reuters: Recession fears swamp signs of bank crisis easing

"We are far from the end of the road back to stability," he said late on Tuesday. "But the plan to recapitalise our banking system, both here and abroad, will I believe come to be seen as the moment in the banking crisis of the past year when we turned the corner."
His comments were underlined by U.S. dollar short-term funding costs falling further in London and Asia, a sign that banks are beginning to regain trust in each other.