Banks News Updates
China central bank to keep yuan basically stable (Reuters via Yahoo! News)
5 March 2010
China's central bank pledged on Saturday to keep the yuan's exchange rate basically stable in 2010 and said it would be flexible in implementing its fairly loose pro-growth monetary policy.
Regulators close Centennial Bank in Utah (Reuters via Yahoo! News)
5 March 2010
U.S. bank regulators on Friday closed Centennial Bank of Odgen, Utah, bringing the number of failed banks so far this year to 26.
China central bank to keep yuan basically stable (Reuters via Yahoo! News)
5 March 2010
China's central bank pledged on Saturday to keep the yuan's exchange rate basically stable in 2010 and said it will enhance coordination with its foreign counterparts on major policy issues.
Fla. bank shuttered, 23rd US bank closure in 2010 (AP via Yahoo! News)
5 March 2010
Regulators have shut down a bank in Florida, boosting to 23 the number of bank failures in the U.S. so far this year following the 140 brought down in 2009 by mounting loan defaults and the recession.
Six Palestinian family members killed West Bank crash (Reuters via Yahoo! News)
5 March 2010
Six Palestinian family members were killed in a car collision with an Israeli military vehicle in the occupied West Bank Friday, Palestinian police and the Israeli army said.
Violent clashes in Jerusalem, West Bank (AP via Yahoo! News)
5 March 2010
Israeli troops clashed with Palestinian stone-throwers at two contested holy sites and in a West Bank village Friday, seriously injuring a Palestinian woman and a 14-year-old boy, officials and witnesses said.
Iceland PM appeals for voters to shun bank referendum (AFP via Yahoo! News)
5 March 2010
Iceland's premier Friday called for a new debt repayment deal with London and The Hague for a collapsed bank, while urging voters to shun a "meaningless" referendum on the controversy.
ATM machine dispenses 'washed-out' RM50 notes - New Straits Times
5 March 2010
ATM machine dispenses 'washed-out' RM50 notesNew Straits TimesSakina then brought up the matter with the bank concerned and Bank Negara which agreed to investigate. Bank Negara had earlier issued a press statement, ...
GIR soars further to $45.7b - Manila Standard Today
5 March 2010
GIR soars further to $45.7bManila Standard Today... as well as revaluation gains on the bank's gold holdings brought about by the increase in the price of gold in the international market. ...
Gang stole names of dead babies to use in bank scam - WalesOnline
5 March 2010
Gang stole names of dead babies to use in bank scamWalesOnlineA NIGERIAN gang which stole the identities of dead babies and then plundered bank accounts set up in their name was jailed yesterday. The gang of three, ...
4 more banks collapse; 2010 failure tally 26 - The Money Times
5 March 2010
The Money Times4 more banks collapse; 2010 failure tally 26The Money TimesThere seems to be no end to bank failures in the nation. Reeling under the effects of recession, four more banks have been shut down by federal regulators ...
NFL Free Agency: Green Bay Packers on Day One - Bleacher Report
5 March 2010
Bleacher ReportNFL Free Agency: Green Bay Packers on Day OneBleacher Report... but add him to Chester Taylor and Brandon Manumaleuna, and they are contenders for the division), there is just not much to break the bank over. ...
Gross reserves at $45.7 billion in February - Manila Bulletin
5 March 2010
Gross reserves at $45.7 billion in FebruaryManila Bulletin... Jr. said the increase in the preliminary GIR level was due to inflows from the foreign exchange operations of the central bank and income from its ...
Swinney renews call for Scotland oil fund - Press and Journal
5 March 2010
Swinney renews call for Scotland oil fundPress and JournalThe 25% jump in the value of Norway's sovereign wealth fund – known as the oil fund – to almost £300billion was announced by the country's central bank ...