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Banks News

September 1st, 2010 - 09:22 AM   
Major banks are agreeing to give local governments and nonprofit groups the ability to buy foreclosed homes before they are sold to private investors.


AUSTRALIA'S biggest banks, which rely on overseas debt markets to help finance lending at home, face lower revenue and slower profit growth unless they find new sources of funds, the latest research by industry analysts have indicated.


September 1st, 2010 - 09:28 AM   
If banks don't find buyers soon, they're likely to lead another leg in the broad pullback that began in April.


September 1st, 2010 - 10:10 PM   
Major banks are agreeing to give local governments and nonprofit groups the ability to buy foreclosed homes before they are...


September 1st, 2010 - 09:52 PM   
ASHBURN --Brandon Banks sensed his NFL dream slipping away as the handcuffs locked around his wrists one day last December. Getting arrested is a surefire way for a fringe NFL prospect to ensure he won't be drafted. That thought immediately came to Banks' mind when he was booked on domestic battery charges following an altercation with his girlfriend....


September 1st, 2010 - 10:58 PM   
UAE banks can deal with fresh exposure to debt defaults given their high liquidity and reserves they have built over the past year, Central Bank Governor Sultan bin Nasser Al Suwaidi was quoted on Wednesday as saying.


Gulf banks have spent more than 20 billion dollars on provisions for bad debt and lost investments but are showing signs of returning to high profitability, Standard and Poor's said Wednesday.


September 1st, 2010 - 07:30 AM   
Banks say governments, nonprofits will get first chance to buy foreclosures in new program


September 1st, 2010 - 06:59 AM   
U.S. banks posted a record profit of 21.6 billion dollars in the second quarter of 2010, but the number of "problem banks" continued to rise, a government regulator said in its quarterly report released Tuesday.


Banks dairy farmer Dale Joseph Evers was convicted of three counts of furnishing alcohol to a minor and will be retried on seven counts of sex abuse still pending from his trial that ended last week.



 
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