BANKING NEWS
Equifax ID Patrol - Sponsored Link
Wed, 20 Aug 2008 01:15:00 GMT
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Glacier Bancorp, Inc. Announces Acquisition of Bank of the San Juans in Durango, Colorado
Wed, 20 Aug 2008 01:15:00 GMT
KALISPELL, Mont., Aug. 19 /PRNewswire-FirstCall/ -- Glacier Bancorp, Inc. (Nasdaq: GBCI - News) today announced the signing of a definitive agreement to acquire Bank of the San Juans, a community bank based in Durango, Colorado. The acquisition marks
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Investors stake N8.1bn on 892 million bank shares
Wed, 20 Aug 2008 01:11:00 GMT
The Banking sector displaced the insurance sub-sector on the activity chart on Tuesday as investors staked N8.091bn on 892.347 million shares in 6,290 deals. This represents an increase of 382 per cent in volume over 185.427 million shares valued at N3bn
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Glacier Bancorp, Inc. Announces Acquisition of Bank of the San
Wed, 20 Aug 2008 01:10:00 GMT
The boards of Glacier and Bank of the San Juans Bancorporation (the bank's holding company) unanimously approved the transaction, which is subject to regulatory approval and other customary conditions of closing. The transaction provides for the payment
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Japan stocks slip on banks
Wed, 20 Aug 2008 01:08:00 GMT
TOKYO -- The Nikkei average fell 0.9 per cent with bank shares sliding after credit and inflation fears hit Wall Street, while exporters such as Kyocera Corp fell on a firmer yen. By 1001 AEST, the benchmark Nikkei slipped 111.07 points to 12,753.98,
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US woes hit Irish banks as shares drop 1bn in value
Wed, 20 Aug 2008 01:08:00 GMT
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Lehman Brothers picks Bank Hapoalim over Bank Leumi
Wed, 20 Aug 2008 01:08:00 GMT
Investment bank Lehman Brothers released a report yesterday that concurs with Merrill Lynch, picking Bank Hapoalim as its favorite in the Israeli banking sphere. Lehman specifically recommends buying Bank Hapoalim and not Bank Leumi. Lehman Brothers
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Glacier Bancorp, Inc. Announces Acquisition of Bank of the San Juans in Durango, Colorado
Wed, 20 Aug 2008 01:07:00 GMT
KALISPELL, Mont., Aug. 19 /PRNewswire-FirstCall/ -- Glacier Bancorp, Inc. (Nasdaq: GBCI) today announced the signing of a definitive agreement to acquire Bank of the San Juans, a community bank based in Durango, Colorado. The acquisition marks Glacier's
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Glacier Bancorp, Inc. Announces Acquisition of Bank of the San Juans in Durango, Colorado
Wed, 20 Aug 2008 01:05:00 GMT
KALISPELL, Mont., Aug. 19 /PRNewswire-FirstCall/ -- Glacier Bancorp, Inc. (GBCI) today announced the signing of a definitive agreement to acquire Bank of the San Juans, a community bank based in Durango, Colorado. The acquisition marks Glacier's first
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Japanese central bank holds line on interest rates
Wed, 20 Aug 2008 01:04:00 GMT
'Economic growth has been sluggish against the backdrop of high energy and materials prices and weaker growth in exports,' the BOJ's policy board said in a statement on its website Tuesday after the conclusion of its two-day monthly policy meeting. The
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Glacier Bancorp, Inc. Announces Acquisition of Bank of the San Juans in Durango,...
