Wednesday, November 30, 2011

Bank of America shuts Brazil private banking unit - Reuters UK

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SAO PAULO, Nov 30 (Reuters) - Bank of America Merrill Lynch (BAC.N) closed its private banking unit in Brazil, a source with knowledge of th...

Coordinated central bank moves prompt monster stock rally - Miami Herald

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WASHINGTON -- A surprise coordinated move Wednesday by the Federal Reserve and five other central banks to keep credit flowing amid the wors...

Bank of America shuts Brazil private banking unit - Reuters

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SAO PAULO, Nov 30 (Reuters) - Bank of America Merrill Lynch closed its private banking unit in Brazil, a source with knowledge of the situat...

As bank funding problems bite, lasting cure elusive - Reuters

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LONDON, Nov 30 (Reuters) - A coordinated move by leading central banks to grease the wheels of the global banking system is likely to be fol...

China, in Surprising Reversal, Moves to Spur Bank Lending - New York Times

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HONG KONG � Faced with an economy that appears to be slowing faster than economists expected even a month ago, the Chinese government on Wed...

China cuts bank reserves in policy shift to lift economy - msnbc.com

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BEIJING (Reuters) - China's central bank cut reserve requirements for commercial lenders on Wednesday for the first time in three years,...

S&P Downgrades Goldman Sachs, Bank Of America, Wells Fargo And Citigroup - Huffington Post

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NEW YORK � Standard & Poor's Ratings Services has lowered its credit ratings for many of the world's largest financial instituti...

Oregon, U.S. Bank Agree To Eliminate Some Bank Fees For The Unemployed - Huffington Post

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After nearly a month of negotiations, Oregon has reached an agreement with U.S. Bank to eliminate many of the fees the bank charges people t...

WRAPUP 1-Israeli bank profits beat expectations - Reuters

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* Leumi Q3 net profit down 74 pct to 155 mln shekels * Hapoalim net profit falls 9 pct to 471 mln shekels * Discount Bank profit 121 mln she...

Bank of Ireland may face legal action on pension bonds - report - Reuters UK

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LONDON (Reuters) - The Bank of Ireland (BKIR.I) could face renewed legal action from a campaign which represents about 2,000 British pension...

Bank exec guilty of embezzlement - Contra Costa Times

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LONG BEACH -- A member of the founding family of Long Beach-based Farmers & Merchants Bank has pleaded guilty to embezzling almost $2 mi...
Tuesday, November 29, 2011

REFILE-UPDATE 3-Mexico central bank moves to defend peso - Reuters

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MEXICO CITY, Nov 29 (Reuters) - Mexico's central bank moved to defend the peso on Tuesday as a slump in the currency risks fanning infla...

Bank of America hits multi-year low, worry mounts - AP - msnbc.com

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Bank of America Corp. shares hit their lowest point since March 2009 in Tuesday trading, as investors fretted over a host of issues ranging ...

Lebanon central bank says holds no Syria state funds - msnbc.com

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Lebanon's Central Bank does not have to act in response to the Arab League's financial sanctions on Syria because Damascus does not ...

Bank of America Hits Fresh Two-Year Low, Testing $5 Level - Wall Street Journal

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Bank of America was recently trading at $5.04, its lowest intraday level since March 2009. Trader chatter is that it could fall through $5. ...

Avoid new risk, World Bank tells Latam banks - Reuters

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SAO PAULO, Nov 29 (Reuters) - Taking on new risk now could hamper the stability of Latin American banks, which have grown stronger in recent...

Bank manager stole nearly $2 million from customer's account - msnbc.com

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SANTA ANA -- An Orange County bank manager admitted Monday to stealing nearly $2 million from a customer's account, authorities said. Ma...

Poland's Bank Millennium fails to attract bids-sources - Reuters

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WARSAW Nov 25 (Reuters) - Portugal's Millennium bcp has failed to attract any final bids for its Polish unit Bank Millennium as the pros...

DIARY - Major Central Bank Meetings for 2011 - 2012 - Reuters UK

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Please note the diaries mentioned above can be accessed only from Thomson Reuters products. Please find below a list of dates of meetings an...

Bank of Israel Cuts Rate Again as It Warns of Europe Contagion - Businessweek

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Nov. 29 (Bloomberg) -- The Bank of Israel cut its benchmark interest rate for the second time in three months as it warned that the European...

UPDATE 1-Europe is not seeking UAE help - c.bank gov - Reuters

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ABU DHABI, Nov 29 (Reuters) - European leaders and the European Central Bank have not asked the United Arab Emirates for aid to help contain...
Monday, November 28, 2011

Wisconsin bank settles overdraft case, joins BofA - Reuters

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Nov 28 (Reuters) - A unit of Wisconsin lender Associated Banc-Corp has agreed to pay $13 million to settle consumer litigation accusing it o...

Bank of America got massive Fed rescue, Bloomberg reports - The Business Journal

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Former Bank of America CEO Ken Lewis was touting the bank's strength to shareholders in late 2008 even as his bank owed the Fed billions...

ViewPoint Bank to Open Lake Highlands Office December 1 - Yahoo Finance

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PLANO, Texas , Nov. 28, 2011 /PRNewswire/ --�ViewPoint Bank is opening a new full-service location in Lake Highlands at 9625 Audelia Road. T...

Turkey's Lira Heads for Biggest Advance in One Month as Bank Cuts Funding - Bloomberg

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The lira headed for its biggest increase in more than a month as the Turkish central bank reduced its one-week repo funding and record U.S. ...