Banks News Updates
Deutsche Bank May Post Smallest Profit of Year as Trading Slows (Bloomberg)
2 February 2010
Feb. 3 (Bloomberg) -- Deutsche Bank AG , Germany’s biggest bank, may report its smallest quarterly profit of 2009 following a slowdown in fixed-income trading.
Norges Bank May Pause Interest Rate Rises to Curb Krone Gains (Bloomberg)
2 February 2010
Feb. 3 (Bloomberg) -- Norway’s central bank will probably keep its benchmark interest rate unchanged today, after raising it twice last quarter, to contain krone gains that threaten to choke a recovery in export markets.
Bank of England to stop pumping cash: analysts (AFP via Yahoo! News)
2 February 2010
The Bank of England on Thursday is expected to call an end to its radical policy of pumping out new money after Britain narrowly emerged from recession in the fourth quarter of 2009, analysts said.
Man robs bank in Kane County (Chicago Tribune)
2 February 2010
The Kane County Chronicle reports : A man robbed a Chase Bank at 130 S. Batavia Ave. in Batavia early tonight. No injuries were reported. Get the full story : kcchronicle.com ...
Bank of America Said to Pay Bankers Average Bonus of $400,000 (BusinessWeek)
2 February 2010
Bank of America Corp., the nation’s largest lender, will pay investment-banking employees bonuses of about $4.4 billion for last year, or an average of $400,000 each, a person close to the bank said.
SC cops: Jaguar driver, 71, behind bank robberies (AP via Yahoo! News)
2 February 2010
No one expected Frank Palazzo to rob a bank when the 71-year-old painting contractor rolled up to one in his silver Jaguar.
Private growth forecasts beat Bank of Canada view (Reuters via Yahoo! News)
2 February 2010
Private-sector economists reporting to the Canadian government have raised their growth forecast for 2010 and predict substantially stronger growth after 2011 than the Bank of Canada expects.
EON Bank targets RM200m for bancassurance business for 2010 - The Edge Malaysia
2 February 2010
EON Bank targets RM200m for bancassurance business for 2010The Edge MalaysiaKUALA LUMPUR: EON Bank Group is targeting RM200 million for its bancassurance business in 2010, with part of the amount from its tie-up with Uni. ...
Rested Bollinger, Watson return for Windies - Cricdb.com
2 February 2010
Rested Bollinger, Watson return for WindiesCricdb.com... has named a largely unchanged squad for the opening two Commonwealth Bank Series matches against the West Indies," NSP Chairman Andrew Hilditch said. ...
Healy stuns Dons - Yahoo! Eurosport
2 February 2010
Healy stuns DonsYahoo! Eurosport... of chances in the second half, however they held on for all three points to lift themselves off the bottom of the Clydesdale Bank Premier League table. ...
10 years is a fine lifespan for a cartoon tiger - Montreal Gazette
2 February 2010
10 years is a fine lifespan for a cartoon tigerMontreal GazetteWhat do you tell the judge when you're found in a bank after hours, knee-walkin' drunk and with a loaded handgun in your pocket? ...
US Bancorp, Santander In Mexican Deal - Emii.com
2 February 2010
US Bancorp, Santander In Mexican DealEmii.comWith the alliance, the Spanish bank and Elavon will provide acquiring services to Santander's existing and potential merchants. ...
L&T, ICICI Bank lift Sensex to rally; CD, Metal up - Myiris.com
2 February 2010
L&T, ICICI Bank lift Sensex to rally; CD, Metal upMyiris.comIt was followed by ICICI Bank (31.89 points), Reliance Industries (30.65 points), Infosys Technologies (30.31 points) and Housing Development Finance ...
Coca-Cola Femsa Plans $500M Debt Issue - Emii.com
2 February 2010
Coca-Cola Femsa Plans $500M Debt IssueEmii.comThe offering will be managed by Bank of America and Goldman Sachs. The size of the issue was increased from initially planned $400 million, adds Reuters.