Oslo shares close flat, gainers led by Golden Ocean, Jinhui UPDATE
CNBC - Telecoms operator Telenor lost just under 1 pct to 103.75 nkr, banking group DnB NOR put on 0.6 pct to 78.60 nkr and fertiliser group Yara International lost 3.2 pct to 303.50 nkr.

TFN NEWS BRIEFING: Banking and insurance highlights to 15:45 GMT
Forbes - facility. Neither the Subscriber nor AFX News warrants the completeness or accuracy of the Service or the suitability of the Service as a trading aid and neither accepts any liability for losses howsoever incurred. The content on this site, including

Dresdner Forecasts `Challenging’ Markets to Calm (Update1)
Bloomberg - Feb. 25 (Bloomberg) — Dresdner Bank AG, the German banking arm of Allianz SE, is sticking to its profitability and cost targets as it forecast “challenging” financial markets will calm down in the second half of the year. The Frankfurt-based bank

GLOBAL MARKETS-Bond insurer rescue hopes boost stocks, dollar
Reuters - LONDON, Feb 25 (Reuters) - World stocks and the dollar rose on Monday as talk of a rescue plan for U.S. bond insurer Ambac and comments that Qatar is interested in investing in European banks eased concerns about the health of the banking sector

Dresdner Bank ready to join Ambac rescue
Earthtimes - FRANKFURT/ZURICH (Reuters) - Dresdner Bank intends to support a rescue package for U.S. bond insurer Ambac Financial Group Inc , but other major European banks declined to say if they would step in. Stefan Jentzch, head of the investment banking

UPDATE 1-Conseco to restate results, has material weakness
Reuters - NEW YORK, Feb 25 (Reuters) - Conseco Inc (CNO.N: Quote , Profile , Research ) said on Monday it will restate nearly three years of financial results to fix a variety of reporting errors, as it addresses a material weakness in its financial controls

WRAPUP 1-British, Dutch put squeeze on Liechtenstein tax dodgers
Forbes - Germany’s move has, though, shaken up European authorities and given other countries in the region with secretive banking laws pause for thought.

Ameriana Bancorp Board Declares Regular Quarterly Dividend
Forbes - Through its wholly owned subsidiary, Ameriana Bank, SB, the Company offers an extensive line of banking services and provides a range of investments and securities products through banking centers in the central Indiana area.

European Commission presses for tighter Basel II banking rules
Life Style Extra - FRANKFURT (Thomson Financial) - The European Commission is pressing for tighter banking regulations under the so-called Basel II deal to be concurred by April 2009 and is seeking the European Parliament’s backing, Handelsblatt reported, citing a

TM Media Group, Inc. Continues Patent Filing Process for E-Commerce in
MSN MoneyCentral - Depending on the game system, an end users game account might be funded with real money by on the web banking or a credit card. “Our response to the U.S.

Electrum Marketing Selected as Branding Agency by AaSys Group
Forbes - Electrum Marketing has been selected to re-brand AaSys Group, a bank IT consulting, networking and bank operations consulting group based in Thonotosassa, Florida. “We selected Electrum because of their reputation throughout the banking industry and

California Luxury Homes Holding Their Value
Biloxi Sun Herald - fourth quarter but rose year-over-year, while San Diego values posted small decreases in the fourth quarter compared to a year ago, according to the First Republic Prestige Home Index(TM) by First Republic Bank, a leading provider of private banking

Internet banking
This is Money - Plus interest rates of savings and current accounts can be far higher - sometimes 30 times more - than with traditional banking. And borrowing money can also be cheaper. Most on the web services let you check balances, transfer funds, pay bills and purchase

Japan’s Seven Bank Raises $481m in IPO
BusinessWeek - An interesting aspect of the deal is that it could appeal to investors keen to find refuge from the difficulties of Japanese banking stocks. These make up the dominant part of the stock market by market capitalisation but sluggishness in earnings

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This entry was posted on Monday, February 25th, 2008 at 11:07 am and is filed under Today News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.