Global financial crisis in October 2008 by the Senate, 263-171 in a bipartisan vote. Discussions were ongoing in Europe regarding possible remedies for financial instability in Europe leading up to a conference Saturday afternoon in Paris hosted by Nicolas Sarkozy, president of France. UniCredit of Italy was reported to be the latest bank to come under pressure. During the night of October 2 Greece followed Ireland's lead and guaranteed all bank deposits. On October 3 it was reported that Wachovia had rejected the previous offer from Citigroup in favor of acquisition by Wells Fargo, resulting in a legal dispute with Citigroup. In Britain, the Financial Services
Financial services in the Republic of Ireland the Markets in Financial Instruments Directive 2004/39/EC which has been fully implemented into Irish law. The Market Abuse Directive 2003/6/EC is also fully implemented in Ireland and provides that insider dealing or market manipulation may be carried out using financial derivatives. In addition the Central Bank will regulate the use of derivatives through codes or guidance documents applying to specific financial services sectors – see for example, the UCITS and non-UCITS rules applying to funds. The law in Ireland relating to financial derivatives transactions is generally clear and does not provide market participants with too many serious issues. The applicable