Banking Roundup: 2013

Monday, April 22, 2013

04/22/13 Comprehensive Real-Time News Feed for Banking

Kids learn the value of saving and spending money _{2013-04-22, 07:25 pm}
Aubrey Palestino looks at her new calculator as Guadalupe School fourth-grade students in Salt Lake City learn how to save money Monday, April 22, 2013, from Zions Bancorporation Chairman, President and CEO Harris Simmons in honor of National Teach Children to Save Day.
Climate change plc _{2013-04-22, 05:46 pm}
... 100 consists of financial services companies investing in these activities. London is also one of the world's main banking hubs, hosting the global headquarters of HSBC and Barclays, and the European, Middle Eastern and African operations of every ...
Bernanke to miss conference, hinting at departure _{2013-04-22, 05:34 pm}
Ben Bernanke is intensifying speculation that this year will be his last as Federal Reserve chairman by deciding to skip the Fed's annual August conference in Jackson Hole, Wyo.
King Trade Capital Founder Edward King to be Expert Panelist at... _{2013-04-22, 07:52 pm}
... Palmieri, Managing Director of ANR Partners, LLC. The panel will be moderated by Andrew Watson, Partner and Head of Banking and Finance at Irwin Mitchell in the U.K. The panel will discuss how specialty lenders that offer purchase order finance, ...
Northern Trust remains in FTSX4Good Index _{2013-04-22, 07:50 pm}
... and corporate governance. Northern Trust is a provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial ...
EagleBank reports record quarter _{2013-04-22, 07:49 pm}
Bethesda-based Eagle Bancorp Inc. had record first-quarter earnings on higher interest and noninterest income.
Banner Corp. posts Q1 profit despite 'exceptionally low' interest rates _{2013-04-22, 07:49 pm}
Walla Walla-based Banner Corp. reported net income of $11.6 for the first quarter of 2013, up from $7.2 million the same quarter a year ago.
First Hawaiian reports decline of nearly 7.4% in Q1 income _{2013-04-22, 07:48 pm}
First Hawaiian Bank is reporting first-quarter net income of $52.6 million, down nearly 7.4 percent from the $56.8 million it earned in the first quarter of 2012.
Blackstone to buy Credit Suisse private equity business _{2013-04-22, 07:46 pm}
The companies did not disclose the purchase price for the Swiss bank's Strategic Partners unit, which specializes in buying and selling stakes in private equity funds.
UPDATE 1-Credit Suisse sells private equity unit to Blackstone _{2013-04-22, 07:39 pm}
... hired by Chief Executive Stephen Schwarzman in 2002 as his right-hand man, James was chairman of global investment banking and private equity at Credit Suisse and was instrumental in 2000 in starting the business Blackstone has now agreed to take ...
FOREX-Yen bears regroup after attempt at 100 barrier fails again _{2013-04-22, 07:39 pm}
The U.S. dollar was nursing a grudge in early Asian trade on Tuesday after another attempt at 100 yen failed due to options-related offers, but traders suspect it is only a matter of time before the psychological level is broken.
Pacific Coast Oil Trust Announces May Cash Distribution _{2013-04-22, 07:39 pm}
The Trust's distribution relates to net profits and overriding royalties generated during March 2013 as provided in the conveyance of net profits and overriding royalty interest.
Waddell & Reed climbs in advance of quarterly earnings release _{2013-04-22, 07:34 pm}
Shares in Waddell & Reed climbed more than two percent Monday in advance of the company's quarterly earnings reports scheduled for release on Tuesday.
Executive agrees to settle insider trading charges The Securities and ... _{2013-04-22, 07:32 pm}
The Securities and Exchange Commission said Monday that a former Home Depot Inc.
In a city of Mormons, meetings on mammon _{2013-04-22, 07:27 pm}
... Jersey area. It has about 1,500 employees there, 5 percent of the worldwide total, in jobs including investment banking, wealth management and investment research. Goldman is big on the city. The location is low cost compared with places like New ...
Wall Street bounces back from biggest weekly drop in 2013 _{2013-04-22, 07:26 pm}
U.S. stocks managed to close higher in choppy trading on Monday after a week with biggest loss this year, as investors bought a dip and tech shares boosted the market.
'Wine, Women & Wealth' Reception Hosted by Madison and... _{2013-04-22, 07:20 pm}
... and medium-sized businesses, real estate developers and high net worth individuals. The Bank, through its Private Banking and Wealth Management Division, which includes its wholly-owned subsidiary, Center Financial Group LLC, provides personalized ...
CFPB fills empty posts, recruits from government agencies _{2013-04-22, 07:19 pm}
The Consumer Financial Protection Bureau is pulling professionals from Freddie Mac and the Senate Banking Committee to fill two key roles within the agency.
Banks close more offices even as deposits rise _{2013-04-22, 07:19 pm}
... ve Bank of New York said. The CFPB filled two key posts this week, naming a former Freddie Mac employee and a Senate Banking Committee professional to significant roles within the agency.
Consumption falls as consumers break free of mortgage debt _{2013-04-22, 07:18 pm}
... mmary of deposits report. The CFPB filled two key posts this week, naming a former Freddie Mac employee and a Senate Banking Committee professional to significant roles within the agency.

