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Asian shares fall, Treasuries up on U.S. auto news
HONG KONG (Reuters) - Asian shares and U.S. stock futures slumped on Monday, while safe-haven U.S. Treasuries gained after the Obama administration's autos task force rejected turnaround plans for troubled automakers GM and Chrysler.
Reuters Monday, March 30, 2009

Regulators see new role for Fannie, Freddie: report
(Reuters) - The regulator of U.S. government-controlled Fannie Mae and Freddie Mac is looking at ways the two firms might help finance small mortgage banks hobbled by a dearth of credit, the Wall Street Journal reported.
Reuters Monday, March 30, 2009

Scottish Widows bucks the gloomy banking trend
SCOTTISH Widows Bank has defied gloom in the banking sector to reveal a 10 per cent increase in profits to £33.6 million for 2008.
Scotsman Monday, March 30, 2009

Scotland 'must have key role in financial sector'
SCOTLAND should play a major role in any future regeneration of the UK's financial services industry, a top accountancy firm has urged, as new figures revealed that jobs
Scotsman Monday, March 30, 2009

Glasgow sets the standard as Tesco set to open 30 banks
A TESCO-run bank in Glasgow is set to become the model for bank branches in 30 of the supermarket giant's stores across the UK.
Scotsman Monday, March 30, 2009

White House: GM, Chrysler Not Viable
The White House says neither General Motors nor Chrysler submitted acceptable plans to receive more bailout money, setting the stage for a crisis in Detroit and putting in motion what could be the final two months of two American auto giants.
CBS News Monday, March 30, 2009

GM Chief to Resign at White House's Behest
The Obama administration has forced the longtime head of General Motors to resign and said yesterday that it would withhold additional federal aid to the auto industry unless the ailing companies undertake changes they so far have been unwilling or unable to make.
Washington Post Monday, March 30, 2009

In a Down Time Everywhere Else, K Street Bustles
Last month, just before Valentine's Day, business at Holland & Knight was so slow that the law firm laid off more than 240 lawyers and staff, victims of the economic downturn that has dented Washington's reputation for being recession-proof.
Washington Post Monday, March 30, 2009

With This Week's Data, Time for a Reality Check
The economic data lately have offered hopes, hints and insinuations that better times could lie ahead. This week, we start to see whether it's for real.
Washington Post Monday, March 30, 2009

U.S. stock futures extend losses as Europe shares sag
PARIS (Reuters) - U.S. stock index futures on Monday extended losses triggered by Washington's rejection of viability plans from General Motors and Chrysler.
Reuters Monday, March 30, 2009

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