Bank Deals News
- Biomass Power in China, Market Outlook to 2020, 2011 Update - Capacity, Generation, Power Plants, Regulations and ... Monday, July 18, 2011 @ 5:14AMReportlinker.com announces that a new market research report is available in its catalogue:
- BofA Needs to Build $50 Billion Cushion as Housing Losses Swell Monday, July 18, 2011 @ 4:32AMBank of America Corp. may have to build its capital cushion by $50 billion and renege again on Chief Executive Officer Brian T. Moynihan’s pledge to raise the firm’s dividend as mortgage losses drain funds.
- Morgan Stanley’s Grimes Masters ‘CityVille’ in Goldman IPO Duel Monday, July 18, 2011 @ 4:32AMWhen investment bankers fled Silicon Valley after the dot-com bust in 2000, Morgan Stanley’s Michael Grimes and his team stayed put on Menlo Park’s Sand Hill Road.
- Russia's Sberbank aspires to largely expand in the CEE region Monday, July 18, 2011 @ 4:29AMSberbank agreed on July 14 to buy a network of nine small banks in countries including Hungary, the Czech Republic, Slovakia, and most of the Balkans from Austria’s Oesterreichische Volksbanken AG.
- Biz Briefing: Unsold Homes + Market Jitters Monday, July 18, 2011 @ 4:28AMThe extent to which sellers are having to drop asking prices to move house is laid bare in the latest House Price Index from the property website, Rightmove.It says the cost for a home dropped 1.6%, or ...
- China’s Hanlong Makes A$1.2 Billion Bid for Rest of Sundance Monday, July 18, 2011 @ 3:48AMSichuan Hanlong Group offered A$1.2 billion ($1.3 billion) in cash for the rest of Sundance Resources Ltd. to gain control of the Australian company’s iron ore project in West Africa.
- Bank share slide hits markets as eurozone worries continue Monday, July 18, 2011 @ 3:27AMScepticism over the latest round of bank 'stress tests' and uncertainty amid a deepening eurozone debt crisis saw european markets fall on Monday, as banking heavyweight Royal Bank of Scotland shed nearly 4pc.
- A.C. targets low-rollers with low-cost promotions Monday, July 18, 2011 @ 3:13AMATLANTICCITY -- While Three Dog Night was onstage at Trump Taj Mahal Casino Resort, singing about how one is the loneliest number, Fred Shields was thinking that 10 had plenty of company. That's how much his and everyone else's ticket to the concert cost.
- Greenhill posts 22 percent jump in 2nd-qtr profit Sunday, July 17, 2011 @ 7:38PMBoutique investment bank Greenhill & Co. posted a 22 percent jump in second quarter profit in an unusual Sunday announcement.
- Kenya: Transcentury Shares Drop by 7.6 Percent Sunday, July 17, 2011 @ 7:30PMTransCentury shares dropped by 7.6 per cent on the second day of trading indicating that the market had cooled down after the hype surrounding this year's second listing at the Nairobi Stock Exchange.
- Kenya: Dispelling Myths Linked to Credit Referencing Sunday, July 17, 2011 @ 7:29PMMy article last week, titled Avoid Bank Loan Burden Through Strict Saving Plan, elicited many comments from readers. From their responses I realised that many borrowers still have misconceptions about credit referencing even as they seek to get access to cheaper loans through use of their credit histories.
- Manufacturers rein back pay deals Sunday, July 17, 2011 @ 7:24PMAverage pay deals in manufacturing firms have remained steady at 2.5% in recent months, well below the rate of inflation, new figures shown.
- Sacramento foreclosure auction nets $4.6M Sunday, July 17, 2011 @ 7:24PMSACRAMENTO - Sacramento area homebuyers Sunday spent $4.6 million on new local area foreclosures as Auction.com auctioned 81 new bank-owned properties.
- Don't bother coming home: Parents tell Casey Anthony to stay away as she flees prison mob under armed guard Sunday, July 17, 2011 @ 7:07PMCasey Anthony has fled to a secret location after her parents told her that she was not welcome to come home.
- Eight European banks fail stress tests Sunday, July 17, 2011 @ 6:42PMEight European banks, including five from Spain, failed crucial EU stress tests.
- THE RUPEE: dollar higher | Business Recorder Sunday, July 17, 2011 @ 6:28PMThe dollar, during the week, ended on July 16, 2011, breached the barrier of Rs 86 due to extended buying by importers to clear the bills. In the interbank deals, the rupee lost 17 paisa versus dollar for buying at 86.07 and 15 paisa for selling at 86.10.