Tuesday, April 9, 2013

JPMorgan leads banks in employee reductions, Bloomberg reports

JPMorgan works to avert Dimon losing chairman role, NYT says Ahead of its annual meeting next month, the JP Morgan board is working behind the scenes to make the point to investors that its CEO Jamie Dimon should also keep his chairman title, says the New York Times.

http://www.theflyonthewall.com/permalinks/entry.php/JPMid1811819/JPM-JPMorgan-leads-banks-in-employee-reductions-Bloomberg-reports

On The Fly: Morning Wrap-Up for April 9

... faster than GDP since 2009. Fitch believes total credit in the economy including various forms of "shadow banking" activity may have reached 198% of GDP at end-2012, up from 125% at end-2008. Also, Fitch said its analysis suggests the indebtedness ...

http://www.theflyonthewall.com/permalinks/entry.php/NOSYMBOLid1811791/NOSYMBOL-On-The-Fly-Morning-WrapUp-for-April-

Bank of America rolls out new slogan

... slogan, a series of new ads and bankers talking about the new image. Bank of America (NYSE: BAC) - the third-largest banking operation in Central Texas - has also replaced Kiefer Sutherland as the voice of its TV ads. New ads that aired over the ...

http://www.bizjournals.com/austin/blog/morning_call/2013/04/bank-of-america-rolls-out-new-slogan.html?iana=ind_bank

HK stocks end 0.7 pct higher

... climbing 1.1 percent. The Finance and Properties sub-indices increased 0.55 percent and 0.42 percent, respectively. Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, slipped 0.43 percent to 80.9 HK dollars. Local ...

http://english.people.com.cn/90778/8200901.html

Stocks bounce back after bad week

U.S. stocks cut their morning losses and finished higher Monday, rebounding from one of their worst weeks of the year.

http://www.wptv.com/dpp/news/national/apple-aapl-stock-update-are-apple-shares-bouncing-back

HSBC Holdings's Outperform Rating Reaffirmed at Sanford C. Bernstein

... presently has a consensus rating of Buy and a consensus target price of $11.47 (748 GBX). HSBC Holdings plc is a banking and financial services organization. It serves around 89 million customers through four global businesses: Retail Banking and ...

http://www.dailypolitical.com/finance/stock-market/hsbc-holdingss-outperform-rating-reaffirmed-at-sanford-c-bernstein-hsba.htm

City National Now Covered by Goldman Sachs

The firm set a "neutral" rating on the stock. Several other analysts have also recently commented on the stock.

http://www.americanbankingnews.com/2013/04/09/city-national-now-covered-by-goldman-sachs-cyn/

News on the go: The Morning News Edition 04-09-13

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/09/news-on-the-go-the-morning-news-edition-04-09-13/

Biologist pushes for Swan Pond web cam 04-09-13

Tech Bytes: 4-9-13

Magician Rich Ferguson's Human Chair Scare Prank

Bank of America unveils new slogan

Visitors to Bank of America's website are now getting a taste of the bank's new slogan: "Life's better when we're connected." A video newly posted on the bank's website lays out the essence of the campaign, which was more than a year in the making.

http://www.newsobserver.com/2013/04/08/2811155/bank-of-america-unveils-new-slogan.html#storylink=rss

US, German finance chiefs downplay differences

U.S. Secretary of State John Kerry says he held "very constructive talks" with Israeli and Palestinian leaders during three days of high-level Mideast diplomacy.

http://www.abc27.com/story/21916175/us-german-finance-chiefs-downplay-differences

Homebuyers say they expect to spend $300,000 on first property: poll

The average first-time homebuyer in Canada is 29 years old and expects to be able to put down a down payment of $48,000 on $300,000 home, according to a recent poll by the Bank of Montreal.

http://www.fftimes.com/node/258650

Miners help FTSE higher on China, Alcoa

Britain's top share index rose on Tuesday, led by miners as benign Chinese inflation data stoked expectations the world's biggest metals consumer's monetary stimulus will stay in place.

http://www.reuters.com/article/2013/04/09/markets-britain-stocks-idUSL5N0CW1ZO20130409?feedType=RSS&feedName=hotStocksNews

MasterCard Faces EU Antitrust Probe Into Payment-Card Fees

MasterCard Inc. is under investigation by the European Union over the bank fees it charges on credit and debit-card payments made by customers based outside the 27-nation bloc.

http://washpost.bloomberg.com/Story?docId=1376-MKZET40YHQ0X01-5E2GGLSRKPI6M0ALC0BCHFV9VE

First Republic Bank Now Covered by Goldman Sachs

The firm set a "conviction-buy" rating on the stock. Shares of First Republic Bank opened at 37.79 on Tuesday.

