Summary
The Bank of England yesterday joined central banks across the world in launching an unprecedented joint effort to tackle the deepening credit crisis.
The Bank, the US Federal Reserve, the European Central Bank, the Bank of Canada and the Swiss National Bank unveiled a co-ordinated plan to ease an impending New Year freeze in wholesale money markets.See the full content of this document
Extract
Banks Join Forces Over Credit Crisis ; Subject
Each of the banks announced that t...
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