U.K. Producer Prices Rise at Fastest Pace Since 1986 (Update4) - Bloomberg
Might 12 (Bloomberg) — U.K. producer prices climbed in April at the fastest annual pace since at least 1986 as raw-material costs jumped, adding to the case for the Bank of England to moderate the pace of interest-rate cuts. Prices charged by

Obituaries in the news - Minneapolis Star Tribune
MOUNT VERNON, Mo. (AP) — Joyce “Dottie” Rambo, a gospel singer and songwriter whose songs have been recorded by Dolly Parton, died when her tour bus ran off the highway and struck an embankment. She was 74. Seven other people on the bus were

Report: 900 children buried in China quake - CNN
BEIJING, China (CNN) — A major earthquake has buried about 900 kids in southwest China, the country’s official news bureau Xinhua reported Monday. Students help a fainted classmate evacuate to a playground in Qionglai city, southwest China’s

EU offers aid in China quake - News.com.au
THE European Union offered assistance to China this day following the 7.8 magnitude earthquake that struck the southwestern province of Sichuan, saying information from the region was “worrying”. The European Commission was closely monitoring the

900 feared buried in quake - News.com.au
NEARLY 900 students were feared buried when a 7.8 magnitude earthquake caused a high school building to collapse in Chengdu, capital of China’s Sichuan province. The quake struck 93km from Chengdu, a major population centre in southwest China with

2 Humvees missing from US base in Afghanistan - Kansas City Star
Two armored Humvees were missing from a U.S. military base in Afghanistan, a military spokesman stated Monday. The military was investigating whether the automobiles were stolen, although officials believed they were likely still in the possession of U.S

Radyne concurs to be acquired by Comtech in $223.6 million all-cash - Forbes
LONDON (Thomson Financial) - Radyne Corp. stated Monday it has agreed to be acquired by Comtech Telecommunications in a deal valuing the company at $223.6 million. Under the terms of the agreement, Comtech will make a first step cash tender to Radyne

No serious quake damage in Chengdu - China state TV - Forbes
BEIJING (XFN-ASIA) - A powerful earthquake that shook southwestern China didn’t appear to have caused major damage in the Sichuan provincial of capital Chengdu, near the epicenter, state television reported on Monday. A reporter for CCTV news in

OXFD Secures Winning Bid on Loan Portfolio - MSN MoneyCentral
Oxford Funding Corporation (OTC:OXFD) has secured the winning bid on a $1.69 million performing first lien residential loan portfolio from a major national lender Ronald C. Redd, Chief Executive Officer of Oxford reports. “This is a relatively small

Output from massive Kashagan field delayed once again - Houston Chronicle
Eni, Italy’s largest oil company, and partners developing the Kashagan oil field in the Caspian Sea may delay production by as much as two years, the fourth postponement at the 7 billion- to 9 billion-barrel Kazakhstan discovery. The start of

Share This

Share This

Aussie John Symond: St George, Westpac will not mean a lot to customers - News.com.au
AUSSIE Home Loans boss John Symond does not expect consumers will be injured by a possible merger between banking rivals St George and Westpac. Shares in both banks were suspended this morning to allow merger speaks to continue. The negotiations could

2005 IT Budget and Staffing Report: Banking Industry - IT-Analysis.com
Using the extensive input from the over 1,400 survey responses received, Info-Tech has developed insightful conclusions, suggestions, and projections that will help you successfully steer your IT department, and enhance your ability to make

Investment banks turn to Africa in effort to boost flagging profits - The Independent
As investment banks continue to feel the effects of the credit crunch in the West, some are looking to Africa as the latest emerging market opportunity to boost flagging profits. Banking powerhouses including Citigroup and JP Morgan operate in sub

New Citi chief to stick with global model - Baltimore Sun
NEW YORK - Citigroup Inc.’s new chief executive, Vikram S. Pandit, plans to stick with a global banking model after months of intense review - but only after shrinking the company by about one-fifth first. The three-year game plan, revealed yesterday

Westpac Banking makes takeover offer for St. George Bank - International Herald Tribune
SYDNEY : Westpac Banking said Monday that it was in talks on an all-share bid for St. George Bank, which has a market value of 15 billion Australia dollars, in a deal that would create Australia’s largest home-lending and wealth-management provider

