Banks News Updates
Dubai Islamic Bank launches Al Islami Takaful Riayati (AME Info)
1 January 2010
Dubai Islamic Bank (DIB) announced today the launch of Al Islami Takaful Riayati, a comprehensive accidental death and disability insurance plan offered at a very affordable annual premium.
Pakistani c.bank buys 120.25 bln rupees of govt paper (Reuters via Yahoo! Malaysia News)
1 January 2010
KARACHI, Jan 2 (Reuters) - Pakistan's central bank bought back 120.25 billion rupees ($1.43 billion) of treasury bills and government bonds on Saturday in 7-day reverse-repo contracts at 11.92 percent to inject funds into the money market.
Q&A: Bank's CEO choice displeases investor (Houston Chronicle)
1 January 2010
Jonathan Finger recently spoke about the outcome of the Bank of America campaign...
China Bank ends 2009 with 247 branches (Manila Bulletin)
1 January 2010
China Bank, the country’s first privately-owned bank, continues to expand its branch network around the country in 2009. The Bank opened 32 branches – 27 for the main bank and five for China Bank Savings – since the start of the year, including the branches which opened last December 28, Baguio City-Albano Branch, and today, December 29, Mala...
Bank robberies decrease in 2009 (Chicago Tribune)
1 January 2010
FBI credits arrests, bank closings and technology as reasons for decrease Characters such as the "Cub Fan Bandit" and the "Bomb Lady Bandit" are still out there, but the Chicago office of the FBI reports that its agents had far fewer bank robbers to find nicknames for in 2009.
Boston becoming Sovereign Bank's 'real' headquarters (Boston Herald)
1 January 2010
Boston has quietly become the de facto headquarters of Sovereign Bank. Most of Sovereign's top executives are now based in the Hub, far away from the bank's...
Number of Chicago bank robberies lowest since 2004 (Chicago Tribune)
1 January 2010
Characters such as the "Cub Fan Bandit" and the "Bomb Lady Bandit" are still out there, but the Chicago office of the FBI reports that its agents had far fewer bank robbers to find nicknames for in 2009. With crime down overall in Chicago this year, local leaders of the FBI said bank robbery joined the trend. With just about 190 bank heists reporte...
For family, 2nd death in custody of police - Florida Today
1 January 2010
For family, 2nd death in custody of policeFlorida Today"The thing about these two boys is that they hadn't robbed a bank," said their father, Preston Bussey Jr. "They weren't on drugs. ...
Boys 'better savers than girls' - Frontline
1 January 2010
Boys 'better savers than girls'FrontlineResearchers for Halifax Bank have carried out the study and found that the average boy in Britain under16 has 1089 pounds in a savings account, ...and more »...
Bay Street ends best year since '79 - Financial Post
1 January 2010
Financial PostBay Street ends best year since '79Financial PostBank shares were among the top index winners, helped by US economic data that showed a surprise drop in weekly US jobless claims. ...
Girl, 9, in hospital after plunge from second-floor window - The Herald
1 January 2010
Girl, 9, in hospital after plunge from second-floor windowThe HeraldPolice say she landed on a steep grassy bank around 30ft below the window, injuring her leg and face. Luckily, the bank had been softened by recent rain. ...
How to Protest Against the Big Bailed Out Bankster Run Banks - The Market Oracle
1 January 2010
The Market OracleHow to Protest Against the Big Bailed Out Bankster Run BanksThe Market OracleIf it's a local bank, you will be treated well. The FDIC insures all accounts up to $250000. Your money is as safe in a local bank as a bailed-out mega-bank ...and more »...
'Business snags higher recovery' - The Citizen Daily
1 January 2010
'Business snags higher recovery'The Citizen DailyThe year has also witnessed Tanzania signing the EAC Common Market, reducing Value Added Tax rate, opening Tanzania Women's Bank and launching of the Seacom ...
NAVs end higher as markets gain - Moneycontrol.com
1 January 2010
NAVs end higher as markets gainMoneycontrol.comHowever, selling in the last couple of hours in pharma & realty stocks along with Reliance Communications, JSPL, ICICI Bank, PNB, HUL, Idea & Reliance ...