07/15/11 Russian businessman Vitaly Yusufov, Bank of Moscow's second largest shareholder, has asked the central bank to allow him to increase his 19.91 percent share to a blocking stake, Kommersant business daily quoted Yusufov as saying on Friday.
07/15/11 Financial markets are braced for the publication today of the results of tough new stress tests on Europe's embattled banks.The European Banking Authority, the European Union's London-based financial ...
07/15/11 The Omani government has opened its doors to Islamic banking, with Sultan Qaboos bin Said Al Said issuing a royal directive in early May allowing for the roll-out of sharia-compliant financial services and institutions.
07/15/11 FRANKFURT, Germany (AP) - Ninety European banks get their test results back Friday, as regulators seek to increase transparency and convince the markets that the global financial system can withstand big shocks like a possible Greek debt default.
07/15/11 BECCY TANNER The Wichita Eagle WICHITA, Kan. On hot summer days, the cries of auctioneers can be heard in almost any corner of Kansas. In the midst of bawling cattle, clucking chickens, oinking pigs, estate and land sales, the chants and sing-songs go on. To hear an auctioneer is to listen to another language. Microphone in hand, words sometimes come faster than human ears comprehend. "Dollaring ...
07/15/11 ZURICH (Reuters) - Swiss bank Credit Suisse is being investigated by the Department of Justice as part of a broader inquiry into banks suspected of helping Americans evade taxes.
07/15/11 The Federal High Court sitting in Lagos has granted Guaranty Trust Bank (GTB) leave to serve billionaire businessman, Chief Abdulazeez Arisekola Alao all processes of a bankruptcy suit against him by substituted means.
07/15/11 NEW YORK - The CEO of a big bank says a U.S. default could be catastrophic for the economy. The head of the Federal Reserve warns of chaos. And a credit rating agency threatens to take away the country's coveted triple-A status.
07/09/11 Cars are not supposed to be a good investment. But Spencer Hunter, an Oregon patent lawyer, recently turned a small profit selling his 13-month-old Toyota Prius.
07/08/11 VANCOUVER, Wash. -- Riverview Bancorp, Inc. announced today that on June 15, 2011, the Boards of Directors of the Company and Riverview Community Bank , the Company's financial institution subsidiary, had adopted a Plan of Reorganization and Charter Conversion to convert the Bank to a Washington chartered commercial bank organized under Title 30 of the Revised Code of Washington and reorganize ...
07/08/11 West Coast Bancorp will hold its second quarter operating results conference call on Friday, July 29, 2011, at 11:00 a.m. Pacific time.
07/08/11 John Kinnucan, the expert-networking firm founder whose public refusal of an FBI request to wear a wire presaged a dozen insider-trading arrests, said he expects to be charged himself.
07/08/11 Riverview Bancorp Inc., parent of Riverview Community Bank, has applied to the Washington Department of Financial Institutions to convert its Riverview Community Bank to a state-chartered commercial bank., the company disclosed Friday in a filing to the Securities and Exchange Commission. The Vancouver-based bank currently is chartered as a thrift, a type of bank traditionally associated with ...
07/08/11 RALEIGH, N.C. -- First Citizens Bank, a subsidiary of Raleigh-headquartered First Citizens BancShares , announced today that it has entered into an agreement with the Federal Deposit Insurance Corp. to purchase substantially all the assets and assume the majority of the liabilities of Colorado Capital Bank of Castle Rock, Colo.
07/02/11 Note: this is an unofficial list of Problem Banks compiled only from public sources. This post includes an update to stress rates at the state level (see comments and sortable table at bottom).
07/01/11 OREGON INLET, N.C. Three environmental groups filed a lawsuit today challenging the decision of transportation officials to build a parallel bridge in place of the Herbert C. Bonner Bridge, a deteriorating 49-year-old structure that connects the northern Outer Banks to Hatteras Island.
07/01/11 OREGON INLET, N.C. (AP) - Three environmental groups are suing over the plan to replace the bridge that connects Hatteras Island to the rest of North Carolina's Outer Banks.
07/01/11 Heading to the beach for the holiday weekend? Good news: The Carolinas' beaches rank in the top 10 for cleanliness.
07/01/11 OREGON INLET, NC.--Three environmental groups are suing over the plan to replace the bridge that connects Hatteras Island to the rest of North Carolina's Outer Banks. The Southern Environmental Law Center, the Defenders of the Wildlife and the National Wildlife Refuge Association filed the lawsuit Friday in federal court. They're suing the state Department of Transportation and others over ...
06/20/11 Also: A tour of Daimler Trucks' testing facilities on Swan Island, and a primer on Western Star trucks. |