Analysts urge co-ordinated action

As international finance ministers meet to tackle the financial turmoil, city analysts have called for co-ordinated moves to bail out the banks.

Crisis talks are taking place at the White House in Washington in an attempt to unfreeze markets and stave off a global recession.

After Friday's talks, analysts welcomed an announcement from US Treasury Secretary Hank Paulson that the US government will buy stock in troubled financial institutions.

Share this article

Send this article to a friend »

• Del.icio.us
• Digg
• Reddit
• Facebook
• StumbleUpon

What are these?