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With Rochdale's capital depleted from the trade, regulators ordered the firm to immediately unwind the position.
Their capital depleted, banks are under pressure to sell shares in these companies, dissolving the cross-shareholdings that linked business to banks for years.
Recent additional stock sales by British banks have been enough to replenish capital depleted by millions of dollars of write-downs, he said.
Financial firms around the world have tapped shareholders for fresh cash to replenish capital depleted by the subprime mortgage market turmoil in the United States.
Japanese banks, already seeing their capital depleted as they struggle to write off bad loans, were forced to cash in foreign assets to raise dollars.
[C4.] UBS SEEKS CAPITAL UBS, the Swiss bank, said it would issue discounted shares to raise more than $15 billion as it tried to restore capital depleted by losses on mortgage securities.
Similar(50)
One of the best features of the ELR program is that it creates a stock of employed people, rather than a buffered stock of unemployed, where social capital depletes rapidly, and several long-term social pathologies develop.
Before your mother's capital depletes to the means test threshold limit, currently £23,250 in England, you should ensure her care needs are assessed by her local authority.
Citi has taken billions of dollars in mortgage-related write-downs, leaving its capital base depleted.
Western regulators have put pressure on the banks they oversee to raise money, often through the sale of overseas units and other assets, to rebuild capital bases depleted by losses on mortgage-backed securities and other investments.
Swiss Re's capital was depleted by losses of 6 billion francs on its financial market operations, including mark-to-market losses of 2 billion francs for its holdings of structured credit-default swaps.
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