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Doubts over Brown`s toxic debt plan
Economists at World Economic Forum at Davos at odds over whether state-backed bad bank would prove effective
The Australian

Stock plan for Lehman creditors
Creditors of the us bank could be paid in stock in two new companies rather than cash, under a plan being considered by the company managing the liquidation
FT.com

ABN in talks with RBS on buying back arms
The nationalised Dutch bank has held talks on buying back some of its former businesses but the Dutch government said it has no desire to recreate the banking group as it was before it was taken over in 2007
FT.com

Bad Bank`s Winners and Losers
A 'bad bank' plan may force some banks to recognize big losses offloading assets at prices below the valuations on their balance sheets.
Wall Street Journal

Obama to unveil TARP rules first, then bank plan: source
WASHINGTON (Reuters) - The Obama administration is expected to first unveil rules for banks receiving U.S. government help, including clarifications on lending and restrictions on executive compensation, a source with knowledge of the government's thinking said on Sunday.
Reuters

Australia Falls; Japan`s Banks Hit
Asian stock markets fell, with Australia's index slipping 1% after the government said the budget was headed for a deficit.
Wall Street Journal

Low Rates, Economy Crimp CME Futures
The owner of the Chicago Mercantile Exchange is suffering as the credit crunch and unprecedented interest-rate environment crimps trading by banks and hedge funds.
WSJ.com

Stock markets may slide, banks may fold, but gold keeps its shine for wary investors
Gold investors now hold more of the precious metal than either Japan or Switzerland as volatility in the financial markets has prompted a flight to safety. Exchange Traded Funds (ETFs), which all...
Big News Network

World Bank Agency Finds Its Africa Projects Are Lagging
An internal evaluation of the International Finance Corporation, the World Bank Group's private-sector arm, found that projects in Africa had performed below average.
New York Times

Experts say big banks should go
Authorities on banks and home finance in the US have claimed the biggest US-based banks remain in poor shape despite injections of hundreds of billions of dollars in taxpayer money.
Big News Network

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