Wall Street bankers in line for $70bn payout | Business | The Guardian:Financial workers at Wall Street's top banks are to receive pay deals worth more than $70bn (£40bn), a substantial proportion of which is expected to be paid in discretionary bonuses, for their work so far this year - despite plunging the global financial system into its worst ( Read more... )

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China banks told to halt lending to US banks-SCMP | Markets | Markets News | Reuters:BEIJING, Sept 25 (Reuters) - Chinese regulators have told domestic banks to stop interbank lending to U.S. financial institutions to prevent possible losses during the financial crisis, the South China Morning Post reported on Thursday ( Read more... )