<?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=69&amp;catid=68</link><description>News Feed for - Banking</description><item><title>British banks should disclose 1m earners</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96513044&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T19:17:00</pubDate><description>Walker wants high earners to be listed and non-exec directors to have greater influence FIRST POSTED NOVEMBER 26, 2009 Sir David Walker, the former Morgan Stanley chairman tasked with reviewing the corporate </description><source>First Post</source></item><item><title>Dubai struggles to assuage debt fear</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96469927&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T19:55:00</pubDate><description>DUBAI/LONDON (Reuters) - Dubai struggled to ease fears of debt default on Thursday after its move to delay repayments at two flagship firms shook confidence in the Middle East as a center for investment </description><source>CNBC via MSN Money</source></item><item><title>MidSouth Bancorp to raise $30 million through secondary offering ...</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96441288&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T19:57:00</pubDate><description>Company: Midsouth Bancorp, Inc. (MSL) MidSouth Bancorp, Inc., a US-based bank holding company, is planning to raise approximately $30 million through a public offering of shares of its common stock. MidSouth </description><source>Zibb</source></item><item><title>BMO Financial Group to acquire Diners Club North American franchi...</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96489980&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T19:58:00</pubDate><description>Company: Citigroup, Inc. (C) BMO Financial Group (BMO), a Canada-based financial services company, has signed a definitive agreement to purchase the Diners Club North American franchise from Citigroup, </description><source>Zibb</source></item><item><title>UK's Brown to push bank bailout plan at summit</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96570231&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T15:24:00</pubDate><description>COMMONWEALTH/BROWN (EMBARGOED): * Brown not discouraged by cool reception to bank proposals * Wants Commonwealth to offer olive branch to Zimbabwe * Hopes meeting can be springboard to Copenhagen LONDON, </description><source>Forbes.com</source></item><item><title>Swedish c.bank lowers bank loan loss f'cast</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96558110&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T09:10:00</pubDate><description>STOCKHOLM, Nov 26 (Reuters) - Sweden's central bank on Thursday said it expected loan losses for the Nordic country's banks to be lower than it had estimated earlier this year, though risks remained considerable. </description><source>Forbes.com</source></item><item><title>Darling broke rules on RBS/Lloyds loan -UK lawmaker</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96585741&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T19:05:00</pubDate><description>LONDON, Nov 26 (Reuters) - British finance minister Alistair Darling broke guidelines by not disclosing loans of more than 60 billion pounds to Royal Bank of Scotland (RBS.L) and Lloyds (LLOY.L) last </description><source>Reuters</source></item><item><title>Half of Banks' Losses May Be Hidden: IMF</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96473542&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T08:07:00</pubDate><description>Half of the losses suffered by banks could still be hidden in their balance sheets, more so in Europe than in the United States, the International Monetary Fund's chief, Dominique Strauss-Kahn, was quoted </description><source>CNBC</source></item><item><title>China Need to Stop Property Stimulus Now</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96267672&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T05:24:00</pubDate><description>China should immediately halt some of its real estate stimulus policies, or risk inflating a bubble that in its bursting would wreak financial and even social trouble, a central bank newspaper said on </description><source>CNBC</source></item><item><title>CIBC recommends buying dividend-paying stocks</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96589199&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T19:59:00</pubDate><description>OTTAWA -- CIBC World Markets released a report Thursday in which it says itâ??s a sound strategy for stock buyers to follow the time-honoured tradition of buying up dividend-paying stocks. During equity </description><source>Canada.com</source></item><item><title>China C.Bank To Drain 30B Yuan</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96526678&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T02:48:00</pubDate><description>SHANGHAI, Nov 26 (Reuters) - China's central bank will drain 30 billion yuan ($4.4 billion) from the money market on Thursday through 91-day bond repurchase agreements, traders said. This is in addition </description><source>Forbes.com</source></item><item><title>China c.bank auctions fin min deposits at 2.05 pct</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96523532&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T02:08:00</pubDate><description>SHANGHAI, Nov 26 (Reuters) - China's central bank auctioned 30 billion yuan ($4.4 billion) of three-month finance ministry deposits to commercial banks on Thursday at a rate of 2.05 percent, traders said. </description><source>Forbes.com</source></item><item><title>Investors may divvy up rewards with dividend paying stocks: CIBC ...