Friday, September 30, 2011

China paper urges Europe get act together on debt crisis � Reuters

Telegraph.co.ukChina paper urges Europe get act together on debt crisisReutersBEIJING (Reuters) - European countries must act decisively to resolve the euro zone debt crisis or risk having some member states forced out of the single currency, China'...

China paper urges Europe get act together on debt crisis � Reuters

http://twlv.net/tISzgf

BofA, JPMorgan Proposed Accord Rejected by California's Harris � BusinessWeek

New York TimesBofA, JPMorgan Proposed Accord Rejected by California's HarrisBusinessWeekOct. 1 (Bloomberg) -- A proposed nationwide settlement with banks including Bank of America Corp. and JPMorgan Chase & Co. is being rejected by California A...

BofA, JPMorgan Proposed Accord Rejected by California's Harris � BusinessWeek

http://twlv.net/KQou1z

Experts offer tips to avoid bank fees - msnbc.com

New fees are causing outrage among anyone with a checking account. Bank of America just announced it will begin charging customers $5 a month to use a debit card next year. But there are other options to avoid paying an arm and a leg just for using your ... http://tinyurl.com/3ch8a9c

Starwatch Consumer | Bank of America experiences online problems � Kansas City Star

Starwatch Consumer | Bank of America experiences online problemsKansas City StarBank of America's home page and online banking service were experiencing problems Friday, a day after the company said it would start charging a $5 monthly fee for cust...

Starwatch Consumer | Bank of America experiences online problems � Kansas City Star

http://twlv.net/fO0xmo

Wells Fargo plans to cut 31 jobs in downtown Milwaukee � Milwaukee Journal Sentinel

Wells Fargo plans to cut 31 jobs in downtown MilwaukeeMilwaukee Journal SentinelWells Fargo & Co. has told state officials it plans to eliminate 31 jobs in downtown Milwaukee. The job cuts will begin Nov. 29, Wells Fargo said in a notice to the Wis...

Wells Fargo plans to cut 31 jobs in downtown Milwaukee � Milwaukee Journal Sentinel

http://twlv.net/cSMIki

Bank of America faces outrage, web outage - Seattle Times

Bank of America got pummeled by investors and its customers Friday, and its website was hit with an outage a day after announcing that it would charge many debit-card users a $5 monthly fee when they shop. The troubled bank, already besieged by ... http://tinyurl.com/3ns2fdj

Brazil Stocks Close Lower On Greece Jitters, End 3Q Down 16%



Brazil Stocks Close Lower On Greece Jitters, End 3Q Down 16%
Wall Street Journal - 3 hours ago
By Paul Kiernan Of DOW JONES NEWSWIRES SAO PAULO (Dow Jones)--Brazilian stocks extended their losses in late trading Friday as worries about Greece's...

Brazil Stocks Close Lower On Greece Jitters, End 3Q Down 16%

http://twlv.net/WH4Ugp

Euro down 7.5 percent for quarter; more losses seen � Reuters

ReutersEuro down 7.5 percent for quarter; more losses seenReutersNEW YORK (Reuters) - The euro was on track on Friday to close out its worst quarter against the dollar since June 2010, and the growing concern about the euro zone's ability to to res...

Euro down 7.5 percent for quarter; more losses seen � Reuters

http://twlv.net/7VrntF

Bank of America Debit Fee Pushes Some Customers to Local Banks - msnbc.com

Swiping your debit card may soon cost you more than what you purchase as banks like Bank of America prepare to roll out a new fees. Bank of America reports it will start charging $5 a month for customers to use their debit cards. ' Lois Miller says this is ... http://tinyurl.com/5raymas

Unknown trader's doom and gloom call � MarketWatch

Oman Daily ObserverUnknown trader's doom and gloom callMarketWatchThis was capped by the assertion that the entire world is controlled by Goldman Sachs Group Inc. /quotes/zigman/188479/quotes/nls/gs GS -5.33% and that we're all doomed. Meanwhil...

Unknown trader's doom and gloom call � MarketWatch

http://twlv.net/jKZKv1

Mohave State Bank "SAYS NO" to Debit Card Trends - msnbc.com

LAKE HAVASU CITY, Ariz., Sept. 30, 2011 (GLOBE NEWSWIRE) -- Mohave State Bank ("Bank"), subsidiary of State Bank Corp. (OTCBB:SBAZ) ("Company"), today announced that it "SAYS NO" to recent debit card trends within the banking industry. Following ... http://tinyurl.com/5wbs6rq

Hedge Fund Must Pay Wachovia $2.1 Million Over Swap Dispute � BusinessWeek

Hedge Fund Must Pay Wachovia $2.1 Million Over Swap DisputeBusinessWeekThe contracts pay the buyer face value for the underlying securities if the company fails to adhere to its debt agreements. The case is CDO Plus Master Fund Ltd. v. Wachovia Bank, 0...

Hedge Fund Must Pay Wachovia $2.1 Million Over Swap Dispute � BusinessWeek

http://twlv.net/2FRQWn

John R. Buran, President and Chief Executive Officer of Flushing Financial Corporation, Appointed to The Federal Reserve Bank

LAKE SUCCESS, N.Y., Sept. 30, 2011 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the parent holding company for Flushing Savings Bank, FSB (the "Bank"), announced today that John R. Buran, President and Chief ... http://tinyurl.com/3kggu4e

Brazil Stock Movers: Gol Linhas Aereas, Nadir and Petrobras � BusinessWeek

Brazil Stock Movers: Gol Linhas Aereas, Nadir and PetrobrasBusinessWeekBrazil's second-largest airline by market share is retreating as investors sell "riskier" emerging market shares and on speculation that the real's fall versus the US do...

Brazil Stock Movers: Gol Linhas Aereas, Nadir and Petrobras � BusinessWeek

http://twlv.net/ezSyIh

Debit card fee at Bank of America is only the latest - The Christian Science Monitor

Angela Malerba, who works in public relations in Boston, carries a debit card because she likes to know when she buys something that she has enough in her account to pay for it. But paying $5 a month to use her own money? That's too much. So ... http://tinyurl.com/3vbkdn2

CANADA FX DEBT-C$ hits fresh 2011 low, capping dismal quarter � Reuters

CANADA FX DEBT-C$ hits fresh 2011 low, capping dismal quarterReutersTORONTO, Sept 30 (Reuters) - The Canadian dollar hit fresh 12-month lows against the US dollar on Friday to notch the largest monthly drop in value since the height of the 2008 financi...

CANADA FX DEBT-C$ hits fresh 2011 low, capping dismal quarter � Reuters

http://twlv.net/v1hmLN

Bank of America debit fee is only the latest - AP - msnbc.com

Angela Malerba, who works in public relations in Boston, carries a debit card because she likes to know when she buys something that she has enough in her account to pay for it. But paying $5 a month to use her own money? That's too much. So when Bank of ... http://tinyurl.com/6gbu28u

Wells Fargo, BDO Seidman Settle Lawsuits Over Le-Nature's for $130 Million � Bloomberg

Wells Fargo, BDO Seidman Settle Lawsuits Over Le-Nature's for $130 MillionBloombergWells Fargo & Co. (WFC)'s Wachovia Capital Markets unit and BDO Seidman LLP settled lawsuits over their roles in the collapse of Le-Nature's Inc., a defu...

Wells Fargo, BDO Seidman Settle Lawsuits Over Le-Nature's for $130 Million � Bloomberg

http://twlv.net/NGicji

Bank of America: The Perfect Example of Why You Should Move Your Money - Huffingtonpost.com

Today, I saw two very different reactions to moves made by two different banks. One bank was once considered "too big to fail." The other is a tiny blip in the banking world. How they reacted to upcoming regulatory changes says everything about their ... http://tinyurl.com/3vh9aej

Worst quarter for UK, German, French stocks in 9 years � Reuters

The Guardian (blog)Worst quarter for UK, German, French stocks in 9 yearsReutersLONDON (Reuters) - Shares in major European economies suffered their biggest quarterly loss in nine years, hit by concerns the global economy was slipping into recession an...

