts say.

ING agrees to strengthen core capital

Dutch financial group ING has agreed to strengthen its core capital under an agreement with the Dutch finance ministry and the central bank, they said on Sunday.

Summits to attack finance crisis as South Korea shores up banks

World leaders lined up a series of summits on reforming global finance as South Korea on Sunday became the latest country to shore up troubled banks.

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