Infopirate.org

The Bank of England underestimated the severity of the current financial crisis, according to its deputy governor, who has admitted that interest rates are only a "blunt instrument" with which to control the economy.

Sir John Gieve told the BBC's Panorama programme, to be screened tonight, that new tools were needed to complement interest rates.

The FDIC has a list of 90 financial institutions that it expects may fail in the coming year, and it expects to expand that list to 150 institutions very soon.What happens if your bank fails? Is your money really safe?The FDIC was founded after the Great Depression to insure deposits in retail banks and in doing so to (hopefully) prevent bank runs.

The banner above FirstCity Bank still reads "Celebrating 100 Years of Service," but the 690 residents of this rural community aren't in the mood - not since government regulators locked the door, emptied the vault and closed the only bank within nearly 20 miles. Check out this site to know more.

The dollar’s drop is broadening amid the thaw in credit markets and investor concern about the long-term effects of the Federal Reserve’s asset-buying program, according to Royal Bank of Scotland Group Plc.

Many British savers with money tied up in overseas accounts that offer princely returns could be forgiven for casting a wary eye at the banks behind their accounts this weekend.