Worst quarter for UK, German, French stocks in 9 years � Reuters

http://twlv.net/Cuoy1E

Bank of America fee to benefit bank, despite angry customers - Yahoo Finance

In the immediate aftermath of Bank of America's new debit card fee announcement, many of the bank's customers have declared this is the last straw. But while angry consumers are threatening to leave, it's the bank that could have the last laugh. Across ... http://tinyurl.com/6aeql8z

PPI top of bank customers' complaints � Financial Times

PPI top of bank customers' complaintsFinancial TimesBanks including Santander and Lloyds have publicly addressed the need to make improvements in complaint handling and have put new systems in place. Barclays once again emerged as the financial ins...

PPI top of bank customers' complaints � Financial Times

http://twlv.net/sXM5ko

With debit card fee, Bank of America reaches deeper into customers' pockets - Los Angeles Times

New federal debit card rules won't kick in until Saturday. But Bank of America wasted no time in announcing a $5 monthly fee for debit card purchases to make up for the expected drop in revenue. The rules in question limit how much banks can ... http://tinyurl.com/6h5n6gu

Fortress May Pick Up Bank of America Correspondent Mortgage Unit � TheStreet.com

TheStreet.comFortress May Pick Up Bank of America Correspondent Mortgage UnitTheStreet.comWhile no final agreement has been reached between Bank of America and Fortress, the latter is conducting due diligence on the deal. Bank of America competes with ...

Fortress May Pick Up Bank of America Correspondent Mortgage Unit � TheStreet.com

http://twlv.net/1jqxxK

FTSE 100 falls on weak Chinese data � Proactive Investors UK

Proactive Investors UKFTSE 100 falls on weak Chinese dataProactive Investors UKThe FTSE 100 fell sharply today after downbeat Chinese data prompted investors to sell mining stocks and banks with significant exposure to Asia, including HSBC (LON:HSBA, d...

FTSE 100 falls on weak Chinese data � Proactive Investors UK

http://twlv.net/XRzSRs

10.5213 HKD = 1 EUR 2011-09-30 ECB Reference rate

1 EUR buys 10.5213 Hong Kong dollar (HKD) - The reference exchange rates are published both by electronic market information providers and on the ECB's website shortly after the concertation procedure has been completed. Reference rates are published a...

10.5213 HKD = 1 EUR 2011-09-30 ECB Reference rate

http://twlv.net/r3NIM8

Bank close to launching QE2 - Reuters UK

LONDON (Reuters) - The Bank of England faces a finely balanced decision next week on whether to launch a second round of stimulus to boost Britain's ailing economy, and a weak run of data at the start of next week might be enough to tip the ... http://tinyurl.com/63hgzjo

President of The Group leaves to work at CitiBank � The Coloradoan

President of The Group leaves to work at CitiBankThe ColoradoanChuck McNeal, president of The Group Financial Partners, has left the company to join CitiBank. McNeal will become senior vice president and brand relations executive for the Global Partner...

President of The Group leaves to work at CitiBank � The Coloradoan

http://twlv.net/GT5Bhh

Bank of America to charge debit card use fee - Orlando Sentinel

CHARLOTTE (Reuters) - Bank of America Corp plans to charge customers who use their debit cards to make purchases a $5 monthly fee beginning early next year, joining other banks scrambling for new sources of revenue. U.S. banks have been looking ... http://tinyurl.com/5uxe8gu

Hong Kong shares slump to worst quarter in 10 years, China slips � Reuters

Globe and MailHong Kong shares slump to worst quarter in 10 years, China slipsReutersEuropean funds have less currency risk in the Hong Kong market because they can repatriate dollars to Europe, with the Hong Kong dollar pegged to the dollar, Lam added...

Hong Kong shares slump to worst quarter in 10 years, China slips � Reuters

http://twlv.net/AKeyhu

Bank stocks lead the losses



Bank stocks lead the losses
MSN India - 33 minutes ago
Indian stock markets opened the day on a weak note. The BSE Sensex is trading lower by around 145 points. The stocks of Reliance Capital and SBI are leading the losses. Asian stock markets have...

Bank stocks lead the losses

http://twlv.net/2TqzxV

Bank of America to charge debit card use fee - msnbc.com

Bank of America Corp plans to charge customers who use their debit cards to make purchases a $5 monthly fee beginning early next year, joining other banks scrambling for new sources of revenue. U.S. banks have been looking for ways to increase revenue as ... http://tinyurl.com/5t2hqss

World markets cause volatility of Mexican peso � Middle East North Africa Financial Network

World markets cause volatility of Mexican pesoMiddle East North Africa Financial NetworkSep 30, 2011 (El Paso Times - McClatchy-Tribune Information Services via COMTEX) -- Experts blamed volatility in global markets for the Mexican peso's wild ride...

World markets cause volatility of Mexican peso � Middle East North Africa Financial Network

http://twlv.net/pV3MhR

Bank of America to Charge $5 Debit Card Fee - FOXBusiness

Bank of America Corp plans to charge customers who use their debit cards to make purchases a $5 monthly fee beginning early next year, joining other banks scrambling for new sources of revenue. U.S. banks have been looking for ways to increase ... http://tinyurl.com/5wy72ow

Thursday, September 29, 2011

Boeing, Madoff, HSBC, Fortescue, Total, BofA in Court News � BusinessWeek

Boeing, Madoff, HSBC, Fortescue, Total, BofA in Court NewsBusinessWeekABN Amro Bank (Ireland), 10-ap-05355, US Bankruptcy Court, Southern District of New York (Manhattan). HSBC Holdings Plc won priority for repayment over BNP Paribas SA and five other ...

Boeing, Madoff, HSBC, Fortescue, Total, BofA in Court News � BusinessWeek

http://twlv.net/nzAJc0

UPDATE 2-Malaysia's RHB-OSK planned deal seen launching more bank mergers - Reuters

KUALA LUMPUR, Sept 30 (Reuters) - A planned merger between the banking business of Malaysia's RHB Capital Berhad and OSK Investment Bank could kickstart a new round of banking consolidation in the Southeast Asian country as lenders seek to bulk ... http://tinyurl.com/65nfglh

Customers express frustration about new bank fees, expert explains the trend � NBC17.com

Los Angeles TimesCustomers express frustration about new bank fees, expert explains the trendNBC17.comThat has some customers of other banks, including Thomas Cho, who banks with Wachovia, paying close attention. NBC 17 checked and Bank of America is n...

Customers express frustration about new bank fees, expert explains the trend � NBC17.com

http://twlv.net/pKJfjz

Bank of America to charge monthly fee for debit purchases - KABC

LOS ANGELES (KABC) -- Brace yourself for another bank charge: Bank of America is going to charge its customers a new fee for using its debit cards. The new fee will be $5 per month. Although the new fee doesn't start until early next year, Bank of America ... http://tinyurl.com/ykqzurf

Market Focus with Tom Hudson



Market Focus with Tom Hudson
PBS Nightly Business Report - 11 minutes ago
TOM HUDSON: Let`s get you updated with tonight`s "Market Focus." Yet another session for really some big swings again for the major indices and quite frankly, some ...

Market Focus with Tom Hudson

http://twlv.net/kYFuPe

USAA Bank Reaffirms its 'Fee-losophy' of Free Debit, Free Checking - YAHOO!

In an environment with some major banks making plans to charge customers new monthly fees for using their debit cards, USAA Bank announced today that its debit card will remain fee free. In an environment with some major banks making plans to charge ... http://tinyurl.com/5rv5eun

Brazil's BNDES: PDVSA Delivered Guarantees For Refinery Financing � Wall Street Journal

Brazil's BNDES: PDVSA Delivered Guarantees For Refinery FinancingWall Street JournalBRASILIA (Dow Jones)--Venezuela's state-run oil company Petroleos de Venezuela, or PdVSA, this week delivered the required guarantees to assure its participatio...

