Banks News Updates
Commonwealth Bank Profit Rises 44%, Beating Estimates (Update3) (Bloomberg)
14 January 2010
Jan. 15 (Bloomberg) -- Commonwealth Bank of Australia , the nation’s biggest lender, said fiscal first-half cash profit rose 44 percent, more than analysts estimated, as bad-debt charges fell and equities rallied.
Commonwealth Bank Australia Flags Strong Rise In 1st Half Earnings (Fox News)
14 January 2010
Commonwealth Bank Australia Flags Strong Rise In 1st Half Earnings...
Mediaset Hires BNP, IMI, Deutsche Bank to Sell Bonds, Sole Says (Bloomberg)
14 January 2010
Jan. 15 (Bloomberg) -- Mediaset SpA , the television company controlled by Italian Prime Minister Silvio Berlusconi, hired BNP Paribas SA, Deutsche Bank AG and Banca IMI SpA to sell 300 million euros ($433 million) of bonds, Il Sole 24 Ore reported without saying where it got the information.
World Bank Survey Names Germany as Most Trade-Friendly Nation (Bloomberg)
14 January 2010
Jan. 15 (Bloomberg) -- The global trading system is becoming more efficient as uniform shipping and border-control methods help some countries emerge faster from the global recession, a World Bank report showed today.
Commonwealth Bank Half-Year Cash Profit Rises 44% (Update1) (Bloomberg)
14 January 2010
Jan. 15 (Bloomberg) -- Commonwealth Bank of Australia , the nation’s biggest lender, said first-half cash profit rose 44 percent from a year ago, boosted by fewer bad debts, improved equities markets and volume growth.
Volcker Calls for Support in Fighting Bank Lobby on Reforms (BusinessWeek)
14 January 2010
Paul Volcker, the former Federal Reserve chairman advising the Obama administration, said bank lobbyists are promoting “reform light” and blocking regulatory changes that would stave off future crises.
Ghana May See More Interest-Rate Cuts, Bank Governor Says (Bloomberg)
14 January 2010
Jan. 14 (Bloomberg) -- Ghana’s central bank will continue to cut its key lending rate if inflation, which reached a five- year peak last year, keeps slowing, Governor Kwesi Amissah- Arthur said.
Oil falls to $79 on concerns over US economy - Forex Pros
14 January 2010
Oil falls to $79 on concerns over US economyForex Pros"It is quite difficult for them to distinguish which part of a bank's trading activity is hedging or speculation." Crude and fuel inventories in top ...
FSS mulls legal action against Kookmin Bank after leak on regulatory audit - Yonhap News
14 January 2010
FSS mulls legal action against Kookmin Bank after leak on regulatory auditYonhap News15 (Yonhap) -- South Korea's Financial Supervisory Service (FSS) is considering taking legal action against Kookmin Bank for the alleged leaking of a memo ...
Special Stamps To Mark Bank Negara's Anniversary - Bernama
14 January 2010
Special Stamps To Mark Bank Negara's AnniversaryBernamaKUALA LUMPUR, Jan 15 (Bernama) -- Stamp collectors can now obtain the special premium stamps issued by Pos Malaysia in conjunction with Bank Negara's 50th ...
Construction of deepwater port in Sao Tome and Principe to begin in 2011 - Macauhub
14 January 2010
Construction of deepwater port in Sao Tome and Principe to begin in 2011MacauhubNegotiations are still under way with the European Investment Bank, one of the project partners. The Terminal Link representative said “significant progress ...
So many generous participants within the MW community - The Photo News
14 January 2010
The Photo NewsSo many generous participants within the MW communityThe Photo News... were also exceptionally generous along with the Bereaved Parent Support Group, several Girls Scout Troops, M&T Bank employees and the Woodbury Police. ...
Beiersdorf, Commerzbank, Lanxess, SAP: German Equity Preview - Bloomberg
14 January 2010
Beiersdorf, Commerzbank, Lanxess, SAP: German Equity PreviewBloombergThe shares will be bought by a bank on the stock exchange between Jan. 14 and March 31, the company said in a notification published in Boersen-Zeitung ...
India's HDFC Bank Q3 net rises 32 pct - Reuters
14 January 2010
India's HDFC Bank Q3 net rises 32 pctReutersThe New York-listed bank (HDB.N) posted a net profit of 8.19 billion rupees ($179 million) in the quarter to December compared with 6.22 billion rupees a ...