Banks News Updates
African Development Bank Expects to Lend $6 Billion This Year (Bloomberg)
20 February 2010
Feb. 20 (Bloomberg) -- The African Development Bank expects to grant loans totaling about $6 billion this year, with proposals to fund mining projects in Mauritania and Guinea, a port in Morocco and transport projects in South Africa currently under consideration.
Transient arrested in connection with bank robbery (Orange County Register)
20 February 2010
GARDEN GROVE Police arrested a 56-year-old transient in connection with a robbery that occurred at a local bank on Saturday morning. Daniel Luther Campbell was arrested on suspicion of bank robbery after bank security officers assisted police in...
Will bank stocks soar or dive this year? (Richmond Times-Dispatch)
20 February 2010
Questions about housing, credit may limit bank stocks Bank stocks rose like a phoenix from the financial ashes over the past year or so, lifting the results of the funds that owned them as well. It would seem logical that an economic recovery would loft them even higher in 2010. The problem is that nagging questions about government intervention, h...
World Bank admits 'not satisfied' with south Sudan spending (Malaysian Mirror)
20 February 2010
JUBA, Sudan -The World Bank said on Saturday it was "not satisfied" with its own management of a key fund to rebuild the war-shattered region of south Sudan, where less than half the money granted has been spent five years after the conflict ended.
OneWest Buys Failed Bank, Three Others Collapse as Toll Climbs (Bloomberg)
20 February 2010
Feb. 20 (Bloomberg) -- OneWest Bank, created out of the wreckage of IndyMac Bancorp, purchased a lender in Southern California as four banks were closed by regulators, sending the number of U.S. failures to 185 since 2007.
Woman and man arrested in fatal shooting outside Detroit bank (Detroit News)
20 February 2010
Detroit -- Police have arrested a 30-year-old woman and a 50-year-old man in connection with the Feb. 15 fatal shooting of a man near a Chase bank branch on Grand River.
Saudi British Bank More Than Doubled Bad Loan Provisions (Bloomberg)
20 February 2010
Feb. 20 (Bloomberg) -- Saudi British Bank , the lender 40 percent owned by HSBC Holdings Plc, more than doubled provisions for bad loans in the fourth quarter.
Vonn steady presence - Boston Globe
20 February 2010
Boston GlobeVonn steady presenceBoston GlobeVonn started 17th and perfectly executed the hard, right Frog Bank turn that had stalled Mancuso and others. Once Vonn cleared the Frog Bank turn, however, ...and more »...
Property scheme ends in tears - Fin24
20 February 2010
Property scheme ends in tearsFin24The moment the funding is obtained and paid into Katota's international bank accounts, guarantees will be issued to the developers, after which the ...
"The Good Guy" - Staunton News Leader
20 February 2010
"The Good Guy"Staunton News LeaderScott Porter (Jason Street on "Friday Night Lights") stars as Tommy Fielding, a hot shot broker for the fictional bank Morgan Brothers. ...
IceRays blank Rush - OurSports Central (press release)
20 February 2010
IceRays blank RushOurSports Central (press release)The IceRays will return to the American Bank Center on Thursday night to host the Rio Grande Valley Killer Bees. Tickets are currently on sale. ...and more »...
A Different Way To Invest Your IRA - LA Canyon News
20 February 2010
LA Canyon NewsA Different Way To Invest Your IRALA Canyon News“We act as the bank, since banks are hard to work with these days. We can do this regardless of the state of the economy,” said Mr. Jones. ...
Bahrain annual inflation rises to 1.8 pct in January - Interactive Investor
20 February 2010
Bahrain annual inflation rises to 1.8 pct in JanuaryInteractive InvestorBahrain's central bank governor, Rasheed al-Maraj, said last month that the central bank did not see any immediate inflationary pressure in Bahrain. ...
Diverse M&A scenarios floated on Woori - Korea Herald
20 February 2010
Diverse M&A scenarios floated on WooriKorea HeraldConsidering the prevailing view of government officials that Korea needs a giant bank to compete in the global financial market, a merger between Woori and ...