Banks News Updates



Euro Range against US Dollar at Risk Ahead of European Central Bank (Daily FX via Yahoo! Finance)


8 January 2010
Euro Range against US Dollar at Risk Ahead of European Central Bank Fundamental Forecast for Euro: Neutral - Euro Zone Unemployment hits 11-year high, Euro falters - Retail Sales likewise disappoint, raising questions ahead of ECB - Top event risk will be European Central Bank in the week ahead The Euro finished the week modestly higher against the...

Regulators shut Washington's Horizon Bank (AP via Yahoo! Finance)


8 January 2010
Regulators shut Horizon Bank in Bellingham, Wash., on Friday, the first bank closing of 2010. The Federal Deposit Insurance Corp. said that Seattle-based Washington Federal Savings and Loan Association has agreed to take on the deposits of Horizon Bank and to purchase essentially all of the bank's assets.

Regulators shut Washington's Horizon Bank (AP via Yahoo! News)


8 January 2010
Regulators shut Horizon Bank in Bellingham, Wash., on Friday, the first bank closing of 2010.

Finance Ministry, Bank Said to Favor JAL Bankruptcy (Update1) (Bloomberg)


8 January 2010
Jan. 9 (Bloomberg) -- The Japanese Ministry of Finance and the state-owned Development Bank of Japan support bankruptcy for Japan Airlines Corp. , two people familiar with the matter said.

Horizon Bank first U.S. bank failure of 2010 (Reuters via Yahoo! News)


8 January 2010
U.S. regulators closed Horizon Bank of Bellingham, Washington, on Friday, kicking off what has been forecast as a peak year for small bank failures.

Judge blocks bid to fire Argentine bank chief (AP via Yahoo! News)


8 January 2010
A judge reinstated Argentina's Central Bank chief on Friday, a day after President Cristina Fernandez fired him by emergency decree in a bitter fight over control of the bank's reserves.

Argentine Central Bank chief to challenge ouster (AP via Yahoo! News)


8 January 2010
A judge on Friday blocked Argentina's President Cristina Fernandez from using Central Bank reserves to pay part of the national debt and the government announced it will appeal, a day after Fernandez fired the bank's chief for balking at such payments.

Fed's Rosengren says jobs recovery to be slow - U.S. Daily (press release) (subscription)


8 January 2010
Fed's Rosengren says jobs recovery to be slowU.S. Daily (press release) (subscription)Boston Federal Reserve Bank President Eric Rosengren's remarks followed government data on Friday that showed US employers unexpectedly cut 85000 jobs in ...

Mylan pre-pays $196 million in bank term-loan borrowings that are due in 2011 - News-Medical.net


8 January 2010
Mylan pre-pays $196 million in bank term-loan borrowings that are due in 2011News-Medical.netMylan Inc. (Nasdaq: MYL) today announced that, in late December 2009, the company pre-paid $196 million in bank term-loan borrowings that were due in 2011. ...

US Secretary of State urges resumption of Mideast talks - Alarab online


8 January 2010
Alarab onlineUS Secretary of State urges resumption of Mideast talksAlarab online... Arab-Israeli war in 1967, moving in the direction of Palestinian demands for a state in the West Bank, Gaza Strip with east Jerusalem as its capital. ...

IFC, Sweden Create New Guarantee Facility to Support Central and Eastern ... - The FINANCIAL


8 January 2010
IFC, Sweden Create New Guarantee Facility to Support Central and Eastern ...The FINANCIALThe FINANCIAL -- IFC, a member of the World Bank Group, and Sida on January 8 signed an agreement for Sweden to provide up to $125 million (up to 1.2 ...

EIB provides EUR 37 million to improve air transport within Azores and Madeira - The FINANCIAL


8 January 2010
EIB provides EUR 37 million to improve air transport within Azores and MadeiraThe FINANCIALThe FINANCIAL -- The European Investment Bank (EIB) has granted a EUR 37 million (USD 53 million) loan to SATA Air Açores (SATA) for the acquisition of four ...and more »...

Montana: All-Northern 1B District Football Team - MaxPreps


8 January 2010
Montana: All-Northern 1B District Football TeamMaxPrepsDefense — Taylor Buck, DE, junior, Choteau; Bo Harris, DE, sophomore, Fairfield; Joseph Kienenberger, line, senior, Cut Bank; TJ Woods, line, senior, ...

Clach creditors back proposal to sell off social club and car park to meet debts - Press and Journal


8 January 2010
Clach creditors back proposal to sell off social club and car park to meet debtsPress and JournalAmong the creditors are the Royal Bank of Scotland and Highland Council, which is owed £45000 in rent arrears for the use of the football ground. ...