Brazil's BNDES: PDVSA Delivered Guarantees For Refinery Financing � Wall Street Journal

http://twlv.net/pVrHo4

Bank of America to Charge Debit Card Fee - msnbc.com

Bank of America says it can no longer afford to offer the full conveniences of its debit card to its millions of customers. Starting in early 2012 the bank will charge a $5 monthly fee to customers who use their debit cards for purchases, according to a ... http://tinyurl.com/6z6kjjf

With debit card fee, Bank of America reaches deeper into customers' pockets � Los Angeles Times

With debit card fee, Bank of America reaches deeper into customers' pocketsLos Angeles TimesMeanwhile, Wells Fargo is set to begin testing a $3 monthly debit card fee in Georgia, New Mexico, Nevada, Oregon and Washington. Chase is experimenting wit...

With debit card fee, Bank of America reaches deeper into customers' pockets � Los Angeles Times

http://twlv.net/4mEp3L

Bank of America adding debit card fee - msnbc.com

Will a monthly debit card fee soon be the norm? Bank of America said Thursday that it plans to start charging a $5 monthly fee when customers make debit card purchases. The fee will be rolled out starting early next year. Paying to use a debit card was ... http://tinyurl.com/6c3tvac

RBS takes over Jarvis Hotels � Financial Times

RBS takes over Jarvis HotelsFinancial TimesRoyal Bank of Scotland is set to seize control of Jarvis Hotels, the troubled hotel operator, as the lender looks to claw back �130m ($203m) of debt. The bank, which has teamed up with private equity group Pa...

RBS takes over Jarvis Hotels � Financial Times

http://twlv.net/zP2elL

Barclays on Stocks: QNST, AWAY, VPRT � News Vindication

Barclays on Stocks: QNST, AWAY, VPRTNews VindicationInitiated � Equal Weight � Barclays. Posted by admin on Sep 29 2011. Filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to ...

Barclays on Stocks: QNST, AWAY, VPRT � News Vindication

http://twlv.net/nIULF3

Bank of America joins banks charging monthly debit card fees - USA Today

NEW YORK � Bank of America plans to start charging customers a $5 fee in any month that they use their debit card to make a purchase. The fee will be rolled out starting early next year. A number of banks already have either rolled out or are ... http://tinyurl.com/6buebxv

GBP/USD Up � Daily Markets

Forex MarketGBP/USD UpDaily MarketsBy ForexMansion.com Forexpros � The British Pound was higher against the US Dollar on Thursday after the release of US data on Initial Jobless Claims. GBP/USD was trading at 1.5633, up 0.37% at time of writing. The ...

GBP/USD Up � Daily Markets

http://twlv.net/QRuKQP

Bank of America adds new monthly fee - MSN Money

Bank of America (BAC), drowning in financial problems, plans to add a $5 monthly fee for customers who make debit card purchases. The Dow Jones news service uncovered the plans after seeing an internal memo sent to bank executives Thursday. It's safe to ... http://tinyurl.com/6y4lq85

Bank of America to charge $5 monthly fee for debit card purchases - Los Angeles Times

Most�Bank of America customers will soon see�a new charge on their statements�-- $5 for any month in which they use a BofA debit card to make a purchase. Consumers should prepare for more such charges, analysts say, as big banks strive to ... http://tinyurl.com/3lkoc8f

European Stocks Advance on US Economy; BNP Paribas, H&M Climb � BusinessWeek

European Stocks Advance on US Economy; BNP Paribas, H&M ClimbBusinessWeek29 (Bloomberg) -- European stocks climbed for the fourth time in five days as US employment and growth data exceeded forecasts and German lawmakers backed an enhanced euro- re...

European Stocks Advance on US Economy; BNP Paribas, H&M Climb � BusinessWeek

http://twlv.net/q8s27z

Bank of America to charge $5/mth debit card fee - Marketwatch

NEW YORK (MarketWatch) -- Bank of America Corp. (NYSE:BAC) , the largest U.S. bank by assets, plans to charge customers a $5 monthly fee for making debit card purchases starting early next year, according to an internal memo sent to bank ... http://tinyurl.com/69oe25b

UPDATE 1-Chile central bank chief: rate in 'normal range' - Reuters UK

SANTIAGO, Sept 29 (Reuters) - Chile's benchmark interest rate is in a "normal range" of values coherent with holding inflation around a 3 percent target and will likely remain steady in the near-term, Central Bank President Jose De Gregorio said ... http://tinyurl.com/44e7442

Kaka: I never gave up hope � ESPN

Sabotage TimesKaka: I never gave up hopeESPNKaka insists he never gave up on his desire for success at Real Madrid despite a difficult start to his career in Spain after the rejuvenated Brazilian starred in the 3-0 Champions League win over Ajax. Kaka ...

Kaka: I never gave up hope � ESPN

http://twlv.net/Nyj7Np

Deutsche Predicts 3Q Loss at Goldman Sachs � Wall Street Journal (blog)

Here Is The CityDeutsche Predicts 3Q Loss at Goldman SachsWall Street Journal (blog)Deutsche Bank is the latest to jump on the negative Nelly party for Goldman Sachs. In a preview of third-quarter earnings on Wall Street, Deutsche Bank's equity ana...

Deutsche Predicts 3Q Loss at Goldman Sachs � Wall Street Journal (blog)

http://twlv.net/Mb7QVs

Pimco, Neuberger Defy Bank Bond 'Pain Threshold': Credit Markets - BusinessWeek

Sept. 29 (Bloomberg) -- Bond managers from Pacific Investment Management Co. to Neuberger Berman Management LLC are sticking with bets that U.S. banks will withstand a European crisis that's triggered the biggest losses since early 2009. More ... http://tinyurl.com/3gb8ys4

Forex: Euro, British Pound Consolidation To Gather Pace � TheStreet.com

ReutersForex: Euro, British Pound Consolidation To Gather PaceTheStreet.comThe British Pound pared the overnight advance to 1.5701 even as the economic docket encourage an improved outlook for the UK, and the GBP/USD may consolidate over the remainder ...

Forex: Euro, British Pound Consolidation To Gather Pace � TheStreet.com

http://twlv.net/mbwK81

Bank's Miles says banks need far larger capital buffers - Reuters UK

LUXEMBOURG (Reuters) - Banks should have capital buffers far in excess of current levels, and more than double the minimum required under Basel III, and they could do so without dramatically raising their costs, Bank of England policymaker David ... http://tinyurl.com/6dodylp

Sweden's Krona Won't Get Swiss Franc's Haven Status, Nyberg Says � Bloomberg

Sweden's Krona Won't Get Swiss Franc's Haven Status, Nyberg SaysBloombergSwedish central bank Deputy Governor Lars Nyberg said the krona will never become a substitute for the Swiss franc as a haven currency. It will take "much longer" ...

Sweden's Krona Won't Get Swiss Franc's Haven Status, Nyberg Says � Bloomberg

http://twlv.net/KkcRGU

S Korea Won Tad Lower Late; Investors Eye German Vote On EFSF � Wall Street Journal

S Korea Won Tad Lower Late; Investors Eye German Vote On EFSFWall Street JournalSEOUL (Dow Jones)--The South Korean won was slightly lower against the US dollar late Thursday due to continued jitters over the euro-zone debt problem, though demand from ...

S Korea Won Tad Lower Late; Investors Eye German Vote On EFSF � Wall Street Journal

http://twlv.net/E9NA3O

Vietnam Central Bank Caps Some Dong Deposit Rates at 6% - BusinessWeek

Sept. 29 (Bloomberg) -- Vietnam's central bank said it will cap interest rates on dong deposits that are non-term and those less than a month at 6 percent to address "liquidity risks," amid concerns about the health of the nation's ... http://tinyurl.com/6kq499t

Wednesday, September 28, 2011

More Pain for Australian Dollar; to Fall to $0.90: UBS � CNBC.com

CNBC.comMore Pain for Australian Dollar; to Fall to $0.90: UBSCNBC.comWith Europe's debt crisis keeping markets on tenterhooks, it's not surprising that the Australian dollar � widely considered as a barometer of the health of the global econ...

