Banks News Updates
Walton & Co. Seeks to Start New Bank Once U.K. License Granted (Bloomberg)
21 January 2010
Jan. 22 (Bloomberg) -- Walton & Co. said it’s seeking to develop and start a new U.K. bank once it’s granted a banking license by the Financial Services Authority.
Australian, N.Z. Dollars Gain After China Central Bank Comments (Bloomberg)
21 January 2010
Jan. 22 (Bloomberg) -- The Australian and New Zealand dollars rose, paring the biggest weekly loss this year, after China’s central bank reaffirmed its moderately loose monetary policy, boosting demand for higher-yielding assets.
Bank Indonesia ‘Confident’ Will Meet Inflation Target (Update1) (Bloomberg)
21 January 2010
Jan. 22 (Bloomberg) -- Bank Indonesia is “confident” the country will meet the central bank’s inflation target this year, Senior Deputy Governor Darmin Nasution said today.
Geithner aired concern on bank limits: sources (Reuters via Yahoo! News)
21 January 2010
Treasury Secretary Timothy Geithner has expressed some skepticism behind closed doors about the broad bank limits proposed on Thursday by his boss, President Barack Obama, according to financial industry sources.
Lawmakers angry over bank closure (AP via Yahoo! News)
21 January 2010
Federal regulators received a verbal lashing Thursday from House lawmakers over the shutdown of a Chicago bank strongly tied to the local community and the government's handling of bank closings.
Obama Bank Plan Roils Markets (Forbes)
21 January 2010
The president's proposals to limit bank risk-taking slam stocks. Credit card firms make a comeback.
Bid to kill bank bailout fund fails in Senate (Reuters via Yahoo! News)
21 January 2010
The Senate on Thursday defeated a Republican effort that would have prevented the Obama administration from using bank bailout funds to help fix roads or boost small businesses.
Key 10-year JGB yield down on Japanese, US stock declines - Kyodo News
21 January 2010
Key 10-year JGB yield down on Japanese, US stock declinesKyodo News... fled to safe-haven bonds after a decline in Japanese and US stocks following US President Barack Obama's proposal for tougher bank regulations. ...and more »...
China Yuan Flat In Thin Trade On Steady Central Parity - Wall Street Journal
21 January 2010
China Yuan Flat In Thin Trade On Steady Central ParityWall Street JournalThe People's Bank of China plans to expand the trial program that uses the Chinese yuan to settle trade, the state-run Shanghai Securities News reported ...
Geithner reportedly wary on bank reform plan - MarketWatch
21 January 2010
Geithner reportedly wary on bank reform planMarketWatchBy MarketWatch LOS ANGELES (MarketWatch) -- US Treasury Secretary Timothy Geithner expressed support for enacting President Barack Obama's banking reforms ...
Dividend 15 Split Corp. Regular Monthly Dividend Declaration - PR-USA.net (press release)
21 January 2010
Dividend 15 Split Corp. Regular Monthly Dividend DeclarationPR-USA.net (press release)Dividend 15 invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, ...and more »...
Nikkei 225 Slumps Most in Two Months on US Bank Proposal, China Concerns - Bloomberg
21 January 2010
Nikkei 225 Slumps Most in Two Months on US Bank Proposal, China ConcernsBloombergJan. 22 (Bloomberg) -- Japanese stocks slumped after the US government proposed to reduce risk-taking at banks and ...
Asia markets plunge on Obama bank crackdown - Times Online
21 January 2010
Asia markets plunge on Obama bank crackdownTimes OnlineNever again will the American taxpayer be held hostage by a bank that is too big to fail.” Flanked by his economic advisers, he said that Wall Street banks ...
Financial 15 Split Corp. Regular Monthly Dividend Declaration for Class A and ... - PR-USA.net (press release)
21 January 2010
Financial 15 Split Corp. Regular Monthly Dividend Declaration for Class A and ...PR-USA.net (press release)Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and US issuers as follows: Bank of ...and more »...