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Citigroup Inc. (C) shares may have moved up a little recently on merger rumors, and news that it will sell as much as 4.9% of itself for $7.5-billion to Abu Dhabi, but the stock is down more than 40% in the past six months. It is currently trading near
Written by on November 30th, 2007 with no comments.
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Credit rating agency CRISIL assigned/reaffirmed the following ratings on the various debt instruments of Union Bank of India: Rs (Q, N,C,F)* 2.0 billion Tier I Perpetual Bonds Issue AA+/Stable (Assigned) Rs 3.0 billion Perpetual Bonds Issue AA+/Stable
Written by on November 30th, 2007 with no comments.
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ST. LOUIS–(BUSINESS WIRE)–First Banks, Inc.(NYSE: FBSPRA) (” Terrance M. McCarthy, President and Chief Executive Officer of First Banks, said, ” First Banks, headquartered in St. Louis, Missouri, is one of the largest privately-held bank holding
Written by on November 30th, 2007 with no comments.
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Banks are using their fraud monitoring systems to keep a close eye on activity following Her Majesty’s Revenue and Customs (HMRC) breach which saw the personal details of 25 million child benefit claimants go missing. Last week HMRC admitted that two
Written by on November 30th, 2007 with no comments.
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TUSTIN, Calif.–(BUSINESS WIRE)–Sunwest Bank (OTCBB: SWBC.OB) appointed Irma Castaneda as Vice President and Branch Sales Manager of its flagship Tustin office. Irma will focus on adding and fortifying relationships with new and existing business
Written by on November 30th, 2007 with no comments.
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Banks are launching their most ferocious attack yet on customers who have exceeded their overdrafts, consumer groups have said. The claim comes after the Financial Services Authority (FSA), the chief City watchdog, extended a temporary waiver allowing
Written by on November 30th, 2007 with no comments.
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MARGARET MOORE, 52, has been trying to convince her children to get into the habit of saving as early as possible and start preparing for their retirement. The nursery school teacher, from Newtownstewart in Co Tyrone, Northern Ireland, says: My children
Written by on November 30th, 2007 with no comments.
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Are banks a bargain? I think you can see why they might be. They’ve all tanked (and I’m leaving Northern Rock out of the reckoning for the moment). Even if they’re off their year lows, they’re pretty bruised and are well down on previous peaks. Hard as
Written by on November 30th, 2007 with no comments.
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The race to take control of Northern Rock is wide open again with the Treasury preparing to look at two revised offers, Sky News has learned. Private equity firm JC Flowers was threatening to withdraw its offer for the stricken bank after becoming
Written by on November 30th, 2007 with no comments.
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a notice has been issued on behalf of all of the buyers of the securities of BankAtlantic Bancorp Inc. (BBX) saying that a class action has been filed in the District Court of New York against BankAtlantic.The lawsuit alleges that BankAtlantic, together
Written by on November 30th, 2007 with no comments.
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