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Trichet Sets ‘Cruise Control,’ Pushes Banks to Drive Growth - Bloomberg
July 3 (Bloomberg) -- European Central Bank President Jean- Claude Trichet is urging the region’s banks to play their part in generating an economic recovery. Trichet yesterday said financial institutions should pass onto the “real economy” the ...
Thu, 02 Jul 2009 22:54:00 GMT
FDIC seeks more commitment from buyers of failed banks - Los Angeles Times Blogs
The Federal Deposit Insurance Corp. wants to tighten rules on private-equity firms that buy failed banks, seeking to reduce the risk that the firms could be seen as getting sweetheart deals. The agency’s proposals, issued today for public comment ...
Thu, 02 Jul 2009 21:56:00 GMT
City Bank Signs Agreement with the FDIC and the State of Washington - PR Inside
City Bank (NASDAQ:CTBK) announced today that it signed an agreement with the Federal Deposit Insurance Corporation (FDIC) and the State of Washington Department of Financial Institutions (DFI). The Bank has been aggressively dealing with the impact ...
Fri, 03 Jul 2009 00:19:00 GMT
Siemens Settles With World Bank - Wall Street Journal
Siemens AG Thursday reached agreement with the World Bank as part of efforts to settle a bribery scandal, with the latest deal involving sizable payments and a voluntary ban on bidding for World Bank projects. Under the agreement, the German ...
Thu, 02 Jul 2009 23:29:00 GMT
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LincOne Credit Union expanding with new branch - Lincoln Journal Star
LincOne Federal Credit Union is building a second branch in southeast Lincoln. The former Goodyear employees’ credit union has started work on a 5,800-square-foot building near 84th and Old Cheney. LincOne President Jerry Barnett said the credit ...
Thu, 02 Jul 2009 20:02:00 GMT
Sun building rises again - Herald-Palladium
ST. JOSEPH - Workers are scheduled to begin moving into United Federal Credit Union's new Solutions Center today in St. Joseph Township. Credit union officials cut the ribbon Wednesday on the renovated former home of Sun Appliance at 3001 S. State St ...
Thu, 02 Jul 2009 16:41:00 GMT
Dimond Kaplan Rothstein, P.A. Announces Notice of Filing Securities ... - TradingMarkets.com
The complaint alleges that the Credit Union acted as a feeder for Wellstone Securities. A Cornerstone board member has testified in other legal proceedings that the Credit Union entered into a business relationship to refer its members to Wellstone ...
Thu, 02 Jul 2009 12:09:00 GMT
Business: Credit union CEO re-elected to N.C. Credit Union League ... - Salisbury Post
John P. McGrail, president and chief executive officer of Lion's Share Federal Credit Union, won re-election to the North Carolina Credit Union League board of directors. McGrail will represent the Northwest Chapter of credit unions for a second ...
Thu, 02 Jul 2009 11:12:00 GMT
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Business and mortgage lending improves - Financial Times
The availability of loans for businesses and mortgage lending to households improved in the second quarter, according to the Bank of England, in a sign that the credit crunch may be easing. Lending to households – secured against property ...
Thu, 02 Jul 2009 22:46:00 GMT
Banks Fight Obama's Protection Agency Pitch - HispanicBusiness.com
Banks and mortgage lenders are placing top priority on killing President Barack Obama's proposal to create a new consumer protection agency that would regulate home loans, credit card fees, payday loans and other forms of consumer finance. The Obama ...
Thu, 02 Jul 2009 21:56:00 GMT
366-day sentence for mortgage fraud - Kansas City Star
A 70-year-old Merriam man was sentenced to a year and one day in federal prison for mortgage fraud, U.S. Attorney Lanny Welch said today. Scott Alexander pleaded guilty in January to one count of conspiracy to commit wire fraud and money laundering ...
Thu, 02 Jul 2009 22:32:00 GMT
Lenders make it harder to secure a mortgage - Times Online
Two of Britain's biggest mortgage lenders have changed their lending criteria to make it even harder for customers to secure a home loan. Royal Bank of Scotland (RBS), which is 70 per cent owned by the taxpayer, has tightened the rules on what new ...
Thu, 25 Jun 2009 00:58:00 GMT
Seedco Financial Services Receives $2 Million from U.S. Dept. of ... - PR Newswire
Thu, 02 Jul 2009 22:03:00 GMT
Mitigating global financial crisis - Economic Times
Thu, 02 Jul 2009 23:15:00 GMT
Bravura Solutions Limited: Bravura and i-Financial sign partner ... - TMCnet
Thu, 02 Jul 2009 19:33:00 GMT
Financial Sunset in The West - American Enterprise Institute
Thu, 02 Jul 2009 20:16:00 GMT
The financial fiasco in a nutshell - Ashland Daily Tidings
Thu, 02 Jul 2009 20:30:00 GMT