</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96570226&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T15:59:00</pubDate><description>Companies: Coles Myer Ltd. (CM), Coles Myer Ltd. (CM) Stable payers offer downside protection in uncertain times In a world of low interest rates and uncertain growth, investors searching for decent returns </description><source>Zibb</source></item><item><title>Joint venture for marine facility formed</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96584769&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T19:17:00</pubDate><description>NEW DELHI: Singapore-based Sembawang Shipyard, a wholly-owned subsidiary of Sembcorp Marine and Kakinada Seaports (Kakinada Seaports), on Thursday announced a joint venture to establish and operate a </description><source>The Hindu</source></item><item><title>ECB's Wellink-US lives above its means, affects dlr</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96475611&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T16:08:00</pubDate><description>AMSTERDAM, Nov 26 (Reuters) - The United States' pattern of consumption funded by credit has an impact on its currency's exchange rate, ECB's governing council member Nout Wellink said on Thursday. 'The </description><source>Forbes.com</source></item><item><title>Full disclosure fixes many problems, but bankers' pay isn't one of them</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96587906&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T19:41:00</pubDate><description>Full and timely disclosure is vitally important in financial markets. Without sufficient information to form a judgment, sensible investors are loath to part with their money. When they fail to follow </description><source>Telegraph</source></item><item><title>UPDATE 1-Commerzbank, BNP to bankroll Ratiopharm bidders-VEM</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96583780&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T17:24:00</pubDate><description>FRANKFURT, Nov 26 (Reuters) - Commerzbank, the German bank running the sale of generic-drug supplier Ratiopharm, has pledged with BNP Paribas to make loans to private-equity suitors in the auction, stoking </description><source>Forbes.com</source></item><item><title>SilverCrest Mines Secures US$12.5 Mln Project Loan From Macquarie Bank - Quick Facts</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96596764&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T21:11:00</pubDate><description>Mines Secures US$12.5 Mln Project Loan From Macquarie Bank - Optional: Temporarily hide the 'tabber' class so it does not 'flash' on the page as plain HTML. After tabber runs, the class is changed to </description><source>RTTNews.com</source></item><item><title>INTERVIEW-Angola's biggest bank BAI eyes S.African market</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96594723&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T20:51:00</pubDate><description>LUANDA, Nov 26 (Reuters) - Angola's Banco Africano de Investimentos (BAI), the nation's biggest bank in terms of deposits, plans to open a representative office in South Africa this year in a bid to tap </description><source>Reuters Africa</source></item><item><title>American Express sees Argentine spending up 10 pct</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96593853&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T20:40:00</pubDate><description>BUENOS AIRES, Nov 26 (Reuters) - Credit card spending in Argentina is expected to increase at least 10 percent next year as consumer activity rebounds in Latin America's No. 3 economy, American Express </description><source>Reuters</source></item><item><title>Why Lloyds gave up opportunity to withdraw from disastrous HBOS deal</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96592291&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T20:22:00</pubDate><description>By Jeremy Warner 1 Comment The revelation that HBOS availed itself of covert Bank of England lender of last resort liquidity at the height of the banking crisis has raised the question afresh of why on </description><source>Telegraph</source></item><item><title>Treasury 'forced' to reveal secret Â£62bn loan for banks</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96592245&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T20:22:00</pubDate><description>The Government only released details of the Bank of England's secret emergency loans to two of Britain's biggest banks because Whitehall's own spending watchdog was planning to reveal the bail-out week, </description><source>Telegraph</source></item><item><title>A bankers' rich list only plays to the gallery</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96591391&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T20:13:00</pubDate><description>Telegraph View: The Government could show that it really means business by putting its money where its mouth is. Telegraph View Published: 7:46PM GMT 26 Nov 2009 Sir David Walker is himself a banker, </description><source>Telegraph</source></item><item><title>Why bankers loved bonds this year</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96591073&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T20:11:00</pubDate><description>EST G The banks fiscal year runs from Nov. 1 to Oct. 31, and they got a big shot in the arm near the end of last December, when financial markets were still crumbling. Fund managers and private equity </description><source>Globe and Mail</source></item><item><title>Liquidator appointed for defunct bank</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96589668&amp;Channel_ID=69&amp;Category_ID=68</link><pubDate>2009-11-26T19:56:00</pubDate><description>MADURAI: The State Government has appointed P. Uma Maheswari, Joint Registrar of Cooperative Societies, as a full time liquidator of the defunct Madurai Urban Cooperative Bank the licence of which was </description><source>The Hindu</source></item></channel></rss>