VOL. XXXIV
NO. 43
29-JULY-1991
Financial and Banking News
BCCI
UK Court Postpones Winding Up Order on BCCI
BCCI shareholders trying to prevent the liquidation of the bank's UKoperations have been given until 30 July to present a rescue package. A Britishcourt sitting on 22 July refused a request from the Bank of England to wind upthe bank immediately and gave shareholders and depositors' groups eight days tocome up with an alternative. The Bank of England has made clear that it believesthe bank...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!