|
Savers Queue for Their Money in Russian Bank Panic
|
| A crisis of confidence in Russia's banking market spread today to one of Russia's largest banks as dozens of customers rushed to retrieve their savings only to find that they had to wait in Soviet-style queues and pay a 10% penalty. |
|
| Updated |
Jul 8, 2004 17:07:07 |
| Rating |
0 | | Author | The Scotsman |
|
|
| Other author's news: | - LLoyds TSB is hit by 7% profits slide - BANKING major Lloyds TSB today posted a seven per cent slide in first-half profits after selling overseas businesses to focus on its core domestic market.
- Rumours return of Clydesdale Bank sale - CLYDESDALE Bank could soon be on the chopping block - or so say analysts at three major investment banks amid rumours circling two big traders of the shares.
- National Express on track with 19% rise - NATIONAL Express, the transport giant which recently lost its bid to operate the new ScotRail franchise, today posted a 19.2 per cent surge in underlying first-half profits and said trading in the second-half was running in line with expectations.
| | Show all author's news |
|