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	<title>Global Crisis News &#187; bank</title>
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		<title>Citigroup loses $8.3 billion</title>
		<link>http://www.globalcrisisnews.com/business/citigroup-loses-83-billion/id=208/</link>
		<comments>http://www.globalcrisisnews.com/business/citigroup-loses-83-billion/id=208/#comments</comments>
		<pubDate>Sun, 18 Jan 2009 14:43:04 +0000</pubDate>
		<dc:creator>GlobalCrisisNews.com</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banking crisis]]></category>
		<category><![CDATA[citibank]]></category>
		<category><![CDATA[citigroup]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[news]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://www.globalcrisisnews.com/?p=208</guid>
		<description><![CDATA[As Citigroup Inc. reported an $8.29 billion quarterly loss this week, they announced the division of their &#8220;supermarket&#8221; model into: Citicorp and Citi Holdings. Citicorp focusing on stronger-operations, including its global, corporate and investment banking services, while Citi Holdings overseeing noncore businesses such as its government-backed risky assets, insurancfe unit Primerica Financial Services and CitiFinancial, [...]]]></description>
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		<title>Ssangyong Motor files for bankruptcy</title>
		<link>http://www.globalcrisisnews.com/asia/ssangyong-motor-files-for-bankruptcy/id=200/</link>
		<comments>http://www.globalcrisisnews.com/asia/ssangyong-motor-files-for-bankruptcy/id=200/#comments</comments>
		<pubDate>Wed, 14 Jan 2009 16:29:43 +0000</pubDate>
		<dc:creator>GlobalCrisisNews.com</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[auto industry]]></category>
		<category><![CDATA[automaker]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[crisis]]></category>
		<category><![CDATA[economic crisis]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[south korea]]></category>
		<category><![CDATA[Ssangyong]]></category>
		<category><![CDATA[Ssangyong Motor]]></category>

		<guid isPermaLink="false">http://www.globalcrisisnews.com/?p=200</guid>
		<description><![CDATA[The South Korean unit of the largest Chinese automaker Ssangyong Motor, filed for bankruptcy protection on Friday, which makes it the first major player in the autoindustry to receive a destructive blow as demand for new cars plunged and the global economic crisis strangled all credit. Although there is talk about potential restructuring and potential [...]]]></description>
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		<title>Citibank bailed out, or problem postponed?</title>
		<link>http://www.globalcrisisnews.com/business/citibank-bailed-out-or-problem-postponed/id=107/</link>
		<comments>http://www.globalcrisisnews.com/business/citibank-bailed-out-or-problem-postponed/id=107/#comments</comments>
		<pubDate>Tue, 25 Nov 2008 10:39:04 +0000</pubDate>
		<dc:creator>GlobalCrisisNews.com</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banking crisis]]></category>
		<category><![CDATA[citibank]]></category>
		<category><![CDATA[citigroup]]></category>
		<category><![CDATA[crisis]]></category>
		<category><![CDATA[downsizing]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[layoff]]></category>

		<guid isPermaLink="false">http://www.globalcrisisnews.com/?p=107</guid>
		<description><![CDATA[After watching the news yesterday and seeing how Citigroup has been granted a bailout I can&#8217;t stop wondering what all this entails. I mean the bank received $25 billion just about a month ago. And on the 24th the Treasury announces another $20 billion in buying up preferred [Citigroup] stock?! Perhaps I am missing the [...]]]></description>
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		<title>Two more US banks collapse amid looming financial crisis</title>
		<link>http://www.globalcrisisnews.com/usa/two-more-us-banks-collapse-amid-looming-financial-crisis/id=78/</link>
		<comments>http://www.globalcrisisnews.com/usa/two-more-us-banks-collapse-amid-looming-financial-crisis/id=78/#comments</comments>
		<pubDate>Sun, 09 Nov 2008 19:21:20 +0000</pubDate>
		<dc:creator>GlobalCrisisNews.com</dc:creator>
				<category><![CDATA[USA]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[depression]]></category>

		<guid isPermaLink="false">http://www.globalcrisisnews.com/?p=78</guid>
		<description><![CDATA[A story published today on Indiatimes.com informs of the latest addition to this year&#8217;s failed banks. The article goes on to stating that &#8220;More collapses are expected among the nation&#8217;s 8,400 banks.&#8221;. This doesn&#8217;t really restore or boost any confidence in the US banking sector right now and will surely only fuel what I blogged about [...]]]></description>
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