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Browsing Tag »Bank«

→  May 18, 2012

To view this content you need Flash and Javascript enabled in your browser. Please download Flash from the Adobe download website. 6:06pm UK, Friday May 18, 2012 Rating agency Fitch has downgraded five Greek banks, as the FTSE 100 takes a hit over expanding eurozone uncertainty. The banks, including the National Bank of Greece, have [...]

→  March 5, 2012

By Denny Thomas and Clare Baldwin HONG KONG | Mon Mar 5, 2012 4:06am EST HONG KONG (Reuters) – American International Group (AIG) is selling part of its stake in AIA Group to raise about $6 billion to help the U.S. insurer repay a huge federal government bail-out. AIG is looking to place some 1.7 [...]

$335m fine to Bank of America for increasing mortgage lending rates based on race →  December 21, 2011

Click  ”Like” to read full article Onax bs Nzrevpn’f Pbhageljvqr Svanapvny ohfvarff unf nterrq gb cnl n erpbeq svar bs $335z (£214z, 257z rhebf) gb frggyr qvfpevzvangvba punetrf. Gur HF whfgvpr qrcnegzrag fnvq nebhaq 200,000 dhnyvsvrq Nsevpna-Nzrevpna naq Uvfcnavp obeebjref jrer punetrq jvgu uvture engrf “fbyryl orpnhfr bs gurve enpr be angvbany bevtva”. Dan Frahm, a Bank [...]

Central banks act as euro zone crisis rages →  November 30, 2011

BRUSSELS/LONDON (Reuters) – The world’s major central banks acted jointly on Wednesday to provide cheaper dollar funding to European banks facing a credit crunch as the euro zone’s debt crisis drove EU ministers to urge more IMF help to avert financial disaster. The emergency move by the U.S. Federal Reserve, the European Central Bank, and [...]