Banks News Updates
Gulf Finance House Plans to Form Islamic Bank in Syria (Bloomberg)
6 March 2010
March 7 (Bloomberg) -- Gulf Finance House EC, the Bahrain- based investment bank, plans to form an Islamic bank in Syria with a capital of 15 billion Syrian pounds.
Icelanders won't foot bank collapse bill (BigPond News)
6 March 2010
Icelanders have rejected a proposal to pay Britain and the Netherlands for the collapse of Icesave Bank.
Stable outlook for Alliance Bank (The Borneo Post)
6 March 2010
KUCHING: RAM Rating Services Bhd (RAM Rating) revised the outlook on Alliance Bank Malaysia Bhd’s (Alliance Bank) long-term ratings from positive to stable.
AIDS rise may force India to spend more: World Bank (Reuters via Yahoo! News)
6 March 2010
India will have to scale up prevention of HIV to avoid having to spend an increasing share of its health budget on treatment of AIDS patients, the World Bank and other agencies said Sunday.
Early results: Iceland voters reject $5.3B bank failure repay (USA Today)
6 March 2010
Still furious over the crippling aftermath of the global financial crisis, Iceland's voters on Saturday resoundingly rejected a $5.3 billion plan to pay off Britain and the Netherlands for debts spawned by the collapse of an Icelandic Internet bank, according to initial results.
Icelanders reject bank payback plan: government (AFP via Yahoo! News)
6 March 2010
Icelanders on Saturday massively rejected a deal to pay Britain and the Netherlands billions for their losses in the collapse of the Icesave bank, the government said after partial referendum results.
Iceland expected to turn down bank failure repay (AP via Yahoo! News)
6 March 2010
Still smarting from the crippling aftermath of the global financial crisis, grudging Icelanders were expected Saturday to vote down a $5.3 billion plan to pay off Britain and the Netherlands for debts spawned by the collapse of an Icelandic Internet bank.
PALESTINE: Syndicate announces class suspension - University World News
6 March 2010
PALESTINE: Syndicate announces class suspensionUniversity World NewsThe Syndicate of Palestinian Universities Union announced the suspension of classes in West Bank institutions last Monday, because of what it called a lack ...
GREECE: Bologna under attack - University World News
6 March 2010
GREECE: Bologna under attackUniversity World News... for Research and the Competitive and Innovation Programme, as well as making available structural funds and loans from the European Investment Bank. ...
Running Higher... - dodjit.com
6 March 2010
Running Higher...dodjit.comI have spoken frequently about the importance of the financial/bank stocks finally breaking out of their wedges. They lagged but not today. ...and more »...
The World's Best Developed Market Banks in 2010 - Seeking Alpha (blog)
6 March 2010
The World's Best Developed Market Banks in 2010Seeking Alpha (blog)Among the banks in the US, one of the four supers, JP Morgan Chase (JPM), was ranked the best bank. After last year's low in March, Chase has rebounded well ...
FICCI to RBI: Don't harden monetary policy - Press Trust of India
6 March 2010
FICCI to RBI: Don't harden monetary policyPress Trust of IndiaNew Delhi, Mar 7 (PTI) Apex industry association FICCI today asked the Reserve Bank of India to take a cue from the Prime Minister's instance on inflation ...and more »...
How clear is our water? - Jerusalem Post
6 March 2010
How clear is our water?Jerusalem PostThe drinking water comes from the Kinneret, the coastal aquifer, the mountain aquifer in the West Bank and the desalination plants on the Mediterranean ...
Foreclosures and other special circumstances - Indianapolis Star
6 March 2010
Foreclosures and other special circumstancesIndianapolis StarBuying from the bank can take more time than buying directly from the seller." Short sales are pre-foreclosure home sales. To control losses, sometimes a ...