Oct, 22 The price of the oil basket (OPEC) fell to $60 a barrel.
Oct, 17 World oil prices fell below $70 a barrel.
Oct, 6 The capitalization of the world stock exchanges fell by 2.5 trillion dollars.
KBC Group
KBC Group is one of the leading financial groups in Europe. A multi-channel bancassurance group with a geographic focus on Europe, it caters mainly for retail and private banking customers and small and medium-sized enterprises. Besides focusing on providing retail and private bancassurance services, it is also active in asset management, the provision of corporate services and market activities. KBC occupies significant, even leading positions in Belgium and Central and Eastern Europe and has an extensive private banking network operating under the European Private Bankers concept. It has also selectively established a presence in a number of other countries and regions around the world.
Lenders reject five million credit applications - 17.10.2008 Almost 5 million applications from people seeking new credit cards or a personal loan were rejected over the last six months by lenders squeezed by the credit crisis.
Banks want political lead, rate cuts for crisis - 07.10.2008 Western governments and central banks faced demands for coordinated action on Tuesday after Australia responded to the escalating global financial crisis by cutting its interest rates sharply.
Wells Fargo to buy Wachovia for $15.1 billion - 05.10.2008 Wells Fargo said Friday that it would merge with Wachovia - including the troubled Charlotte bank's banking operations - in a $15.1 billion all-stock merger.
KBC Group is one of the leading financial groups in Europe. A multi-channel bancassurance group with a geographic focus on Europe, it caters mainly for retail and private banking customers and small and medium-sized enterprises. Besides focusing on providing retail and private bancassurance services, it is also active in asset management, the provision of corporate services and market activities. KBC occupies significant, even leading positions in Belgium and Central and Eastern Europe and has an extensive private banking network operating under the European Private Bankers concept. It has also selectively established a presence in a number of other countries and regions around the world.
