Banks News Updates
Loonie Approaches Parity on Bets Central Bank to Increase Rates (Bloomberg)
12 March 2010
March 13 (Bloomberg) -- Canada’s dollar came the closest to parity with its U.S. counterpart since July 2008 as traders bet faster-than-forecast job creation increases odds that the central bank will raise interest rates.
FDIC Shuts 30th Bank for 2010 (CBS News)
12 March 2010
Regulatory Agency Reports Bank Failures in New York, Pennsylvania, Louisiana...
Obama eyes Fed picks in central bank revamp (AFP via Yahoo! News)
12 March 2010
US President Barack Obama is strongly considering three candidates to fill vacancies at the Federal Reserve board, the White House said as he moves to revamp the central bank.
CORRECT: New York Regulators Close The Park Avenue Bank (Fox News)
12 March 2010
CORRECT: New York Regulators Close The Park Avenue Bank...
New York City bank among three U.S. bank failures (Reuters via Yahoo! News)
12 March 2010
The Park Avenue Bank, a New York City-based institution, was among three banks seized by regulators on Friday, and is the second area bank to fail in two days.
Regulators Shut Down Park Avenue Bank in New York (ABC News)
12 March 2010
Regulators shutter Park Avenue Bank in New York, marking 28th closure of the year New York - Park Avenue - New York City - United States - Metro Areas...
Regulators shut down Park Avenue Bank in New York (AP via Yahoo! News)
12 March 2010
Regulators shut down Park Avenue Bank in New York Friday, marking the 28th failure this year of a federally insured bank.
UNLV knock offs BYU to reach Mountain West title game - Canada.com
12 March 2010
UNLV knock offs BYU to reach Mountain West title gameCanada.comBut the Rebels scored the next four points to go back ahead, and with a minute left, Willis' bank shot put UNLV up 65-62. UNLV's lead still stood at three, ...
BONDS AT BURSTING POINT - Financial Post
12 March 2010
BONDS AT BURSTING POINTFinancial PostAs of last year, the global bond market had nearly tripled in value to US$82-trillion from US$33-trillion in 2001, according to the Bank of International ...
Cabinet approves TRL repossession - The Citizen Daily
12 March 2010
Cabinet approves TRL repossessionThe Citizen DailyThe struggling venture failed to attract billions of dollars in loans from the World Bank and IMF, to fund its operations as expected. ...
No. 24 Xavier rallies from 15 down to beat Dayton - Hamilton Journal News (subscription)
12 March 2010
No. 24 Xavier rallies from 15 down to beat DaytonHamilton Journal News (subscription)After Wright hit two free throws with 7:25 to go, Mark Lyons hit two free throws to ignite a 9-2 spurt that got the Musketeers within 65-64 on a short bank ...and more »...
Gold falls on fears China may raise rates - Financial Post
12 March 2010
Gold falls on fears China may raise ratesFinancial PostGold may extend declines should the US economic recovery spur the Federal Reserve to raise interest rates before the European Central Bank, boosting the ...and more »...
Malaysia backs off goods tax law as reforms slow - Alibaba News Channel
12 March 2010
Malaysia backs off goods tax law as reforms slowAlibaba News Channel"The question is which of these they want to secure -- a balanced budget or an election victory," said Azrul Azwar Ahmad Tajudin, Chief Economist at Bank ...
EDITORIALS OF THE TIMES - El Paso Inc
12 March 2010
EDITORIALS OF THE TIMESEl Paso IncAfter spending months searching for a bipartisan consensus on financial regulatory reform, Sen. Christopher Dodd, chairman of the banking committee, ...and more »...