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Bank bailout squandered public funds, trust 24 Nov 2009 01:37 GMT
... the Troubled Asset Relief Program, aka, the bank bailout fund, released his report on the 2008 rescue ... way to limit those liabilities? After all, banks would have suffered huge losses if AIG ...
Audit agency's condemnation of bail-out of Bank Century threatens top Indonesian leaders 24 Nov 2009 05:10 GMT
... The Indonesian government’s continued cash infusion into Bank Century after it bailed out the lender last ... legislators to demand an inquiry into the bail-out. “Unhealthy practices and violations were conducted by ... Bank Century was done to prevent a banking crisis in the country amid the global ...
Audit board investigation not focused on Bank Century funds 24 Nov 2009 05:11 GMT
... Audit board investigation not focused on Bank Century funds Monday, November 23, 2009 22:09 ... on the flows of the much criticized bailout funds amounting to Rp6.7 trillion. "Actually, the ... and the parties who benefited from the banking scandal. ICW Coordinator Danang Widoyoko said in ...
Bank Century rescue audit puts Boediono against the wall 24 Nov 2009 03:43 GMT
... Bank Century rescue audit puts Boediono against the ... Agency (BPK) investigative audit on the controversial bailout of Bank Century has cornered Vice President ... aimed at preventing a crisis in the banking system and in the economy in general ...
Heat is on central banks to stimulate growth 24 Nov 2009 00:10 GMT
... Spain recorded GDP falls in Q3. Central banks now must decide how soon and at ... started raising rates already. The European Central Bank will likely lead, raising official rates in ... automaticall y swell budget deficits. Huge banking bailout packages will further inflate borrowing. The question is ...
Comment: Heat is on central banks to stimulate growth 24 Nov 2009 06:15 GMT
... Spain recorded GDP falls in Q3. Central banks now must decide how soon and at ... started raising rates already. The European Central Bank will likely lead, raising official rates in ... automaticall y swell budget deficits. Huge banking bailout packages will further inflate borrowing. The question is ...
Strong banks, weak credit: U.S. rethinks bailout 24 Nov 2009 06:43 GMT
... WASHINGTON (AP) — Big banks are roaring back. At crisis' edge last ... we don't want to be the only bank in town who takes your capital because the others ... the Financial Services Roundtable, which represents large banking institutions. Lending volume has declined less than ...
U.S. rethinks bailout 24 Nov 2009 06:55 GMT
... WASHINGTON (AP) — Big banks are roaring back. At crisis' edge last ... we don't want to be the only bank in town who takes your capital because the others ... the Financial Services Roundtable, which represents large banking institutions. Lending volume has declined less than ...
Lloyds bank record rights issue set at hefty discount 24 Nov 2009 09:56 GMT
... LBG, 43-percent state-owned after a massive government bailout, said existing shareholders would be able to ... able to buy new shares in the bank priced at 37 pence each. LBG shares ... part in a government scheme that insures banks' toxic debt. "Lloyds Banking Group is pleased ...
Democratic Party joins in Bank Century inquiry move 24 Nov 2009 06:03 GMT
... Democratic Party joins in Bank Century inquiry move , The Jakarta Post ... Representatives inquiry committee for the Bank Century bailout. Previously, the Democratic Party, the most dominant ... implementing the standard regulations to salvage troubled banks,” the Democratic Party faction chairman at the ...
Big Surprise: Most Big Banks Lack Capital 24 Nov 2009 09:09 GMT
... are horribly short of capital. Every single bank in Japan, the US, Germany, Spain, and ... Barcelona (6.2), and UniCredit (6.3). While some banks may look healthy under normal Tier 1 ... according to standard metrics due to government bailout money. But questions linger about whether this profile ...
Fed Said to Ask Stress-Tested Banks to Submit Plans on TARP 24 Nov 2009 06:46 GMT
... Federal Reserve asked nine of the U.S. banks that were part of this year’s stress ... banks have received about $142 billion in bailout funds, out of the $700 billion Congress authorized ... that have yet to repay TARP are Bank of America, PNC, , Fifth Third Bancorp, ...
Japan Hot Stocks-Banks, Takefuji, JAL, Mori Seiki, shipping 24 Nov 2009 05:15 GMT
... The following stocks were on the move: **BANKS SLIDE ON SELLING AFTER FRIDAY RISE, FUNDRAISING ... Mitsubishi UFJ Financial Group (MUFG) and other bank shares slid as selling erased gains made ... pension payouts and qualify for a state bailout. **MORI SEIKI PLUNGES AMID STOCK DILUTION WORRIES** ...
Strong banks, weak credit: US rethinks bailout 24 Nov 2009 10:33 GMT
... (AP) - WASHINGTON - Big banks are roaring back. At crisis' edge last year, ... we don't want to be the only bank in town who takes your capital because the others ...
Indonesia Market factors to watch - Nov 24 24 Nov 2009 02:27 GMT
... Reuters will cover the event) - Central bank and finance ministry to hold a news ... hold a news conference on Bank Century bail-out, 1430 (0730). - Bakrie Telecom to launch ... 14 pct stake sale [ID:nJAK503534] Indonesian bank bailout criticised by audit agency[ID:nJAK501268] President urges police ...

