<?xml version="1.0" encoding="iso-8859-1"?><?xml-stylesheet href="http://www.congoo.com/css/rss.css" type="text/css" media="screen"?><rss version="2.0"><channel><title>Banking News - Congoo</title><link>http://www.congoo.com/feed/newschannelsfeed.aspx?chid=5&amp;catid=68</link><description>News Feed for - Banking</description><item><title>Â£61.6bn emergency funds for banks</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96391336&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T12:44:00</pubDate><description>Emergency loans to Royal Bank of Scotland (RBS) and HBOS peaked at Ã?Â£61.6 billion at the height of the financial crisis, the Bank of England has said.The Bank revealed for the first time the details </description><source>The Scotsman</source></item><item><title>Bank made emergency loans to RBS and HBOS</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96384676&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T13:02:00</pubDate><description>LONDON (Reuters) - The Bank of England disclosed on Tuesday that it provided more than 60 billion pounds in emergency loans to RBS and HBOS at the height of the credit crisis last year. The central bank </description><source>Reuters UK</source></item><item><title>TreeHouse Foods Up 25.7% Since SmarTrend's Buy Recommendation</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96318611&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T13:00:00</pubDate><description>SmarTrend, our proprietary pattern recognition system, called an Uptrend for TreeHouse Foods (NYSE:THS) on June 24, 2009 at $28.66. Since then, TreeHouse Foods has returned 25.7% as of today's recent </description><source>Individual.com</source></item><item><title>BMO Financial Group Announces Agreement to Acquire the Diners Club North American </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96311315&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T12:20:00</pubDate><description>Gives BMO exclusive rights to issue Diners Club cards in North America; clients will benefit from worldwide acceptance and ability to access the industry's top purchasing card and T&amp;E card programs under </description><source>Reuters</source></item><item><title>Medis Technologies Down 62.5% Since SmarTrend's Sell Recommendation</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96242576&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T13:00:00</pubDate><description>SmarTrend, our proprietary pattern recognition system, called a Downtrend for Medis Technologies (NASDAQ:MDTL) on October 28, 2009 at $0.20. Since then, Medis Technologies has returned 62.5% as of today's </description><source>Individual.com</source></item><item><title>Newpark Resources to Present at the FBR Capital Markets 2009 Fall Investor Conference</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96291519&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T12:29:00</pubDate><description>THE WOODLANDS, Texas, Nov. 24 /PRNewswire-FirstCall/ -- Newpark Resources, Inc. (NYSE: NR) announced today that Paul Howes, President and Chief Executive Officer, will present at the FBR Capital Markets </description><source>Reuters</source></item><item><title>Citigroup sells Diners Club N. American ops</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96390314&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T13:05:00</pubDate><description>NEW YORK -- Citigroup Inc. said Tuesday it is selling its Diners Club North American franchise to BMO Financial Group as it continues to shed noncore assets and streamline operations. Financial terms </description><source>Washington Post</source></item><item><title>UPDATE 1-Fed asks U.S. banks to submit TARP repayment plans</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96371899&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T15:14:00</pubDate><description>(Updates with source) WASHINGTON, Nov 24 (Reuters) - The U.S. Federal Reserve this month asked banks that were part of 'stress tests' conducted earlier this year that have not yet repaid money injected </description><source>Reuters</source></item><item><title>Bank Of America Exceeds $1 Bln In Lending And Investing To Community Lenders - Quick </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96392639&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T13:02:00</pubDate><description>(RTTNews) - Bank of America Corp. (BAC: News ) announced that it surpassed the $1 billion mark in loans and investments to more than 120 Community Development Financial Institutions or CDFIs in 37 states. </description><source>RTTNews.com</source></item><item><title>EMERGING MARKETS-China fears weigh; rouble flat after rate cut</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96387874&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T12:51:00</pubDate><description>LONDON, Nov 24 (Reuters) - A late sell-off in Asia sparked off by jitters over Chinese capital rules kept emerging markets on the back foot on Tuesday while Romania's leu currency edged up near seven-week </description><source>Forbes.com</source></item><item><title>Acme Packet to Present at Credit Suisse Technology Conference</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96399493&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T14:50:00</pubDate><description>BusinessWire - Acme Packet, Inc. (NASDAQ:APKT), the leader in session border control solutions, today announced that Mr. Andy Ory, the Company's President and Chief Executive Officer, and Mr. Peter Minihane, </description><source>Forbes.com</source></item><item><title>Asian Markets End Lower On Profit Taking; Banks Decline</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96270485&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T12:38:00</pubDate><description>Asian Economic News (RTTNews) - The markets across Asia ended in negative territory on Tuesday as traders preferred to take profits and move to the sidelines ahead of key economic data slated for release </description><source>RTTNews.com</source></item><item><title>Banks earn $2.8B in 3Q; insurance fund in the