Banks News Updates



World Bank Asia Vice President:Asian Economies To Resume Pre-Crisis Growth (Fox News)


15 March 2010
World Bank Asia Vice President:Asian Economies To Resume Pre-Crisis Growth...

World Bank ups Philippine growth f'cast to 3.5 pct (Reuters via Yahoo! Asia News)


15 March 2010
MANILA, March 15 (Reuters) - The World Bank on Monday raised its 2010 economic growth forecast for the Philippines to 3.5 percent from 3.1 percent due to a recovering global economy and increased private consumption and public spending.

Tsukuba Bank: Agreed On Tie-Up With Aozora Bank (Fox News)


14 March 2010
Tsukuba Bank: Agreed On Tie-Up With Aozora Bank...

Indonesia Hot Stocks-Bank Mandiri gains on rights issue report (Reuters via Yahoo! Philippines News)


14 March 2010
JAKARTA, March 15 (Reuters) - Shares in PT Bank Mandiri , Indonesia's biggest lender, rose 1 percent after local media reported the bank was considering a rights issue to increase its free float.

National Bank of Abu Dhabi Said to Meet Bond Buyers (Update1) (Bloomberg)


14 March 2010
March 14 (Bloomberg) -- National Bank of Abu Dhabi PJSC , the United Arab Emirates’ second-biggest bank by assets, will begin investor meetings this week to sell a benchmark-size bond, three bankers familiar with the plan said.

'Frugal felon' on run after striking Houston bank again (Houston Chronicle)


14 March 2010
A bank robber who authorities call the “frugal felon“ struck again Saturday morning at an east Houston bank, FBI officials said.

China Merchants Bank Raises 17.76 Billion Yuan in A-Share Offer (Bloomberg)


14 March 2010
March 15 (Bloomberg) -- China Merchants Bank Co. issued 2 billion so-called A-shares in a rights offer, raising 17.76 billion yuan, according to a filing to Shanghai’s stock exchange. The company sold the shares at 8.85 yuan each, according to the statement.

FTSE 100 set to inch lower after Dow Jones, S&P 500 and NASDAQ close flat - Proactive Investors UK


15 March 2010
Proactive Investors UKFTSE 100 set to inch lower after Dow Jones, S&P 500 and NASDAQ close flatProactive Investors UKIn the UK, broadcaster BSkyB (LSE: BSY) and Royal Bank of Scotland (LSE: RBS) led the blue chip with gains of 5% on Friday. Miner Eurasian Natural Resources ...

Food prices push Indian inflation up to 9.9 pct - Forbes


15 March 2010
Food prices push Indian inflation up to 9.9 pctForbesA Thomson Reuters poll forecast 9.6 percent headline inflation for February, and the central bank had been expecting inflation to hit 8.5 percent by the end ...

The fate of Lehman's and that hidden $50bn shortfall - istockAnalyst.com (press release)


15 March 2010
The fate of Lehman's and that hidden $50bn shortfallistockAnalyst.com (press release)The 2200-page tome released on Thursday by Anton Valukas - the examiner hired by a US court to inquire into who was responsible for the bank's failure ...

Citi Handlowy unveils MasterCard PayPass contactless debit card - istockAnalyst.com (press release)


15 March 2010
Citi Handlowy unveils MasterCard PayPass contactless debit cardistockAnalyst.com (press release)The Citi Handlowy MasterCard PayPass contactless debit card, linked to the holder's personal bank account, offers functionality of contactless payments, ...

QNB aims to recruit 150 graduates at Qatar Career Fair 2010 - istockAnalyst.com (press release)


15 March 2010
QNB aims to recruit 150 graduates at Qatar Career Fair 2010istockAnalyst.com (press release)Qatar National Bank (QNB), established in 1964 as the country's first Qatari-owned commercial bank, has an ownership structure split between the Qatar ...

Regulator closes Park Avenue Bank, names FDIC receiver - istockAnalyst.com (press release)


15 March 2010
Regulator closes Park Avenue Bank, names FDIC receiveristockAnalyst.com (press release)(Source: Datamonitor)The New York State Banking Department has closed The Park Avenue Bank, and appointed the Federal Deposit Insurance Corporation, ...

INSEAD to Host Global Executive MBA Master Class and Information Session in Dubai - Zawya


15 March 2010
INSEAD to Host Global Executive MBA Master Class and Information Session in DubaiZawya... The Abu Dhabi Commercial Bank Chaired Professor in International Management, and Associate Academic Director, The Abu Dhabi Campus, INSEAD. ...and more »...