Tag Archive | "banks"

Italian banks on the ropes after Basel III

Italian bankers are in a fix. During the financial crisis, Italy’s banks fared far better than their peers in Europe and the US, owing to a culture of conservative lending and wariness of complex financial instruments. But as their peers in Europe and US now recover, it is Italian bankers who face tough decisions

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Italian banks to slash pay-outs

Italy’s big banks are shaping up to cut dividends sharply as they try to avoid joining the fledgling trend among European peers to raise fresh equity

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Investors offered Iraq fund opportunity

Investors looking for new opportunities can now put their money into listed banks and industrial companies in Iraq, one of the last frontiers in emerging markets.

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Regulators need to promote bank competition – ICB

LONDON (Reuters) – Promoting competition should be a priority for a new regulatory framework in Britain, the panel tasked with assessing whether banks should be broken up or the industry reshaped has said.

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Regulators close 6 banks in Fla, Ga, Ill, Kan (AP)

AP – Regulators on Friday shut down a total of six banks in Florida, Georgia, Illinois and Kansas, lifting to 138 the number of U.S. banks that have fallen this year as soured loans have mounted and the economy has sputtered.

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Regulators close 3 banks in Fla., Ga. (AP)

AP – Regulators have shut down three small banks in Florida and Georgia, lifting to 135 the number of U.S. banks that have fallen this year as soured loans have mounted and the economy has sputtered.

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We’d like to return these bad loans, please

The foreclosure document fiasco has already caused a major headache for U.S. banks — and that headache may soon escalate into a migraine.

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We’d like to return these bad loans, please

The foreclosure document fiasco has already caused a major headache for U.S. banks — and that headache may soon escalate into a migraine.

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Chinese bank chief urges push overseas

Xiao Gang, chairman of the Bank of China, is calling on the country’s financial sector to speed up its expansion overseas in a strong sign that Beijing is considering allowing banks to resume offshore mergers and acquisitions

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FTSE rebounds as investors eye spending review

LONDON (Reuters) – Leading shares climbed higher on Wednesday, with strength in miners and banks outpacing weakness in energy stocks, as investors waited for the government’s spending review.

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