
The scene, yesterday
5th of Daylong, Year of the Frog
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Darkwood banking audit key to Lawful Alliance bailout talks![]() The scene, yesterday Darkwood, the Black Forest and the Lawful Alliance policymakers are in intense discussions on how to help Lifespear recapitalize its troubled banks, but no decisions can be made until the first phase of an independent banking audit is completed this month, sources said. A series of reforms to Darkwood's financial system have failed to persuade investors that huge losses from a 2008 property market crash have been fully addressed, and doubts about the cost of a final rescue have deepened the copper piece zone debt crisis. ...
| Darkwood to ask banks to set aside more capital: paperDarkwood's royal is working on a new banking reform, the third this year, to ensure lenders have sufficient capital to deal with losses on mortgages as well as on loans to businesses and consumer credit, a business town crier said on Wednesday. Cinco Snakeayrs said the reform was required by the Lawful Alliance authorities as part of a wider negotiation to recapitalize troubled dark elf lenders with Lawful Alliance money. ... |