Monday, October 31, 2011

Credit Suisse Plans 1500 More Job Cuts � Bloomberg

AFPCredit Suisse Plans 1500 More Job CutsBloombergThird-quarter net income rose 12 percent to 683 million Swiss francs ($776 million), helped by an accounting gain from the widening of its credit...



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



http://twlv.net/aejAPG

GRAINS-US wheat up half pct after selloff; corn dips � Reuters Africa

Business RecorderGRAINS-US wheat up half pct after selloff; corn dipsReuters Africa... dollar firms (Adds details, quotes) By Naveen Thukral SINGAPORE, Nov 1 (Reuters) - US wheat rose around half a...



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



http://twlv.net/uLyfcv

Euro debt worry hurts riskier assets; dollar firms � Reuters

ReutersEuro debt worry hurts riskier assets; dollar firmsReutersBy Chikako Mogi TOKYO (Reuters) - Renewed worries about the slow progress in resolving the euro zone's debt crisis dampened...



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



http://twlv.net/lOr9CG

Japan Stocks Head for Biggest Drop in a Week on Europe Concern

Japan Stocks Head for Biggest Drop in a Week on Europe Concern
BusinessWeek - 9 minutes ago
Nov. 1 (Bloomberg) -- Japan's Nikkei 225 Stock Average fell toward its biggest drop in a week after...



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



http://twlv.net/CfTRcC

SunTrust becomes latest bank to ditch debit fees - Atlanta Journal Constitution

SunTrust Banks sounded a full retreat on debit card fees on Monday, joining other major banks that have reacted to withering criticism. SunTrust, Wells Fargo and Bank of America, the top three banks in metro Atlanta by deposits, all have ... http://tinyurl.com/3f39tem

Synthetic ETFs, SocGen's Lyxor Have Record Outflows Amid Crisis � BusinessWeek

Synthetic ETFs, SocGen's Lyxor Have Record Outflows Amid CrisisBusinessWeekAbout 2 billion euros ($2.8 billion) of net withdrawals were incurred by the five largest providers of synthetic ETFs...



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



http://twlv.net/4Gj2BP

Mixed Signals for European Central Bank as Data Point to Slowdown - New York Times

Stocks in the United States and in Europe were sharply lower on Monday as uncertainty emerged about the agreement reached in Europe last week to address the debt crisis there. Major equity indexes fell 2 percent or more, sending the broader ... http://tinyurl.com/44rm8zc

Retreat From Debit-Card Fees Continues � Wall Street Journal

USA TodayRetreat From Debit-Card Fees ContinuesWall Street JournalThe announcements follow decisions last week by Wells Fargo & Co. and JP Morgan Chase & Co. to drop customer tests of the new...



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



http://twlv.net/u6jjse

WORLD FOREX: Euro Tumbles As Debt Worries Return; Japan Intervenes � Wall Street Journal

Globe and MailWORLD FOREX: Euro Tumbles As Debt Worries Return; Japan IntervenesWall Street JournalNEW YORK -(Dow Jones)- The euro experienced its biggest single-day percentage drop against the...



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



http://twlv.net/r7bECJ

Americas United Bank Reports $233,000 Profit in the Third Quarter of 2011 - MSN Money

Americas United Bank AUNB today announced its unaudited 2011 third-quarter results. "The third-quarter results reflect a quarterly operating profit of $233,000 or $0.08 per basic share. Total assets decreased to $102.0 million. The actions ... http://tinyurl.com/6bm9qps

Dollar bounces back after yen intervention � NEWS.com.au

Dollar bounces back after yen interventionNEWS.com.auTHE Australian dollar bounced back overnight after a big sell-off yesterday afternoon, sparked by Japanese authorities reducing the value of the...



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



http://twlv.net/FOb3Rg

Man Sentenced to More Than Five Years in Prison for 11 Bank Robberies and One … � 7thSpace Interactive (press release)

Man Sentenced to More Than Five Years in Prison for 11 Bank Robberies and One ...7thSpace Interactive (press release)November 23, 2009: Robbery of a Chevy Chase Bank in the 300 block of Pennsylvania...