http://www.americanbankingnews.com/2013/04/09/first-republic-bank-now-covered-by-goldman-sachs-frc/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

Raw: Police at Serbia Shooting Spree Scene

Kerry: 'Friendly, Positive, Long Discussion'

Asia remembers Thatcher

Syracuse Mayor's proposal to close a fire station 04-9-13

TMN List: 4-9-13

Putin Squeezing Out UBS to Deutsche Bank Using Oligarchs

... men five years ago. OAO Sberbank (SBER) , the nation's biggest lender, and VTB Group have increased investment-banking fee income more than fivefold since 2005, according to data compiled by Freeman & Co., a New York-based consulting firm. European ...

http://mobile.bloomberg.com/news/2013-04-08/putin-squeezing-out-ubs-to-deutsche-bank-using-oligarchs.html?

RBC's Nixon says bank puts 'very high priority' on Canadian jobs

File photo of RBC CEO Gordon Nixon. Mr. Nixon said Tuesday morning that: 'I think our track record when it comes to things like outsourcing is very good.

http://www.theglobeandmail.com/report-on-business/economy/jobs/rbcs-nixon-says-bank-puts-very-high-priority-on-canadian-jobs/article10932281/?cmpid=rss1

US, German finance chiefs downplay differences

Germany's finance minister insisted Tuesday that reducing deficits should not hurt economic growth, sticking by his strategy to tackle Europe's crisis despite the new U.S. Treasury secretary's call to boost demand more.

http://www.miamiherald.com/2013/04/09/3331163/us-german-finance-chiefs-downplay.html

Spain Bailout Becoming Less Likely as Funding Costs Decline, Moody's Says

... for 2014. That compares with overspending of 10.2 percent of GDP last year, or 7 percent excluding aid to the banking sector. Moody's calculates the cost of bank recapitalizations added an amount equivalent to 3.65 percent of output to Spain's ...

http://www.bloomberg.com/news/2013-04-09/spain-bailout-less-likely-on-lower-funding-costs-moody-s.html

JPMorgan Leads Job Cuts as Banks Seek to Bolster Profit

... of having to catch up," she said. Morgan Stanley (MS) said in January that the firm would eliminate 1,700 investment-banking positions from its staff of 57,000 and defer all bonuses for top earners. CEO James Gorman , 54, who has said his industry ...

http://www.bloomberg.com/news/2013-04-09/jpmorgan-leads-job-cuts-as-banks-seek-to-bolster-profit.html

Bear Hunter Ben, Draghi Vs. Chanos And The Bair

... February when Senator Merkley announced that he had been awarded the chairmanship of a subcommittee of the Senate Banking Committee, the Subcommittee on Economic Policy. Is it a coincidence? We don't think so as Senator Merkley seems serious about ...

http://seekingalpha.com/article/1329371-bear-hunter-ben-draghi-vs-chanos-and-the-bair?source=feed

BOJ Defeats Basci Cut as Lira Carry Trade Revives: Turkey Credit

Turkish central bank Governor Erdem Basci's efforts to weaken the lira are being undermined by stimulus from his counterpart in Japan as investors buy the Mediterranean nation's assets in carry trades funded by the yen.

http://www.bloomberg.com/news/2013-04-09/boj-defeats-basci-cut-as-lira-carry-trade-revives-turkey-credit.html

SeaWorld IPO amount boosted to $500 million

SeaWorld Entertainment Inc. has upped the amount it expects to raise from an initial public offering to $500 million, Bloomberg reports.

http://www.bizjournals.com/sanantonio/blog/morning-edition/2013/04/seaworld-ipo-amount-boosted-to-500.html?ana=RSS&s=article_search&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+vertical_64+%28Tourism+Industry+News%29

5 Rallying Industrial Stocks Being Bought Up By Hedge Funds

For those investors who believe that the U.S. economy has survived through the worst macro threats, the industrials sector might be of interest.

http://seekingalpha.com/article/1329271-5-rallying-industrial-stocks-being-bought-up-by-hedge-funds?source=feed

US, German finance chiefs downplay differences

Germany's finance minister insisted Tuesday that reducing deficits should not hurt economic growth, sticking by his strategy to tackle Europe's crisis despite the new U.S. Treasury secretary's call to boost demand more.

http://www.wtop.com/628/3279282/US-German-finance-chiefs-downplay-differences

SeaWorld IPO amount boosted to $500 million

Qatar's Doha Bank seeks to double foreign profits by 201...

