Banking Newswire

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Results 1 - 20 of 29,174 in Banking

  1. China Steel's price cut reflects global weak demand: analystsRead the original story

    56 min ago |

    Steel Corp. to lower domestic wholesale prices for June deliveries showed weak demand in the global market, analysts said Saturday. It was the fifth consecutive cut by Steel amid uncertainty over the global market since the steel maker left its domestic wholesale prices unchanged for October to November 2014.


  2. Former IMF chief hits out at ECB treatment of IrelandRead the original story w/Photo

    1 hr ago |

    The former head of the IMF's Irish mission Ajai Chopra has hit out at Ireland's treatment at the hands of the European Central Bank. The IMF official accused the then ECB President Jean-Claude Trichet of over-reaching his power as a central banker.


  3. US piles pressure on Athens as Greek crisis roils marketsRead the original story w/Photo

    1 hr ago | The Peninsula

    The United States piled pressure on Greece Friday to agree to key reforms to obtain new EU financing, but equity markets sank in fear that Athens is headed for default. Stepping into the latest European financial crisis, both President Barack Obama and Treasury Secretary Jacob Lew said Greece needs to reach a deal that will get it $7.2 billion euros more in bailout financing from the European Union.


  4. House buyers are being offered some of the lowest ever fixed-rate mortgage dealsRead the original story w/Photo

    1 hr ago | Braintree and Witham Times

    The battle between lenders to chop down the mortgage rates on offer has intensified, with a company unveiling a new five-year deal with a record low rate of under 2%. On Monday, HSBC said it will launch a five-year fixed-rate mortgage with a rate of 1.99%.


  5. Now is the best time to travel to EuropeRead the original story w/Photo

    10 hrs ago | ABC2 Maryland

    Vacations in Europe have a new attraction: the euro's steep drop in value is making the continent much cheaper for tourists from across the world, especially the United States and China. For American tourists, the dollar's strength translates into a discount of around 25 percent compared with this time last year.


  6. Consuer confidence climbs to second-highest since 2007Read the original story w/Photo

    17 hrs ago | Worcester Telegram & Gazette

    Consumer confidence improved in April to the second-highest level in more than eight years as Americans held more favorable views of the economic outlook and inflation. The University of Michigan said Friday that its preliminary index of sentiment climbed to 95.9 this month from 93 in March.


  7. SINGAPORE: Why some currencies are falling against SingdollarRead the original story

    2 hrs ago | Asia News Network

    Currency markets have been roiling this year as divergent monetary policy and growth stories unfold in different economies. As market swings become sharper, the Australian dollar, British pound, euro and Malaysian ringgit have fallen to multi-year lows against the Singapore dollar.


  8. Change for a $20?Read the original story w/Photo

    2 hrs ago | Cape Cod Times

    CONCORD, N.H. – The first woman to serve as both governor and U.S. senator is backing a campaign to put a female face on the $20 bill. Sen. Jeanne Shaheen filed legislation this week that would create a citizens panel to recommend an appropriate choice to the treasury secretary.


  9. Exclusive: Chopra says ECB's threats to Ireland were 'outrageous'Read the original story w/Photo

    2 hrs ago |

    ... the man considered the public face of the Irish bailout will cause ructions in the ECB and will pile pressure on the Banking Inquiry here to get answers from the Frankfurt body on its controversial role in the bailout. The ECB eventually released ...


  10. Shares of Paramus-based Hudson City rise after merger deadline delayedRead the original story w/Photo

    3 hrs ago | The Item

    Hudson City Bancorp climbed the most in more than two years in intraday trading after saying the Federal Reserve will reach a decision on the lender's proposed merger with M&T Bank Corp. by Sept. 30. Paramus-based Hudson City rose as much as 5.4 percent to $9.81 during the day before settling for an increase of 2.2 percent to $9.50.