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EIN News Columnists

China's 'Capitalism:' A Rigged Game (Joe Rothstein's Commentary) [17 Nov 2009 - 11:59]
Tom Daschle, Not Secretary of Health, But Still A Force In The Fight for Health Reform (Joe Rothstein's Commentary) [12 Nov 2009 - 12:24]

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Bank Bailout News

Strong banks, weak credit: US rethinks bailout [24 Nov 2009 - 11:16]
BRIEF-WestLB says is in talks with German bank rescue fund SOFFIN [24 Nov 2009 - 10:58]
Strong banks, weak credit: U.S. rethinks bailout [24 Nov 2009 - 07:24]
Audit agency's condemnation of bail-out of Bank Century threatens top Indonesian leaders [24 Nov 2009 - 05:55]
Bank Century rescue audit puts Boediono against the wall [24 Nov 2009 - 04:15]

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Bank Types News

Malaysia, UK Islamic banks ink wakala pact [24 Nov 2009 - 11:17]
Islamic banks standardise on wakala agreement [24 Nov 2009 - 09:59]
Premier Members FCU Deploys Credit Union Compliance Training from Edcomm Banker's Academy [24 Nov 2009 - 09:59]
Islamic banks launch standard wakala agreement, eye uniformity [24 Nov 2009 - 09:58]
Dubai Bank named best Islamic bank [24 Nov 2009 - 08:41]

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Central Banks News

Russia's central bank bought 15.6 tonnes of gold in October [24 Nov 2009 - 11:54]
Russia's central bank lowers interest rates to 9% [24 Nov 2009 - 10:57]
Russian central bank lowers refi rate [24 Nov 2009 - 10:40]
Azerbaijan Central Bank's net international reserves rose by 7.3% [24 Nov 2009 - 10:19]
OECD: Israel central bank forex interventions risk inflation [24 Nov 2009 - 09:44]

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Currency News

UPDATE 1-Russia cuts rates again to tame rouble, help econ [24 Nov 2009 - 11:54]
Pound those protons [24 Nov 2009 - 11:53]
700 pound black bear wreaking havoc in Incline Village, NV [24 Nov 2009 - 11:38]
Dollar slips vs. yen but gains on euro in Asian trading [24 Nov 2009 - 11:17]
FOREX-Dollar rises, euro hurt on bank worries, eye data [24 Nov 2009 - 10:58]

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IMF

Angola secures $1.4 billion stand-by arrangement with IMF [24 Nov 2009 - 11:55]
IMF Managing Director Strauss-Kahn Says Policymakers Globally Must Remain Committed to Collaboration to Effectively Face Key Challenges Ahead [24 Nov 2009 - 11:55]
Bankers returning to old habits, IMF warns [24 Nov 2009 - 11:16]
Fiji needs to tighten up monetary policies: IMF [24 Nov 2009 - 10:56]
IMF to look again at Tobin tax [24 Nov 2009 - 10:33]

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World Bank News

Dubai team facilitates field visits of World Bank [24 Nov 2009 - 10:33]
SAfrica's Zuma backs World Bank loan for Eskom: paper [24 Nov 2009 - 09:40]
World Bank help sought for education, institutions [24 Nov 2009 - 08:43]
Eskom Awaits News On World Bank Loan [24 Nov 2009 - 08:41]
Government hails World Bank support [24 Nov 2009 - 05:14]

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Banking Organizations News

Treasury survey finds drop in apartment purchases [24 Nov 2009 - 11:54]
Bank Governor King's statement to Treasury Committee [24 Nov 2009 - 11:34]
BOE'S POSEN - BOE, TREASURY SHOULD DO CONTINGENCY PLAN FOR BUYING PRIVATE SECTOR ASSETS [24 Nov 2009 - 11:33]
Nielsen appoints Shubhranshu Das as South Asia leader for its global financial services practice [24 Nov 2009 - 11:17]
TEXT - BOE Governor King's statement to Treasury Committee [24 Nov 2009 - 11:16]

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Banking Regulation News

Davie pastor, wife convicted of $7 million money laundering, mortgage fraud [24 Nov 2009 - 07:39]
Dodgy PayPal Money Laundering Set To Be Tracked [23 Nov 2009 - 23:14]
PayPal found in breach of Australian anti-money laundering rules [23 Nov 2009 - 17:27]
GIABA, WAICA to Discuss Money Laundering [23 Nov 2009 - 17:26]
China Official Argues Higher Reserve Requirements [23 Nov 2009 - 13:18]

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Banking Products News

CRIME STOPPERS: A felony credit card abuse case [24 Nov 2009 - 10:57]
Consumers get better grip on credit card debt [24 Nov 2009 - 10:57]
Unsecured loans for bad credit: Grab immediate money to handle pecuniary needs [24 Nov 2009 - 10:56]
Bad credit unsecured loans: Pledging of the collateral is not required [24 Nov 2009 - 10:56]
Unsecured loans: Big fiscal support [24 Nov 2009 - 10:56]

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