Wed, 20 Aug 2008 01:04:00 GMT
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Gloomy news on US housing and banks
Wed, 20 Aug 2008 00:54:00 GMT
Fears that the financial crisis has months, if not years, to run led shares in New York and London to tumble sharply as the global economic crisis continues. In a nervous day of trading on both sides of the Atlantic, equity prices dropped sharply amid a
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Which Bank Can Survive the Crisis?? ? ? 1 hr ago
Wed, 20 Aug 2008 00:52:00 GMT
Our web servers cannot find the page or file you asked for. The link you followed may be broken or expired. Click your browser's Back button to return to the previous page. More CNBC Top Stories - Lehman CEO Racing Clock To Save His Job?And Firm -
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HSBC bank will keep using RIM's BlackBerry as its business phone
Wed, 20 Aug 2008 00:52:00 GMT
MONTREAL - HSBC Bank, one of the world's largest banking and financial services companies, has no plans for its global workforce to stop using Research In Motion's (TSX:RIM) BlackBerry smartphone in favour of Apple's new iPhone, says a spokesman. 'There
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Indian bank strike seen unlikely to disrupt markets
Wed, 20 Aug 2008 00:49:00 GMT
The latest Reuters articles on M&A, IPOs, hedge funds and more MUMBAI, Aug 19 (Reuters) - A strike called for Wednesday by some Indian banking unions protesting consolidation of state-run banks may partly affect banking operations, although the Bombay
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Banks cut rates on instant access accounts
Wed, 20 Aug 2008 00:47:00 GMT
03Banks are cutting interest rates on instant access savings accounts, new research shows, despite their need to attract more money from customer deposits.Since the onset of the credit crunch, lenders have been competing for consumers' business in a bid
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Australia Leading Economic Index Sees Slower Growth - Westpac/Melbourne
Wed, 20 Aug 2008 00:46:00 GMT
A forward-looking index of Australian economic growth declined in June to an annualized rate of 2.0 percent.The index, published by Westpac Bank and Melbourne University, shrank from a reading of 2.4 percent in May.The index, which looks at where the
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Indonesias PT Bank Funds Facility
Wed, 20 Aug 2008 00:42:00 GMT
The $100 million trade finance facility for Indonesian export credit agency has funded. Arranged by bookrunners BTMU, Natixis, , and the one-year term loan will be used to finance export activities by providing refinancing and guarantee facilities for
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Banking Shares On Both Sides Of Atlantic Nose Dive
Wed, 20 Aug 2008 00:38:00 GMT
The UK stockmarket could be in some very choppy water at the open tomorrow as analysts digest comments from a leading economist in the US who believes that at least one major US banking institution will fail over the coming months. The comments came from
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Nikkei down 0.9% as banks, exporters fall
Wed, 20 Aug 2008 00:38:00 GMT
>TOKYO, JAPAN - The Nikkei average fell 0.9 percent on Wednesday, with bank shares sliding after credit and inflation fears hit Wall Street, while exporters such as Kyocera Corp fell on a firmer yen. By 0001 GMT, the benchmark Nikkei slipped 111.07
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Reserve Bank of Australia Injects A$730 Million Into System Vs. Deficit Of A$672 Million
Wed, 20 Aug 2008 00:37:00 GMT
(RTTNews) -
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Swedish banks face growing risks from Baltics
Wed, 20 Aug 2008 00:37:00 GMT
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Lehman Loss Fears, Freddie Debt Sale Drive Banks Lower
Wed, 20 Aug 2008 00:36:00 GMT
Financial stocks took a beating Tuesday amid reports that Lehman Bros. (NYSE:LEH - News) might pile up huge third-quarter losses and that the worst of the global banking crisis is yet to come. It was another in a seemingly endless series of bad days for
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Arab National Bank selects Symark solutions to meet compliance requirements
Wed, 20 Aug 2008 00:36:00 GMT
Symark International, a developer of information security solutions, has announced that Saudi Arabian Arab National Bank has selected its PowerBroker, PowerPassword and PowerKeeper to manage administrative and super-user access across its IT portfolio.
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American Express shares fall on weak economic data
Wed, 20 Aug 2008 00:35:00 GMT
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Bank of Beijing selects IPC VoIP-enabled desktop tool
Wed, 20 Aug 2008 00:34:00 GMT
IPC Systems, a provider of communications solutions to financial services firms, has announced that Bank of Beijing has selected its IQ/Max, a VoIP-enabled desktop tool for the bank's trading floor. The IQ/Max turret is expected to provide the bank's
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Reserve Bank of Australia Injects A$730 Million Into System Vs. Deficit Of A$672 Million
Wed, 20 Aug 2008 00:32:00 GMT
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JP Morgan Plans Feeder Funds Launch
Wed, 20 Aug 2008 00:31:00 GMT
JP Morgan Asset Management India Private Ltd. is to launch two feeder funds, Sify.com reports. The funds are JP Morgan Emerging Europe, Middle East and Africa Equity Off-shore Fund and JP Morgan JF Greater China Equity Off-Shore Fund, for which the fund
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Which Bank Can Survive the Crisis?
Wed, 20 Aug 2008 00:28:00 GMT
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China banks face tough times
Wed, 20 Aug 2008 00:26:00 GMT
HONG KONG (Reuters) - China's huge state banks are poised to report strong profit growth for the first half in 2008, thanks to wider margins and strong fee income, but funding costs are expected to rise in the second half, eroding growth. Chinese lenders
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