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The IT meltdown hit customers of NatWest, Ulster Bank and Coutts as well as RBS and the bank was slammed after it admitted some customers would still be facing payment problems by Saturday.
Blackstone Chairman Stephen Schwarzman said he saw deal opportunities, especially in Asia, upon announcing an 89percentt drop in fourth-quarter profit in March as the credit market meltdown hit the firm's bottom-line.
The meltdown hit not only customers of the three brands owned by RBS Group, but also people who were expecting salary payments from businesses that held accounts with the bank and other transfers between banks.
The meltdown hit not only customers of the three brands owned by the bank, but also people who were expecting salary payments from businesses that held accounts with the bank and other transfers between banks.
It got worse once the global meltdown hit.
The speed and intensity of this economic meltdown hit us all by surprise.
Similar(49)
"The world needs more water storage," says Luis Berga, ICOLD's president, "and dams are means to that end".The other factor is the economic meltdown hitting poor countries.
Nor, we fear, much willingness to resist when the next fiscal meltdown hits and the banks once more demand taxpayer billions to be taken off the hook they baited themselves.
The global economic meltdown has hit the developing world particularly hard.
The 9.0 earthquake, tsunami and nuclear meltdown that hit the country on March 11 , 2011 claimed almost 20,000 lives, overturned an economy that had already been foundering through 20 years of recession, and demoralized a citizenry dealing with one suicide every 17 minutes, a loss of direction, and what is now seven prime ministers in fewer than six years.
And sooner or later, the meltdown would hit U.S. shores, since about one-fifth of U.S. exports are shipped to Latin America.
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