-
- Bank of East Asia has $51 billion in assets
- Officials did not specify the total amount of withdrawalsNew York Times: Anxious Depositors Withdraw Cash From Asian Bank (September 24, 2008)
- Claim less than 0.2% of assets affected by American financial crisisNew York Times: Anxious Depositors Withdraw Cash From Asian Bank (September 24, 2008)
- Stock dropped $3.24 to $25.15 per share
-
-
Prompted by rumors of Wall Street's financial crisis spreading overseas, panicked depositors withdrew their money from the Bank of East Asia on September 24, 2008, causing a "run" on the assets of Hong Kong's third-largest bank.New York Times: Anxious Depositors Withdraw Cash From Asian Bank (September 24, 2008) The stock value of the Bank of East Asia dropped 6.9% by day's end, despite assurances from bank officials that the Wall Street crisis would have negligible effects. New York Times: Anxious Depositors Withdraw Cash From Asian Bank (September 24, 2008)
-
-
Bank of East Asia Run Questions
-
Land route from London to South East Asia? 1 AnswerI have included a map of a land route from London to India. As far as I can determine, a train route from London to Southern Asia is a current project but won't... read more -
Will Japan, China, and South Korea sign a East Asia Pact? 1 AnswerJapan, China, and South Korea is considering to sign a East Asia Pact. -quote- "Their economies enmeshed as never before, leaders from China, Japan and South Ko... read more -
Why does Asia fear nationalization when both Citigroup and Bank of America say, no to nationalization? 1 AnswerI'm sure Citi and BOA do not prefer to nationalize, but at some point the government may have to say we can't bail you out on this, or at least not right now. I... read more
-
What items did Zheng He obtain in the Middle East? 1 AnswerHe traded for: Horses Sulfer Timber Drugs Spices such as cloves Copper ore Precious Stones Ostriches Zebras Giraffes read more
view more questions...
-
About this page
-
Page Views0
No one is currently managing this page.
This page currently has no vertical manager.
