Banks News Updates
Shanghai Pudong Bank's 2009 Net Income Rises 5% (Fox News)
4 January 2010
Shanghai Pudong Bank's 2009 Net Income Rises 5%...
Agricultural Bank of China plans IPOs: state media (AFP via Yahoo! News)
4 January 2010
State-owned Agricultural Bank of China plans to raise up to 150 billion yuan (22 billion dollars) through initial public offerings in Shanghai and Hong Kong, state media reported Tuesday.
Ag Bank of China reportedly planning huge IPOs (Market Watch)
4 January 2010
The Agricultural Bank of China is planning to go public via a dual listing in Shanghai and Hong Kong as early as April, potentially raising as much as $22 billion in the share sale, according to a state media report.
Shanghai Pudong Bank 2009 Profit Gains 5.4% to $1.93 Billion (Bloomberg)
4 January 2010
Jan. 5 (Bloomberg) -- Shanghai Pudong Development Bank Co. said net income rose 5.4 percent last year to 13.2 billion yuan ($1.93 billion), according to a preliminary earnings report filed to Shanghai’s stock exchange. Revenue rose 5.3 percent to 36.4 billion yuan, the bank said.
Shanghai Pudong Bank 2009 Profit Gains 5.4% to $1.93 Billion (BusinessWeek)
4 January 2010
Shanghai Pudong Development Bank Co. said net income rose 5.4 percent last year to 13.2 billion yuan ($1.93 billion), according to a preliminary earnings report filed to Shanghai’s stock exchange. Revenue rose 5.3 percent to 36.4 billion yuan, the bank said. The lender said its non- performing loan ratio was 0.8 percent and that its coverage rati...
Bank of America’s Chief Sees Recession Impact Fading (Update3) (Bloomberg)
4 January 2010
Jan. 4 (Bloomberg) -- Bank of America Corp. Chief Executive Officer Brian T. Moynihan , in his first week leading the largest U.S. lender, said the recession’s impact is fading and the bank’s biggest acquisitions are over, allowing him to focus on rebuilding relationships with customers.
Talbots amends credit facility to repay bank loans (AP via Yahoo! News)
4 January 2010
Clothing retailer Talbots Inc. said Monday it has amended its secured revolving loan agreement with shareholder Aeon Co. to repay all of its outstanding third-party bank debt.
Two G'town pupils among top 5% - Weekend Post
4 January 2010
Two G'town pupils among top 5%Weekend PostHis father is a professor in human resources at the University of Stellenbosch and his mother a project manager at the Development Bank of Southern Africa. ...
British International Freight Association Detail HM Revenue And Customs ... - The Handy Shipping Guide
4 January 2010
The Handy Shipping GuideBritish International Freight Association Detail HM Revenue And Customs ...The Handy Shipping GuideDuring 2009 HMRC switched bank accounts away from the established Bank of England facilities to new accounts with Citi and the Royal Bank of Scotland. ...
Northwestern Mutual Taps Isobar_Molecular to Energize and Enhance Its ... - DMN Newswire (press release) (subscription)
4 January 2010
Northwestern Mutual Taps Isobar_Molecular to Energize and Enhance Its ...DMN Newswire (press release) (subscription)... Mutual Wealth Management Company, limited purpose federal savings bank; and Northwestern Long Term Care Insurance Company; and Russell Investments. ...
New currency notes this year - Lanka Times
4 January 2010
New currency notes this yearLanka TimesThe Central bank says it would issue a new series of currency notes, the eleventh in the series of notes issued by the bank, to mark its 60th Anniversary ...
God Is a Twelve-Year-Old Boy With Asperger's - Pitchfork Media
4 January 2010
God Is a Twelve-Year-Old Boy With Asperger'sPitchfork Media... sharpness of the material earlier in his set, and it pales next to the similar "Fleet Bank" bit from The Absurd Nightclub Comedy of Eugene Mirman. ...
CB governor warns against recklessness - Lanka Times
4 January 2010
CB governor warns against recklessnessLanka TimesCentral Bank Governor Ajith Nivard Cabraal said reckless new public expenditure of the government would be disastrous to the economy and if new money was to ...
GLOBAL MARKETS-Asia stocks hit 17-mth peak on risk appetite - Forexyard
4 January 2010
GLOBAL MARKETS-Asia stocks hit 17-mth peak on risk appetiteForexyardExpectations that the central bank could soon raise interest rates are helping drive the currency higher following a string of bullish data on Asia's ...