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| Nov.27 |
 Dubai |
Dubai debt woes 'a drama, but no crisis'| Market experts say the debt revelations will not lead the global economy back into recession, but have seriously damaged the Emirate's standing | |
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| Nov.1 |
 New York |
CIT Group files for US bankruptcy| The lender has filed for bankruptcy protection, after a debt-exchange offer to bondholders failed. The reorganisation plan will reduce debt by $10bn | |
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| Oct.23 |
USA |
US bank failures top 100 for year The number of US bank failures this year has topped more than 100 after federal regulators shut down a trio of small Florida banks
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| Feb.21 |
 Antigua & Barbuda |
Antigua & Barbuda seizes Stanford banks Antiguan and Barbudan regulators took control of U.S.financier financial institutions on the twin-island nation
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| Feb.2 |
Washington |
 Obama predicts more bank failures| US President has warned that more US banks are likely to fail, as the full extent of their losses in the economic crisis becomes clear | |
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| Jan.3 |
 Austria |
 Austria takes over bank hit by Madoff The Austrian government has taken control of Bank Medici, a private bank with significant exposure to the alleged fraud by Bernard Madoff
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| Oct.21 |
 Iceland |
Kaupthing Bank fails to pay interest Iceland's Kaupthing Bank fails to pay interest to its 50-billion-yen ($493 million) bondholders in Japan
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| Oct.4 |
 Germany |
Another top European bank falters  | Germany's 2nd-largest mortgage lender, Hypo Real Estate, is teetering on the brink of collapse after a banking consortium withdrew from talks. Hypo Real Estate has suffered from the credit squeeze in international markets. A consortium of German financi... | |
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| Sep.14 |
New York |
Lehman Bros files for bankruptcy The 4th-largest investment bank in the US will file for bankruptcy protection, amid a growing global financial crisis
| The move dealed a further blow to the global financial system. It was a primary dealer in the U.S. Treasury securities market. The filing marked the largest bankruptcy in U.S. history
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| Apr.10 |
 England |
MG Rover gets £6.5m loan lifeline The government has offered a loan to prevent redundancies being made at car manufacturer
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| Nov.14 |
 Argentina |
Argentina faces fresh default Deadline looms for the repayment of $800m of World Bank debt after already being granted a 30-day grace period
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