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



http://twlv.net/SZhGfa

SL Green Realty (SLG) Shares Given New $80.00 Price Target by UBS AG (UBS … � LocalizedUSA

SL Green Realty (SLG) Shares Given New $80.00 Price Target by UBS AG (UBS ...LocalizedUSAEquities research analysts at UBS AG (NYSE: UBS) raised their price target on shares of SL Green Realty (NYSE:...



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



http://twlv.net/x6cLeW

US Stocks Fall In Broad Retreat; October Still Set For Big Gains � Wall Street Journal

Boston.comUS Stocks Fall In Broad Retreat; October Still Set For Big GainsWall Street JournalThe US dollar rose sharply against the yen, as the Bank of Japan intervened to stem the yen's rise....



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



http://twlv.net/7fCmFA

Qatar c.bank gov: no plans to up T-bill issue for now - Reuters

KUWAIT Oct 31 (Reuters) - Qatar's central bank has no plan to raise monthly issuance of treasury bills from a current 2 billion riyals ($550 million) for now, Governor Sheikh Abdullah bin Saud al-Thani said on Monday. The central bank has been ... http://tinyurl.com/3wmbu4p

KapStone completes purchase of US Corrugated � Chicago Tribune

KapStone completes purchase of US CorrugatedChicago TribuneKapStone said it paid for the acquisition with cash and borrowing from a new $525 million credit facility led by Bank of America Merrill Lynch and Barclays Capital. The paper manufacturer repai...

KapStone completes purchase of US Corrugated � Chicago Tribune

http://twlv.net/xuFutT

Community Bank of Tri-County Employees Participate in Tri-County United Way Day of Caring Events - Yahoo Finance

WALDORF, Md., Oct. 31, 2011 /PRNewswire/ -- Giving back to the community is a Community Bank of Tri-County tradition. For the seventh consecutive year, Community Bank of Tri-County employees participated in the annual United Way Day of Caring events held ... http://tinyurl.com/65wdak9

UAE's UNB launches benchmark 5-yr dollar bond � leads � Reuters

UAE's UNB launches benchmark 5-yr dollar bond - leadsReutersThe bank has mandated Citi , Deutsche Bank , HSBC , National Bank of Abu Dhabi and Standard Chartered for the trade, with books currently open to orders from investors. No price talk has b...

UAE's UNB launches benchmark 5-yr dollar bond � leads � Reuters

http://twlv.net/qdDTTG

COLUMN-Change bank pay now - BoE's Robert Jenkins - Reuters UK

-- Robert Jenkins is a member of the Financial Policy Committee of the Bank of England. He writes in a private capacity. -- Give an artillery commander the wrong target and the result is likely to be collateral damage. Give regiments of global ... http://tinyurl.com/3g3hmx2

US rises across the board in wake of intervention; euro up on yen � MarketWatch

This is MoneyUS rises across the board in wake of intervention; euro up on yenMarketWatchNEW YORK (MarketWatch) � Japan sold an undisclosed amount of yen on the foreign-exchange market Monday, sending the US dollar and the euro climbing sharply again...

US rises across the board in wake of intervention; euro up on yen � MarketWatch

http://twlv.net/AsNBGS

Key US Dollar, Euro, Sterling Libor All Unchanged � Wall Street Journal

Key US Dollar, Euro, Sterling Libor All UnchangedWall Street JournalLONDON (Dow Jones)--The cost of borrowing dollars, euros and sterling for three months in the London interbank market was unchanged Monday. Data from the British Bankers' Associati...

Key US Dollar, Euro, Sterling Libor All Unchanged � Wall Street Journal

http://twlv.net/O5p6Ee

New ECB chief Draghi faces tussle over bank's role - AP - msnbc.com

When Mario Draghi takes over as head of the European Central Bank on Tuesday, he faces a high-pressure struggle with eurozone governments over how much the bank should do to rescue indebted countries. Where he can draw a line will go far to determine the ... http://tinyurl.com/6flrury

ANSYS CEO to Present at UBS Global Technology and Services Conference � Sacramento Bee

ANSYS CEO to Present at UBS Global Technology and Services ConferenceSacramento Bee... Inc. (NASDAQ: ANSS), announced today that James E. Cashman III, president and chief executive officer of ANSYS, Inc., will present a company overview and answer ques...

