Banks News Updates
Forget Your Bank Account--Use Your Credit Card (Forbes)
26 February 2010
What if you used your credit card as a bank account? Believe it or not, this strange strategy could actually work.
Bank of America Pays Global Banking Chief Montag $29.9 Million (BusinessWeek)
26 February 2010
Bank of America Corp. gave Thomas Montag a $29.9 million compensation package in 2009 for running its global banking and markets units and to fulfill promises made when Merrill Lynch & Co. hired him in 2008.
Senator Dodd's bank super-cop may be dead: source (Reuters via Yahoo! News)
26 February 2010
A proposal for a single bank supervision agency drawn up by the Senate's chief architect of financial reform looks unlikely to survive negotiations over a landmark bill, said a source familiar with the discussions on Friday.
Nevada bank closes, total hits 21 for 2010 (Reuters via Yahoo! News)
26 February 2010
Regulators seized a small bank in Nevada on Friday, bringing the year total to 21 as small institutions continue to struggle with bad loans.
FDIC shuts bank in Nevada for year's 21st closure (AP via Yahoo! News)
26 February 2010
Regulators shut down Carson River Community Bank in Nevada on Friday, marking the 21st failure this year of a federally insured bank.
FDIC closes bank in Nevada for year's 21st closure (AP via Yahoo! News)
26 February 2010
Regulators have shut down Carson River Community Bank in Nevada, marking the 21st failure this year of a federally insured bank.
Greek PM meets Deutsche Bank chief on crisis (AP via Yahoo! News)
26 February 2010
Greek Prime Minister George Papandreou held talks with the head of Germany's biggest bank Friday on the country's wide-reaching debt crisis, under intense EU pressure to show quick signs of improvement or cut deeper into spending.
Business events scheduled for the coming month - Silver City Sun News
26 February 2010
Business events scheduled for the coming monthSilver City Sun NewsFRANKFURT—European Central Bank's governing council meets to set interest rates for the 16-nation euro zone. LONDON—Bank of England meets to set interest ...
ADB ready to launch financing for upgrade of Caucasus' biggest cement producer - Azerbaijan Business Center
26 February 2010
Azerbaijan Business CenterADB ready to launch financing for upgrade of Caucasus' biggest cement producerAzerbaijan Business CenterAnother bank is ready to join financing for the project of Garadagh Cement (GC) OJSC, key cement producer in Azerbaijan and South Caucasus, on construction ...
Riverheads rolls into Region B, Division 1 final - Staunton News Leader
26 February 2010
Riverheads rolls into Region B, Division 1 finalStaunton News LeaderAfter getting a pair of buckets from MacKorin Jenkins, including a bank shot from 18 feet, Page County hit just one of its final eight shots and committed ...
Tops need finale win, a little goodwill - Bowling Green Daily News
26 February 2010
Tops need finale win, a little goodwillBowling Green Daily NewsThe Hilltoppers will wrap up the regular season tonight in a 7 pm matchup against Florida International at US Century Bank Arena. ...and more »...
Market trending higher - Moneylife Personal Finance Magazine
26 February 2010
Market trending higherMoneylife Personal Finance MagazineThe FM also said that the Reserve Bank of India may give banking licences to some more private-sector players and NBFCs. The government announced before the ...and more »...
Chanda Kocchar hails Budget: FM is a 'smart CFO' - Moneycontrol.com
26 February 2010
Chanda Kocchar hails Budget: FM is a 'smart CFO'Moneycontrol.com... a panel of market and industry experts, including Chanda Kochhar, Managing Director and Chief Executive Officer of ICICI Bank; Bharat Doshi, ...
Yuan forwards strengthen on currency stress-test report - China Post
26 February 2010
Yuan forwards strengthen on currency stress-test reportChina Post... probably since the end of last year,” said Stephen Green, head of China research at Standard Chartered Bank Plc in Shanghai. ...and more »...