CITIGROUP SHAKEUP - New York Post
Might 9, 2008 — Shareholders anticipating a major restructuring to emerge from Citigroup’s analyst and investor confab this day might be sorely disappointed. Despite heightened speculation among investors that CEO Vikram Pandit will use the occasion to
TFN NEWS BRIEFING: Banking and insurance highlights to 09:15 BST - Forbes
NEW YORK (AP) - Assured Guaranty Ltd. swung to a first-quarter loss on higher reserves for shaky mortgage-backed bonds. Neither the Subscriber nor Thomson Financial News warrants the completeness or accuracy of the Service or the suitability of the
SC First Bank Launches ‘VM Mobile Banking’ - Telecoms Korea
Standard Chartered First Bank announced the launch of VM mobile banking service that allows people to do their banking transactions by downloading programs without inserting chips into their mobile phones. VM stands for virtual machine. The service
Julius Baer Lures Super-Rich, States Deposits Up - CNBC
Switzerland’s third-biggest bank for the rich, Julius Baer , stated it has seen a rising flow of deposits this year — another likely signal the superwealthy are turning their backs on larger rival UBS . Earlier this week, UBS stated it would axe jobs in
Abu Dhabi bank buys 25 percent stake in Malaysia lender - San Diego Union-Tribune
KUALA LUMPUR, Malaysia – Abu Dhabi Commercial Bank on Thursday sealed a 3.88 billion ringgit ($1.2 billion) deal to buy a 25 percent stake in Malaysia’s fourth largest banking group, RHB Capital Berhad. The acquisition of the stake from the
Dresdner breakup could pave the way of banking shakeout - Summary - Earthtimes
Frankfurt - Germany’s “overbanked” banking sector could be facing another round of consolidation this year after the giant insurer Allianz SE announced plans Friday for breaking up its banking offshoot later this year. Detailing Allianz’s first
Gain Data on Offshore Life and Offshore Captive Insurance with the - Forbes
The five countries profiled in this report are quite different from each other, as the table below suggests. Jamaica and the Dominican Republic are similar to lower-income countries in other parts of the world that have a history of economic
AX MAY FALL NEXT WEEK AT BEAR STEARNS - New York Post
Might 9, 2008 — Investment bankers at Bear Stearns are expected to learn as early as next week whether they’ll keep their jobs or be axed, according to sources who’ve spoken to Bear’s co-head of investment banking, Jeff Urwin. As JPMorgan Chase moves
Sanders Morris Harris Group Reports First Quarter Loss of $0.08 Per - MSN MoneyCentral
HOUSTON, Might 9 /PRNewswire-FirstCall/ — Sanders Morris Harris Group Inc. SMHG this day announced a first quarter loss of $2.1 million, or $0.08 per diluted share, compared with earnings of $2.7 million, or $0.11 per diluted share, during the prior year
Citizens First Bancorp, Inc. Announces Quarterly Dividend - Forbes
Citizens First Bancorp, Inc., through its subsidiary Citizens First Savings Bank, currently serves its customers from 24 full service-banking centers in St. Clair, Sanilac, Huron, Lapeer, Macomb and Oakland counties and a loan production office
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