Banks News Updates
Indonesia leader faces bank anger (BBC News)
3 March 2010
Indonesia's President Yudhoyono under pressure after parliament demands legal action against two top reformers over a bank bailout.
Indonesia president to address nation on bank bailout (AFP via Yahoo! News)
3 March 2010
Indonesia's president is expected to address the nation Thursday in a bid to save his fragile coalition after parliament called for a criminal probe into a controversial bank bailout two years ago.
Standard Bank Full-Year Profit Falls 20% on Bad Loans (Update1) (Bloomberg)
3 March 2010
March 4 (Bloomberg) -- Standard Bank Group Ltd. , Africa’s largest bank, said full-year profit fell 20 percent as customers battled to repay loans amid South Africa’s economic slump.
Asian Stocks Fall on China Bank Lending Concern, Yen Strength (Bloomberg)
3 March 2010
March 4 (Bloomberg) -- Asian stocks fell for the first time in five days as China’s Industrial Bank Co. predicted slower growth in new lending and a stronger yen weighed on Japanese companies reliant on overseas profits.
Bank of China Plans $3.7 Billion of Subordinated Debt (Update1) (Bloomberg)
3 March 2010
March 4 (Bloomberg) -- Bank of China Ltd. , the nation’s second-largest lender by market value, plans to sell 24.93 billion yuan ($3.7 billion) of subordinated bonds next week to replenish capital.
Deutsche Bank Hires Credit Suisse’s Konstam for Rates (Update1) (Bloomberg)
3 March 2010
March 3 (Bloomberg) -- Deutsche Bank AG , Germany’s biggest bank, named Dominic Konstam of Credit Suisse Group AG a managing director for fixed-income research.
Deutsche Bank to Double Assets Managed for Rich Indian Expats (Bloomberg)
3 March 2010
March 4 (Bloomberg) -- Deutsche Bank AG , Germany’s biggest bank, plans to double the assets it manages for wealthy Indians living overseas to $10 billion in three years and will hire more bankers in Asia to capture the growing market.
FOREX-Euro dips before ECB but Greece hopes support - Alibaba News Channel
3 March 2010
FOREX-Euro dips before ECB but Greece hopes supportAlibaba News ChannelTOKYO, March 4 - The euro eased against the dollar on Thursday ahead of a European Central Bank meeting but retained some support as investors encouraged by ...
Student musicians can audition Saturday - Hudson Sun
3 March 2010
Student musicians can audition SaturdayHudson SunThis concert is funded and sponsored in part by the Ezra Cutting Trust Fund as administered by the US Trust Company, Bank of America Private Wealth ...
Bank robbery arrest made - Omaha World-Herald
3 March 2010
Bank robbery arrest madeOmaha World-HeraldPolice have nabbed a man they suspect of robbing the Bank of the West branch on 8707 West Center Road. A man entered the bank shortly after 11 am Monday, ...
Beiersdorf, Fielmann, Lanxess: German Equity Preview - Bloomberg
3 March 2010
Beiersdorf, Fielmann, Lanxess: German Equity PreviewBloombergDeutsche Bank AG (DBK GY): Germany's biggest bank plans to double the assets it manages for wealthy Indians living overseas to $10 billion in three years ...
European, US Stock-Index Futures Fall; Asian Shares Decline - Bloomberg
3 March 2010
European, US Stock-Index Futures Fall; Asian Shares DeclineBloombergMarch 4 (Bloomberg) -- European stock-index futures dropped and Asian shares fell as China's Industrial Bank Co. forecast slower growth in new ...
Argentina To Offer $20B Debt Revamp - Emii.com
3 March 2010
Argentina To Offer $20B Debt RevampEmii.com... time since its 2001 default on $95 billion of bonds. The Central Bank of Argentina directors have approved the transfer of $6.6 billion to the Treasury.
Rural Enterprise Project assists apprentices with tools - Ghana News Agency
3 March 2010
Rural Enterprise Project assists apprentices with toolsGhana News AgencyThe Government of Ghana, International Fund for Agricultural Development, and the African Development Bank contributed a total of GH¢ 8000 towards the ...