Search Results for 'Bank'

Canada Stocks Rise, Led by Banks; CIBC, Bank of Montreal Gai...

Canadian stocks gained the most in a week, led by banks, after Canadian Imperial Bank of Commerce posted lower-than-estimated writedowns, stoking speculation that the worst of the credit crisis may soon be over for lenders. CIBC jum [...]

Posted On : Aug, 28 2008 | Comments : 0

Cardinal Bank and the U.S. Small Business Administration Par...

Cardinal Bank (NASDAQ:CFNL), in partnership with the U.S. Small Business Administration’s Richmond District Office, is pleased to announce it has provided financing under the Patriot Express Loan Initiative to business customers, Rich [...]

Posted On : Aug, 05 2008 | Comments : 0

C.bank guides yuan to high but consolidation seen

China's central bank guided the yuan to a new post-revaluation high against the dollar on Wednesday, apparently in an effort to create a positive climate for this week's round of high-level U.S.-China economic talks. But the yuan fell agai [...]

Posted On : Jun, 18 2008 | Comments : 0

ICBC, China Banks Drop on Reserve Requirement Boost

Industrial & Commercial Bank of China Ltd. fell to an 11-month low in Shanghai trading, leading banks lower after they were told to set aside more deposits as reserves for a fifth time this year, reducing funds available for lending. [...]

Posted On : Jun, 10 2008 | Comments : 0

French bank details $7.2 billion loss

French bank Societe Generale described Sunday how one of its traders allegedly carried out a $7.2 billion (€4.9 billion) fraud, how the loss came to light and what it is doing to ensure such a case does not recur. art.police.afp.jpg [...]

Posted On : Jan, 28 2008 | Comments : 0

Barclays Drops ABN Bid, Clearing Way for Royal Bank

Barclays Plc abandoned the six-month battle to buy ABN Amro Holding NV after investors failed to back its bid, clearing the way for Royal Bank of Scotland Group Plc and two partners to complete the biggest banking takeover.Royal Bank, Banco [...]

Posted On : Oct, 06 2007 | Comments : 0

China Construction Bank soars on debut

Investors gave China Construction Bank a hearty welcome to the Shanghai bourse on Tuesday, driving its shares up as much as 40 percent after China's second-largest initial public offering ever.It was the latest in a string of multi-bi [...]

Posted On : Sep, 25 2007 | Comments : 0

Banks directed to take measures stemming fake currency

State Bank of Pakistan (SBP) has counseled all banks to set up essential equipments and machines for the detection of fake currency at least in their main branches, which could also be used by the people free of cost. SBP circular carryin [...]

Posted On : Jul, 13 2007 | Comments : 0

Banks foreign assets value reach at Rs867 billion

The worth of the overseas resources in banks throughout the eleven months of previous financial year surged by Rs107 billion, while the loans to private sector by Rs284 billion. State Bank of Pakistan (SBP) released monetary survey said tha [...]

Posted On : Jul, 08 2007 | Comments : 0

Islamic banks deposits surge by 11 percent

The worth of Islamic banks places throughout January-March 2007 rolling by 11 percent went beyond Rs93 billion. State Bank of Pakistan (SBP) released figures showed that the amount of Islamic banks deposits in December 2006 was Rs83.74 bi [...]

Posted On : Jul, 07 2007 | Comments : 0

World Bank board delays decision on Wolfowitz

The World Bank’s board of directors adjourned a meeting Friday to review the promotion by bank President Paul Wolfowitz for his girlfriend, Shaha Riza, saying it would move quickly to decide how to proceed. In a statement, the board [...]

Posted On : Apr, 13 2007 | Comments : 0

Bank row resolved as N Korea talks resume

US authorities on Monday agreed to release $25m in North Korean funds that [...]

Posted On : Mar, 19 2007 | Comments : 0

Prime Banks sale deal to ABN AMRO finalized

Prime Commercial Bank handout released to the Karachi stock market said that the matters relating to the sale deal of the major share holding of the Prime Bank have been finalized and the process for the purchase of such share holdings, whi [...]