... arm of Societe Generale in a $2 billion deal, while NBAD brought in the banker who led Australia and New Zealand Banking Group's push into Asia as its new chief executive earlier in April to aid its expansion plans. Doha Bank, 17 percent owned by ...

http://thepeninsulaqatar.com/latest-news/232397-qatars-doha-bank-seeks-to-double-foreign-profits-by-2015.html

F.N.B. completes Annapolis deal

... will serve as market executive and Maryland Region president. Tisdale will manage the integration of sales by retail banking, commercial banking, wealth management and insurance professionals, and will develop business opportunities in the ...

http://www.bizjournals.com/pittsburgh/blog/morning-edition/2013/04/fnb-completes-annapolis-deal.html?ana=RSS&s=article_search&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+vertical_2+%28Commercial+Banking+Industry+News%29

JPMorgan tops U.S. banks planning to cut jobs this year

The U.S. banking industry is planning to cut thousands of jobs this year, despite rising stock prices, resurgent profits and a growing economy, Bloomberg reported.

http://www.bizjournals.com/dallas/blog/morning_call/2013/04/us-banks-plan-to-cut-thousands-of.html?ana=RSS&s=article_search&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+vertical_2+%28Commercial+Banking+Industry+News%29

Premarket: Stocks edge higher, J.C. Penney shares dive

U.S. stock futures this morning are pointing to a rather flat start to the North American trading day, as a mixed earnings report from bellwether Alcoa Inc.

http://www.theglobeandmail.com/globe-investor/inside-the-market/premarket-stocks-edge-higher-jc-penney-shares-dive/article10883061/?cmpid=rss1

London midday: Miners lead the Footsie higher

... Chief Executive Klaus Kleinfield said: "I'm relatively optimistic that 2013 is going to be better than 2012." Banking giants JPMorgan Chase & Co and Wells Fargo & Co will also releasing their earnings reports later this week. Miners gain after ...

http://www.livecharts.co.uk/share_prices/London-midday--Miners-lead-the-Footsie-higher-news20815175.html

Precedential No. 14: Refusing to Read Cited Registration Narrowly,...

The Board affirmed a refusal to register the mark LOTUS for "bar services located in a casino," finding it likely to cause confusion with the identical mark registered for "providing banquet and social function facilities for special occasions; restaurant and bar services." Applicant argued that the "restaurant and bar services" of the cited ... (more)

http://thettablog.blogspot.com/2013/04/precedential-no-14-refusing-to-read.html

Spain says ECB should help periphery firms get funding

Spain's economy minister said on Tuesday the European Central Bank should do more to help firms on the euro zone periphery obtain funding, keeping up pressure from Madrid for the bank to extend its crisis-fighting mandate.

http://au.news.yahoo.com/thewest/business/a/-/world/16651696/spain-says-ecb-should-help-periphery-firms-get-funding/

MOVES-Morgan Stanley, BofA, Encore Capital

The following financial services industry appointments were announced on Tuesday.

http://www.reuters.com/article/2013/04/09/financial-moves-idUSL3N0CW40520130409?type=companyNews&feedType=RSS&feedName=companyNews

Bank of America's new slogan: 'Life's better when we're connected'

Bank of America Corp. is rolling out its long-awaited new branding and marketing campaign with a new slogan, a series of new ads and bankers talking about the new image, the Charlotte Business Journal reported.

http://www.bizjournals.com/baltimore/blog/morning-edition/2013/04/bank-of-america-rolls-out-new-slogan.html?ana=RSS&s=article_search&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_baltimore+%28Baltimore+Business+Journal%29

FrackNation finds supportive crowd in Montrose

Complete coverage of natural gas drilling in Northeast Pennsylvania including recently updated searchable database of natural gas drilling leases for Lackawanna, Luzerne and Wyoming Counties Irish journalist Phelim McAleer brought his film "FrackNation" to Montrose on Monday night to a standing-room only crowd of about 200 people.

http://thetimes-tribune.com/news/fracknation-finds-supportive-crowd-in-montrose-1.1470157

Gold Swings as Investors Weigh Stimulus Against Recovery Signs

Gold swung between gains and losses in London as investors weighed speculation the U.S. Federal Reserve will maintain monetary stimulus against signs an improving economy will curb demand for a protection of wealth.

http://washpost.bloomberg.com/Story?docId=1376-MKYR8U07SXKX01-5VG3V8VLGA66D2S9LODS478N24

Top Pre-Market Movers (Telecom Italia, Rio Tinto, Barclays,...

Telecom Italia S.p.A., Rio Tinto Plc., Barclays Plc, ArcelorMittal, Cliffs Natural Resources Inc, J.C. Penney Company Inc., Diageo Plc, Protective Life Corp.

http://au.ibtimes.com/articles/455093/20130409/pre-market-movers-telecom-italia-rio-tinto-barclays-arcelormittal-cliffs-j-c-penney-diageo-protectiv.htm

MOVES-Morgan Stanley, BofA, Encore Capital

ROB Insight is The Globe and Mail's exclusive feature led by a team of award-winning editors and writers who provide you with in-depth analysis on breaking business news and the issues that matter most.

http://www.theglobeandmail.com/try-it-now/try-it-now-rob-insight/?contentRedirect=true&articleId=10931746

China's inflation eases in March

China's inflation eased more than forecast from a 10-month high as food-price gains ebbed, reducing pressure on policy makers to tighten credit as the world's second-largest economy recovers from a slowdown.