Large banking merger touted in Australia - Earthtimes
Sydney - Westpac Banking Corporation, one of Australia’s Large Four high street banks, is in merger speaks with fifth-placed St George Bank, and a marriage would create Australia’s largest financial services company, Westpac said Monday. Shares of both

Banking stocks lead market surge - News.com.au
AUSTRALIAN stocks have opened higher, led by the banks which are higher after St George and Westpac announced merger speaks and National Australia Bank’s strong profit results on Friday. At 1016 AEST, the benchmark S&P/ASX200 index had gained 32.1

surging China stock market, banking, trade, outsourcing, tech - Boston IMC
Watch out on exploding China and Asia century! Discover what’s really inside Chinese and Asian stock market, multinationals, banking, yuan, insurance, management, and politics. Get great info and analysis from leading thinker George Zhibin Gu

Westpac of Australia Offers to Buy St. George Bank (Update2) - Bloomberg
Might 12 (Bloomberg) — Westpac Banking Corp. is in speaks to purchase St. George Bank to create Australia’s second-largest bank, as Chief Executive Officer Gail Kelly waited just 10 weeks before pouncing on her former employer. Westpac, Australia’s fourth

Banking on Turkey - Financial Times
The European Union needs all the help it can get in engaging with Turkey. With Ankara’s bid for EU membership running into political disenchantment both in Turkey and in the Union, it may fall to the European Bank for Reconstruction and Development

Share This

Share This

Suncorp’s super share rally - News.com.au
SUNCORP probably wrong-footed the market last week by not having to downgrade its full-year profit forecast, chief executive John Mulcahy stated after the company’s strongest-ever weekly share price rally. Mr Mulcahy also conceded the Brisbane-based

People making news - Detroit Free Press
• Three Wayne Say University School of Medicine faculty members have been selected for Distinguished Professor honors by President Irvin D. Reid for their outstanding accomplishments and service to the university. Barry P. Rosen PhD, professor

Egypt index posts sharpest drop in nearly 4 months - Guardian Unlimited
CAIRO, Might 11 (Reuters) - Egypt’s Case 30 index posted its sharpest single-day drop in nearly four months on Sunday after the central bank raised interest rates and Egypt’s government boosted some taxes and energy prices. The index, up 9 percent this

Bunye back to banking, will be GMA adviser - Manila Times
Press Secretary Ignacio Bunye said he’s leaving President Gloria Arroyo’s official family next month “to fulfill a wish of going back to banking.” Bunye, however, won’t be entirely out of Malacañang. He said he’ll serve also as political

TFN NEWS BRIEFING: Banking and insurance highlights to 15:45 BST - CNBC
FRANKFURT (Thomson Financial) - German chancellor Angela Merkel is expected to decide on Tuesday who will be the new chief executive of German state-own development bank KfW Bankengruppe, Handelsblatt stated on its on the web edition on Saturday, citing

RPT-Bay Street Week Ahead-Big banks may get bruised again - Reuters
TORONTO, Might 11 (Reuters) - Most Canadian banks will show further bruises from the credit-market crunch when they issue quarterly reports in two weeks’ time, and even solid results from their domestic banking units may not be enough to match last

Caisse d’Epargne to trim workforce by 4,500 people by 2012 - CNBC
PARIS (Thomson Financial) - Banking group Caisse d’Epargne will trim its workforce, currently 52,000 employees, by 4,500 people between now and 2012, a spokesman told Agence France-Presse following a newspaper report Saturday. He stated the job cuts

Yale students serve as bankers for struggling entrepreneurs - Philadelphia Inquirer
NEW HAVEN, Conn. - When Larry Thomas couldn’t get a bank loan for his struggling construction business, he turned to Yale University students less than half his age. Elmseed Enterprise Program, which provides small loans and intensive technical

Mother’s Day brings old, familiar worries - Miami Herald
Miralda Lewis gets a hug from Ellis Fox, 8, at Villa Maria Nursing Home in North Miami. About 35 volunteers are spending the day at the nursing home, giving out flowers and singing to the residents. Momsmiami.com A mother and child reunion for TV

