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LONDON (ShareCast) - s said it is targeting 13% growth in 2007 earnings per share but warned that bad debt charges are likely to rise in 2008. It is expecting growth of around 13% in 2007 EPS off a 2006 base of 182.8c, which is in line with previous
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WASHINGTON (AP) — Wells Fargo & Co. has won federal approval to open a new bank branch, a government agency said.The Treasury Department’s Office of the Comptroller of the Currency said in a weekly bulletin, released Wednesday, that Wells Fargo’s
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WASHINGTON (AP) — Citigroup Inc.’s Citibank division has won federal approval to open a new bank branch, a government agency said.The U.S. Treasury Department’s Office of the Comptroller of the Currency said in a weekly bulletin, released Wednesday,
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NEW YORK Fannie Mae will pay a dividend equaling 8.25 percent a year on $7 billion in preferred stock, which the mortgage financier is selling to raise cash, the company said Thursday. Fannie Mae earlier this week cut its dividend and unveiled plans to
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SEOUL, Dec 7 (Reuters) - Seoul shares will likely sustain their gains for a fourth straight session on Friday, with strong U.S. markets seen boosting distressed exporters such as technology and auto makers, and financial stocks. Energy retailers, led by
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The Bank of England cut interest rates by 25bp for the first time in 2 years, marking a sharp shift in monetary policy.
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CHICAGO–(BUSINESS WIRE)–(This is a correction for a press release originally issued Dec. 5, 2007. It corrects the rating upgrade for Mercantile-Safe Deposit & Trust Company.) Fitch Ratings has upgraded and affirmed various ratings on PNC Financial
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PLANO, Texas, Dec. 6 /PRNewswire-FirstCall/ — ViewPoint Bank has named Paul W. Craig senior vice president of retail banking. Craig joins the bank with more than 35 years of banking experience — primarily in the Dallas-Fort Worth Metroplex — and will
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