Top BIS banker sees no end to credit crunch fallout
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DAVOS, Switzerland  - There is no end in sight to fallout from the credit squeeze that may trigger a big slowdown in U.S. growth and chill other economies too, a top central banker said on Friday.
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One of the bankers who recently won a court case against Bernie Ecclestone says they have no intention of trying to get rid of him.
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PM names credit crunch as 'our biggest challenge' as he warns country to prepare for turbulence
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Supply of credit has tightened and likely to get worse, Bank of England warns
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Angry lawmakers grilled the Bank of England's governor Thursday about why he failed to prevent a run on deposits at mortgage lender Northern Rock PLC, but the governor countered by blaming the banking industry for creating a credit crisis.
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The head of the International Monetary Fund on Monday warned that an "earthquake" in credit markets may have been so severe the global economy tips into recession, ending a five-year boom.
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Business & money: Bank could step in to tackle fresh inflation fears.
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The company&#39;s chief financial officer said he won&#39;t return until he learns whether the government is planning charges against him.
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HSBC's  private banking business has been little hit by the ongoing credit crisis, the head of the bank's private banking business, Chris Meares, told a Swiss newspaper.
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Turmoil in global credit and money markets will likely continue as investors worry about the size of financial losses and where they might appear, the International Monetary Fund warned on Monday.
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Business & money: Watchdog warns banks that balance sheets will be under extra scrutiny and so they should not try to hide the worst effects of the credit crunch
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Business & money: French desperate to keep bank out of foreign hands
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The Swiss bank won't be the last to announce such a writedown.
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The worst of the banking crisis  resulting from the subprime meltdown is likely to be over in  months rather than quarters, Credit Suisse  Chief  Executive Brady Dougan was quoted as saying on Saturday.
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NEW YORK -- The nation's banks are just beginning to feel the pain of defaults on risky mortgages they made at low introductory rates when housing prices were soaring, Federal Reserve governor Susan Bies said.
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The banking company is holding up in a tough market.
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Bank of England governor admits that the economy might grind to a halt this year