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Banking News

Banking news continually updated from thousands of sources around the net.

2 hrs ago | NEWS.com.au

Mining slowdown hits WA commercial market

THE wind down of the mining investment boom is hurting Western Australia's commercial property market, with growing vacancies in office space.

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Related Topix: Financial Services, National Australia Bank

Tue Jul 29, 2014

Bellingham Herald

Metropolitan Museum president announces retirement

Emily Rafferty said Tuesday she will retire at the end of March 2015. She has been president of the museum since January 2005.

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Related Topix: Associated Press, Financial Services, Federal Reserve Bank of New York, Bank of New York

The Campbell Reporter

South San Francisco: Homeless man pleads not guilty to attempted robbery at a Wells Fargo Bank

A 42-year-old man pleaded not guilty Monday to trying to rob a Wells Fargo branch in South San Francisco.

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Related Topix: San Mateo County, CA, South San Francisco, CA, Wells Fargo , Financial Services

Reuters

Deutsche Bank's Postbank takeover hit by new regulatory delay

Deutsche Bank's takeover of Postbank was hit with a fresh regulatory delay on Wednesday, when Germany's Federal Supreme Court failed to give final clearance to the deal and instead referred a lawsuit over its terms to an appeals court.

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Related Topix: Deutsche Bank AG, Financial Services

KTVN Reno

Swiss bank UBS reports 2Q net profit jump

A man who was imprisoned 21 years for a rape and murder he didn't commit is set to testify at a first-ever Connecticut hearing to determine how much he should be compensated.

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Related Topix: Financial Services, Ubs Ag

KWQC-TV Davenport

Swiss bank UBS reports rise in profit

Most of the 1,200 people driven to evacuate by a Northern California wildfire that destroyed 13 homes have been told they can safely return after a series of steady gains in the firefight.

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Related Topix: Financial Services, Ubs Ag, Natural Disasters, Wildfire, Fire, US News, US Supreme Court

Cybercast News Service

Deutsche Bank posts 29 percent net profit drop

Deutsche Bank AG posted a 29 percent drop in second-quarter net profit Tuesday, hit by what it described as higher taxes, declining revenue and political instability affecting the markets.

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Related Topix: Deutsche Bank AG, Financial Services

Mon Jul 28, 2014

Brandon Sun

Swiss bank UBS reports 2Q net profit jump, settlement of German case

Swiss banking giant UBS AG has reported a 15 per cent jump in second-quarter net profit from a year ago, driven by strong results from its core wealth management and trimmed-down investment banking franchises despite a tough market environment.

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Related Topix: Financial Services, Ubs Ag, UBS Investment Bank, Investment Banking, UBS Financial Services, Investment Services

Business Journal

Exclusive: Fifth Third Center in downtown Tampa sold

The sale of the 19-story 281,187-square-foot office building at 201 E. Kennedy Blvd. closed Monday, CBRE Group Inc. confirmed to the Tampa Bay Business Journal .

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Related Topix: Tampa, FL, Hillsborough County, FL, Financial Services, Fifth Third Bancorp

Business Journal

After decade of change, where does Birmingham rank as a banking hub?

The growth of Birmingham banks, specifically Regions Bank , has helped the area maintain its status as a banking hub despite a decade of significant change for its bank scene.

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Related Topix: Birmingham, AL, Financial Services, Banco Bilbao Vizcaya Argentaria SA

EKathimerini

Greece wants ECB stress tests to factor in banks' restructuring plans, source says

Greece wants the European Central Bank's health checks on its four biggest banks later this year to take account of their new restructuring plans rather than being based on last year's balance sheet data alone, a Greek finance ministry official said on Monday.

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Related Topix: Financial Services, European Central Bank

Myrtle Beach Online

MidSouth Bancorp reports earnings increase

The Advocate reports that Lafayette-based MidSouth's president and CEO said strong loan growth and improvements in efficiency and operating earnings helped drive second-quarter results.

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Related Topix: MidSouth Bancorp, Financial Services, Myrtle Beach, SC, Business News

Business News

Citigroup unit charged with failing to protect confidential data

The Securities and Exchange Commission has charged a Citigroup business unit operating an alternative trading system with failing to protect the confidential trading data of its subscribers.

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Financial Services, CitiMortgage, Citigroup

Business Journal

CEO says First Niagara seeing returns on tech investment

The ambitious technology infrastructure overhaul announced by First Niagara Financial Group Inc. in January is already improving some of the company's operations.

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Related Topix: Financial Services, First Niagara Financial Group

Brandon Sun

Majority say health will be biggest retirement expense: BMO poll

The Bank of Montreal report, titled "Living to 100: The Four Keys to Longevity," found that 74 per cent of those recently polled foresee medical costs as their biggest expense in their senior years.

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Related Topix: Bank of Montreal, Financial Services, Long Term Care, Health, North America, Canada, World News

EKathimerini

Tree collapses in village square, killing nine-year-old boy

A nine-year-old boy has been killed in a village in central Greece after a plane tree collapsed on top of him.

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Related Topix: Greece, World News, Financial Services, European Central Bank

Sun Jul 27, 2014

Reuters

JP Morgan questioned on private bank impropriety: WSJ

As a result of the questioning regarding potential conflicts of interest, the New York-based bank has sharpened its disclosures to clients, the newspaper said, citing sources.

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Related Topix: JP Morgan Chase , Reuters

The Age

NAB hives off $1.13b bad loans in UK

National Australia Bank has agreed to sell a 625 million parcel of distressed loans from its UK commercial real estate portfolio to an affiliate of New York-based buyout group Cerberus Global Investors.

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Related Topix: National Australia Bank, Financial Services, Stanley

The New Zealand Herald

NZ dollar little changed ahead of US Fed meeting

The kiwi traded at 85.63 US cents at 8am from 85.51 cents on Friday in New York and 85.73 cents at 5pm in Wellington.

Comment?

Related Topix: Financial Markets, Financial Services, Bank of New York

Express India

More Dabhol debt may be converted into equity

With power generation at the Ratnagiri Gas and Power grinding to a halt in the absence of natural gas, lenders to the project may consider a further conversion of debt into equity to help the company tide over the crisis, Arundhati Bhattacharya, chairperson of State Bank of India, told FE, adding that the portion of debt, that got converted into ... (more)

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Related Topix: Financial Services, State Bank of India, India, Asia, World News

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