More Pain for Australian Dollar; to Fall to $0.90: UBS � CNBC.com

http://twlv.net/dCFLzC

Madoff-Mets, HSBC, Google, Health-Care Law in Court News � BusinessWeek

Madoff-Mets, HSBC, Google, Health-Care Law in Court NewsBusinessWeekProsecutors have filed criminal tax charges against more than three dozen former US clients of UBS AG and Credit Suisse Group AG, Switzerland's two biggest banks, and London-based ...

Madoff-Mets, HSBC, Google, Health-Care Law in Court News � BusinessWeek

http://twlv.net/eVwZtx

Bank of America Agrees to Reduce Lehman Claims, Return Funds - BusinessWeek

Sept. 29 (Bloomberg) -- Bank of America Corp. agreed to reduce its derivative claims against Lehman Brothers Holdings Inc. entities by $4.5 billion and return about $356 million to Lehman to settle disputes over derivatives obligations ... http://tinyurl.com/3cduwqj

Asian Stocks, Commodities Decline on Europe Debt Concerns; Yen Strengthens � Bloomberg

Globe and MailAsian Stocks, Commodities Decline on Europe Debt Concerns; Yen StrengthensBloombergArnott also discusses the stocks of Bank of America Corp. and Apple Inc., and Greece's sovereign debt crisis. He speaks with Lisa Murphy on Bloomberg T...

Asian Stocks, Commodities Decline on Europe Debt Concerns; Yen Strengthens � Bloomberg

http://twlv.net/72CqT3

Euro drifts ahead of German vote � Reuters

ReutersEuro drifts ahead of German voteReutersA Euro sign is seen in the window of a discount store on Moore Street in Dublin July 6, 2011. By Cecile Lefort SYDNEY (Reuters) - The euro was under modest pressure in Asia on Thursday on profit taking and ...

Euro drifts ahead of German vote � Reuters

http://twlv.net/Ow3XlK

Last Chance to Save the Euro � Wall Street Journal

Telegraph.co.ukLast Chance to Save the EuroWall Street JournalThe European debt discussions always paint the alternatives as either bail out countries (really, bail out their bondholders) or break up the euro. In fact, the euro and the European economi...

Last Chance to Save the Euro � Wall Street Journal

http://twlv.net/u8lDCK

How the major stock indexes fared on Wednesday (AP)

AP - A three-day winning streak in the stock market came to an end Wednesday as investors worried about Europe's ability to contain its debt crisis. The Dow Jones industrial average fell 180 points. Raw materials companies had the biggest declines afte...

How the major stock indexes fared on Wednesday
(AP)

http://twlv.net/DCLgSd

Report Frees Brazil Exporters From Derivatives Tax � Wall Street Journal

Report Frees Brazil Exporters From Derivatives TaxWall Street JournalShort-dollar positions were a factor in the unwanted appreciation of the Brazilian real against the US dollar. Mantega said the strong real was hurting Brazilian exports. However, in ...

Report Frees Brazil Exporters From Derivatives Tax � Wall Street Journal

http://twlv.net/OSYrCN

PROMERICA BANK Receives Funding from the U.S. Treasury's Small Business Lending Fund Program - msnbc.com

Promérica Bank (OTCQB: PMRA) (PINKSHEETS: PMRA), today announced that it received a capital investment of $3.8 million in the Bank's preferred stock from the U.S. Treasury Department's Small Business Lending Fund ("the SBLF"). The SBLF was created by the ... http://tinyurl.com/5tzwrow

NYPD will investigate pepper spraying at protest (AP)

AP - New York City Police Commissioner Raymond Kelly says his department will look into a complaint that an officer wrongly used pepper spray at a demonstration against Wall Street last week.

NYPD will investigate pepper spraying at protest
(AP)

http://twlv.net/KR14tx

Basel Committee Keeps 2.5% Surcharges for Biggest Banks � Bloomberg

Basel Committee Keeps 2.5% Surcharges for Biggest BanksBloombergBNP Paribas, France's biggest bank, said in its response to the Basel consultation that the surcharge proposals should be put on hold indefinitely. BNP Paribas, France's biggest ba...

Basel Committee Keeps 2.5% Surcharges for Biggest Banks � Bloomberg

http://twlv.net/xKwPYg

Serial Bank Robbery Suspect Arrested In Texas - msnbc.com

WLWT.com An arrest has been made in a trio of bank robberies in the eastern Tri-State. Blanchester police said Eric Morgan is now a suspect in bank robberies in Sabina, Blanchester and Milford earlier this month. Police said they got a tip Tuesday from a ... http://tinyurl.com/5vg7o9b

Slim Turns to Samurai Bonds for Funding: Mexico Credit � BusinessWeek

Slim Turns to Samurai Bonds for Funding: Mexico CreditBusinessWeekThe company sales last year included $4 billion in dollar bonds, a $3 billion sale in the euro and pound bond markets, $1.2 billion in Mexican peso bonds and $215 million in Swiss franc ...

Slim Turns to Samurai Bonds for Funding: Mexico Credit � BusinessWeek

http://twlv.net/NllTX0

Text-Fitch rates Maine Muni Bond Bank $50M revs AAA - Reuters

CHICAGO, September 28 (Fitch) Fitch Ratings has assigned an 'AAA' rating to the following Maine Municipal Bond Bank (the bond bank) general resolution bonds: --$26.1 million 2011 series E tax exempt refunding bonds; --$23.9 million 2011 series F ... http://tinyurl.com/6xeg4s3

The Chart Tells Us Everything � Inthemoneystocks.com (blog)

The Chart Tells Us EverythingInthemoneystocks.com (blog)The major stock indexes continue to trade inverse to the US Dollar Index. As soon as the opening bell rings at the New York Stock Exchange traders should simply follow a chart of the US Dollar Ind...

The Chart Tells Us Everything � Inthemoneystocks.com (blog)

http://twlv.net/6J11cU

Wall Street To Open Higher After Durables Data; Hot Stocks: FDO, JBL, ACTS, MKC, AMZN



Wall Street To Open Higher After Durables Data; Hot Stocks: FDO, JBL, ACTS, MKC, AMZN
istockAnalyst.com - 3 minutes ago
US stock futures pointed to a higher open on Wednesday as Finland's parliament approved changes to the euro-zone bailout fun...

Wall Street To Open Higher After Durables Data; Hot Stocks: FDO, JBL, ACTS, MKC, AMZN

http://twlv.net/05pz4e

BOE Says Bank Earnings Outlook May Limit Capital Raising - BusinessWeek

Sept. 28 (Bloomberg) -- The Bank of England's Financial Policy Committee said market strains related to the euro-area debt crisis have dented the outlook for bank earnings and may impede their ability to strengthen balance sheets. "The ... http://tinyurl.com/3hn64zw

CITIBANK, N.A. v. DEBRA LINDLAND � Leagle.com

CITIBANK, N.A. v. DEBRA LINDLANDLeagle.comThe plaintiff, Citibank, NA, as trustee of SACO 2007-2, appeals from the judgment of the trial court granting a motion to open the judgment of foreclosure by sale filed by Robert Olsen, 1 the successful bidder ...

CITIBANK, N.A. v. DEBRA LINDLAND � Leagle.com

http://twlv.net/wkZVjF

S Korea Sovereign Fund Won't Buy More Bank of America Shares For Now � Sources � Fox Business

S Korea Sovereign Fund Won't Buy More Bank of America Shares For Now - SourcesFox BusinessSEOUL -(Dow Jones)- Korea Investment Corp. has decided not to buy more Bank of America (BAC) shares for now amid increasing criticism over significant valuati...

S Korea Sovereign Fund Won't Buy More Bank of America Shares For Now � Sources � Fox Business

http://twlv.net/F6wcXV

West Bank Settlers Spurning UN Vow Growth While Army Trains - BusinessWeek

Sept. 28 (Bloomberg) -- Shaul Goldstein has been building West Bank settlements as a contractor and politician for 20 years. He plans to continue no matter what Palestinian Authority President Mahmoud Abbas achieves in his bid for statehood ... http://tinyurl.com/3vpk74d

Most Asian Stocks Advance as Greece Makes Progress to Secure Aid � BusinessWeek

ReutersMost Asian Stocks Advance as Greece Makes Progress to Secure AidBusinessWeekStandard Chartered Plc, the UK's third-biggest lender by market value, climbed 2.2 percent in Hong Kong. Oki Electric Industry Co. surged 9.2 percent in Tokyo after ...