http://www.koreaherald.com/view.php?ud=20130409000638

Senate confirms White to head SEC

... biggest U.S. banks who may have contributed to the crisis that set off the Great Recession. White told the Senate Banking Committee last month that she would aggressively pursue enforcement and hold accountable "all wrongdoers - individual and ...

http://www.koreaherald.com/view.php?ud=20130409000331

Are you average?: This is what first-time home buyers look like in Canada

A for sale sign outside townhouses in the Fairview neighbourhood of Vancouver, British Columbia, Monday, March 4, 2013.

http://www.theglobeandmail.com/globe-investor/personal-finance/are-you-average-this-is-what-first-time-home-buyers-look-like-in-canada/article10931739/?cmpid=rss1

B.C. mine's temporary foreign workers case in Federal Court

The fight by two labour unions against a company that hired more than 200 temporary workers from China for its coal mine in northeastern B.C. heads to Federal Court in Vancouver today.

http://www.cbc.ca/news/canada/british-columbia/story/2013/04/09/bc-mine-foreign-temporary-workers-chinese-hd-mining.html?cmp=rss

Monday, April 8, 2013

Cheese Balls: How They're Made

North Koera closes industrial zone

Taylor Swift Wows in Heavy Metal at Country Music Awards

... For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of analysts' ...

http://www.americanbankingnews.com/2013/04/08/taylor-swift-wows-in-heavy-metal-at-country-music-awards/

Huntington Bancshares Incorporated Stock Rating Reaffirmed by Raymond James

... Incorporated is a bank holding company. The Company provides full-service commercial, small business, consumer banking services, mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage ...

http://www.dailypolitical.com/finance/stock-market/huntington-bancshares-incorporated-stock-rating-reaffirmed-by-raymond-james-hban.htm

First Niagara Financial Group Stock Rating Upgraded by Evercore Partners

... $0.75 EPS for the current fiscal year. First Niagara Financial Group, Inc. provides a range of retail and commercial banking, as well as other financial services, through its wholly owned bank subsidiary, First Niagara Bank, NA.

http://www.americanbankingnews.com/2013/04/08/first-niagara-financial-group-stock-rating-upgraded-by-evercore-partners-fnfg/

Daily Digit: Airbus seen close to BA deal

News on the go: The Morning News Edition 04-8-13

Toll Road Troubles

Tech Bytes: 4-8-13

Police search for Gunman

TMN List: 4-8-13

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/08/tmn-list-4-8-13/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

Fatster's Roundup

The CIA agreed to do the deed -in exchange for access to airspace for drone use.

http://news.firedoglake.com/2013/04/07/the-roundup-for-april-7-2013/

Bonds Cheapest in 7 Months Propel Treasury Sales: Muni Credit

U.S municipal debt is the cheapest in seven months relative to Treasuries, luring buyers such as Deutsche Bank AG and signaling demand for local bonds as states and cities are poised for their biggest issuance week of 2013.

http://www.bloomberg.com/news/2013-04-08/bonds-cheapest-in-7-months-propel-treasury-sales-muni-credit.html

Top News Headlines: Trapped N.C. Children Believed Dead

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/08/top-news-headlines-trapped-n-c-children-believed-dead/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

ShowBiz Minute: Bryan, Jameson, Box Office

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/08/showbiz-minute-bryan-jameson-box-office/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

A Heartwarming Story About Pilots n Paws Saving Puppies

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/08/a-heartwarming-story-about-pilots-n-paws-saving-puppies/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

Chexar's Risk Management Solutions Extended to Mobile Deposit at Regions Bank

... Consumer Services. "Expanding the ability to deposit a check using their mobile smartphones allows Regions to extend banking hours for customers, as well as giving them quick and easy access to their funds." CHEXAR is the national leader for ...

http://www.americanbankingnews.com/2013/04/08/chexars-risk-management-solutions-extended-to-mobile-deposit-at-regions-bank/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

Greek banks NBG, Eurobank face state rescue

... of Eurobank via a share swap in February, with a view to absorbing it as part of broader consolidation in the banking industry to cope with fallout from Greece's debt crisis and deep recession. But the deal raised the concerns of the "troika" of the ...

http://www.reuters.com/article/2013/04/08/us-greece-banks-idUSBRE9340PD20130408?feedType=RSS&feedName=businessNews

Bankruptcy judge approves MF Global's liquidation plan

AgProfessional magazine is a monthly magazine that provides editorial and advertising for agronomic and business management solutions specifically to agricultural retailers/distributors, professional farm managers and crop consultants.

http://www.agprofessional.com/news/Bankruptcy-judge-approves-MF-Globals-liquidation-plan-201685121.html

Us Stocks-Wall Street set for bounce after last week's sell-off

U.S. stock index futures rose on Monday, bouncing back from the worst weekly decline this year even as investors face the prospect of a lackluster corporate earnings season.

