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>>   US banking
Five more US banks fail; 2009 tally hits 120 
NDTV Profit - 6 Hours ago
US regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults
5 more banks fail, shutdown tally 120 The Money Times
Five more banks fail - 120 for the year CNN
all 2 news articles >>    Add Comment

Four Banks Closed; 2009 Failures Reach 119 
Time - 12 Hours ago
(CHARLOTTE, N.C.) Regulators on Friday shut small banks in Georgia, Michigan, Minnesota and Missouri, bringing the number of bank failures this year to 119 amid the struggling economy and a cascade of
Regulators shut small banks in four states; marks 119 US bank failures this year Am1220.ca
Regulators shut small banks in Georgia, Michigan; marks 117 U.S. bank failures BX93
all 14 news articles >>    Add Comment

Great Florida Bank (GFLB) Corporate Event Announcement Notice - Z... 
Zibb - 15 Hours ago
Great Florida Bank (GFLB) Expected next earnings release: Announcement date: 2/4/2010 - After Market Earnings Quarter: Q4 Announcement Status: Unconfirmed    Add Comment

United Commercial Bank 120th bank to fail this year in U.S. 
Individual.com - 4 Hours ago
The San Francisco-based United Commercial Bank reopen Saturday as branches of East West Bank after it was shut down by regulators Friday night and immediately sold to the Pasadena-based East-West Bancorp.
United Commercial Bank 120th bank to fail this year in U.S. - Zib... Zibb
California's United Commercial Bank Fails Forbes.com
all 14 news articles >>    Add Comment

U.S. banks borrow more from the emergency Fed program this week 
China Post - 13 Hours ago
WASHINGTON -- Banks borrowed slightly more from the Federal Reserve's emergency lending program over the past week, while reducing their use of other credit programs designed to ease the financial crisis.
Banks borrow more from emergency Fed program The Hawk Eye
Banks Borrow More From Emergency Fed Program 21min KCRA.com
all 2 news articles >>    Add Comment

Ex-National City ABL Exec Named EVP at First Merit 
ABF Journal - 17 Hours ago
FirstMerit announced the appointment of David G. Goodall as executive vice president, Commercial Banking. Goodall joined FirstMerit in April 2009, as executive vice president, Specialty Lending, and became     Add Comment

Bank of America: The Players 
Law.com - 17 Hours ago
As the SEC broadens its inquiry into Bank of America Corporation's merger with Merrill Lynch, Corporate Counsel senior reporter Sue Reisinger offers a breakdown of the key characters in the bank drama.    Add Comment

Did Bank of America CEO Ken Lewis Listen to His Lawyers? 
Law.com - 17 Hours ago
[EDITOR'S NOTE: This story is from the November issue of Corporate Counsel magazine.] Ken Lewis doesn't like lawyers. He especially doesn't seem to like Tim Mayopoulos, his former general counsel at Bank
BofA CEO search to drag until Thanksgiving: report Exec Digital US
Bank of America's CEO Search may go to Thanksgiving as Board is Divided (BAC) Individual.com
all 7 news articles >>    Add Comment
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>>   Banking
Britain Gives Impetus to Global Tax on Banks 
ABC News - 4 Hours ago
ST ANDREWS, Scotland (Reuters) - World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding
Britain's Brown urges global tax Investors Business Daily
UPDATE 2-Britain gives impetus to global tax on banks Forbes.com
all 12 news articles >>    Add Comment

G20: Brown urges ministers to consider bank tax 
France24 - 4 Hours ago
British Prime Minister Gordon Brown urged G20 finance ministers gathered in St Andrews to urgently consider a financial transactions levy on banks to make them more accountable to society. AFP - British
G20: Geithner Rejects Brown 'Bank Tax' Plan Ananova
G20 should consider bank tax urgently Economictimes
all 22 news articles >>    Add Comment

WRAPUP 3-UK joins G20 push for world levy on banks 
Reuters - 3 Hours ago
* UK adds impetus to push for global financial levy * Group of 20 divided on push to reach climate finance deal * G20 to pledge stimulus for economies to stay * Meeting also seeking progress on balanced
U.K. Joins Push For World Levy On Banks Forbes.com
U,K. Joins G20 Call For World Levy On Banks Forbes.com
all 8 news articles >>    Add Comment