Most Asian Stocks Advance as Greece Makes Progress to Secure Aid � BusinessWeek

http://twlv.net/PeWpme

Education fever sparks divorce in S. Korea � Sin Chew Jit Poh

Education fever sparks divorce in S. KoreaSin Chew Jit PohSEOUL, September 28, 2011 (AFP) - A housewife who abused her son for his poor test scores was Wednesday ordered to pay her husband 10 million won ($8500) in a divorce case which highlights South...

Education fever sparks divorce in S. Korea � Sin Chew Jit Poh

http://twlv.net/EStgXA

Tuesday, September 27, 2011

Dollar gains as traders await Greek bailout details � Sydney Morning Herald

Dollar gains as traders await Greek bailout detailsSydney Morning HeraldThe Australian dollar was slightly firmer as investors wait for more details on how world finance officials plan to support Greece's debt-laden economy and save it from default...

Dollar gains as traders await Greek bailout details � Sydney Morning Herald

http://twlv.net/o6mfS0

For Bank of America, a $50 Billion Claim of Havoc Looms - New York Times

Bank of America's potential liability for bad mortgages � in the tens of billions of dollars � is well known. But Bank of America is haunted by other demons from the financial crisis, the most significant one being a lawsuit arising from ... http://tinyurl.com/6kkcx49

Euro bounce pauses; yen up on quarter-end flows � Reuters

ReutersEuro bounce pauses; yen up on quarter-end flowsReutersA Euro sign is seen in the window of a discount store on Moore Street in Dublin July 6, 2011. By Masayuki Kitano and Cecile Lefort SINGAPORE/SYDNEY (Reuters) - The euro was steady versus the ...

Euro bounce pauses; yen up on quarter-end flows � Reuters

http://twlv.net/qonLyM

West Bank Settlers Spurning UN Vote Vow Growth While Army Trains - BusinessWeek

Sept. 28 (Bloomberg) -- Shaul Goldstein has been building West Bank settlements as a contractor and politician for 20 years. He plans to keep going no matter what Palestinian Authority President Mahmoud Abbas achieves in his bid for statehood ... http://tinyurl.com/6xts83t

UBS retreat signals rapid drop from bank top flight � Reuters India

Straits TimesUBS retreat signals rapid drop from bank top flightReuters IndiaA worker stands on a ladder under the logo of Swiss bank UBS at the company's headquarters in Zurich May 26, 2011. By Douwe Miedema and Steve Slater LONDON (Reuters) - UBS...

UBS retreat signals rapid drop from bank top flight � Reuters India

http://twlv.net/ZKycAq

UBS retreat signals rapid drop from bank top flight - Reuters India

LONDON (Reuters) - UBS faces a brutal shrinkage of its investment bank after dropping its ambition to be a major global player in favour of a plan to focus on its core wealthy clients. The "one-stop shop" model that has defined the industry for ... http://tinyurl.com/45x7a76

Index stays on track � Sydney Morning Herald

Sydney Morning HeraldIndex stays on trackSydney Morning HeraldThe new ETCs offered by the Royal Bank of Scotland are based on the Rogers International Commodity Index (RICI) developed by the legendary investor, Jim Rogers, more than a decade ago. At th...

Index stays on track � Sydney Morning Herald

http://twlv.net/SUB9Md

Fisher: Central Bank Is Under Attack - Bloomberg

Federal Reserve Bank of Dallas President Richard Fisher said the central bank's independence is under attack from both ends of the political spectrum in Congress, and he singled out two of the critics by name. His comments are "true as a ... http://tinyurl.com/6czzc4y

Scammers using Wells Fargo merger to phish for personal information � WACH

Scammers using Wells Fargo merger to phish for personal informationWACHOfficials say scammers are using the Wells Fargo- Wachovia transition to try and gain personal information from customers. COLUMBIA (WACH)-- Wachovia is officially Wells Fargo now, ...

Scammers using Wells Fargo merger to phish for personal information � WACH

http://twlv.net/esU5sb

Tapping our tourism potential � Sydney Morning Herald (blog)

Tapping our tourism potentialSydney Morning Herald (blog)Our highly favourable terms of trade have been a contributing factor to the strengthening of the Australian dollar, particularly against the US dollar. While this has meant cheaper imported goods...

Tapping our tourism potential � Sydney Morning Herald (blog)

http://twlv.net/oCqCgd

Senate to take up China currency bill next week � WTAQ

AFPSenate to take up China currency bill next weekWTAQRenminbi is the formal name for China's currency, which is also called the yuan. A key provision of the Senate bill would instruct the Commerce Department to treat undervalued currencies as a su...

Senate to take up China currency bill next week � WTAQ

http://twlv.net/I97WCw

DEALTALK-UBS retreat signals rapid drop from bank top flight - Reuters UK

LONDON, Sept 27 (Reuters) - UBS faces a brutal shrinkage of its investment bank after dropping its ambition to be a major global player in favour of a plan to focus on its core wealthy clients. The "one-stop shop" model that has defined the ... http://tinyurl.com/64curyn

Global Stock Markets Rallied on Rising Europe Hopes While US dollar Dropped � USA Market News

Wall Street JournalGlobal Stock Markets Rallied on Rising Europe Hopes While US dollar DroppedUSA Market NewsThe US dollar knock down Tuesday as global stock markets rallied on rising assumption that euro-zone administrators will take significant actio...

Global Stock Markets Rallied on Rising Europe Hopes While US dollar Dropped � USA Market News

http://twlv.net/UJqGPR

Iran bank chiefs ousted in $2.6 bln fraud fallout - Reuters India

TEHRAN (Reuters) - A $2.6 billion financial fraud that has shaken the government of Iranian President Mahmoud Ahmadinejad saw the heads of three of the country's banks ousted on Tuesday as lawmakers threaten to impeach the economy minister. The ... http://tinyurl.com/5tkcp48

JPMorgan Chase seeks 450 workers for jobs in Gahanna � Columbus Dispatch

JPMorgan Chase seeks 450 workers for jobs in GahannaColumbus DispatchChase spokeswoman Mary Kay Bean said the bank invested $15 million in the two buildings to get them ready for the expansion. "That's a little shot in the arm for central Ohio...

JPMorgan Chase seeks 450 workers for jobs in Gahanna � Columbus Dispatch

http://twlv.net/zdtBgK

Eastern Power Networks Sets Final Terms On GBP250 Million 2021 Bond � Fox Business

Eastern Power Networks Sets Final Terms On GBP250 Million 2021 BondFox BusinessBarclays Capital, BNP Paribas SA, and Lloyds Bank Corporation are the book runners on the deal. Eastern Power Networks is rated BBB+ by Moody's Investors Services Inc., ...

Eastern Power Networks Sets Final Terms On GBP250 Million 2021 Bond � Fox Business

http://twlv.net/Jg5VA6

Bank of America Customer Locked Inside Branch - ABC News

A customer is suing Bank of America after he was allegedly locked inside a local branch during a bomb scare, according to Courthouse News Service. Here's the story based on a Courthouse News Service�report: In the case of John Caughman versus Bank of ... http://tinyurl.com/64zzrty

CREDIT AGRICOLE : Private Equity taking part in second round of funding for L … � 4-traders (press release)

CREDIT AGRICOLE : Private Equity taking part in second round of funding for L ...4-traders (press release)L'Usine � Design, an e-commerce site and community for bespoke designer furniture and interior design, has raised €4 million in a second ro...

CREDIT AGRICOLE : Private Equity taking part in second round of funding for L … � 4-traders (press release)

http://twlv.net/PkILe8

Russia c.bank head praises Kudrin, vows stability - Reuters UK

MOSCOW, Sept 27 (Reuters) - The head of Russia's central bank on Tuesday praised Alexei Kudrin as a "very strong" finance minister and vowed to take the necessary action to stabilise the country's financial markets and banks after Kudrin's ... http://tinyurl.com/5tfwq9j

Cigna targets UK with FirstAssist purchase � ifaonline.co.uk

Insurance AgeCigna targets UK with FirstAssist purchaseifaonline.co.ukFirstAssist has nearly 3 million policy holders in the UK and was previously owned by Barclays Private Equity. The �71m deal is pending regulatory approval but is expected to be com...