- Learning how to do business to increase trade flows with China Sunday, July 17, 2011 @ 6:17PMIf Chinese provinces were national economies, six would be G20 countries, writes CLIFFORD COONANin Shanghai
- Seattle Mariners' Affiliate Coming to Town Saturday, July 16, 2011 @ 8:42AMThe Seattle Mariners' Class A affiliate, The Everett AquaSox will be at Volcanoes Stadium for a three game series versus the Volcanoes on Monday, Tuesday, Wednesday - July 18th, 19th and 20th. Game times 6:35pm each night, gates open 5:30pm.
- 'Wildfire situation' Saturday, July 16, 2011 @ 7:30AMThere have been a terrible string of events for News Corp. this week. So the question that comes first to mind for investors is, how to play the stock?
- Multistate working group reaches bonds settlement with JP Morgan Chase Saturday, July 16, 2011 @ 5:47AMSAN FRANCISCO – This week California Attorney General Kamala D. Harris announced a national settlement with JP Morgan Chase & Co. (JPMC) as part of an ongoing nationwide investigation over allegations of anti-competitive and fraudulent conduct in the municipal bond derivatives industry.
- Area housing market perking up Saturday, July 16, 2011 @ 5:44AMSome good news is available for the Lake City–Live Oak housing market for May.
- Bobby Sager: the not-so-secret millionaire Saturday, July 16, 2011 @ 5:25AMBobby Sager has spent the past decade living among the world’s poorest people then giving them his fortune. And not even the odd kidnap attempt will stop him.
- Jean Chatzky: Shop smarter, using coupons and a meal plan Saturday, July 16, 2011 @ 5:00AMHave you seen "Extreme Couponing" on TLC? If you have, I have no doubt that it piqued your interest. If you haven't, here's a crash course. The topic is people who go to, well, extremes to save money on groceries.
- Real estate briefs Saturday, July 16, 2011 @ 5:00AMReal estate briefs
- Bank-heist suspect arrested Saturday, July 16, 2011 @ 4:48AMPolice in Memphis on Friday arrested a Georgia man suspected in a series of bank robberies in at least four states, including Arkansas, a Conway police spokesman said.
- Canadian Digital Partnership completes financing Saturday, July 16, 2011 @ 2:33AMThe Canadian Digital Cinema Partnership (CDCP), a joint venture between Cineplex Entertainment and Empire Theatres, announced that it has completed its financing transactions for the deployment of digital projection systems to approximately 1,600 of the partners’ movie theatres across Canada.
- Whole Foods gives Willits another try Saturday, July 16, 2011 @ 2:07AMThis vacant area of Basalt's Willits Town Center project will soon house a Whole Foods grocery store. BASALT — Whole Foods Market reached an agreement Friday with the new owner of Willits Town Center to open a grocery store at the Basalt development, a source familiar with the deal said.
- Indian rupee eases in light volume, oil payments eyed Friday, July 15, 2011 @ 12:43AMMUMBAI: The Indian rupee nudged lower in thin trade on Friday with choppy shares providing little direction, while gains in most Asian currencies were offset by a weaker euro.
- Bank earnings may take step backward Friday, July 15, 2011 @ 12:32AMThe largest U.S. banks - from JPMorgan Chase to Bank of America - have been busy settling lawsuits with investors in the second quarter, casting a pall over their upcoming financial results. Banks start reporting earnings on Thursday.
- JPMorgan to pay $211M in bid-rigging case settlement Friday, July 15, 2011 @ 12:30AMJPMorgan Chase will pay $211 million in civil penalties, including more than $2 million to the Metro Nashville Airport Authority and three other agencies in Tennessee, as part of a national settlement of a bid-rigging case.
- Yell's chief Mike Pocock and chairman Bob Wigley: profile Friday, July 15, 2011 @ 12:28AMShares in Yell Group slumped by a quarter as the market dismissed plans by the Yellow Pages group to transform its business model by pursuing digital revenues. The overhaul will include dumping the Yell brand. Here, we take a closer look at the bosses running the company.
- California to require teaching about gays Friday, July 15, 2011 @ 12:16AMSACRAMENTO, Calif. - Gov. Jerry Brown has signed a bill making California the first state to add lessons about gays and lesbians to social studies classes in public schools.
- Dirty Land Derails Cleantech Deal Friday, July 15, 2011 @ 12:09AMDOWNTOWN LOS ANGELES - A $15 million deal to sell a huge parcel owned by the Community Redevelopment Agency has fallen through, Los Angeles Downtown News has learned. It marks the third time in less than three years that a project involving the site, envisioned as the jobs-generating Cleantech Manufacturing Center, has been scuttled.
- Greenhill’s George Is Said to Leave Firm as Departures Quicken Friday, July 15, 2011 @ 12:00AMTimothy M. George, a member of the management committee at Greenhill & Co. who has advised on some of the firm’s biggest deals, is leaving as departures from the bank accelerate, said two people familiar with the matter.