red</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96403854&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T15:12:00</pubDate><description>WASHINGTON -- Banks earned $2.8 billion in the third quarter, but loan balances plummeted and the fund that insures their deposits was $8.2 billion in the red. The Federal Deposit Insurance Corp. says </description><source>Washington Post</source></item><item><title>B&amp;G Foods to Present at the Bank of America Merrill Lynch Credit Conference</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96340170&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T14:50:00</pubDate><description>BusinessWire - B&amp;G Foods, Inc. (NYSE: BGS), a manufacturer and distributor of high-quality, shelf-stable foods, announced today that the Company will be presenting at the Bank of America Merrill Lynch </description><source>Forbes.com</source></item><item><title>UK banks got billions in secret bailouts</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96402201&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T15:09:00</pubDate><description>The payments were exposed in testimony by the Bank of England deputy governor to the Treasury Select Committee. STORY HIGHLIGHTS British banks RBS and what was HBOS received billions of dollars in secret </description><source>CNN</source></item><item><title>U.S. FDIC insurance fund falls into the red in 3rd qtr</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96403838&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T15:11:00</pubDate><description>* FDIC insurance fund fell to negative $8.2 bln balance * Banking industry has Q3 profit of $2.8 bln * FDIC's Bair optimistic earnings will improve in 2010 WASHINGTON, Nov 24 (Reuters) - The U.S. government </description><source>Reuters</source></item><item><title>Earnings rise of U.S. banks as list of 'problem' institutions grows</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96407538&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T15:48:00</pubDate><description>Reporting from Washington - The financial health of the U.S. banking industry improved during the third quarter, with commercial banks and savings and loans posting an increase in net income of $2.8 billion, </description><source>Los Angeles Times</source></item><item><title>PUMA Launches New Retail Concept at Chicago's State Street Development</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96402307&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T15:09:00</pubDate><description>global sportlifestyle brand PUMA will debut a unique new retail concept with the opening of their second Chicago store, located in the highly-anticipated Chicago State Street development. For the first </description><source>Globe Investor</source></item><item><title>Pan American Bank (Los Angeles) Launches Social Media Presence</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96399924&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T14:52:00</pubDate><description>BusinessWire - Pan American Bank (Los Angeles) today announced that it has entered the world of social media and Web 2.0 through the launch of a blog, Facebook page and Twitter account. Pan American Bank's </description><source>Forbes.com</source></item><item><title>Hungary c.bank should do more for growth-opposition</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96390346&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T11:29:00</pubDate><description>BUDAPEST, Nov 24 (Reuters) - Hungary's central bank should take more responsibility for growth as well as inflation, a top opposition economic policymaker was on Tuesday quoted as saying, laying into </description><source>Forbes.com</source></item><item><title>Russia c.bank injects 23.9 bln roubles via 7-day repos</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96291254&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T11:29:00</pubDate><description>MOSCOW, Nov 24 (Reuters) - The Russian central bank injected 23.94 billion roubles ($831.5 million) of seven-day funds into the banking system at a rate of 6.86 percent at a repo auction on Tuesday. The </description><source>Forbes.com</source></item><item><title>CANADA STOCKS-TSX lower after the open on weaker commodities</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96258621&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T15:09:00</pubDate><description>TORONTO, Nov 24 (Reuters) - Toronto's main stock index was lower shortly after the opening bell on Tuesday as strength in banking stocks stemming from firm Bank of Montreal quarterly results were not </description><source>Forbes.com</source></item><item><title>Banco do Brasil played key role in crisis-report</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96396669&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T12:58:00</pubDate><description>SAO PAULO, Nov 24 (Reuters) - State-controlled Banco do Brasil (BBAS3. SA) played a key role in rescuing Brazilian companies and banks at the height of the turmoil in global financial markets last year, </description><source>Reuters</source></item><item><title>UPDATE 2-Brinkmanship as WestLB owners push Berlin for help</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96395562&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T12:54:00</pubDate><description>FRANKFURT, Nov 24 (Reuters) - Crisis-rocked German state-backed lender WestLB faced down-to-the-wire talks about another bailout as the bank's current owners balked at more support, fuelling talk of consolidation. </description><source>Forbes.com</source></item><item><title>People's United Bank hires new chief human resources officer - Zi...</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96392548&amp;Channel_ID=5&amp;Category_ID=68</link><pubDate>2009-11-24T12:34:00</pubDate><description>Company: New York Times Co. (NYT) US-based People's United Bank has hired David Norton as senior executive vice president and chief human resources officer. He will be a member of the bank's management </description><source>Zibb</source></item></channel></rss>