Post by jackh on Oct 7, 2008 15:37:46 GMT 1
Thought you ought to know the latest banking news:
Following the problems with Lehmann Bros, in the sub-prime lending market
in America and the run on Northern Rock,
HBOS and Bradford & Bingley in the UK, uncertainty has now hit Japan.
In the last 7 days Origami Bank has folded, Sumo Bank has gone belly up and
Bonsai Bank announced plans to cut some of
its branches.
Yesterday, it was announced that Karaoke Bank is up for sale and will
likely go for a song, while today shares in
Kamikaze Bank were suspended after they nose-dived.
While Samurai Bank is soldiering on following sharp cutbacks, Ninja Bank is
reported to have taken a hit, but they
remain in the black.
Furthermore, 500 staff at Karate Bank got the chop and analysts report that
there is something fishy going on at Sushi
Bank where it is feared that staff may get a raw deal.
Following the problems with Lehmann Bros, in the sub-prime lending market
in America and the run on Northern Rock,
HBOS and Bradford & Bingley in the UK, uncertainty has now hit Japan.
In the last 7 days Origami Bank has folded, Sumo Bank has gone belly up and
Bonsai Bank announced plans to cut some of
its branches.
Yesterday, it was announced that Karaoke Bank is up for sale and will
likely go for a song, while today shares in
Kamikaze Bank were suspended after they nose-dived.
While Samurai Bank is soldiering on following sharp cutbacks, Ninja Bank is
reported to have taken a hit, but they
remain in the black.
Furthermore, 500 staff at Karate Bank got the chop and analysts report that
there is something fishy going on at Sushi
Bank where it is feared that staff may get a raw deal.