Regulators close Gateway Bank, Prosperan Bank 
Reuters - 90 Minutes ago
WASHINGTON (Reuters) - Bank regulators closed Gateway Bank of St. Louis, in St. Louis, Missouri, and Prosperan Bank, of Oakdale, Minnesota, on Friday, the 118th and 119th U.S. bank to fail this year.
U.S. regulators close Gateway Bank, Prosperan Bank Directorship
State Closes United Commercial Bank Stockhouse Canada
all 18 news articles >>    Add Comment

Iran rejects US reasons to sanction Bank Mellat 
Forbes.com - 4 Hours ago
TEHRAN, Nov 7 (Reuters) - Iran rejected on Saturday as 'baseless' the reasons given by the United States for sanctioning a Malaysian-based subsidiary of its second-largest bank, the official IRNA news
Iran rejects US reasons to sanction Mellat Trade Arabia
Sanctions won't affect Iran bank here Malaysian Mirror
all 4 news articles >>    Add Comment

HIGHLIGHTS - Comments from G20 finmins, central bankers meeting 
Reuters India - 10 Hours ago
ST ANDREWS, Scotland (Reuters) - Following are comments on Saturday from Group of 20 finance ministers, central bank policymakers and officials meeting in Scotland. 'The issue is whether we talk about
HIGHLIGHTS - Comments from G20 finmins, c.bankers meeting Reuters
all 1 news articles >>    Add Comment

REFILE-French bank Societe Generale repays state support 
Reuters - 70 Minutes ago
(refiles, fixing typo in paragraph four) PARIS, Nov 7 (Reuters) - French bank Societe Generale (SOGN.PA) has bought back all the preferential shares that were held by the state agency SPPE, France's markets
French bank Societe Generale repays state support Forbes.com
all 1 news articles >>    Add Comment

Prize money cut but HSBC extends Women's Champions backing 
Reuters Africa - 6 Hours ago
SHANGHAI (Reuters) - HSBC has extended its sponsorship of the Women's Champions tournament in Singapore until 2012 but the prize money will be cut from $2 million to $1.3 million for next year's LPGA
Golf-Prize money cut but HSBC extends Women's Champions backing Yahoo! Malaysia
HSBC slashes golf prize money Straits Times
all 9 news articles >>    Add Comment
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>>   Mortgage industry
Administration Rejects Plan to Buy Fannie Mae Credits 
CNBC - 3 Hours ago
The Obama administration on Friday rejected a proposal by Goldman Sachs to buy as much as $1 billion in tax credits from Fannie Mae, saying the deal would have amounted to a net loss for taxpayers. รข??It     Add Comment

Freddie Mac loses $6.3B in 3Q 
KTTC - 4 Hours ago
Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't need a federal cash infusion.
Freddie Mac posts $5 billion loss Directorship
Freddie Mac posts $5 bn loss Financial Express
all 45 news articles >>    Add Comment

Digest: Goldman blocked from buying Fannie Mae assets 
Washington Post - 10 Hours ago
The Obama administration on Friday denied Goldman Sachs's offer to buy millions of dollars in assets from struggling mortgage finance giant Fannie Mae. The offer was not a good deal for taxpayers, according     Add Comment

Homeowners left in a lurch after mortgage refinancing checks bounce 
Chicago Tribune - 12 Hours ago
lurch after mortgage refinancing checks bounce -- chicagotribune.com listings travel topics sale news CONSUMER WATCH owners left in a lurch after mortgage refinancing checks bounce Borrowers face foreclosure     Add Comment

Hit by huge loss, Fannie Mae seeks more federal aid 
Washington Post - 18 Hours ago
Fannie Mae, the federally controlled mortgage finance giant, said Thursday it lost $19 billion in the third quarter and had submitted a request to the Treasury Department for $15 billion in more aid to
Fannie Mae seeks $15 bln in US aid after 3Q loss KeralaNext.com
Fannie Mae posts $18.9 billion Q3 loss, taps Treasury Exec Digital US
all 95 news articles >>    Add Comment

