Malaysian fund to sell another stake in RHB-papers - Reuters
KUALA LUMPUR, Might 8 (Reuters) - Malaysia’s say pension fund is looking to sell another 5 percent stake in Malaysia’s fourth-largest lender, RHB Capital Bhd (RHBC.KL: Quote , Profile , Research ), to a strategic investor, the Star newspaper stated on

City National Bank Hires Well-Known Investment Specialists for Its Las - MSN MoneyCentral
LAS VEGAS, May 7, 2008 (PRIME NEWSWIRE) — City National Bank today announced that it continues to grow and expand its Private Banking and Wealth Management area in Nevada with the hiring of two highly regarded investment bankers in the Las Vegas and

A Tough Economy Requires Customer Focus, Better Training and New - MSN MoneyCentral
SAN DIEGO, May 7 /PRNewswire-FirstCall/ — Adopting a customer-centric approach can be a winning business model in tough economic times, a Comerica Bank executive advised her peers at a national banking conference in San Diego. (Logo: http://www

Bridge Bank Opens San Francisco Technology Banking Office - MSN MoneyCentral
Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, National Association announced today that it has opened a new San Francisco Region Technology Banking Loan Production Office. Mike Lederman, Vice President of Technology Banking

Lloyds TSB avoids heavy writedowns - Financial Times
Lloyds TSB insisted on Tuesday that it saw no need to strengthen its capital base as the banking group claimed it could continue to grow in spite of the economic slowdown in the UK. The lender, which has suffered less from the credit crisis than its

Stocks follow Wall Street lower - News.com.au
THE stock market opened lower this morning, following a sell off on Wall Street and drops in base metals prices in London overnight. At 10.15am AEST, the benchmark S&P/ASX200 index had dropped 67.2 points, or 1.19 per cent, to 5601.2, and the broader

More pressure on UBS as America holds banker - Times On the internet
UBS, the embattled Swiss banking group, was under fresh pressure yesterday after it emerged that one of its senior executives had been detained as part of an American tax investigation. Martin Liechti, a senior banker, was held by authorities in the

JPMorgan sees Bear clients returning, job cuts - Reuters
NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N: Quote , Profile , Research ), which is buying Bear Stearns Cos (BSC.N: Quote , Profile , Research ), anticipates to regain business from Bear clients who stopped doing business with the troubled investment

Former UBS employee assists US in tax probe - Times Online
American authorities are being assisted by a former employee of UBS as part of their inquiry into whether the Swiss bank helped wealthy US clients evade US tax. UBS confirmed today that a senior employee at the bank had been detained last month by

Malaysian shares outlook - Lower after Wall Street’s fall, record oil - Forbes
KUALA LUMPUR (Thomson Financial) - Malaysian shares are likely to open lower on Thursday, tracking a sharp drop on Wall Street overnight as fears of global economic stagflation resurfaced after crude oil prices soared to a record near $124 a barrel

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