  11. Greece, creditors to hold more debt talks SaturdayRead the original story w/Photo

    3 hrs ago | West Australian

    Greece and its international creditors will meet Saturday in Paris to discuss Athens' massive debt bailout programme and reforms it must adopt in exchange for urgently needed funds, sources said. Progress in the talks has so far proved elusive while Athens is running out of money to pay its creditors, raising the risk of a default and a potentially chaotic exit from the single currency bloc.


  12. Hudson City Climbs After Saying Fed Set Date to Act on M&T DealRead the original story

    3 hrs ago | The Washington Post

    Hudson City Bancorp gained in early trading after saying the Federal Reserve will reach a decision on the lender's proposed merger with M&T Bank Corp. by Sept. 30. The lenders extended the deadline for their planned deal for the fourth time, to Oct. 31 from April 30, Paramus, New Jersey-based Hudson City said Friday in a statement.


  13. IMF urges EU to slim down its demands on GreeceRead the original story w/Photo

    3 hrs ago | Business News

    The International Monetary Fund has urged EU negotiators to slim down their list of demands in debt talks with Greece amid fears that time is running out to reach a deal. The intervention by one of the country's three main lenders came as the UK chancellor, George Osborne , said the impasse posed the biggest immediate threat to the global economy.


  14. State Bank of India commits itself to financial inclusionRead the original story

    4 hrs ago | Big News

    The World Bank Group and a broad coalition of partners, including the State Bank of India, have made commitments that will help promote financial inclusion and achieve universal financial access by the year 2020. Galvanizing private-sector investment and innovation to accelerate universal financial access, including through enabling policy and regulatory frameworks, was the focus of a flagship event at the World Bank headquarters here Friday.


  15. Unemployment rateRead the original story w/Photo

    4 hrs ago | El Paso Times

    El Paso County's unemployment rate increased slightly in March to 5.3 percent, but it remained below the national rate for the third consecutive month even as El Paso's labor market weakened, according to data released Friday by the Federal Reserve Bank of Dallas and the Texas Workforce Commission. The El Paso unemployment rate was a revised 5.2 percent in February, and 7 percent in March 2014, the Dallas Fed reported.


  16. Travel industry a bright spot in slowing economyRead the original story w/Photo

    4 hrs ago | Daytona Beach News-Journal Online

    Worries that the U.S. economy might be headed for a stall were compounded earlier this week when the Federal Reserve Bank of Atlanta released its latest GDPNow model forecast. The Atlanta bank's forecast for real GDP growth in the first quarter of 2015 was 0.2 percent this week, up from 0.1 percent on April 2. At the same time, the bank's forecast for consumption growth declined 0.2 percent to 1.9 percent.


  17. Money Smart Week seminars aimed at helping people in El Paso, Las...Read the original story w/Photo

    5 hrs ago | El Paso Times

    Personal finance guru and author Dave Ramsey has said that one key to success is for a person to gain control over his or her money, or, he said, "the lack of it will forever control you." Helping people gain more knowledge about how to manage personal and business finances is the aim of Money Smart Week, an annual week-long series of free seminars on various aspects of personal and business finances, which begins today with kickoff rallies at Cielo Vista Mall in El Paso, 1-4 p.m., and at the Rio Grande Theatre in Las Cruces, 9 a.m.-noon.


  18. Fauquier beats Kettle Run with walk-off single in baseball slug festRead the original story w/Photo

    5 hrs ago |

    Fauquier High sophomore Nick Farris beats a throw to home to score the game-winning run on Jacob Evans single that gave the Falcons a 10-9 win over Kettle Run on Friday night at Athey Field.


  19. Paul Krugman: That old-time economicsRead the original story w/Photo

    5 hrs ago |

    America has yet to achieve a full recovery from the effects of the 2008 financial crisis. Still, it seems fair to say that we've made up much of the lost ground.


  20. Hydro One privatization was 'not natural' for Ontario Liberals, Clark saysRead the original story w/Photo

    5 hrs ago | Globe and Mail

    Ed Clark tests his teleprompters before delivering the findings of the Premier's Advisory Council on Government Assets in Toronto on Thursday, April 16, 2015. Mr. Clark said he told Ms.