Banks News Updates
Basel Regulation ‘More Restrictive,’ Deutsche Bank Analyst Says (Bloomberg)
20 December 2009
Dec. 21 (Bloomberg) -- The Basel Committee’s proposals on bank regulation, published on Dec. 17, create a “more restrictive” environment for European lenders, according to Deutsche Bank AG.
Maybank Investment Bank-Mizuho Securities in strategic alliance (MalaysiaNews.net)
20 December 2009
KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) said Monday and Mizuho Securities Co Ltd (MHSC) said Monday they have signed a memorandum of understanding (MoU) to form a strategic alliance, to...
Bank Islam targets RM2b in personal financing (The Malaysian Insider)
20 December 2009
KUALA LUMPUR, Dec 21 — Bank Islam Malaysia Bhd aims to increase its personal financing portfolio to RM2 billion for the financial year ending June 30, 2010, from RM1.5 billion previously. Its consumer banking division general manager Khairul Kamarudin said the bank will execute an aggressive and effective marketing campaign to attract customers.
BANK ISLAM TARGETS RM2 BLN IN PERSONAL FINANCING (Bernama via Yahoo! Malaysia News)
20 December 2009
KUALA LUMPUR, Dec 21 (Bernama) -- Bank Islam Malaysia Bhd aims to increase its personal financing portfolio to RM2 billion for the financial year ending June 30, 2010, from RM1.5 billion previously.
Vietnam International Bank Gets Approval To Sell 60 Million Shares (Nasdaq)
20 December 2009
HANOI -(Dow Jones)- The State Securities Commission of Vietnam said Monday it has allowed Vietnam International Commercial Joint Stock Bank, or VIB, to sell 60 million shares to raise its registered capital to VND3 trillion ($162 million) from VND2.4 trillion.
Morning File: Bank robber's biggest regret? Living in 2009 (Pittsburgh Post-Gazette)
20 December 2009
Item in Thursday's PG: "A man who robbed a Westmoreland County bank and later returned most of the money still will face charges if the FBI can identify and apprehend him.
EON Capital Rises After Hong Leong Seeks Bank Stake (Update1) (Bloomberg)
20 December 2009
Dec. 21 (Bloomberg) -- EON Capital Bhd. , one of Malaysia’s smallest banks, surged to a 26-month high after billionaire Quek Leng Chan ’s Hong Leong Bank Bhd.
FTSE 100 seen higher after US stocks climb, Rentokil Initial demoted to FTSE 250 - Proactive Investors UK
20 December 2009
FTSE 100 seen higher after US stocks climb, Rentokil Initial demoted to FTSE 250Proactive Investors UKBailed out bank Lloyds (LSE: LLOY) led the fallers with a 4.7% slide. Fellow part-nationalised bank RBS (LSE: RBS) slid 3%, while another banking stock ...
Aditya Birla Group, SBI Card to offer co—branded credit cards - Hindu Business Line
20 December 2009
Aditya Birla Group, SBI Card to offer co—branded credit cardsHindu Business Line“The Aditya Birla Group already has a strong presence in the financial services business, as a significant player in the non—bank space. ...
Would you swap the City of London for Paris, or maybe Madrid? - eFinancialCareers UK
20 December 2009
Would you swap the City of London for Paris, or maybe Madrid?eFinancialCareers UKAt the weekend, The Telegraph cited a 'senior director' of a bank, who said he expects to move as many 200 staff to Paris over the coming year. ...
DIARY - Turkey - to Jan 21, 2010 - Reuters
20 December 2009
DIARY - Turkey - to Jan 21, 2010ReutersANKARA - Central Bank's interest-rate setting Monetary Policy Committee meets. *DAVOS, Switzerland - Turkish leaders expected to attend World Economic Forum ...
Blair rejects claims he is making himself rich after exit as PM - Thaindian.com
20 December 2009
Blair rejects claims he is making himself rich after exit as PMThaindian.comBlair earns two million-pounds-a-year as an advisor to US investment bank JP Morgan. He also has a lucrative contract to write his memoirs and earns ...
Harris Bank's Costello shows little progress in jump-starting growth - Crain's Chicago Business
20 December 2009
Crain's Chicago BusinessHarris Bank's Costello shows little progress in jump-starting growthCrain's Chicago BusinessEllen Costello is scaling back her ambitions for Harris Bank, three years after taking the helm with big expansion plans that she has yet to deliver on. ...
Chicago Spire twists in wind as union funds pass on bailout loan - Crain's Chicago Business
20 December 2009
Crain's Chicago BusinessChicago Spire twists in wind as union funds pass on bailout loanCrain's Chicago BusinessA spokeswoman for Shelbourne, which is battling eviction from its sales office at NBC Tower and a lawsuit by Bank of America Corp. over a $4.9-million loan ...