Thursday, November 27, 2008

Deposit Insurance: UK May Increase Coverage

From Bloomberg: UK May Insure 100000 Pounds of Depositor Funds (hat tip FFDIC) The UK government may guarantee as much as 100000 pounds ($202000) of people's bank deposits as it seeks to avoid a repeat of the run on Northern Rock Plc, ...

calculatedrisk.blogspot.com/2007/09/deposit-insurance-uk-may-increase.html