Banks News Updates
Police arrest 2 in Bloomingburg bank robbery (Middletown Times Herald-Record)
16 January 2010
BLOOMINGBURG — State police arrested a 29-year-old Middletown woman and her 40-year-old male accomplice on Friday in connection with a bank robbery on Jan. 9.
Nett: FDIC data error showed bank loss instead of actual increase (Lubbock Avalanche-Journal)
16 January 2010
We're re-running last Sunday's chart on the market share of Lubbock's 24 banks because of a data error that misstated one bank's performance last year.
New emails show AIG mulled bank payment disclosures (Reuters via Yahoo! News)
16 January 2010
The New York Federal Reserve Bank actively worked with bailed out insurer AIG to build a case against disclosing details of AIG's payments to banks just days after the insurer considered making them public, documents released late on Saturday showed.
Alrajhi Bank achieves the highest profits among all Saudi banks (AME Info)
16 January 2010
Alrajhi explained that the bank annual financial results for the period ended 31/12/2009 as compared to the annual financial ended 31/12/2008 showed that the total operating income amounted to SR11,505m compared to SR10,575m, a rise of 9%, while net financing income and investments SR9,354m riyals compared to SR8,494m riyals in 2008, an increase of...
Antioch bank becomes first in Illinois to fail in 2010 (Daily Herald)
16 January 2010
An Antioch bank that closed its doors Friday and reopened Saturday was the first to fail in Illinois in 2010, and the fourth nationwide.
Alinma Bank Reports Fourth-Quarter Profit of 5.6 Million Riyals (Bloomberg)
16 January 2010
Jan. 16 (Bloomberg) -- Alinma Bank, a Saudi Arabian Islamic bank, reported net income of 5.6 million riyals ($1.5 million) in the fourth quarter. This compares with 38.6 million riyals in the third- quarter, the Riyadh-based lender said in a statement on the Sauid bourse Web site today.
Mass. Senate candidates shift to bank tax debate (AP via Yahoo! News)
16 January 2010
The Massachusetts Senate candidates clashed Saturday over President Barack Obama's proposed bank bailout tax, an issue Democrats and the president himself hope will win back voters angry about Wall Street abuses, the recession and high unemployment.
Property market in Qatar may recover this year - Middle East North Africa Financial Network
16 January 2010
Property market in Qatar may recover this yearMiddle East North Africa Financial NetworkMany are finding difficulty in paying back the hefty bank loans due to the low returns from their investments. Industry experts, however, believe that the ...
Names and Faces in Business for January 17 - MLive.com
16 January 2010
Names and Faces in Business for January 17MLive.comBy The Grand Rapids Press staff Founders Bank & Trust promoted Cheryl Famulak to vice president-loan processing and compliance and David Kinsman to vice ...
Palestinian Security Forces Arrest 12 Hamas Members, Including A Senior Qassam ... - International Middle East Media Center
16 January 2010
Palestinian Security Forces Arrest 12 Hamas Members, Including A Senior Qassam ...International Middle East Media CenterThe Security Forces of Palestinian President, Mahmoud Abbas, arrested on Sunday 12 Hamas members in the occupied West Bank, including a senior fighter and ...
More American banks shut down - Press TV
16 January 2010
Press TVMore American banks shut downPress TVThree banks in the United Sates have been shut down by state regulators, bringing the total number of bank failures in 2010 to four. Town Community Bank and ...
The War on Banks: Getting Curiouser and Curiouser - Seeking Alpha (blog)
16 January 2010
The War on Banks: Getting Curiouser and CuriouserSeeking Alpha (blog)Bank bashing in order to tap into the mob-rule psychology of the current populism undermines the ability of the administration's tax policies to be taken ...
Red flag raised on household debt - Korea Herald
16 January 2010
Red flag raised on household debtKorea HeraldAccording to the Bank of Korea yesterday, Korean households' total credit, including loans and credit purchases, grew at a much faster pace than their ...
Nearly 1 in 4 county residents depend on food stamps - Yakima Herald-Republic
16 January 2010
Yakima Herald-RepublicNearly 1 in 4 county residents depend on food stampsYakima Herald-RepublicOn a recent distribution day at the Salvation Army food bank on Sixth Avenue, a small crowd formed in the bare lobby. "Now we're getting all types," says ...