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China asks local lenders not to lend to U.S. banks
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Topic: China asks local lenders not to lend to U.S. banks (Read 296 times)
Bindare_Dundat
Getbig V
Posts: 12227
KILL CENTRAL BANKS, BUY BITCOIN.
China asks local lenders not to lend to U.S. banks
«
on:
September 24, 2008, 10:30:19 PM »
HONG KONG (MarketWatch) -- Chinese regulators have asked domestic banks to stop lending to U.S. financial institutions in the interbank money markets to prevent possible losses during the financial crisis, the South China Morning Post reported Thursday. The China Banking Regulatory Commission's ban on interbank lending of all currencies applied to U.S. banks, but not to lenders from other countries, the report added, citing a source.
http://www.marketwatch.com/news/story/china-asks-local-lenders-not/story.aspx?guid={389CCD2E-9D08-4A8B-A512-F1B3E0B0BE19}&dist=hplatest
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China asks local lenders not to lend to U.S. banks