UK government bank bail-out: damned if they do, damned if they don't

March 2009
MarketWatch: Global Round-up;Mar2009, Vol. 8 Issue 3, p156
Market Research Report
Market Research Report
The article reports on the second bail-out plan of the British government for the banking industry. The plan allows the banks to convert the government's preferred stocks into ordinary stocks with 12 percent premium. It expresses that the plan is better than the government's first bail-out program and will likely achieve its objectives.


Related Articles

  • Rally in bank stocks raises appeal of convertible preferred. Matthews, Gordon // American Banker;4/28/1994, Vol. 159 Issue 81, p24 

    Reports on the impact of the increase in bank stocks on investor appeal of banks' convertible preferred stock. Reasons for the appeal of convertibles to some investors; Key valuation yardsticks for the issues; Concept of conversion premium; Barnett Bank's issue of convertible preferred class c...

  • Payouts: What Goes Down Won't Go Back Up Quickly. Davis, Paul // American Banker;2/2/2009, Vol. 174 Issue 21, p1 

    The article reports that banks which received funds from the U.S. Troubled Asset Relief Program (TARP) bailout will not likely be able to increase stock dividends once the financial crisis eases. Many of these banks cut dividends in 2008 to cope with the crisis. Terms of TARP forbid them to...

  • Will Government Give up Ownership in the Banks? Jeffrey, Terence P. // Human Events;11/3/2008, Vol. 64 Issue 38, p9 

    The author considers the potential unintended consequences of the action being taken by the U.S. government to purchase $250 billion worth of shares in U.S. banks. One possibility he cited is that government holds the banks indefinitely. He explains that the language controlling what the...

  • Analysing contagion and bailout effects with copulae. WeiƟ, Gregor // Journal of Economics & Finance;Jan2012, Vol. 36 Issue 1, p1 

    In this paper, a new methodical framework that combines elements of event studies and copula methodology is proposed in the context of the analysis of bank contagion. Furthermore, to the best knowledge of the author, this paper is the first one to analyse changes in the dependence structure of...

  • First BanCorp in Puerto Rico Begins $63M Exchange Offer. Cumming, Chris // American Banker;2/19/2013, Vol. 178 Issue 26, p4 

    The article mentions First BanCorp in San Juan, Puerto Rico is issuing 10 million shares of common stock that will be used in an exchange for outstanding preferred stock, noting the offering will close on March 18, 2013. The $63 million stock conversion is the bank holding company's attempt to...

  • Govt closes Credit Guarantee Scheme. dale, samuel // Mortgage Strategy;11/ 5/2012, p6 

    The article reports on the closure of the Credit guarantee Scheme by Great Britain's government after its launch more than four year ago as part of a state bailout of the banking system.

  • Bailed-out banks are a liability. Eustice, George // PRWeek (London);2/3/2012, p13 

    The author argues that banks that have been bailed out by the British Labour government are a liability.

  • How Have Banks Managed to Repay the Bailout? MACEWAN, ARTHUR // Dollars & Sense;May/Jun2012, Issue 300, p26 

    The article presents questions and answers related to banking including how the bailout was repaid by banks.

  • Saudi Arabia and UAE move to ease interbank lending rates. Martin, Matthew // MEED: Middle East Economic Digest;10/24/2008, Vol. 52 Issue 43, p16 

    The article reports on the $24 billion rescue package with local banks in a bid to cut soaring interbank lending rates in Riyadh, Saudi Arabia and Abu Dhabi, United Arab Emirates (UAE). It states that the UAE's Finance Ministry is distributing $19 billion among domestic banks, with the amount...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics