banking news

Welcome to the 'banking news' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'banking news'.

Latest blogosphere posts tagged “banking news”

• Two Florida Banks and One California Bank Closed by Regulators

  
  Bank Deals - Best Rates and Deals — Authority: 441
  Three banks failed today. Two were in southwest Florida, and one was in California. The largest of the three failed banks was Orion Bank in Naples, Florida. It had $2.7 billion in assets, and it cost the FDICs Deposit Insurance Fund an estimated $615 million. The other failed Florida bank was Century, FSB in Sarasota. ...
  1 day ago

• Another Fed Action That May Cost Savers - New Rules on Overdrafts

  
  Bank Deals - Best Rates and Deals — Authority: 441
  Setting interest rates isnt the only way the Federal Reserve will be affecting savers. The Federal Reserve just released new rules on overdrafts which may help the careless, but may end up costing the careful savers. In the new rules that take effect on July 1, 2010, banks and credit unions are not allowed to charge ...
  2 days ago

• New bank Metro just wants to be loved

  
  The Guardian - guardian.co.uk — Authority: 983
  • Metro Bank to launch up to 200 branches across the UK • Convenience model offers seven days opening and long hours In defiance of the current climate of bank bashing, an American entrepreneur is slapping up posters urging customers to "love your bank". In blue and red colours that resemble those used by ...
  3 days ago

• Financial Crisis Criminal Investigations Show Very Few Convictions …

  
  The Wealthy Soul — Authority: 153
  BankFiesta is a social deal finding site that specializes in all things finance . You can submit the latest deals and articles in Banking, Credit Cards, Mortgages and Personal Finance . Read the original: Financial Crisis Criminal Investigations Show Very Few Convictions …
  3 days ago

• Daily Highlights: 11.11.09

  
  zero hedge — Authority: 769
  Asian stocks, currencies rise on Japan, China economic data; gold advances. Chinas industrial production output grew 16.1% in October, its fastest pace in more than a year. Job openings in U.S. remain close to record-lows Oil prices fell $79 a barrel in Asia amid rising U.S. oil inventories and a weaker dollar ...
  4 days ago

• Up to $250 Bonus from Harris Bank

  
  MyCardBlog — Authority: 124
  Harris Bank is offering a checking account promotion from which you can earn up to $250 bonus. The promotion page can be found here . It seems that this promotion has been listed for a long time but I did not mention it here before. If you are a resident in Midwest region, you should probably consider this promotion. ...
  4 days ago

• When It’s Easy to Get Credit Cards in Indonesia

  
  Bank Indonesia — Authority: 121
  The value of stagnant credit or non-performing loan (NPL) for credit cards is still high. Based on the Indonesian Banking Statistics (SPI), the value of credit card NPL per September 2009 is Rp. 2.95 trillion, or 8.7 percent of the total outstanding credit that reaches Rp 33.63 trillion.Since July 2009, the credit ...
  4 days ago

• Daily Highlights: 11.10.09

  
  zero hedge — Authority: 769
  Asian stocks, currencies climb as reports show demand spurred by stimulus. China to overlook calls for stronger yuan as exports fall, researchers say. Chinas house prices rise at fastest pace in 14 months, government says. EU objects to Oracles takeover of Sun. Japans government is set to reach a decision on a ...
  5 days ago

• Five Banks Fail including United Commercial Bank

  
  Bank Deals - Best Rates and Deals — Authority: 441
  It was another busy Friday for the FDIC with 5 bank failures. The largest bank that failed was United Commercial Bank which had 63 U.S. branches and $11.2 billion in assets. East West Bank agreed to assume all deposits and branches of United Commercial Bank. One thing unique about United Commercial Bank is that it had ...
  1 week ago

• RBS outlines assets insured by taxpayer

  
  The Guardian - guardian.co.uk — Authority: 983
  Bank details what is covered by the asset protection scheme Royal Bank of Scotland has used up nearly half of the £60bn buffer available before it is able to hand 90% of its losses on toxic assets to the taxpayer through the asset protection scheme. Stephen Hester, chief executive of the bank, insisted today that ...
  1 week ago

• Readers views on bank handouts, quantitative easing and Ryanair

  
  The Guardian - guardian.co.uk — Authority: 983
  Readers continue to hold the banks to account as well as taking aim at Labour, retailers and Ryanair Alistair Darling took the bulk of the flak this week for attempting to defend the changes at Lloyds Banking Group and Royal Bank of Scotland, which will see the taxpayer stump up a further £40bn against a backdrop of ...
  1 week ago

• UBS fined £8m after employees traded with customers money

  
  The Guardian - guardian.co.uk — Authority: 983
  FSA imposes its biggest-ever penalty and attacks banks inadequate systems and controls Swiss bank UBS has been slapped with an £8m fine, the third-largest ever levied by the City regulator, after it was discovered that four of the banks employees were able to use customer money to trade in currencies and metals ...
  1 week ago

• PayPal 5% Cash Back via Invitation

  
  MyCardBlog — Authority: 124
  Once per year, the holiday shopping season is approaching. Other than the merchants that are trying to increase the sales. Our beloved credit card issuers, and other payment processing providers like Paypal are also trying to promote their own services. If you are lucky, you are now receiving an invitation from PayPal ...
  1 week ago

• Fed Still Saying Exceptionally Low Rates for Extended Period

  
  Bank Deals - Best Rates and Deals — Authority: 441
  The FOMC meeting finished today, and as expected the fed funds rate remains near zero (0 to 0.25%). There had been some expectations that the Fed would change their language to indicate possible higher rates in the future. Last month Barrons published commentary making a reasonable case that the Fed needed to start ...
  1 week ago

• UBS pins hopes on rebuilding investment banking

  
  The Guardian - guardian.co.uk — Authority: 983
  • Swiss bank lost more than any other during the credit crunch • UBS looking to catch up with rivals, such as Goldman Sachs UBS, which lost more money than any other bank during the credit crunch, is rebuilding its investment banking unit to catch up with rivals, such as Goldman Sachs and Credit Suisse, which are ...
  1 week ago

• Charter Bank Slashes the Rate on its Nationwide Reward Checking Account

  
  Bank Deals - Best Rates and Deals — Authority: 441
  Charter Bank slashed the top rate of its reward checking account from 4.01% to 1.25% APY. Charter Bank had a 2-year history of offering a nationwide reward checking account with very competitive rates. With this major change, it brings up the question of whether reward checking can provide rates higher than online ...
  1 week ago

• Treasury Announces New I Bond Rate of 3.36% - Fixed Rate of 0.30%

  
  Bank Deals - Best Rates and Deals — Authority: 441
  The Treasury just released the new I Bond rates this morning. The new fixed rate is 0.30%. When combined with the new inflation rate of 3.06%, the total rate is 3.36%.As I described last month, The inflation component was already known based on the previous CPI numbers. However, the fixed rate component is determined ...
  1 week ago

• History of the Governments Intervention into GMAC and Ally Bank

  
  Bank Deals - Best Rates and Deals — Authority: 441
  This WSJ article, U.S. Turns Screws on Bailed-Out GMAC is an excellent review of the bailout of GMAC and how regulators actions have influenced Ally Bank. The high deposit rates and those Ally Bank ads were successful. Ally Bank raked in deposits during the spring, and those deposits were a much cheaper source of ...
  1 week ago

• More Reviews of Risks with Privately Insured Credit Unions

  
  Bank Deals - Best Rates and Deals — Authority: 441
  When I reported on a Texas credit union that was trying to switch its insurance from federal to private, I reviewed the American Share Insurance (ASI). ASI is the main provider of private deposit insurance to credit unions. I discussed some issues that could cause problems for ASI. One potential issue for ASI is the ...
  1 week ago

• Hundreds of UK bank branches for sale

  
  Relevant News — Authority: 515
  The Royal Bank of Scotland, Northern Rock, and Lloyds Banking Group are to sell off as many as 700 branches in exchange for public aid, a government official says. View original post here:  Hundreds of UK bank branches for sale
  2 weeks ago

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