Banks News Updates
FirstRand Approaches Nigeria Central Bank on Purchase (Update1) (Bloomberg)
13 January 2010
Jan. 14 (Bloomberg) -- FirstRand Ltd ., South Africa’s second-biggest banking group, has registered with the Nigerian Central Bank to buy a lender in that country, Chief Executive Officer Sizwe Nxasana said.
Anger at bank's business service (BBC News)
13 January 2010
The Bank of Scotland is strongly criticised by its small business clients over changes to the way it handles corporate customers.
Indian Stocks Climb on Asian Development Bank’s Growth Forecast (Bloomberg)
13 January 2010
Jan. 14 (Bloomberg) -- Indian stocks rose for the second day, led by raw material producers, after the Asian Development Bank said growth in the region will accelerate this year, prompting speculation corporate earnings will increase.
EFG-Hermes Holdings in Talks to Sell Stake in Bank Audi (Bloomberg)
13 January 2010
Jan. 14 (Bloomberg) -- EFG-Hermes Holding SAE said it is in talks to sell all its stake in Bank Audi.
Celesio Shares Raised to ‘Buy’ From ‘Hold’ at Deutsche Bank (Bloomberg)
13 January 2010
Jan. 14 (Bloomberg) -- Celesio AG had its share rating increased to “buy” at Deutsche Bank AG, whose analysts Holger Blum and Gunnar Romer said the “worst is behind” the German drug wholesaler.
Emerging Markets Report: Argentine bank row clips goodwill from debt deal (Market Watch)
13 January 2010
A row between Argentina's president and the head of its central bank is giving investors a fresh reason to avoid Argentine stocks, which had rallied on government efforts to rebuild the country's image with international creditors.
Chile’s Central Bank May Keep Rate at Record Low on Deflation (Bloomberg)
13 January 2010
Jan. 14 (Bloomberg) -- Chile’s central bank will probably keep its benchmark interest rate unchanged at the record low first reached in July after the country recorded a fifth straight month of deflation.
Rate rises are hard to swallow - Irish Independent
13 January 2010
Rate rises are hard to swallowIrish IndependentThose on standard variable rates will bear the brunt while those on tracker mortgages will have to hope the European Central Bank (ECB) delays any increases ...
Russian markets -- Factors to Watch on Jan 14 - Interactive Investor
13 January 2010
Russian markets -- Factors to Watch on Jan 14Interactive Investor... today, a European Central Bank's decision on rates is expected, which might affect not only the forex market, but also stock exchanges. ...
GLOBAL MARKETS: European Stocks Seen Higher; ECB In Focus - FXstreet.com The Forex Market
13 January 2010
GLOBAL MARKETS: European Stocks Seen Higher; ECB In FocusFXstreet.com The Forex MarketAlso helping lift the Dow, JP Morgan rose 1.8%, while Bank of America rose 1.6%, as the hearing on Capitol Hill over the financial crisis took on less of a ...
Debtor Revolts: Don't Get Squeezed! - MyFox Los Angeles
13 January 2010
MyFox Los AngelesDebtor Revolts: Don't Get Squeezed!MyFox Los AngelesConsumer Attorney Benjamin Pavone says he relied on his Bank of America VISA card to cover his expenses while waiting for cases to settle. ...
BoE's Barker Confident The UK Economy Is Growing: Report - ForexTV.com
13 January 2010
BoE's Barker Confident The UK Economy Is Growing: ReportForexTV.com(RTTNews) - The Bank of England policy maker Kate Barker said she is confident that the UK economy is recovering and has started growing again, ...
European Shares May Open Higher - RTT News
13 January 2010
European Shares May Open HigherRTT NewsOn the economic front, a report on German Consumer Price Index is due for release and the European Central Bank is scheduled to decide on its benchmark ...
Federal charges planned in Westmoreland credit union heist - Tribune Review
13 January 2010
Federal charges planned in Westmoreland credit union heistTribune ReviewMathis faces up to life in prison if convicted of charges of armed bank robbery, conspiracy and using a firearm in the commission of a felony. ...