- News about local businesses Thursday, July 14, 2011 @ 11:50PMNews about businesses and people in the news.
- Southland housing market warms up in June Tuesday, July 12, 2011 @ 11:05PMThe number of sales of new and previously owned homes in rises 11.6% from May, and the median price increases 1.8% to $285,000. First-time buyers and investors looking for deals helped the Southland's housing market gain ground from May to June as it struggles to overcome the effects of stubborn joblessness and a large share of borrowers who owe more than their homes than they're worth.
- Briefly Tuesday, July 12, 2011 @ 11:02PMBond insurer MBIA Inc. and Bank of America Corp. have jointly agreed to dismiss a lawsuit against the Charlotte bank, raising speculation that another financial crisis-related settlement could be in the works.
- South Korea’s Military Fund May Sell Biggest Overseas Holding, CIO Says Tuesday, July 12, 2011 @ 10:43PMSouth Korea’s Military Mutual Aid Association, the defense ministry’s $7.6 billion fund, may sell its biggest overseas holding after five years to seek out ports and other infrastructure assets.
- Deals aim to stop high water bills in low-income community Tuesday, July 12, 2011 @ 10:40PMDeals aim to stop high water bills in low-income community
- Allen & Co. leaves town, takes secrets with it Tuesday, July 12, 2011 @ 10:28PMWood River Valley residents typically don't give another thought to a celebrity spotted locally—less so if the famous name is a business executive.
- Office vacancies in Beijing hit 20-year low Tuesday, July 12, 2011 @ 10:09PMVacancies in Beijing's Grade A office market fell to a 20-year low and rents neared a record high in the second quarter, lifted by strong business demand, industry analysts said on Tuesday (July 12). .....
- Seven-Month Wait for Aluminum From Detroit Drives LME to Review Warehouses Tuesday, July 12, 2011 @ 9:41PMWhen the London Metal Exchange was founded in the days of steamships, contracts were priced three months out to reflect the time it took to get tin from Southeast Asia or copper from Chile. These days, it can take twice as long to get aluminum out of an LME-approved warehouse in Detroit.
- Lawsuit settlements to hurt Q2 bank earnings Tuesday, July 12, 2011 @ 9:35PMLawsuit settlements to hurt Q2 bank earnings The Associated Press Published Jul 12, 2011 04:24PM MDT New York • The largest U.S. banks — from JPMorgan Chase to Bank of America — have been busy settling lawsuits with investors in the second quarter, casting a pall over their upcoming financial results. Banks start reporting earnings on Thursday, with the healthiest of the large banks, JP Morgan ...
- Major banks expected to report lower earnings Tuesday, July 12, 2011 @ 9:06PMLawsuit settlements and sagging revenue are expected to affect profits.
- Reports: New York AG Eric Schneiderman Investigates BofA Settlement Tuesday, July 12, 2011 @ 9:02PMNew York Attorney General Eric Schneiderman is investigating financial services firm Bank of America Corp.'s (BAC) $8.5 billion settlement with a group of high-profile holders of mortgage-backed securities, according to reports on Tuesday. Schneiderman is said to be inquiring whether public agencies or state affiliated pension funds were included in the settlement.
- Stronger resolve’ awaited Tuesday, July 12, 2011 @ 11:39AMTHE AQUINO administration may be excused for the slow start this year of its flagship infrastructure program as it lays the groundwork for a smooth roll-out, but its second year in office will be crucial to addressing concerns raised by the private sector and economists regarding this key initiative, a think tank said in a report released on Tuesday.
- Hostile Deals Are All the Rage Tuesday, July 12, 2011 @ 11:20AMIt's getting nasty out there in corporate deal making. The value of hostile deals increased seven-fold in the first half of this year.
- UK Government Turns Against Murdoch BSkyB Bid Tuesday, July 12, 2011 @ 11:19AMLONDON (AP) -- The British government on Tuesday joined in calls for Rupert Murdoch to shelve his ambition of taking full control of British Sky Broadcasting as his newspapers are embroiled in a spreading investigation of alleged phone hacking and bribery.
- Road deal still in the works Tuesday, July 12, 2011 @ 11:17AMDespite numerous pleas to get an appraisal or hold off on the deal, the Monroe County Road Commission will continue its plans to buy the former Tecumseh Products property in Dundee to use for its west-county operations.
- Asia Roundup: 4-month lows Tuesday, July 12, 2011 @ 11:16AMLONDON: European shares fell sharply to four-month lows yesterday morning, as jitters intensified that the deepening eurozone debt crisis could spread to larger economies such as Italy and Spain, putting at risk the region's financial stability. By 1046 GMT, the pan-European FTSEurofirst 300 index of top shares was down 1.7 per cent at 1,079.20 points, having earlier dropped to a low of 1,068.92 ...