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Banking News

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

4 min ago | Sydney Morning Herald

'Nasty shock': Stevens' housing bubble fears

Aware that "monetary policy does work initially by affecting financial risk-taking behaviour:" RBA governor Glenn Stevens.

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Related Topix: Reserve Bank of Australia, Financial Services, Housing

Tue Sep 02, 2014

Wall Street Journal

A College Degree Pays Off Far Faster Than It Used To

College graduates may be taking on historically high debt burdens to finance their educations.

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

Business Journal

EagleBank to sell Virginia Heritage branch to Cardinal Bank

Cardinal Bank CEO Bernard Clineburg says the Gainesville, Virginia, market is "a double-digit-deposit growth market with significant rooftop growth."

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Related Topix: Virginia, Gainesville, VA, Cardinal Financial, Financial Services, Eagle Bancorp, Prince William County, VA

The Standard

All's fare in taxi race as app offers rebate

A price war is in the offing after a newcomer to Hong Kong's taxi-hailing app market says it will give every passenger a HK$20 rebate with more offers due.

Comment?

Related Topix: Financial Services, Hang Seng Bank

Sys-Con Media

Columbia Banking System Names Kumi Yamamoto Baruffi Executive Vice President And General Counsel

In this role, Ms. Baruffi will report to President/CEO legal services, including providing legal support for the company's board of directors and legal oversight of corporate and regulatory matters .

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Related Topix: Financial Services, Columbia Banking System, Corporate Governance

Post and Courier

Dominion, Duke propose $5B natural gas pipeline

Dominion Resources, Duke Energy and other partners are proposing a $5 billion natural gas pipeline to connect the Southeast with the prodigious supplies of natural gas being produced in Pennsylvania, Ohio and West Virginia.

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Related Topix: Dominion Corp, Financial Services, Dime Community Bancshares, Duke Energy, Energy, Pennsylvania

WIBW-TV Topeka

KC-Area Manufacturers See Skilled Worker Shortage

Manufacturing companies in Kansas and Missouri say there are plenty of high-paying jobs available for people qualified to run sophisticated factory equipment, but there doesn't seem to be enough local talent to fill them.

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Related Topix: Kansas, Financial Services, Federal Reserve Bank of Kansas City

Nanaimo Daily News

Amid speculation European Central Bank will back stimulus, euro falls to one-year dollar low

The euro has fallen to a one-year low against the dollar as Europe's single currency remains under pressure ahead of this week's policy meeting of the European Central Bank.

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Related Topix: Financial Services, European Central Bank

Business Journal

Bank of America wants $1.3B 'Hustle' verdict thrown out

Bank of America Corp. may have put a historically huge settlement in its rearview just last week, but that doesn't mean the Charlotte-based financial giant is finished with its legal maneuvering just yet.

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Related Topix: Bank of America, Financial Services

Prince George Citizen

Amid speculation European Central Bank will back stimulus, euro falls to one-year ...

The euro has fallen to a one-year low against the dollar as Europe's single currency remains under pressure ahead of this week's policy meeting of the European Central Bank.

Comment?

Related Topix: Financial Services, European Central Bank

The Age

Yen's dive leads $A below US93A

The Australian dollar plunged below US93 for the first time in a week, dropping in the wake of a weakening yen and as the Reserve Bank of Australia continued its mild jawboning of the currency.

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Related Topix: Reserve Bank of Australia, Financial Services

Mon Sep 01, 2014

WBTV

Bank of America offers help for women sleeping on uptown benches

A plan to disrupt homeless loitering by removing benches at The Square remains on hold, but community leaders are moving ahead with other solutions, including a planned expansion of the city's chief shelter for women.

Comment?

Related Topix: Bank of America, Financial Services, Weather, Charlotte, NC

Insurance Journal West

Cyber Attacks on Banks Color Terrorism Insurance Renewal Debate

Bankers and U.S. officials have warned that cyber-terrorists will try to wreck the financial system's computer networks.

Comment?

Related Topix: JP Morgan Chase , Computer Security, Science / Technology

The Age

need2know: Eyes turn to RBA

Local shares appear set for a flat open as concerns about the situation in eastern Ukraine offset bets that the European Central Bank would agree on new measures this week to bolster growth.

Comment?

Related Topix: Financial Services, European Central Bank, Financial Markets, Home, Mortgage, Personal Finance

AmericanBankingNews.com

TAL International Group Upgraded by Zacks to "Neutral"

The firm currently has a $45.20 price target on the stock. Zacks 's price target indicates a potential upside of 2.26% from the company's current price.

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Related Topix: Wells Fargo , Startups, Mach One, Institutional Venture Partners, Financial Services

AmericanBankingNews.com

Shanta Gold Limited Given Buy Rating at FinnCap

's stock had its "buy" rating restated by FinnCap in a research note issued on Monday.

Comment?

Related Topix: Shinhan Financial Group

Hindustan Times

Global CEOs top bankers queue up to meet Modi

Global chief executives and top bankers of iconic Wall Street companies are queuing up to meet Prime Minister Narendra Modi, in a clear sign that India's economy has never mattered more than now.

Comment?

Related Topix: Deutsche Bank AG, Financial Services, Bank of America

Reuters

Euro hits fresh one-year low, hamstrung by Ukraine turmoil

The euro hit a fresh one-year low on Monday, as heightened worries about the crisis in Ukraine kept the currency on the defensive ahead of a European Central Bank policy meeting later this week.

Comment?

Related Topix: Financial Services, European Central Bank

Sun Aug 31, 2014

The Washington Post

Slim's America Movil Said to Hire Bank of America to Sell Assets

America Movil SAB, Latin America's largest wireless provider, has hired Bank of America Corp. to sell phone assets as part of a breakup plan to appease Mexican lawmakers, according to people familiar with the matter.

Comment?

Related Topix: Bank of America, Financial Services, Cable & Satellite, Telecom, ATT, Carlos Slim Helu, SoftBank, Investment Services, AT&T, Business News

West Australian

Stocks to watch on Monday

Harvey Norman expects the strengthening housing market to boost its business, after achieving sales and profit growth in the past year.

Comment?

Related Topix: Financial Services, National Australia Bank

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