ANSYS CEO to Present at UBS Global Technology and Services Conference � Sacramento Bee

http://twlv.net/guXird

Desert Rose' Bank Founder Nahed Taher Says Saudi Women Should Work Harder - Bloomberg

"Do you mind working with men?" Nahed Taher recalls being asked before taking a job as the only woman amid 4,000 male employees at Saudi Arabia's largest lender, National Commercial Bank. Less than four years later, the Saudi-born Taher ... http://tinyurl.com/3vjfqp8

Kenya, Uganda May Boost Interest Rates as Currencies Slide � BusinessWeek

Business Daily AfricaKenya, Uganda May Boost Interest Rates as Currencies SlideBusinessWeekUganda's Governor Emmanuel Tumusiime-Mutebile will probably increase the key lending rate by 2 percentage points to 22 percent, according to Standard Charter...

Kenya, Uganda May Boost Interest Rates as Currencies Slide � BusinessWeek

http://twlv.net/G1GsqV

BoB, Indian Bank, Vijaya Bank post strong Q2 profits - Reuters India

NEW DELHI (Reuters) - State-run lenders Bank of Baroda, Indian Bank and Vijaya Bank on Monday posted higher quarterly profit, beating street estimates, mostly aided by higher interest earned and somewhat easing asset-quality concerns for Indian ... http://tinyurl.com/44byvrh

Societe Generale, Credit Suisse, Standard Bank in Court News � BusinessWeek

Societe Generale, Credit Suisse, Standard Bank in Court NewsBusinessWeekOct. 31 (Bloomberg) -- Societe Generale SA sued Associated Newspapers Ltd., publisher of the Daily Mail and Mail on Sunday, for defamation over an article saying the bank might nee...

Societe Generale, Credit Suisse, Standard Bank in Court News � BusinessWeek

http://twlv.net/8uPD7X

SWISS DAYBOOK: Credit Suisse, UBS, Sarasin, Clariant, Valora � Bloomberg

SWISS DAYBOOK: Credit Suisse, UBS, Sarasin, Clariant, ValoraBloombergEQUITIES: *Clariant expects the economic slowdown to continue in the fourth quarter and said there are "clear signs of further weakness" in demand in some regions and industries *...

SWISS DAYBOOK: Credit Suisse, UBS, Sarasin, Clariant, Valora � Bloomberg

http://twlv.net/8R4wLI

Sunday, October 30, 2011

Bank of Japan Steps in and Resurrects Beaten Down US Dollar � DailyFX

Bank of Japan Steps in and Resurrects Beaten Down US DollarDailyFXWe are definitely relieved and pleased to see this type of price action early Monday after having our core bullish US Dollar outlook tested in recent weeks. While we are far from out of ...

Bank of Japan Steps in and Resurrects Beaten Down US Dollar � DailyFX

http://twlv.net/qwJ3OT

Yen Drops on Japan Intervention; Asian Stocks, Metals Decline � San Francisco Chronicle

Yen Drops on Japan Intervention; Asian Stocks, Metals DeclineSan Francisco ChronicleOct. 31 (Bloomberg) -- The yen dropped from a post-World War II record against the dollar after Japan intervened in currency markets. Asian stocks sank as companies rep...

Yen Drops on Japan Intervention; Asian Stocks, Metals Decline � San Francisco Chronicle

http://twlv.net/a5PeKe

Yen Intervention Effect Limited, ANZ, Standard Chartered Say � Bloomberg

ReutersYen Intervention Effect Limited, ANZ, Standard Chartered SayBloombergCoordinated intervention "will tend to be more effective" but is unlikely, Thomas Harr, head of Asian currency strategy at Standard Chartered in Singapore, said in a phone ...

