Banks News Updates
Gaza bank, TV station see U.S. sanctions (CNN)
19 March 2010
The U.S. Treasury put a bank and a television station -- both from Gaza -- on its terrorist-financing list, saying they were controlled by Hamas, the Palestinian Islamist movement.
Accord near to cancel Haiti's debt to bank (Denver Post)
19 March 2010
The Obama administration says it is near an agreement with other nations to cancel the $447 million that Haiti owes to the Inter-American Development Bank. Treasury Department officials said Thursday that a deal would likely be struck this weekend to cancel debt to the bank, which serves as a major source of development loans for Latin America and...
UniCredit Seeks to Join Russia’s New Post Bank, Kommersant Says (Bloomberg)
18 March 2010
March 19 (Bloomberg) -- UniCredit SpA and six other banks applied to help Russia create a bank based on its postal system, Kommersant reported, citing unidentified people familiar with the matter.
‘Significant’ Sugar Buying Likely After Price Drop, Bank Says (Bloomberg)
18 March 2010
March 19 (Bloomberg) -- “Significant” sugar purchasing by importers was likely over the next few months after prices fell, the Commonwealth Bank of Australia said in a report today.
World Bank OKs record $1.05 billion for Indian schools (Reuters via Yahoo! News)
18 March 2010
The World Bank on Thursday approved a record $1.05 billion credit line to help get more children into schools in India, the largest ever investment in education by the poverty-fighting institution.
Former National City Bank debit accounts hacked (AP via Yahoo! News)
18 March 2010
PNC Financial Services Group Inc. said Thursday it is investigating a breach of accounts affecting former National City Bank customers and their debit-card accounts.
Fed officials warn against loss of bank oversight (Reuters via Yahoo! News)
18 March 2010
Four top Federal Reserve officials urged Congress on Thursday not to strip the U.S. central bank of the authority to supervise small banks, saying they would lose an important finger on the pulse of the economy that helps them guide monetary policy.
Lloyds Banking Group Expects Profit This Year - ABC News
19 March 2010
Lloyds Banking Group Expects Profit This YearABC NewsIn a brief trading update, the part-nationalized bank said Friday that trading in the first 10 weeks of the year has been strong, net interest margins are ...
Israel and U.S. seek to defuse settlement dispute - U.S. Daily (press release) (subscription)
19 March 2010
Israel and U.S. seek to defuse settlement disputeU.S. Daily (press release) (subscription)"The prime minister proposed to Secretary Clinton mutual confidence-building steps by Israel and the Palestinian Authority in the (West Bank)," Netanyahu's ...
International mediators in Mid-Eastern - The Voice of Russia
19 March 2010
International mediators in Mid-EasternThe Voice of RussiaThe basic hindrance in the way of resuming the dialogue is the construction of Jewish settlements in the West Bank. The Palestinians will not hear of ...
Allianz, Lanxess, Pfleiderer, SGL Carbon: German Equity Preview - Bloomberg
19 March 2010
Allianz, Lanxess, Pfleiderer, SGL Carbon: German Equity PreviewBloombergAllianz SE (ALV GY): Germany's largest insurer said it sold one billion shares of Industrial and Commercial Bank of China Ltd. in February, which resulted ...
Gardai resume questioning of former Chairman of Anglo Irish Bank - Midlands 103
19 March 2010
Gardai resume questioning of former Chairman of Anglo Irish BankMidlands 103The former Chairman of Anglo Irish Bank has been in garda custody for over 24 hours now. He was arrested at his home in Greystones yesterday morning and ...
Feature: India Tries To Clean Up, Restore Past Glory Of Holy River - Bernama
19 March 2010
Feature: India Tries To Clean Up, Restore Past Glory Of Holy RiverBernama... river is also shown by the fact that two of its most famous imperial palaces -- Red Fort in Delhi and Agra Fort in Uttar Pradesh, lie on the bank of it. ...
You Better Start Beating Inflation Fast! - Moneycontrol.com
19 March 2010
You Better Start Beating Inflation Fast!Moneycontrol.comBut still overall, he has done much better than keeping his money in a bank FD. The other brother had decided to invest all his money in a single stock at ...