http://www.reuters.com/article/2013/04/08/markets-usa-stocks-idUSL2N0CV0BE20130408?feedType=RSS&feedName=marketsNews

Canada Stocks-TSX may open higher as Boj begins bond buying

Canada's main stock index looked set to open slightly higher as the start of the Bank of Japan's bond-buying program as part of its aggressive monetary policy boosts investor sentiment.

http://www.reuters.com/article/2013/04/08/markets-canada-stocks-idUSL3N0CV1ZN20130408?feedType=RSS&feedName=marketsNews

After bailout, Cyprus edges toward exit from euro

Cyprus is no longer center stage. Nicosia has agreed a 10 billion euro bailout deal with its euro zone partners and the International Monetary Fund.

http://money.msn.com/business-news/article.aspx?feed=OBR&date=20130408&id=16325557

Stock futures signal higher open on Wall Street

U.S. stock futures pointed to a higher open on Monday after Friday's sell-off, mirroring gains in Japan and Europe, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 0.1 to 0.2 percent.

http://money.msn.com/business-news/article.aspx?feed=OBR&date=20130408&id=16325476

Futures up after last week's sell-off

Stock index futures rose on Monday, bouncing back from the worst weekly decline this year even as investors face the prospect of a lackluster corporate earnings season.

http://money.msn.com/business-news/article.aspx?feed=OBR&date=20130408&id=16298362

Canadians outraged by RBC foreign-worker outsourcing fiasco

... page, related to the bank's statement, with some people complaining that their posts were removed: "I've done all my banking with RBC for the past 25 years. Tomorrow I'll be beginning the process of closing all my accounts." Tammy Everts "Your ...

http://www.theglobeandmail.com/report-on-business/top-business-stories/canadians-outraged-by-rbc-foreign-worker-outsourcing-fiasco/article10840849/?cmpid=rss1&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheGlobeAndMail-Business+%28The+Globe+and+Mail+-+Business+News%29

Chexar's Risk Management Solutions Extended to Mobile Deposit at...

Cyprus bank probe to cover Popular, central bank says

Cyprus's central bank confirmed on Monday it will extend an inquiry into the banking crisis that has crippled the island to fully cover Cyprus Popular Bank, nationalized last year because of heavy losses from Greece.

http://wtax.com/Cyprus-bank-probe-to-cover-Popular-central-bank-sa/11472113?newsId=204256

Canadians outraged by Royal Bank of Canada foreign-worker outsourcing fiasco

... page, related to the bank's statement, with some people complaining that their posts were removed: "I've done all my banking with RBC for the past 25 years. Tomorrow I'll be beginning the process of closing all my accounts." Tammy Everts "Your ...

http://www.theglobeandmail.com/report-on-business/top-business-stories/canadians-outraged-by-royal-bank-of-canada-foreign-worker-outsourcing-fiasco/article10840849/?cmpid=rss1&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheGlobeAndMail-Business+%28The+Globe+and+Mail+-+Business+News%29

School board to pick new member Tuesday

The Medina city school board is expected to appoint a new member Tuesday to replace Charles Freeman, who resigned last month.

http://medinagazette.northcoastnow.com/2013/04/08/119799/

Brazil Gol seeks to raise $681 mln in consumer loyalty unit IPO

... with Multiplus SA in Brazil's frequent flyer and coalition programs market. Gol and Smiles hired the investment-banking unit of Credit Suisse Group to manage the transaction, with co-managers including Banco do Brasil SA, ItaAo Unibanco Holding SA, ...

http://www.reuters.com/article/2013/04/08/ipo-brazil-smiles-idUSL2N0CV08B20130408?feedType=RSS&feedName=financialsSector

Northeast Pennsylvania judge's son fatally struck by car in Pittsburgh

Investigators say 22-year-old Penn State student Cody Barrasse was struck early Saturday in the city's Oakland neighborhood. Barrasse is the son of Lackawanna County Court of Common Pleas Judge Michael Barrasse.

http://www.goerie.com/article/20130408/NEWS07/304089933/Northeast-Pennsylvania-judge%27s-son-fatally-struck-by-car-in-Pittsburgh

Japan's wall of money sends ripples across Asia

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/08/japans-wall-of-money-sends-ripples-across-asia/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

Two Children Feared Dead After Accident

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/08/two-children-feared-dead-after-accident/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

Rochester Landmark To Close

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/08/rochester-landmark-to-close/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

UPDATE 1-Cyprus bank probe to cover Popular, central bank says

Cyprus's central bank confirmed on Monday it will extend an inquiry into the banking crisis that has crippled the island to fully cover Cyprus Popular Bank , nationalised last year because of heavy losses from Greece.

http://www.reuters.com/article/2013/04/08/cyprus-banks-probe-idUSL5N0CV1G220130408?feedType=RSS&feedName=bondsNews