Yen Intervention Effect Limited, ANZ, Standard Chartered Say � Bloomberg

http://twlv.net/Twi8CG

Fink Says Yen Intervention Move to Shore Up Sentiment � Washington Post

Fink Says Yen Intervention Move to Shore Up SentimentWashington PostOct. 31 (Bloomberg) -- Naomi Fink, head of Japan strategy at Jefferies Japan Ltd., discusses Japan's intervention in markets to weaken its currency and the impact of the yen's ...

Fink Says Yen Intervention Move to Shore Up Sentiment � Washington Post

http://twlv.net/XNLAUV

Corzine Races to Save Firm � Wall Street Journal

Reuters UKCorzine Races to Save FirmWall Street JournalA former chairman of Goldman Sachs Inc., he took over at MF Global in March 2010, just four months after being voted out as New Jersey governor and two months after leaving office. He set out to ch...

Corzine Races to Save Firm � Wall Street Journal

http://twlv.net/AUKDAb

Lawmaker slams Bank for withholding minutes of 2007 talks - Reuters UK

LONDON (Reuters) - A senior legislator has attacked the Bank of England's supervisory body for its refusal to provide details to parliament about talks held over the collapse of bank Northern Rock in 2007. The complaint by Andrew Tyrie, who ... http://tinyurl.com/3zlttz9

Bank duped of Rs 63L, two held � Times of India

Bank duped of Rs 63L, two heldTimes of IndiaNEW DELHI: Two people were arrested in southeast Delhi for allegedly forging documents and cheating ICICI bank of over Rs 63 lakh. The accused have been identified as Girish Pathak and Jitender Singh, said co...

Bank duped of Rs 63L, two held � Times of India

http://twlv.net/jSzBv0

Protest drummers seen as both poisonous, inspired (AP)

AP - To some, the drummers in the Manhattan park that's become the epicenter of Occupy Wall Street are the protest's energizing force.

Protest drummers seen as both poisonous, inspired
(AP)

http://twlv.net/aiUYKj

As power projects trip, banks like SBI and ICICI may have to look at recast of … � Economic Times

As power projects trip, banks like SBI and ICICI may have to look at recast of ...Economic TimesMUMBAI: State Bank of India and ICICI Bank are among the dozen lenders staring at the possibility of...



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



http://twlv.net/K6BwRI

Herman Cain comes to Alabama � Washington Times

The Associated PressHerman Cain comes to AlabamaWashington TimesIn 1988, when I was at Godfather's Pizza as president and CEO, the exchange rate for one US dollar versus a Canadian dollar was...



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



http://twlv.net/4tmIrn

Coutts to drop RBS brand � Financial Times

Coutts to drop RBS brandFinancial TimesCoutts is dropping the Royal Bank of Scotland name from its international businesses in a bid to revitalise one of the oldest brands in British private banking....



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



http://twlv.net/qjO4Va

Germany, France back SNB chief to lead FSB - paper - Reuters UK

ZURICH (Reuters) - German Chancellor Angela Merkel and French President Nicolas Sarkozy are backing the candidacy of the head of Switzerland's central bank to lead the Financial Stability Board, a newspaper reported on Sunday. The FSB ... http://tinyurl.com/3o7adqc

Cops arrest 2 for forgery in gwalior � Hindustan Times

Cops arrest 2 for forgery in gwaliorHindustan TimesPathak, Singh, and another person opened a current account in ICICI Bank, Gwalior in the name of Jai Bhole Nath Traders. Then they set about...



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



http://twlv.net/07VWhd

The euro puzzle � Business Standard

New York TimesThe euro puzzleBusiness StandardColin: But will it be enough to keep the euro alive? Peter: For at least the next few weeks until the next crisis. There were three elements of the plan...



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



http://twlv.net/gsPtmG

A harbinger of change for 2012 � Korea Times

Korea TimesA harbinger of change for 2012Korea TimesThe election of Park Won-soon as the new mayor of Seoul projects significant ramifications for South Korea's future policy towards the United...



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



http://twlv.net/yKm80n