Banking Wire
Comprehensive News Feed for Banking.
Results 1 - 20 of 49,835 in Banking
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Reps' game of musical chairs seen unlikely to miss a beat
... happens with UBS," said Darin Manis, chief executive at recruiter RJ & Makay LLC. Rumors persist that Swiss banking giant UBS AG plans to dump its U.S. wealth management business as it struggles to repair its balance sheet. "Every time something ... Comment?
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Stand by, New York, for a Tough Love Recovery
In the five years before the city economy went bust, as office towers filled with workers and as consumers snapped up flat-screen TVs and electronic gadgets, peak electricity demand in the New York area climbed nearly 9%, when adjusted for weather. Comment?
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Five Economics Pieces Worth Reading: January 3, 2010
I posted last week about how newspapers are having to change what they publish because technology meant that most of their readers already know the news before they receive their paper the next day. Comment?
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Tokyo bourse to launch high-speed trading system
... two to three-seconds required until now, and roughly on par with its counterparts in New York and London. The TSE is banking on the system's faster trading speeds and higher reliability to bolster its prospects ahead of plans to go public later this ... Comment?
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Sunday Forum: Readers skeptical about economic recovery in 2010
... Once we trashed the Constitution with the Federal Reserve Act of 1913 and subsequent amendments, and put a private banking cartel in charge of the nation's currency, we set the stage for a Ponzi-based fiat monetary system. Like a drug user addicted ... Comment?
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2010 outlook: El Paso jobs, economy, housing growth to return
We didn't dodge the nation's Great Recession, but economists say El Paso didn't get punched as hard as many other parts of the country, mostly because of Fort Bliss' multibillion-dollar growth. Comment?
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Financial Markets Year In Review
w/Photo
... the same period, as its shares closed at $168.84 last Thursday. But there are some exceptions, notably two U.S. banking giants Citigroup Inc. and Bank of America Corp. Both banks repaid its federal bailout funds last month - among the last of the ... Comment?
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'Repo' market is vital, must be fixed
... a process that was quietly created by the Federal Reserve about 90 years ago as a way to add or subtract cash to the banking system as necessary to regulate the money supply without disrupting the market. At its heart, the repo market allows the Fed ... Comment?
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Cashier at a World of Disney store. At the beginning of this year, most investors just hoped to get through 2009. Comment?
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Data breaches affect million state residents
One million Massachusetts residents - or 1 in 6 people - have had their credit card numbers, medical records, or other personal information leaked or stolen over the past two years, according to records provided to the Globe by state officials. Comment?
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Why join? Hawaii's #1 Site for Events and Entertainment Marketplace Spot the new Hawaiian Humane Society rescue vehicle and you could win a $75 prize pack! Receive 10% off membership to an online database of 400+ sitters by entering promo code COX at www.KeikiSitters.com Your chance to win $250,000 in prizes from Hawaiian Isles Water starts here ! ... Comment?
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China manufacturing growth strengthens r...
China's manufacturing expanded at the fastest pace in 20 months in December, cementing the recovery in the world's third-biggest economy. Comment?
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2000-'10 has been Lost Decade for US economy--American government's official statistics
The beginning of the 21st century has become, as a matter of fact, a "lost decade" for the US economy. Comment?
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FDIC out for more in selling failed banks
The share prices of some companies that bought failed banks from the Federal Deposit Insurance Corp. Comment?
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5 school districts pressured over loans
As five Wisconsin school districts face increased pressure to return millions of dollars in loans, the $200 million in investments they undertook with money from that debt are almost entirely without value and unlikely to pay back when they mature in 2013, according to representatives for the districts. Comment?
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Eurozone faces 2010 debt crisis
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... in the ceiling set by the European Union in its Stability and Growth Pact. Soaring budget deficits, low growth and banking sector support "are feeding into significantly higher public debt levels," the European Commission has warned. Average ... 1 comment
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'09 winners and losers in business
... that he would leave by year-end. He will be replaced by Brian Moynihan, who is BofA's consumer and small business banking chief. * American workers The nation's unemployment rate has shot above 10 percent to levels not seen since the early 1980s. ... Comment?
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Happy flotation year in London
... 0.00 , 0.00% ) , HSBC Holdings Plc /quotes/comstock/13*!hbc /quotes/nls/hbc ( HBC 57.09 , 0.00 , 0.00% ) and Lloyds Banking Group /quotes/comstock/23s!a:lloy ( UK:LLOY 50.69 , 0.00 , 0.00% ) , which raised 13.5 billion pounds in November, the ... Comment?
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Citigroup's structure, formed through a series of acquisitions made beginning in the 1990s, wasn't the problem, the Times said. Comment?
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'Move Your Money': Are Community Banks Really Better?
I have been largely silent about the recent populist call to arms by Arianna Huffington and Rob Johnson. Comment?
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