Us Stocks-Futures up after last week's sell-off

IMF chief says euro has a solid future

... the IMF. "But it was a very specific case in many respects," she added, citing factors such as the the size of the banking sector relative to the Cyprus economy. Lagarde also said she hoped European authorities would learn from experiences over the ...

http://www.panarmenian.net/eng/news/153275/

Portugal's austerity plan fails to deliver

Since Portugal asked for an international bailout exactly two years ago , Pedro Passos Coelho, the prime minister, has been one of Europe's staunchest upholders of the faith that austerity will deliver growth - and relatively quickly.

http://www.ft.com/cms/s/2/d6b24ea6-9f85-11e2-b4b6-00144feabdc0.html?ftcamp=published_links%2Frss%2Fworld_europe%2Ffeed%2F%2Fproduct

MEDNAX acquires neonatology practice in Arizona

MEDNAX acquires neonatology practice in Arizona MEDNAX announced the acquisition of Neonatology Associates, a neonatal physician group practice based in Phoenix, Arizona.

http://www.theflyonthewall.com/permalinks/entry.php/MDid1811148/MD-MEDNAX-acquires-neonatology-practice-in-Arizona

Merger between two Greek banking giants suspended

... Monetary Fund (IMF) and the European Central Bank (ECB) had reportedly expressed deep concern the planned new banking entity would dominate the Greek market in an unhealthy way. "The creditors do not like the creation of such a major player with a ...

http://www.dw.de/merger-between-two-greek-banking-giants-suspended/a-16727255?maca=en-rss-en-bus-2091-rdf

Brazil Gol seeks to raise $681 mln in consumer loyalty unit IPO

6 gut checks before the market's opening ball

But it may take more than preliminary evidence of a slowing U.S. economy , tetchy European jurists and Asian saber rattlers to untrack the rally.

http://blogs.marketwatch.com/need-to-know/2013/04/08/6-gut-checks-before-the-markets-opening-ball/

Asia: Nikkei rallies after BoJ easing measures

Stocks in Tokyo rallied on Monday as the yen weakened against the dollar in the wake of more aggressive than expected monetary easing measures from the Bank of Japan last week.

http://www.livecharts.co.uk/share_prices/Asia--Nikkei-rallies-after-BoJ-easing-measure-news20811654.html

Breakingviews: Portugal should share EZ pain

... and I -- -- -- toughest job in the world. And as you side -- keeping the the only eurozone together and keeping the banking finances of the European Union. Operational. Is a very very difficult -- But how does one involved should the ECB because it ...

http://www.reuters.com/video/2013/04/08/reuters-tv-reuters-breakingviews-portugal-should-sh?videoId=242103887&videoChannel=117766

Russia to Restructure Cyprus Loan - Putin

... not be used any more in the problem eurozone countries," Putin said. Cyprus has had to agree to overhaul its bloated banking sector and introduce "haircuts" for bondholders and savers with accounts of over 100,000 euros in the country's two biggest ...

http://en.rian.ru/business/20130408/180511350.html

Draghi Rebound Doubt Pushing Belka Back to Easing: Poland Credit

Central bank Governor Marek Belka signaled in March that policy makers will put a "full stop" on cuts to borrowing costs after reducing them to a record because the economy is poised for a "very gradual" recovery.

http://www.bloomberg.com/news/2013-04-08/draghi-rebound-doubt-pushing-belka-back-to-easing-poland-credit.html

A Look Ahead: This Week's ETFs to Watch

At the hands of a mixed batch of economic data last week that culminated in Friday's disappointing March jobs report, U.S. stocks suffered their worst weekly performance of 2013.

http://www.benzinga.com/news/earnings/13/04/3476836/a-look-ahead-this-weeks-etfs-to-watch

Greece Suspends Bank Merger

... aside to recapitalize the country's four big banks and wind up a number of smaller lenders. In the process, Greece's banking sector has been going through a rapid consolidation with the four top banks--NBG, Eurobank, Alpha Bank AE (ALBKY, ALPHA.AT) ...

http://www.foxbusiness.com/news/2013/04/08/greece-suspends-bank-merger/

2 Near-Term Catalysts To Consider Ahead Of Bank Of America's Earnings

Deloitte's 2013 outlook for the US banking sector highlighted the fact that, "The banking environment for 2013 likely contains equal parts resolution of past challenges and the introduction of new ones.

http://seekingalpha.com/article/1326421-2-near-term-catalysts-to-consider-ahead-of-bank-of-america-s-earnings?source=feed

Moneytreea s giving grew prior to beneficial proposal

... any Moneytree branches in his district, won re-election by 74 votes. He also is the ranking member on the Senate's banking committee, Financial Institutions Housing & Insurance. "If someone gives money to my campaign, it's because they want to ...

http://www.theolympian.com/2013/04/08/2495951/moneytrees-giving-grew-prior-to.html

Sunday, April 7, 2013

Viral Video Recap: Google Blue and hovercraft Golf Carts

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/07/viral-video-recap-google-blue-and-hovercraft-golf-carts/

