Corporate-bond issuance is on track to shatter records this year, largely offsetting the slump in bank lending.
Bank shares led a slump in European and Asian stock markets on Tuesday, though the Dow Jones Industrial Average opened slightly higher after an oil rally on Monday petered out.
The announcement caused the bank's shares to slump, a trend that continued over the next few weeks amid uncertainty over Lloyds' management team.
The economy may stay in a slump, but the central bank will be fine.
With Cairo's nascent stockmarket enduring a prolonged slump, and the central bank accused of responding clumsily to monetary pressures, the mood at a recent Cairo investment conference was unusually sombre.
"Just before Easter we seemed to hit a slump as far as people giving to the food bank and that has combined with demand going up, " he said.
This is beneficial in guarding against a full-scale banking crisis, but it is not sufficient to secure levels of new bank lending to productive customers that is necessary given the European slump.
FORBES: To Save Itself, Europe Must Adopt Economic Growth Strategies
Masahiro Kawai, an official at the Asian Development Bank, this week urged the region to prepare for a slump in the dollar, the probability of which he compared to that of a global bird-flu epidemic: it is far from a certainty but would have a tremendous impact if it happened.
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France's largest bank, BNP Paribas, has announced cost-cutting plans as it reports a slump in profits.
Nada insists money did not go to terrorist organizations, tying the bank's collapse to large losses during the mid-1990s Southeast Asian economic slump.
Inflation would then erupt, the Bank of England would have to tighten up, and the economy would go into a slump.
The Bank of Japan and the country's law makers have said the economy is in a slump as Europe's debt crisis weighs on external demand.
Indeed, Mr. Osborne seems so confident that the slump is largely cyclical, the result of a euro crisis-induced slump in net trade, rather than structural that last month he flatly rejected a Bank of England recommendation to recapitalize the banks to purge the system of bad debts.
The results capped a record year for the bank, which still generated a 33 percent return on equity despite the turmoil in credit markets and a slump in leveraged buyout activity, as Goldman escaped most of the bond market turmoil plaguing fellow brokers.
Japanese stocks jumped and the yen sank after the country's central bank announced aggressive measures for getting the world's third-largest economy out of a two-decade slump.
The central bank has been under pressure from Japan's new government to take more aggressive steps to fight the long deflationary slump in the world's third largest economy.
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