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Bank of India loans to airlines under 40 bln rupees
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CIBC Energy Banker Joins BofA
\| Watson will work under Scott Van Bergh, managing director and head of energy investment banking in the Americas, and Dan Mida, managing director and head of investment banking in Canada, adds Globe and Mail. Watson was previously managing director of
BofA To Hire Nomura MA Banker
\| Mee was previously working with Nomura Holdings as the head of European M&A, prior to which he was associated with Lehman Brothers Holdings. BofA has appointed Philip Noblet as co-head of European M&A, who will work with and report to Mee, adds The
Police beat customers at crisis-hit Afghan bank
KABUL (Reuters) - Afghan security forces used batons on unruly customers scrambling to withdraw their savings on Wednesday from a branch of the graft-hit Kabulbank, the country's biggest private financial institution.
European shares decline as banking worries weigh
* FTSEurofirst 300 falls 0.3 percent; down for second day * Banks top losers on concerns about sector's health * For up-to-the-minute market news, click on [STXNEWS/EU] By Atul Prakash LONDON, Sept 8 (Reuters) - European shares slipped on Wednesday,
ISEQ lower on renewed banking fears
The main Dublin shares index dropped again this morning as investors fretted that the banking crisis still remains unresolved with bond markets awaiting clarity on Anglo Irish. By 9.30, the ISEQ had fallen by points to 2,7. The Government last night
Bank of America hires M&A banker Mee from Nomura
9:01am BST By Quentin Webb and Megan Davies LONDON/NEW YORK (Reuters) - Adrian Mee, Nomura's top European mergers and acquisitions (M&A) banker, has left to rejoin former Lehman Brothers colleague Christian Meissner at Bank of America Corp Merrill
Minister says Barclays move highlights concerns
LONDON (Reuters) - Business minister Vince Cable said on Wednesday Bob Diamond's rise to the top post at Barclays bank (Barclays PLC) highlights the task the government faces in trying to make the banking sector safer. "We are worried about this
National Bank of Greece plans €2.8bn fundraising
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New rules for bank capital to be announced on Sunday
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Top court may hear winemaker's Land Bank dispute
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European shares decline as banking worries weigh
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Thai c.bank official backs Krung Thai stake sale
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Thai c.bank official backs Krung Thai stake sale
BANGKOK, Sept 8 - The Thai central bank's rescue arm should sell its stake in Krung Thai Bank Pcl KTB.BK, the country's second-largest lender, the central bank's deputy governor said on Wednesday, taking a different line to another official. Bank of
Thai TMB Bank expects 2010 loan growth below target
BANGKOK, Sept 8 - Thailand's sixth largest lender, TMB Bank Pcl TMB.BK, said on Wednesday its 2010 loan growth would miss its 10 percent target because of weak demand in the first half. "Growth should exceed 5-6 percent but might not reach the 10 percent
GCC banking sector witnesses slump in performance: KAMCO
The Kuwait Projects Company (KIPCO) Asset Management Company KSC (KAMCO) has released a report on the state of Gulf Cooperation Council (GCC) Banking sector. The Banking Sector witnessed a slump in its performance as a consequence of the deterioration in
Who speaks for the coalition on banking?
Vince Cable was a right twinkle toes on Today this morning, dancing his way around the Bob Diamond appointment. But should he be addressing the issue at all? And if so, what language should he use? Reading across the papers (esp the FT splash),
Afghan police beat back mob of government workers at Kabul Bank branch
KABUL -- Fears over the future of ailing Kabul Bank grew violent Wednesday as state police beat back crowds of frustrated Afghan government workers attempting to withdraw their salaries on the final day before a four-day national holiday. More than 500
Europe bank fears hit shares; yen saps Nikkei
* Nikkei down 2.2 percent after yen hits 15-year high * European shares follow Asia down as bank fears resurface Asian stocks fell on Wednesday, led by shares in Japan's big exporters as a rise in the yen to a new 15-year high threatened to erode their
Afghan police beat back mob at Kabul Bank branch
KABUL -- Fears over the future of ailing Kabul Bank grew violent Wednesday as state police beat back crowds of frustrated Afghan government workers attempting to withdraw their salaries on the final day before a four-day national holiday. This Story More
European shares rise but banks fall
European shares inched higher in early trade today as a rise in defensive stocks such as pharmaceuticals outpaced weaker banks, which slipped on renewed concerns about their health. The FTSEurofirst 300 index of top European shares was up 0.1 percent at
Police beat customers at crisis-hit Afghan bank
By Tim Gaynor Officers from the National Security Directorate struggled to maintain control of up to 200 people outside one branch in the capital as desperate customers tried to take out money ahead of a three-day Muslim holiday. The crisis in
Barclays top men: Rich Ricci, co-chief executive of CIB
An operations man by background, Mr Ricci's knowledge of the inner workings of complex financial businesses has been called on time and again by Mr Diamond to ensure that his ambitious plans have been delivered. As chief operating officer of Barclays
Bank of India loans to airlines under Rs 4,000 cr
State-run Bank of India's loan exposure to air carriers does not exceed Rs 4,000 crore, Executive Director M Narendra told reporters on Wednesday. The bank's FY11 credit growth so far was 21 per cent, Narendra said on the sidelines of a FICCI conference.
Barclays top men: Jerry Del Messier, co-chief executive CIB
A derivatives banker by background, Mr del Missier is highly regarded within the London banking community for his trading skill, which was honed at Bankers Trust, an early breeding ground for many of Wall Street and the City's most successful derivatives
FTSE 100 extends losses, hit by Barclays, weak German exports, declines in Asia
FTSE 100 FTSE 250 The 0.5pc fall in London's blue chip index followed declines in other major bourses in Europe, Asia and on Wall Street, weighed down the fresh fears over the global economy. Barclays slid 2.8pc, after falling 2.7pc on Tuesday, as
Police beat customers at crisis-hit Afghan bank
KABUL (Reuters) - Afghan security forces used batons on unruly customers scrambling to withdraw their savings on Wednesday from a branch of the graft-hit Kabulbank, the country's biggest private financial institution.
Bob Diamond is good news for banking - and Britain
The appointment of Bob Diamond as the new chief executive of Barclays is good for the banking group and, by extension, good for Britain. Mr Diamond has demonstrated over many years his aptitude as a banker of the first order, piling up staggering profits
Newly appointed CEO of Barclays vows to boost consumer division
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Federal Home Loan Bank of Atlanta Selects MetricStream’s Risk Management and Compliance Solutions
Solutions will optimize business performance and risk management by streamlining, integrating and automating GRC MetricStream Inc., a market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced that the Federal Home