World powers still open to talks with Iran - Kerry

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/07/world-powers-still-open-to-talks-with-iran-kerry/

Euro has a solid future: IMF chief

French ex-minister tried to invest 15m euros in Swiss fund

... complications, Jerome Cahuzac being a politically prominent figure," RTS said on its website, citing unidentified banking sources. The sum was many times bigger than that evoked up to now in connection with Cahuzac, who was charged in France on ...

http://www.channelnewsasia.com/news/world/french-ex-minister-tried-/630240.html

"We are ready to assist the RBC workers and represent them in any legal matters and hope they will contact us." This outrage is made more dramatic when you realize that while the longtime older workers are being laid off Royal Bank of in salary, stock and bonuses for fiscal 2012.

http://www.newswire.ca/en/story/1141781/latest-use-of-federal-temporary-workers-undermines-canadian-jobs-and-wages-steelworkers

Stocks: Fed minutes, retail sales in play

After markets pulled back last week, investors will be on the lookout for new reports on the broader U.S. economy to redirect stocks back to record-high territory.

http://www.wmur.com/news/money/Stocks-Fed-minutes-retail-sales-in-play/-/9857662/19652520/-/3ybjgk/-/index.html?absolute=true

... of the European Central Bank, cautioned on Thursday that "the recent experience shows that countries where the banking sector is several times bigger than the economy are countries that, on average, have more vulnerabilities." The increased scrutiny ...

http://www.miamiherald.com/2013/04/07/3328189/financial-hub-luxembourg-under.html

... how the other big banks are planning for their next generation of leaders. Over the past few years, the Canadian banking sector has thrived on its lack of surprises, having endured the financial crisis without suffering any major stumbles and ...

http://www.thespec.com/news/business/article/914670--canada-s-biggest-banks-face-new-challenges-as-some-prepare-for-new-leaders

The Ninety Billion Nightmare

THE final cost of the NBN rollout could more than double and exceed $90 billion by the time it is finished, according to a new analysis contained in the Coalition's broadband policy.

http://www.adelaidenow.com.au/news/national/the-ninety-billion-nightmare-the-real-cost-of-the-nbn-rollout/story-fndo1sdf-1226614471419?from=public_rss

Seoul Residents Threatened With - Sea of Fire' Carry On With Life

Choi Yong Wook woke on his 29th birthday to the news that North Korea had repositioned a missile days after threatening to turn Seoul into a "sea of fire." That didn't stop him from a romantic dinner with his wife in one of the South Korean capital's busiest areas.

http://www.bloomberg.com/news/2013-04-07/seoul-residents-threatened-with-sea-of-fire-carry-on-with-life.html

Korean Stocks in U.S. Slump Most Since June on Tension

South Korean shares traded in the U.S. slumped the most in more than nine months, while a gauge of price swings climbed to the highest level since November amid escalating tension with North Korea.

http://www.bloomberg.com/news/2013-04-07/korean-stocks-in-u-s-slump-most-since-june-on-tension.html

Money Smart Week is a public awareness campaign designed to help consumers better manage their personal finances.

http://www.kwwl.com/story/21901233/2013/04/07/money-smart-week-april-20-27-for-better-financial-management

Retail Sales Probably Stalled in March: U.S. Economy Preview

Retail sales probably stagnated in March as scant progress in the labor market made it difficult for Americans to boost spending, economists said before a report this week.

http://www.bloomberg.com/news/2013-04-07/retail-sales-probably-stalled-in-march-u-s-economy-preview.html

State Department, USAID Host Event Focused on Nutrition in Guatemala

On April 3, Acting Special Representative for Global Food Security Jonathan Shrier and Assistant to the Administrator for the Bureau for Food Security at the U.S. Agency for International Development Paul Weisenfeld hosted Guatemalan Minister of Health Jorge Villavicencio, other Government of Guatemala officials, private sector representatives and ... (more)

http://www.hispanicallyspeakingnews.com/latino-daily-news/details/state-department-usaid-host-event-focused-on-nutrition-in-guatemala/23618/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+HSN-Global-Feed+%28HSN+Global+RSS+Feed%29

Kerry Talks Iran, Syria and Turkey-Israel

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/07/kerry-talks-iran-syria-and-turkey-israel/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

Lance Armstrong Asks Texas Court to Drop Lawsuit

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/07/lance-armstrong-asks-texas-court-to-drop-lawsuit/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

The stock market's robust rally was slowing even before Friday's jobs report, but the red flag sent up by the weak payrolls data makes the path to more gains less secure.

http://www.reuters.com/article/2013/04/07/usa-stocks-weekahead-idUSL2N0CS25G20130407?feedType=RSS&feedName=marketsNews

Top Headlines: Google Fiber to Austin, Pastor's Son Dead

... Networks. For additional video content, click the "video" tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking & Market News provides daily coverage of ...

http://www.americanbankingnews.com/2013/04/07/top-headlines-google-fiber-to-austin-pastors-son-dead/

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