These Daredevils Don’t Dust the Crops. They Plant Them. - New York Times
OLIVEHURST, Calif. — As rice farmers in Northern California plant their flooded fields over the next couple of weeks, most won’t head for a tractor or a tiller or any kind of seeder. Mr. Hawk waiting in his seeding plane recently as truck

Share This

Share This

Pain comes with tax sweetener - News.com.au
CONCERNS over rising inflation and the need to protect the economy from global financial woes will ensure tiny joy for most Australians in Tuesday night’s Budget. While the tough message from Treasurer Wayne Swan will be sweetened with Labor’s pre

BCC warns of tough 2009 as economic growth falls - Guardian Unlimited
Businesses should brace themselves for a ‘long slog’ before the credit crunch is over, with the economy set to be even weaker in 2009, the British Chambers of Commerce warns today. When it published its last economic forecast three months ago, the

Banker: Reducing trade surplus key to growth - Xinhua News Bureau
BEIJING, May 11 — China needs to cut its high savings rate to boost consumption and reduce the trade surplus, People’s Bank of China Governor Zhou Xiaochuan stated Saturday. “The government has pledged to boost consumption and cut the surpluses in

Citigroup to shed nearly $500 billion in assets - Los Angeles Times
NEW YORK — Citigroup Inc.’s new chief executive, Vikram Pandit, plans to stick with a global banking model after months of intense review — but only after shrinking the company by about one-fifth first. The three-year game plan, revealed Friday

PBOC: Slicing inflation to remain top goal - Xinhua News Bureau
¡¤Inflation will remain the top policy concern, China’s central bank governor stated on Saturday. ¡¤Top banker: China’s monetary policy must target inflation over growth and employment. ¡¤China needs to reduce savings ratio as fundamental way to

For thousands of debt-ridden Indian farmers, crushed by global change - International Herald Tribune
KOCHI, India : On the last night of his life, the farmer walked into his dusty fields, choked down pesticide and waited to die. He owed more than 41,000 rupees (US$1,000;€652) to banks and moneylenders and he’d told his wife that if the cotton

HSBC’s US arm racks up $4bn more in bad debt - Times On the web
HSBC is poised to reveal a further $3.5-4 billion (£1.8-2 billion) in bad-debt charges from its American business, as homeowners there continue to fall behind with mortgage payments. First-quarter results from the bank’s American business are

Banking on other lenders - Riverside Press Enterprise
Scott Metzger wanted to begin a restaurant-microbrewery in San Antonio. His credit was good. His business plan was sound. He should have had an simple time getting financing. He didn’t. After spending a year developing relationships with three massive

Prolific dealmaker Silver joins Merrill Lynch - The Independent
One of the City’s most prolific dealmakers, Caroline Silver, has quit her role as vice chair of investment banking at Morgan Stanley to join rival American home, Merrill Lynch. The move, which has stunned Morgan and will surprise the City, sees the

Can Dmitry Medvedev clean up the wild East? - Daily Telegraph
Russian banking is a pretty rum affair. The men seem to enjoy hatching murder plots against each other, while the women enjoy stripping for the camera. In a macho culture like Russia’s, where feminism is an unpopular concept for both sexes, perhaps

Share This

Share This

National News from AP: Headlines - Ledger Independent
WASHINGTON - The amazement was on their faces. Hundreds waited for Barack Obama on that evening in South Carolina, 15 weeks ago, to claim victory _ a surprising victory, surprisingly huge. And breathtaking it was. It made it possible for him to stand

Virginia News - WTOP Radio
ith construction on the new Woodrow Wilson Bridge approaching a major milestone, motorists are being warned to prepare for delays this weekend on the Outer Loop carrying traffic from Virginia into Maryland. Say Senator Robert Injured was fined for

Top News Stories - Edmonton Journal
. Firing a mother of four for giving a free Timbit to a fussy child is going to cost American-owned Tim Hortons a lot of dough. . Syncrude’s handling of the dead ducks isn’t all that bothers Albertans. The company’s power base moved to the U.S., and

