In 2009, at the height of the global financial crisis sparked by the collapse of US investment bank Lehman Brothers, Switzerland was singled out with several other tax havens for its tradition of bank secrecy and lack of transparency.
What does GFC stand for?
GFC stands for Global Financial Crisis
This definition appears very frequently and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of GFC
We have 125 other meanings of GFC in our Acronym Attic
- General Facilities Card (Newbridge)
- General Functional Code
- Generic Flow Control
- Georgia Family Council
- Georgia Forestry Commission
- Gestion Financière et Comptable (French: Financial Management and Accounting)
- Gigabit Fibre Channel (computing)
- Gillingham Football Club (UK)
- Gladwyne Fire Company (Gladwyne, PA)
- Glass-Fiber Composite
- Global Foncard (Sprint)
- Global Forest Coalition (est. 2000)
- GMD (Ground-Based Midcourse Defense) Fire Control
- God, Family & Country LLC (Davenport, IA)
- Going For Coffee :-)
- Good for Construction
- Government-Furnished Concept
- Grace Fellowship Church
- Gracie Fighting Championships (mixed martial arts)
- Grand Falls Central Railway Company, Ltd
Samples in periodicals archive:
The International Monetary Fund on Friday said it will hold a high-level conference of central bank governors in Shanghai next week to discuss ways to address the global financial crisis.
A A A In this sense, he stressed the need for the integration of economies in the global market with a wide variety of products, underlining that he is "optimistic" for Africa after the global financial crisis.
Top US bank JPMorgan Chase said Monday it did not require additional capital injections following "stress tests" conducted by the authorities on banks to weather the global financial crisis.
Byline: Daily Star Staff Summary: Premier Fouad Siniora said Sunday the global financial crisis was due to the erroneous policies by developed countries.
Financing could be made within framework of the Fund's Emergency Financing Mechanism," he said, referring to a fast-track process that the IMF has revived to help countries experiencing economic problems from the global financial crisis.
The International Monetary Fund raised its estimate of losses from the global financial crisis to the US banking system to about $1.
What started off as a sub-prime crisis in the US housing mortgage sector has turned successively into a global banking crisis, global financial crisis and now a global economic crisis.