Banks News Updates
Seven Nabbed For Attempted Fraud Against UAE Central Bank (Bernama)
23 January 2010
DUBAI, Jan 24 (Bernama) -- Police have arrested seven people in connection with a case to fraudulently withdraw nearly 38 billion dirhams (RM35 billion) from the Central Bank of the United Arab Emirates (UAE).
Business : Pressure for bank reforms to rise at Davos meet (Khaleej Times)
23 January 2010
ZURICH - Pressure for bank reforms is set to grow at a gathering of the world’s elite at Davos this week, shortly after US President Barack Obama set the stage with an offensive against Wall Street excesses.
Bank of China to sell up to $5.8B in bonds (MalaysiaNews.net)
23 January 2010
BEIJING (AP): Bank of China plans to sell up to 40 billion yuan ($5.8 billion) in bonds to replenish its capital and meet government standards following a record surge in lending last year amid Beijin...
Swiss bank UBS may not need to reveal tax details (MalaysiaNews.net)
23 January 2010
A client of Swiss bank UBS has won an appeal which will prevent him having to hand over account details to US tax authorities.
Regions Bank warned IFDA trust fund in trouble (The State Journal-Register)
23 January 2010
State regulators spent more than a year pondering the financial catastrophe that was a pre-need funeral trust fund administered by the Illinois Funeral Directors Association, but it didn’t take Regions Bank long to figure out that the trust was in deep trouble.
Saying he needs gas money, man robs Fort Worth bank (Fort Worth Star-Telegram)
23 January 2010
Police were looking for a middle-aged man who robbed a west-side bank Saturday morning because "he needed money for gas."...
Bank of China to sell up to $5.8B in bonds (AP via Yahoo! Finance)
23 January 2010
Bank of China plans to sell up to 40 billion yuan in bonds to replenish its capital and meet government standards following a record surge in lending last year amid Beijing's stimulus measures, a state-run news agency reported.
Qatar: Commercialbank 4th quarter net profit up 33% - Al-Bawaba
23 January 2010
Qatar: Commercialbank 4th quarter net profit up 33%Al-BawabaCommercialbank (“the Bank”), the largest private sector bank in Qatar, announces its full financial results for the year ended 31 December 2009. ...
Photo: Helping feed the hungry - Juneau Empire
23 January 2010
Photo: Helping feed the hungryJuneau EmpireLast year, the food bank distributed 85 tons of food. For donation information, call 789-6184 or visit http://www.foodbankofalaska.org/.
From spas to banks, Mexico economy rides on drugs - Moneycontrol.com
23 January 2010
From spas to banks, Mexico economy rides on drugsMoneycontrol.comA United Nations report on the global drug trade in 2009 said that "at a time of major bank failures, money doesn't smell, bankers seem to believe. ...and more »...
Ng Eng Hen wants Singapore to attract people with “stroke of genius” - The Temasek Review (blog)
23 January 2010
Ng Eng Hen wants Singapore to attract people with “stroke of genius”The Temasek Review (blog)... bank, insurance, telecommunication, IT, even waste disposal, funeral and caskets business. For those that has been voting for pap pls wake up. ...and more »...
Jeremiah's 'lover' is not wife material - Times of Swaziland
23 January 2010
Jeremiah's 'lover' is not wife materialTimes of SwazilandThe Apostle is going through tough times in his life, he needs a friend's support like SWAZI BANK (NEVER BEFORE). This is a time when he has no wife to talk ...
ADIB inaugurates Service Office at Abu Dhabi Police General Directorate Complex - Al-Bawaba
23 January 2010
ADIB inaugurates Service Office at Abu Dhabi Police General Directorate ComplexAl-BawabaAbu Dhabi Islamic Bank (ADIB), a leading regional Islamic bank, has inaugurated its Service Office at the Human Resources Department inside the General ...
Mitchell to try again with Netanyahu early Sunday - The Richmark Sentinel
23 January 2010
Mitchell to try again with Netanyahu early SundayThe Richmark SentinelAbbas has refused to budge on his conditions that demand that Israel freeze all construction in the West Bank and east Jerusalem before talks can be resumed ...and more »...