Banks News Updates
Gunman steals cash in bank raid (BBC News)
16 February 2010
A gunman threatens a member of staff at a bank in Oxfordshire before fleeing with a large amount of cash.
Bahrain Said to Hire JPMorgan, Deutsche Bank, BNP for Bond Sale (Bloomberg)
16 February 2010
Feb. 17 (Bloomberg) -- Bahrain, the smallest oil producer among the six Gulf Arab states, hired JPMorgan Chase Bank NA, Deutsche Bank AG and BNP Paribas SA to manage the sale of a $1 billion-dollar bond, said a banker familiar with the deal.
Deutsche Bank Plans to Sell BHF-Bank, Handelsblatt Reports (Bloomberg)
16 February 2010
Feb. 17 (Bloomberg) -- Deutsche Bank AG will sell BHF-Bank AG, a wealth manager it acquired when it took over Sal. Oppenheim Group, Handelsblatt reported, citing unidentified people familiar with the matter.
Temasek Holdings Reduces Stake in India’s ICICI Bank to 5.9% (Bloomberg)
16 February 2010
Feb. 17 (Bloomberg) -- Temasek Holdings Pte, Singapore’s state investment firm, reduced its stake in ICICI Bank Ltd . to 5.9 percent as of Sept. 29, according to a filing with the U.S. Securities and Exchange Commission.
Bank of America Sues to Force Stuyvesant Town Foreclosure, Sale (Bloomberg)
16 February 2010
Feb. 17 (Bloomberg) -- Trustees including Bank of America Corp. , acting on behalf of senior creditors holding $3 billion in debt on Manhattan’s Stuyvesant Town-Peter Cooper Village apartments, asked for court approval to foreclose on the 80-acre property and have it sold.
Lisa Twaronite's This Week in Japan: Will Bank of Japan target prices? (Market Watch)
16 February 2010
Will the Bank of Japan say anything about a price target, after Japan's finance minister says the government and BOJ both aim for now-tumbling domestic prices to rise about 1% a year?
Tax Evasion Case Draws in Another Bank (New York Times)
16 February 2010
A wealthy investor in Virginia pleaded guilty on Tuesday to criminal tax evasion through an international bank, said by a person briefed on the case to be HSBC , one of the world’s largest private banks, The New York Times’s Lynnley Browning reports.
Phil Sheridan: For Jacobellis, tears and class | Philadelphia Inquirer | 02/17 ... - Philadelphia Inquirer
16 February 2010
Phil Sheridan: For Jacobellis, tears and class | Philadelphia Inquirer | 02/17 ...Philadelphia InquirerI was just going off the first jump into the first bank turn. I got a little off-balance. When you're not completely centered on your board, it's hard to go ...
Some Fund May Be Used for Drug Dealing - VIVAnews.com
16 February 2010
Some Fund May Be Used for Drug DealingVIVAnews.comVIVAnews - An account holder in South Jakarta named Muhammad Toib allegedly received Rp 20 billion worth of fund from Bank Century. The money was reportedly ...
GAMC plan could hurt county, too - Northfield News (subscription)
16 February 2010
GAMC plan could hurt county, tooNorthfield News (subscription)... Hospital President and CEO Ken Bank. The shortfall wouldn't likely affect any of the hospital's services, Bank said, and would be absorbed by the hospital.
Koda scam: Raids continue, valuable documents seized - India Talkies
16 February 2010
India TalkiesKoda scam: Raids continue, valuable documents seizedIndia TalkiesMore than 100 bank lockers and Hawala transactions were traced during search operations. While Koda is in jail on charges of having assets disproportionate ...
Japan's Yields May Rise on 'Next Greece' Concern, Mizuho Says - Bloomberg
16 February 2010
Japan's Yields May Rise on 'Next Greece' Concern, Mizuho SaysBloombergConcern that China's central bank will take further steps to slow its economy may combine with speculation about the widening budget deficits of Greece, ...
Whiteaker bike shop folds after seven years | Revolution Cycles is locked out ... - The Register-Guard
16 February 2010
Whiteaker bike shop folds after seven years | Revolution Cycles is locked out ...The Register-GuardThe closure came after Century Bank sued Ayrsman Enterprises, the company doing business as Revolution Cycles, alleging that Ayrsman did not make good on a ...
Interest rate hike is 'not far away': BOK chief - Yonhap News
16 February 2010
Yonhap NewsInterest rate hike is 'not far away': BOK chiefYonhap News17 (Yonhap) -- An interest rate hike by the South Korean central bank is "not far away" because the private sector is again becoming self-sufficient, ...