Cigna targets UK with FirstAssist purchase � ifaonline.co.uk

http://twlv.net/TRlfLq

DIARY - Major Central Bank Meetings for 2011 - Reuters India

Please note the diaries mentioned above can be accessed only from Thomson Reuters products. Please find below a list of dates of meetings and interest rate decisions in 2011 from key central banks around the world. U.S. FEDERAL OPEN MARKET ... http://tinyurl.com/3dfajml

European Stocks Rally for Third Day; US Index Futures Advance � BusinessWeek

European Stocks Rally for Third Day; US Index Futures AdvanceBusinessWeekBNP Paribas SA and Societe Generale SA led a rally in banks, soaring at least 8 percent. MAN SE gained 6.7 percent as European Union regulators cleared Volkswagen AG's takeove...

European Stocks Rally for Third Day; US Index Futures Advance � BusinessWeek

http://twlv.net/X1cHhP

Kudrin May Head Russia's Central Bank for Putin After Ouster by Medvedev - Bloomberg

By Emma O'Brien and Henry Meyer - Tue Sep 27 08:29:48 GMT 2011 Former Russian Finance Minister Alexei Kudrin, ousted by President Dmitry Medvedev for insubordination, may regain policy influence as chairman of the central bank in a Vladimir ... http://tinyurl.com/6x7mfab

FTSE 100 moves higher highlighting just how difficult trading conditions are



FTSE 100 moves higher highlighting just how difficult trading conditions are
Economy News - 17 minutes ago
From a technical point of view the FTSE 100 has yet to close below the psychological 5000 level and remains quite well supported. The FTSE 10...

FTSE 100 moves higher highlighting just how difficult trading conditions are

http://twlv.net/2uR8es

Teaser loans not in every bank's cup this time � Rupee Times

Moneycontrol.comTeaser loans not in every bank's cup this timeRupee TimesLenders like ICICI Bank and HDFC as well as LIC housing finance have already introduced these fixed cum floating rate schemes in the home loan segment for customers. However w...

Teaser loans not in every bank's cup this time � Rupee Times

http://twlv.net/UTNmcR

Twin Bank Failures Take Count to 73 - Yahoo Finance

After a week's pause, U.S. regulators were back in action. The sector saw a couple of banks topple in Virginia and California last week. This brings the total number of U.S. bank failures to 73 so far in 2011, following 157 in 2010, 140 in 2009 and 25 in ... http://tinyurl.com/6caae8b

Monday, September 26, 2011

RUPEE: Positive On Strong Local Shares � India Infoline.com

RUPEE: Positive On Strong Local SharesIndia Infoline.comThe Indian rupee strengthened on Tuesday, September 27, 2011 in line with other Asian currencies on the back of positive local shares and a firm euro overseas. The domestic currency commenced high...

RUPEE: Positive On Strong Local Shares � India Infoline.com

http://twlv.net/aSoJ0n

Singapore Inc.'s Bank Bet Losses Pile Up on UBS Scandal - BusinessWeek

(Updates with additional comment by Teo in ninth paragraph, investments by sovereign funds in 15th.) Sept. 27 (Bloomberg) -- Government of Singapore Investment Corp. faces a 6.7 billion Swiss franc ($7.4 billion) loss as the biggest investor of ... http://tinyurl.com/6kn94av

World's Biggest Rate Cut Forecast on Global Slump: Brazil Credit � BusinessWeek

World's Biggest Rate Cut Forecast on Global Slump: Brazil CreditBusinessWeekYields on Brazil's real-denominated bonds due in 2021 fell 28 basis points yesterday, to 11.66 percent, according to data compiled by Bloomberg. The real rose 0.5 perce...

World's Biggest Rate Cut Forecast on Global Slump: Brazil Credit � BusinessWeek

http://twlv.net/uZGz9j

Crowbar used in slaying in Red Bank; 4 charged - msnbc.com

Jordan Collins was struck at least several times on the head and face with a crowbar by a former roommate before he died, according to authorities. The 27-year-old's credit cards, laptop, wallet and possibly cellphone were taken from inside the small frame ... http://tinyurl.com/6227qj9

Aussie, NZ Dollars Erase Earlier Drops Versus US Currency � BusinessWeek

Aussie, NZ Dollars Erase Earlier Drops Versus US CurrencyBusinessWeek27 (Bloomberg) -- The Australian and New Zealand currencies erased earlier losses against the US dollar as Asian stocks extended gains. The Australian dollar bought 98.36 US cents at ...

Aussie, NZ Dollars Erase Earlier Drops Versus US Currency � BusinessWeek

http://twlv.net/iiY1Nw

Singapore Inc.'s Bank Bet Losses Pile Up in Wake of UBS's Trading Scandal - Bloomberg

Government of Singapore Investment Corp. faces a 6.7 billion Swiss franc ($7.4 billion) loss as the biggest investor of UBS AG (UBSN), topping unprofitable banking investments by the city's sovereign wealth firms since 2007. UBS shares ... http://tinyurl.com/3m8a4rt

Korean Won Rebounds on European Debt Optimism; Bonds Advance � Bloomberg

Korean Won Rebounds on European Debt Optimism; Bonds AdvanceBloombergSouth Korea's won rebounded from near a one-year low as optimism grew European leaders will act to contain a regional debt crisis that prompted global funds to seek refuge in the ...

Korean Won Rebounds on European Debt Optimism; Bonds Advance � Bloomberg

http://twlv.net/7z1iCb

S.Korea-Market Factors to watch Sept 27 � Reuters

S.Korea-Market Factors to watch Sept 27Reuters>1500 Bank of Korea's Aug rate meeting minutes MARKETS >Seoul shares hit 15-month-low;retail investors sell >S.Korea won tumbles to near 1-yr low on euro doubt MARKET SNAPSHOTS *US stocks rose ...

S.Korea-Market Factors to watch Sept 27 � Reuters

http://twlv.net/eNMHmi

Wells Fargo Invests in Solar Energy � Zacks.com

Wells Fargo Invests in Solar EnergyZacks.comLast week, Wells Fargo & Company (WFC - Analyst Report) announced to finance for the operation of 53.5 megawatt (MW) photovoltaic solar power project of Sun Edison in New Mexico. The project includes five...

Wells Fargo Invests in Solar Energy � Zacks.com

http://twlv.net/EhwMuG

HK mortgage loans plummet as buying confidence shaken � - Hong Kong Standard

HK mortgage loans plummet as buying confidence shaken -Hong Kong StandardCentaline Mortgage Broker managing director Ivy Wong Mei- fung expects more homeowners to gravitate toward prime-based loans, as some banks are offering prime-based plans with low...

HK mortgage loans plummet as buying confidence shaken � - Hong Kong Standard

http://twlv.net/DYciHG

WL Ross, Yucaipa invest $100M in Amalgamated Bank - AP - msnbc.com

Amalgamated Bank is getting an infusion of $100 million from two high-profile investors, the New York bank owned by a unit of the Service Employees International Union said Monday. The funds will help the bank meet increased capital requirements ordered by ... http://tinyurl.com/3cxabw3

Oil Gains on Hopes for EU Rescue After Drop to Seven-Week Low � BusinessWeek

Moneycontrol.comOil Gains on Hopes for EU Rescue After Drop to Seven-Week LowBusinessWeekFutures gained as much as 1.8 percent after a euro-region central bank official, who declined to be identified, said policy makers are likely to debate the resumpt...

Oil Gains on Hopes for EU Rescue After Drop to Seven-Week Low � BusinessWeek

http://twlv.net/dnSbu7

FOREX-Euro declines vs dollar yen on EU rescue plan doubts � London South East

FOREX-Euro declines vs dollar yen on EU rescue plan doubtsLondon South East23 Change Change Close ------------------------------------------------------------- Euro/dlr 1.3480 1.3496 -0.12 +0.77 1.3377 Dlr/yen 76.410 76.580 -0.22 -5.84 81.150 Euro/yen ...

