Banks News Updates
Iranian Bank Wins Ruling Against UK Sanctions (ABC News)
24 February 2010
Iran's Bank Mellat wins court ruling against UK sanctions, government will appeal Iran - Middle East - Mellat Bank - Politics - Sanctions...
Royal Bank of Scotland in 2009 loss of 3.6B pounds (AP via Yahoo! News)
24 February 2010
Government-controlled Royal Bank of Scotland Group PLC reported Thursday a loss of 3.6 billion pounds ($5.5 billion) for 2009, ahead of market forecasts, as income rose by 34 percent.
Royal Bank of Scotland Narrows '09 Loss (TheStreet.com)
24 February 2010
Royal Bank of Scotland narrowed its 2009 loss to 3.6 billion pounds from a year-earlier loss of 24.3 billion pounds. The bank said it appears impairments have peaked.
Ahli United Bank Posts Quarterly Net of $17 Million After Loss (Bloomberg)
24 February 2010
Feb. 25 (Bloomberg) -- Ahli United Bank BSC, Bahrain’s largest lender, posted a fourth-quarter profit of $17 million after reporting a $24.4 million loss in the year-earlier period.
Brazil Boosts Bank Reserve Requirements, Tightening Liquidity (Bloomberg)
24 February 2010
Feb. 24 (Bloomberg) -- Brazilian banks will have to deposit an additional 71 billion reais ($39 billion) at the central bank after policy makers unwound anti-crisis measures.
Bank of America Warrants May Lure Bidders Seeking 30% Windfall (Bloomberg)
24 February 2010
Feb. 25 (Bloomberg) -- The U.S. Treasury Department’s auction of bailout warrants tied to Bank of America Corp. may raise about $1 billion if bidders conclude it’s their third chance to earn 30 percent in a matter of weeks.
Zayat says he will fight bank to keep horses (Sports Illustrated)
24 February 2010
LOUISVILLE, Ky. (AP) -- Thoroughbred owner Ahmed Zayat, whose 200-plus racehorse stable includes a top Kentucky Derby contender, said Wednesday he has a credible plan to prevent a bank from forcing him to sell his horses.
Coal-fired power termed must for Pakistan - PakTribune.com
24 February 2010
Coal-fired power termed must for PakistanPakTribune.com“There is not going to be any problem in securing the finances when we are using technology, which meets World Bank standards”, he said. ...
RBS pay £1.3 billion despite losses - Only Kent (blog)
24 February 2010
RBS pay £1.3 billion despite lossesOnly Kent (blog)The Royal Bank of Scotland (RBS), will pay out £1.3 billion in bonuses to its investment bankers this comes after the company have reported a £3.6 billion ...
Kingsville tops Buffs on buzzer beater - Amarillo.com
24 February 2010
Kingsville tops Buffs on buzzer beaterAmarillo.comWT concludes its regular season Saturday night, hosting Abilene Christian at 6 pm in the First United United Bank Center at Canyon. Tickets are $3.
Warby Parker: Sparing Pockets, Saving Style - Yale Daily News (blog)
24 February 2010
Warby Parker: Sparing Pockets, Saving StyleYale Daily News (blog)... five pairs to try on at home and choose the one you like best (or decide against them all) and ship the rest back with no burden to your bank account. ...
Bismarck llibrary's used book sale next week - Bismarck Tribune
24 February 2010
Bismarck llibrary's used book sale next weekBismarck TribuneGate City Bank has donated 600 recycled material cloth bags that the Friends may use for the book sale. Proceeds from the sale have funded special ...
Quinton blasts African Stars' €80, 000 demand - Informante
24 February 2010
Quinton blasts African Stars' €80, 000 demandInformanteHe scored the only goal for Al-Nes last weekend from a free-kick to put his club on top of the West Bank League, but mourns that even if he helps the side ...
Sri Lankan NTB Dec net up 5-pct full year up 16-pct - Lanka Business Online
24 February 2010
Sri Lankan NTB Dec net up 5-pct full year up 16-pctLanka Business OnlineFeb 25, 2010 (LBO) – Sri Lanka's Nation Trust Bank (NTB) group December quarter profits rose 5.0 percent to 181.1 million rupees from a year ago, ...