Lawyer: Kilpatrick will be vindicated - Detroit News
Lawyer: Kilpatrick will be vindicated Santiago Esparza / The Detroit News DETROIT — The plain-spoken Alabama attorney who recently joined the defense team for Mayor Kwame Kilpatrick states the mayor will be vindicated of all charges stemming form the

Developing Story–Newport News Police Officer shoots attacking Pitbull - WAVY News 10
NEWPORT NEWS, VA - (WAVY.com) - A Newport News Police Officer shot and killed a pitbull Saturday morning. The incident happened in the 400 block of Eureeka Loop around 3:30am. The officer was responding to calls about a pitbull chasing people in the

Analysis: Good economic news something of a mirage - Washington Post
Resize Text WASHINGTON — The unemployment rate drops. Productivity grows. The trade deficit shrinks. Sounds great, right? Not so fast. Borrowing radio broadcaster Paul Harvey’s signature saying: let’s hear the rest of the story. Some seemingly good

TFN NEWS BRIEFING: Aerospace and transportation highlights to 15:40 - Forbes
suffered losses for the week. Neither the Subscriber nor Thomson Financial 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

Detroit volunteers clean up west side - Detroit News
Detroit volunteers clean up west side Santiago Esparza / The Detroit News DETROIT — The annual Motor City Makeover hits the west side Saturday, as thousands of volunteers gather to clear debris, haul off trash and spruce up parks.

AP Top News at 11:14 a.m. EDT - Chicago Tribune
Myanmar junta hands out aid boxes with generals’ names YANGON, Myanmar (AP) — Myanmar’s military regime distributed international aid Saturday but plastered the boxes with the names of top generals in an apparent effort to turn the relief effort for

THOMSON FINANCIAL NEWS TOP STORIES Macroeconomics 15:30 BST - Forbes
economy’s few bright spots this year. For more information and to contact AFX: www.afxnews.com and www.afxpress.com Neither the Subscriber nor Thomson Financial News warrants the completeness or accuracy of the Service or the suitability of the

Share This

Share This

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

Share This

Share This

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

Share This

Share This

Ramsey: Police beating ‘certainly does not look good’ - Philadelphia Daily News
POLICE COMMISSIONER Charles H. Ramsey yesterday asked Philadelphians not “to rush to judgment” when watching a video showing baton-wielding cops repeatedly striking, kicking and stomping three young men whom they had stopped after a triple shooting

Asia: Rate Fears Hit Chinese Markets - Street.Com
Fears over interest rate hikes in mainland China due to mounting inflationary and energy costs sent shares tumbling in Shanghai and Hong Kong Wednesday. The Shanghai Composite Index plunged 154 points, or 4.1%, to 3579.15, while Hong Kong’s Hang Seng

Precious Metals Summary - London AM Fixings - Forbes
Copyright Thomson Financial News Limited 2008. All rights reserved. The replicating, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of

Clemens apologizes for unspecified mistakes - Philadelphia Daily News
NEW YORK - Roger Clemens apologized yesterday for unspecified mistakes in his personal life, a statement Brian McNamee’s lawyers intend to use to attack the pitcher’s credibility at trial. The New York Daily News reported last week Clemens had a

Austria names former BAWAG chief executive Nowotny as new central bank - Forbes
VIENNA (Thomson Financial) - The general council of the Austrian central bank (OeNB) has appointed Ewald Nowotny, the former chief executive of troubled bank BAWAG, to serve as the OeNB’s next governor, Chancellor Alfred Gusenbauer stated on Wednesday

GM seals a UAW deal, but not at Mich. plant - Detroit Free Press
General Motors Corp. saw one UAW local contract ratified Tuesday, while negotiations continued at several locations. Separately, a unit of the finance company in which GM has a minority stake is working to line up financing to keep it from defaulting

Myanmar junta keeps large international aid effort on hold, denies - International Herald Tribune
YANGON, Myanmar : Hungry crowds of cyclone survivors stormed a few shops that opened Wednesday in Myanmar’s devastated Irrawaddy delta, as the country’s military rulers kept a huge international aid effort on hold. Little relief reached the people