FOREX-Euro declines vs dollar yen on EU rescue plan doubts � London South East

http://twlv.net/nBmJ06

Governor of the Central Bank in Latvia to Ring The NASDAQ Stock Market Closing Bell - msnbc.com

ADVISORY, Sept. 26, 2011 (GLOBE NEWSWIRE) -- What: The Governor of the Central Bank in Latvia will visit the NASDAQ MarketSite in New York City's Times Square to officially ring The NASDAQ Stock Market Closing Bell. Where: NASDAQ MarketSite ... http://tinyurl.com/3bfskvr

Barclays Sees BOE Restarting Asset Purchases in November � Bloomberg

Barclays Sees BOE Restarting Asset Purchases in NovemberBloombergBy Svenja O'Donnell - Mon Sep 26 15:39:14 GMT 2011 The Bank of Egnland will resume bond purchases in November, Barclays Capital said in an e-mailed note to clients today. The central ...

Barclays Sees BOE Restarting Asset Purchases in November � Bloomberg

http://twlv.net/GA2h3D

California Bank & Trust Appoints Betty Rengifo Uribe Executive Vice President and Head of Its Business and Personal Banking D

California Bank & Trust (CB&T) (www.calbanktrust.com) is pleased to announce the appointment of Betty Rengifo Uribe to the position of executive vice president and head of its business and personal banking division, reporting to CB&T's CEO David Blackford ... http://tinyurl.com/3pmawrg

Stocks: Jitters over Europe persist

U.S. stocks were mixed Monday, as jittery investors hoped that Europe's debt crisis was headed on the right path ... toward resolution.

Stocks: Jitters over Europe persist

http://twlv.net/LZ8KmB

Bank of America Announces Results of New Economic Impact Study for Bank of America Chicago Marathon - Yahoo Finance

CHICAGO--(BUSINESS WIRE)-- The Bank of America Chicago Marathon contributes an estimated $171.5 million in total business activity to the Chicago economy, according to a new economic impact report. The independent study was conducted by University of ... http://tinyurl.com/3mza567

European Stocks Rise for Second Day on Banks � Bloomberg

European Stocks Rise for Second Day on BanksBloombergA report by JPMorgan Chase & Co. today said euro-area banks need at least 150 billion euros of capital provided through a Europe-wide TARP akin to the US plan. The $700 billion program was starte...

European Stocks Rise for Second Day on Banks � Bloomberg

http://twlv.net/p56G6y

Fusion-io Accelerates Deutsche Bank Credit Risk Calculation and Information Systems - Yahoo Finance

MANNHEIM, Germany and SALT LAKE CITY, Sept. 26, 2011 /PRNewswire/ -- [SAS Forum] � Fusion-io, Inc., (NYSE:FIO - News) pioneer of shared data decentralization, today announced that Deutsche Bank has deployed ioMemory technology to reduce latency and ... http://tinyurl.com/69co8sg

Euro off lows, but doubts over EU steps linger � Reuters

ReutersEuro off lows, but doubts over EU steps lingerReutersA Euro sign is seen in the window of a discount store on Moore Street in Dublin July 6, 2011. By Anirban Nag LONDON (Reuters) - The euro recovered some losses on a slightly better-than-expecte...

Euro off lows, but doubts over EU steps linger � Reuters

http://twlv.net/TresBW

Bank's Broadbent says global woes to depress UK inflation - Reuters UK

LONDON (Reuters) - A weak global economy will put downward pressure on Britain's high rate of inflation and sterling is likely to remain weak for some time to come, Bank of England policymaker Ben Broadbent said on Monday. Broadbent said Britain ... http://tinyurl.com/3wm956q

Goldman at top of Japan M&A table with steel deal � Reuters

Goldman at top of Japan M&A table with steel dealReutersTOKYO, Sept 26 (Reuters) - Goldman Sachs has risen to the top spot of Japan's M&A league table so far in 2011 after securing an advisory role in a $22.5 billion steel industry merger, ...

Goldman at top of Japan M&A table with steel deal � Reuters

http://twlv.net/sr7Ogl

Goldman Sachs to invest $201 million in Indian start-up ReNew Wind Power � Economic Times

Goldman Sachs to invest $201 million in Indian start-up ReNew Wind PowerEconomic TimesNEW DELHI: US investment bank Goldman Sachs will invest 10 billion rupees ($201.6 million) in equity of Indian renewable energy start-up ReNew Wind Power, the Indian ...

Goldman Sachs to invest $201 million in Indian start-up ReNew Wind Power � Economic Times

http://twlv.net/mSCBXd

US Dollar At Risk for Some Short-Term Corrective Selling � Forex Rate It!

US Dollar At Risk for Some Short-Term Corrective SellingForex Rate It!On the strategy front, currencies remain under pressure against the US Dollar and Yen, with market participants continuing to shift money into the lower yielding and safe haven optio...

US Dollar At Risk for Some Short-Term Corrective Selling � Forex Rate It!

http://twlv.net/Tye6Bn

Union-Owned Bank Finds Help in Ross and Burkle - New York Times

The nation's only union-owned bank is getting a lifeline from two financiers: Wilbur L. Ross Jr. and Ronald W. Burkle. Amalgamated Bank, founded in New York in 1923 to make loans to struggling apparel workers, said on Sunday that affiliates of ... http://tinyurl.com/64x57hw

Sunday, September 25, 2011

HK shares weaker as property sags, China edges down



HK shares weaker as property sags, China edges down
Reuters UK - 2 minutes ago
By Clement Tan and Samuel Shen HONG KONG/SHANGHAI, Sept 26 (Reuters) - Hong Kong shares fell on Monday, dragged down by the territory's property names in midday turn...

HK shares weaker as property sags, China edges down

http://twlv.net/dsu7qi

Japan Stocks Drop to Two-Year Low as Europe Delays Greece Aid



Japan Stocks Drop to Two-Year Low as Europe Delays Greece Aid
BusinessWeek - 1 hour ago
By Jonathan Burgos and Masaaki Iwamoto Sept. 26 (Bloomberg) -- Japanese stocks fell after a three- day weekend, with the benchmark Nikkei 225 Stock Average head...

Japan Stocks Drop to Two-Year Low as Europe Delays Greece Aid

http://twlv.net/cuvLyO

Palestinian Man Killed in West Bank Clash - ABC News

Israeli soldiers shot dead a Palestinian man during a clash between West Bank villagers and Israeli settlers Friday, according to witness and military accounts. The shooting came amid heightened tensions over the Palestinians' bid to seek U.N ... http://tinyurl.com/42xx2yu

UBS chief left after clash on strategy: FT � Reuters

ReutersUBS chief left after clash on strategy: FTReuters(Reuters) - UBS AG's chief executive Oswald Grübel's resignation came after the bank's board refused to support his plan to...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/QhtBUo

The Quietest Big Bank You've Never Heard Of - Forbes

The quiet bank, CLS, set a record of 1,960,492 sides in foreign exchange transactions on 23 September worth a total of $8.992 trillion. Not a bad day for a nonprofit bank.�They told me about it at Sibos in Toronto and now have the numbers up on ... http://tinyurl.com/5vnjlco

Foreign investors, others besiege DMO for Sovereign Bond � The Nation Newspaper

Foreign investors, others besiege DMO for Sovereign BondThe Nation NewspaperInternational financial institutions, such as Citibank, BNP Paribas, Bank of America, Merrill Lynch, Deutsche Bank, Credit...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/tuNJJk

UBS bank's revamp after trading scandal to take years - Reuters

ZURICH (Reuters) - Reorganising the investment bank at UBS will take two to three years to complete, its chairman said on Sunday, a day after Chief Executive Oswald Gruebel quit over the $2.3 billion rogue trading scandal. The UBS board on ... http://tinyurl.com/6zr2r7g

