September 30th, 2007

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Financial services sector in for tough times

Confidence across Britains financial services sector has slumped as the credit squeeze leaves banks, building societies and fund managers predicting steep falls in business volumes, income and profits over the next three months, a key survey shows this

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India plans to set up ‘knowledge bank’: Ravi

India plans to set up a ‘knowledge bank’ to share the expertise of NRI doctors, engineers and other professionals to provide world-class education back home, Overseas Indian Affairs Minister Vayalar Ravi said here.To this end, the Indira Gandhi National

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Money Manager Keller Group Opens Own Irvine Bank

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Transaction Processing Not Enough to Succeed In Commercial Banking

Banks will need to move away from the transaction processing model to become the advisers of choice for their corporates. By Maria Bruno-Britz September 28, 2007 As technology advances continue to make the world a smaller place and business becomes

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Funds for midday meals through bank in H.P.

Earlier, there had been some complaints of embezzlement of funds There had been occasions when children were not provided meals due to cash shortage Shimla: With a view to plug leakage of funds, the Himachal Pradesh Government has decided to make money

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Bank of England insists gold is in mint condition

LONDON (Reuters) - Some of Britain’s gold reserves suffered surface cracks when they were cast 50 years ago in New York, but the purity of the Bank of England’s bullion was not affected, the central bank said on Sunday.The BoE was moved to issue a

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Bank of England insists gold is in mint condition

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Banking giant stirs as Japan breaks up post office

A slumbering banking behemoth stirs this week with the start of the long process of privatising Japan’s sprawling post office — a piggy bank for profligate politicians to its critics but a social lifeline for rural areas. Japan’s commercial banks,

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Sense of loss for Dutch as ABN tussle nears end

For the Royal Bank of Scotland-led consortium striving to buy ABN Amro, this week should mark a final stage in the biggest financial services deal.The ,71bn ($101bn) offer for the Dutch lender is due to close and, if the trio of banks completes its

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