Visage Imaging is Selected by Dartmouth-Hitchcock Medical Center to - MSN MoneyCentral
Visage Imaging(TM) to supply Visage(TM) CS Thin Client/Server System to enhance workflow with one-of-a-kind technology CARLSBAD, Calif., Might 7 /PRNewswire-FirstCall/ — Visage Imaging, Inc., a wholly owned subsidiary of Mercury Computer Systems, Inc. MRCY

UK Politics - Daily Telegraph
From breaking news to analysis, video to behind-the-scenes blogs, find all the Telegraph’s political news and comment in one place - your source for the latest from Downing Street, Westminster and the whole of the UK. David Cameron has renewed the

Dollar Rises After Hoenig States Inflation May Spur Rate Increase - Bloomberg
Might 7 (Bloomberg) — The dollar rose against the euro and the yen as Federal Reserve Bank of Kansas City President Thomas Hoenig stated inflation may prompt policy makers to raise interest rates and European retail sales dropped by a record in March

Share This

Share This

KBW Reveals Changes To KBW Regional Banking Index And KBW Mortgage - RTT News
• 5/5/2008 5:39:19 PM *TXCO Resources Reports Q1 EPS Of $0.09 Vs Loss $0.06 Last Year [TXCO] • 5/5/2008 5:38:18 PM *Argo Group International Posts Q1 EPS Of $1.20 Vs $1.13 Last Year [AGII] • 5/5/2008 5:37:26 PM *Atlantic Tele-Network Posts Q1

Swiss banks refuse blame for foreign clients’ tax evasion - BusinessWeek
Swiss banks cannot be expected to police foreign clients’ tax affairs, one of the country’s top banking officials said Monday, rejecting German demands for greater cooperation to catch tax evaders. The president of the Swiss Bankers Association laid

South Korea May Keep Interest Rate Unchanged on Inflation Worry - Bloomberg
May 6 (Bloomberg) — The Bank of Korea may keep interest rates unchanged at an almost seven-year high this week after inflation accelerated and overseas shipments surged. Governor Lee Seong Tae will leave the seven-day repurchase rate at 5 percent on

Bank of America exec ready to integrate LaSalle Bank - Detroit Free Press
CHARLOTTE, N.C. — Liam McGee, Bank of America’s president of global consumer and small business banking, chatted with The Associated Press about his thoughts on leading his bank’s retail growth and customers’ perceptions of the conversion

REFILE-UPDATE 3-Toronto stocks end flat as financials weigh - Reuters UK
TORONTO, Might 5 (Reuters) - The Toronto Stock Exchange’s main index ended tiny changed on Monday, pressured by a selloff in banking issues that countered a lift from surging commodity prices. The tumbling banking sector led the downside, caught up

Maybank buys $680 mln stake in Pakistan MCB Bank - Reuters
KUALA LUMPUR (Reuters) - Malaysia’s top lender, Malayan Banking (MBBM.KL: Quote , Profile , Research ), has purchased a 15 percent stake in Pakistan’s largest listed lender MCB Bank (MCB.KA: Quote , Profile , Research ) for $680 million, betting on a

LaSalle brand disappears in Mich. as BofA takes over - Detroit Free Press
Those red signs will be very evident in Chicago,” stated Liam McGee, Bank of America’s president of global consumer and small business banking, in an interview with The Associated Press. “When they walk into a former LaSalle banking center, it

Banks crack down on mortgage bids - News.com.au
Times get tough for would-be homebuyers Banks make loans harder to get Move made to reduce risk to lenders HOMEBUYERS face tougher questions and even knockbacks when applying for a mortgage as banks and non-bank lenders secretly tighten rules on who

RBS to hit small firms with fees - Daily Telegraph
Thousands of small businesses face an increase in their banking charges of several hundred pounds a year following a decision by one of the UK’s biggest banks to axe free business banking for a group of its customers. Business account holders at the

Maybank buys $680 mln stake in Pakistan MCB Bank - Reuters
KUALA LUMPUR (Reuters) - Malaysia’s top lender, Malayan Banking (MBBM.KL: Quote , Profile , Research ), has bought a 15 percent stake in Pakistan’s largest listed lender MCB Bank (MCB.KA: Quote , Profile , Research ) for $680 million, betting on a

Share This

Share This