1. The plan will first put collapsed banks under government administration, protecting creditworthy borrowers left in the lurch by the failed bank, while a merger partner is sought. 2. Then the collapsed bank either will be acquired or will be nationalized with public money, sending the bad debts to an agency established to collect bad loans. 3. Baring Securities in Singapore, a part of the collapsed British bank, is expected to be bought early next week, a company source said Thursday. 4. Meanwhile, a source said Baring Securities Singapore, a part of the collapsed British bank, is expected to be bought early next week. 5. SINGAPORE -- Baring Securities in Singapore, a part of the collapsed British bank, is expected to be bought early next week, a company source says Thursday. 6. Thousands of tons of stone have been dumped into the river to reinforce collapsed banks in Pengze County. 7. Inspectors appointed by the Singapore government called Tuesday for the liquidation of the suspended futures arm of the collapsed British merchant bank Baring plc. 8. The Taipei-based Core Pacific financial group is seeking to buy the collapsed British merchant bank Barings plc, press reports in Taiwan said Saturday. 9. The Singapore units of collapsed British merchant bank Barings remained at a standstill on Thursday with no indication of when they might resume operations, officials said. 10. Prime Minister Junichiro Koizumi on Saturday urged the public not to panic over an imminent end to unlimited government-guaranteed repayments of deposits at collapsed banks. |