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Bradford & Bingley was bought by the UK government and will take control of the bank's £50bn mortgages and loans, while B&B's £20bn savings unit and branches will be sold to the Santander Group- Wachovia, the fourth-largest US bank, was bought by larger rival Citigroup in a rescue deal backed by US authorities
- Benelux banking giant Fortis was partially nationalised by the Dutch, Belgian and Luxembourg governments to ensure its survival
- The Icelandic government took control of the country's third-largest bank, Glitnir, after the company had faced short-term funding problems
Tuesday, September 30, 2008
Monday's List of Casualties
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