More info...
Emergency loans to Royal Bank of Scotland (RBS) and HBOS peaked at 61.6 billion at the height of the financial crisis, the Bank of England said today.

Earnings rise in U.S. banking industry, but bad assets could push them back down (Los Angeles Times)

The FDIC says net income grew $2.8 billion in the third quarter, but end-of-the-year writedowns could cause it to drop in the fourth quarter. The number of troubled banks -- 552 -- is at a 16-year hig The financial health of the U.S. banking industry improved slightly during the third quarter, with commercial banks and savings and loans posting net income of $2.8 billion. But the sector remains ...

(AFX UK Focus) 2009-11-24 13:03 UPDATE 1-BMO profit up 16 percent as loan losses ease (Interactive Investor)

TORONTO, Nov 24 (Reuters) - Bank of Montreal said on Tuesday that quarterly profit rose 16 percent as it set aside less money for bad loans. Canada's fourth-largest bank reported net income of C$647 million ($610 million), or C$1.11 a share, for the fourth quarter ended Oct. 31, up from C$560 million, or C$1.06 a share, a year earlier. The amount the bank set aside to cover bad loans fell to C ...

China warns banks against risky lending (Business Times (Malaysia))

BEIJING: China has issued a rare warning that it will impose curbs on banks unless they beef up their defences against bad loans as Beijing tries to put the brakes on a massive lending spree. Banks that fail to comply will face "restrictions on market access, overseas investment, and outlets and business expansion," the China Banking Regulatory Commission (CBRC) said in a statement posted on its ...

Bank of England gave RBS and HBOS 61.6bn in 'secret' loans at height of credit crisis (Daily Mail)

The Bank revealed for the first time the details of its Emergency Liquidity Assistance (ELA) to both banks in a submission to the Treasury Select Committee.