GBP rallied throughout Friday's session � FXstreet.com

GBP rallied throughout Friday's sessionFXstreet.comLooking ahead this morning, markets attention will be focused on the Nations Trade Balance Figures due for release at 10:45am local time The...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/Q8hIiN

US tax authorities target bank deals � Financial Times

ProPublicaUS tax authorities target bank dealsFinancial TimesWashington Mutual has settled a similar dispute and Wachovia is pursuing an administrative complaint over a deal. The UK's Barclays...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/OpiZtA

Bank Lobby Rejects Reopening of Greek Rescue Deal - ABC News

The international bank lobbying group that has been leading negotiations on giving debt-ridden Greece easier terms for its bonds on Sunday rejected calls to impose larger losses on private investors. Forcing private creditors to write down their ... http://tinyurl.com/6jsd9yr

BNP Paribas rules out external help � Financial Times

Financial TimesBNP Paribas rules out external helpFinancial TimesBNP Paribas is not using a European Central Bank dollar lending facility and can weather the storm in the continental financial sector...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/nDf6Ty

Yuan May Become Fully Convertible in 5 Years, PBOC Adviser Says � Bloomberg

ReutersYuan May Become Fully Convertible in 5 Years, PBOC Adviser SaysBloombergChina's yuan may become a fully convertible currency in five years, said Li Daokui, an adviser to the People's...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/EWBT4u

WEST BANK: Mahmoud Abbas gets hero's welcome in Ramallah - Los Angeles Times

REPORTING FROM RAMALLAH, WEST BANK -- Thousands of Palestinians gave Palestinian Authority President Mahmoud Abbas a hero's welcome Sunday upon his return from his historic visit to the United Nations. Large crowds carrying his picture and ... http://tinyurl.com/4xndyhd

Noyer says French banks could use 2008 support mechanism � Reuters

Irish TimesNoyer says French banks could use 2008 support mechanismReutersAt the meeting, which the JDD said was attended by the head of France's Treasury and the chief executives of French...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/P2LCQ9

Wall St Week Ahead: Earnings calls wake up to Wall Street pain (Reuters)

Reuters - Earnings forecasts for U.S. companies are starting to feel the pain on Wall Street and in the broader economy as the odds of another recession rise.
Wall St Week Ahead: Earnings calls wake...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/vDpxhE

UBS bank's revamp after trading scandal to take years - msnbc.com

Reorganising the investment bank at UBS will take two to three years to complete, its chairman said on Sunday, a day after Chief Executive Oswald Gruebel quit over the $2.3 billion rogue trading scandal. The UBS board on Saturday accepted the resignation ... http://tinyurl.com/64qzq3k

Dear Citibank � Inquirer.net

Inquirer.netDear CitibankInquirer.netAlso, I would like to thank Citibank for offering their financial keeping to our nation and for donating the newspapers to our school. And, last but not the...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/oV8sS8

New UBS boss seeks fresh start after trading scandal � Reuters

New York TimesNew UBS boss seeks fresh start after trading scandalReutersZURICH (Reuters) - The new interim boss of UBS faced a daunting task on Sunday as he tries to get the Swiss bank back on its...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/6Q1H7J

Bank of America activists get theatrical - Boston Herald

Hub activists have begun protesting Bank of America foreclosures using "street theater," from leaving a vacant home's trash on an executive's doorstep to sneaking into a business breakfast to hand out anti-B of A muffins. "We feel this is a fun ... http://tinyurl.com/3koh7ma

Highs, lows of Dow Jones

Highs, lows of Dow Jones
Atlanta Journal Constitution - 10 minutes ago
By Russell Grantham AP NewsAlert Thursday, the Dow Jones industrial average dropped 391 points to below 10,734 as investors...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/pPbK8G

China to invest 2 trillion yuan in low-carbon economy � Economic Times

China DailyChina to invest 2 trillion yuan in low-carbon economyEconomic TimesBEIJING: China will invest 2 trillion yuan (about $313 billion) to promote a green, low-carbon economy in the next five...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/jdzJ27

World Bank boosts Horn of Africa aid to $1.88 bln - Reuters

WASHINGTON (Reuters) - The World Bank said on Saturday it was more than tripling funding to $1.88 billion for a worsening drought in Horn of Africa countries affecting more than 13 million people. The funding is boosted from around $500 million ... http://tinyurl.com/6kcme7m

Re fall may inflate India Inc's foreign loan bill by $2 bn � Moneycontrol.com

Re fall may inflate India Inc's foreign loan bill by $2 bnMoneycontrol.comPublished on Sun, Sep 25, 2011 at 12:09 | Source : PTI The falling value of rupee may impact hard the profitability...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/6euWAo

Saturday, September 24, 2011

Todays Gold Price per ounce Silver price per ounce; Spot gold price per gram; DJIA Index DJX DJI; Gold Silver Dow Jones Red

Todays Gold Price per ounce Silver price per ounce; Spot gold price per gram; DJIA Index DJX DJI; Gold Silver Dow Jones Red
Learning and Finance - 20 minutes ago
Gold prices just aren't what...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/8uFce1

For Europe, the criticism piles on at IMF meeting � Washington Post

BBC NewsFor Europe, the criticism piles on at IMF meetingWashington PostMajor economic powers and the International Monetary Fund on Saturday boosted pressure on leaders of the euro zone to resolve their lingering financial crisis, leveling criticism t...

For Europe, the criticism piles on at IMF meeting � Washington Post

http://twlv.net/wmDAvp

Transocean Ltd. to Present at Barclays Capital CEO Energy-Power Conference � Stock Markets Review

Transocean Ltd. to Present at Barclays Capital CEO Energy-Power ConferenceStock Markets ReviewTransocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that Steven L. Newman, President and Chief Executive Officer of the company, will address attendees at...

Transocean Ltd. to Present at Barclays Capital CEO Energy-Power Conference � Stock Markets Review

http://twlv.net/AtETQG

Euro crisis: three perspectives

George Soros, the billionaire hedge fund manager and philanthropist, warned Saturday that failing to resolve the sovereign debt crisis in Europe could lead to a "real meltdown" of the global financial system.

Euro crisis: three perspectives

http://twlv.net/bzmeMb

80 people arrested at 'Occupy Wall Street' protest (AP)

AP - About 80 people have been arrested as demonstrators who were camped out near the New York Stock Exchange marched through lower Manhattan.

80 people arrested at 'Occupy Wall Street' protest
(AP)

http://twlv.net/o4UvW0

UPDATE 2-World Bank boosts Horn of Africa aid to $1.88 bln - Reuters

WASHINGTON, Sept 24 (Reuters) - The World Bank said on Saturday it was more than tripling funding to $1.88 billion for a worsening drought in Horn of Africa countries affecting more than 13 million people. The funding is boosted from around $500 ... http://tinyurl.com/3ms73za

SNB Says It Will Defend Franc Cap 'With Utmost Determination' � BusinessWeek

The Local SwitzerlandSNB Says It Will Defend Franc Cap 'With Utmost Determination'BusinessWeek24 (Bloomberg) -- Switzerland's central bank is determined to maintain the cap on the...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/hQr3Om

Falling rupee: Do NRIs really gain? � Arab News

Times of OmanFalling rupee: Do NRIs really gain?Arab News"No one would like to miss the opportunity to get that extra money", says a banking official in Bangalore, India's IT hub. The Indian...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/CKCdcl

Swiss Bank UBS: CEO Resigns Over Rogue Trading Loss - NPR News

UBS chief executive Oswald Gruebel has resigned over a $2.3 billion rogue trading loss, the bank said Saturday. The move ends days of speculation about whether Gruebel could retain his position following the latest scandal to hit Switzerland's biggest bank ... http://tinyurl.com/3uyynwy

Euro zone considers leveraging EFSF: EU's Rehn � Fox Business

Business InsiderEuro zone considers leveraging EFSF: EU's RehnFox BusinessSeptember 24, 2011 � WASHINGTON (Reuters) - The euro zone is exploring the possibility of leveraging its bailout fund,...



Please read the full version of this Finance News and other articles on our website
Bank Informer



http://twlv.net/hdiCHK