Sandwich lease options may not deliver for investors says mortgage specialist 
Residential Landlord - 4 Hours ago
As No Money Down financing for buy to Let investors has virtually been stamped out by lenders, sandwich lease options are now being offered as the saviour for property investors wanting to make money     Add Comment

Home Loan: The path to your own sweet home 
TMC Net - 4 Hours ago
Owning a home which fits one's satisfaction and choice is a lifetime dream of every individual. One needs a place called his sweet home where he can relax after a long tiring day, spend some precious     Add Comment

Mortgage approvals reach 18-month high 
Only Finance.com - 6 Hours ago
The number of mortgages approved for house purchases hit an 18-month high in September, but the figures masked a great decline in remortgages, according to Bank of England statistics. Figures from the     Add Comment
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>>   Finance news
Pennetta beats Glatch before rain hits Fed final 
Reuters - 5 Hours ago
By Mark Meadows REGGIO CALABRIA, Italy (Reuters) - Flavia Pennetta overpowered Alexa Glatch 6-3 6-1 to give hosts Italy a 1-0 lead over United States in the Fed Cup final on Saturday. The second singles
Pennetta beats Glatch before rain hits Fed final (Reuters) Yahoo! News Australia
all 1 news articles >>    Add Comment

Fed losing support on bank oversight 
Washington Post - 16 Hours ago
Key Democratic lawmakers are threatening to dismantle the Obama administration's plans to place the Federal Reserve at the heart of efforts to overhaul the financial regulatory system. When administration     Add Comment

Opel Europe Head Carl-Peter Forster To Leave After GM Pullout - Quick Facts 
RTTNews.com - 16 Hours ago
(RTTNews) - General Motors Corp. said its group vice president and president, Opel Europe, Carl-Peter Forster, would be leaving his role as head of European operations and would advise the company during
Opel Europe Head Carl-Peter Forster To Leave Following GM Pullout - Update RTTNews.com
GM Europe head quits following Opel U-turn: source Sydney Morning Herald
all 21 news articles >>    Add Comment

EU report criticises its own 'vague and inadequate' hedge fund directive 
Telegraph - 18 Hours ago
European plans to impose swingeing new regulations on hedge funds have been dealt a hammer-blow after a report commissioned by a key committee of the European Parliament said the plans were "vague, sweeping,
EU criticises 'inadequate' hedge fund directive Telegraph
UPDATE 1-EU Parliament report slams hedge-fund directive Reuters UK
all 2 news articles >>    Add Comment

U.S. banks borrow more from the emergency Fed program this week 
China Post - 13 Hours ago
WASHINGTON -- Banks borrowed slightly more from the Federal Reserve's emergency lending program over the past week, while reducing their use of other credit programs designed to ease the financial crisis.
Banks borrow more from emergency Fed program The Hawk Eye
Banks Borrow More From Emergency Fed Program 21min KCRA.com
all 2 news articles >>    Add Comment

Share your online investing tips and tricks 
Globe and Mail - 13 Hours ago
EST R Globe and Mail personal finance columnist Rob Carrick has completed his annual online broker rankings and highlighted the strengths and weaknesses of each website. Now we want to hear from you.
Investing with an online brokerage: Tips and tricks Globe and Mail
all 1 news articles >>    Add Comment

Short-term Treasurys the better bet on the Fed 
MarketWatch - 16 Hours ago
Investors worried about the outlook for the economy and wanting a safe place to stash cash often look to the Treasury market, confident that the U.S. government will always pay its debts. But not all
Weekend Investor: Short-term Treasurys the better bet on the Fed MarketWatch
all 1 news articles >>    Add Comment

Citi Plans To Relaunch Unit of Troubled HF 
Institutional Investor - 18 Hours ago
Citigroup is said to be prepping the relaunch of its troubled hedge fund unit Citi Alternative Investments under the name Citi Capital Advisers reports Financial Times
Citigroup wants to re-launch hedge fund unit but can't think of a good name Opalesque
Citi Said to Eye Relaunch of Hedge Fund Unit New York Times
all 14 news articles >>    Add Comment
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