Banking News - Congoo

(Reuters) - The chairman of Financial Services Authority (FSA) said the regulator was closely monitoring Bradford & Bingley (BB.L: Quote, Profile, Research), the bank whose shares have slumped on concern

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Societe Generale fined 4 million euros for rogue trader UPDATE - 4 Hours ago

PARIS (Thomson Financial) - France's banking regulator Friday fined Societe Generale 4 million euros over 'grave deficiencies' in its internal controls that enabled a massive rogue trade scandal at the

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UK's Cowdery eyeing Bank of Ireland unit - reports - 100 Minutes ago

DUBLIN, July 6 (Reuters) - British entrepreneur Clive Cowdery is considering making a bid for Bank of Ireland's (BKIR.I: Quote, Profile, Research, Stock Buzz) UK mortgage lending unit, Irish media reported

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UPDATE 1-Britain's FSA says closely monitoring UK bank B&B - 46 Minutes ago

AIX-EN-PROVENCE, France, July 6 (Reuters) - The chairman of Britain's Financial Services Authority (FSA) said the regulator was closely monitoring Bradford & Bingley (BB.L: Quote, Profile, Research, Stock

Banks brace for tough second half of the year - 83 Minutes ago

By most measures, the first half of 2008 was downright dreadful for most banks and securities firms. It was a period marked by billions of dollars of writedowns, dividend cuts and management shakeups

Swiss banks to set aside more capital - 99 Minutes ago

GENEVA: Swiss banks UBS and Credit Suisse need to set aside 70 billion Swiss francs (43.5 billion euros, 68.3 billion dollars) more in capital as Switzerland's banking watchdog moves to prevent a repeat

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Bank heist suspect tries to kill self before his arrest - 44 Minutes ago

A suspected bank robber tried to kill himself as Chicago police closed in on him, authorities said Saturday. The man was arrested shortly after he allegedly robbed a TCF Bank inside the Jewel Food Store

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SocGen fined over trading scandal (18) - 3 Hours ago

PARIS (AP) _ France's central bank announced Friday that it has fined Societe Generale $6.3 million for 'serious shortcomings' in its internal controls that led to nearly $7.8 billion in trading losses

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