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Banks' Borrowing Rates Climb

By Jim O'Neill, Newser User

Posted Nov 16, 2007 1:57 PM CST

(Newser) – Financial institutions are paying more to borrow money than the average company for the first time in over a decade, reports Bloomberg, as investors fear the $50 billion in subprime losses the big banks have reported so far is just the tip of the iceberg.... Read full story »

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Banks' Borrowing Rates Climb

subprime mortgages • bank • corporate credit

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More Newser Stories

UK To Introduce Sweeping Bank Reforms

Darling announces regulatory shift after Northern Rock fiasco

Fed Shaves Half- Point Off Discount Rate

Surprise cut boosts futures trading and Euro markets

Smaller Lenders Feel the Credit Squeeze

Boutique banks on the edge as liquidity crisis wears on

BNP Paribas Halts Fund Withdrawals

France’s biggest bank can’t value holdings after credit collapse

Battered Bear Tries to Act Bullish

Wall Street's anxieties force Bear Stearns to make major changes

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