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Banking Industry News

Q2 results hint at strong Abu Dhabi banking sector
in the emirate despite tough global financial conditions that has hit the region, especially Dubai. While First Gulf Bank, Abu Dhabi's second-largest bank by market value, reported on Thursday a two-percent rise in its second-quarter profit to $214.3 Read More
CBN to probe own-officials role in banking crisis
00 From Enitar Ugwu, Mathias Okwe and Bukky Olajide in Benin News - National User Rating: 0 PoorBest TO avert a repeat of the banking crisis witnessed in the country between 2003 and 2009, the Central Bank of Nigeria CBN yesterday Read More
No Web's Alright
this also work for insurers? John Adams The convenience of not requiring consumers to sign up for Web banking in order to access information electronically literally hits home for Allison Landers. "I find myself not wanting to have to power up my laptop Read More
Virgin delays plans to launch high street banking
Money, the financial services arm of Sir Richard Bransons Virgin Group, has postponed its launch into mainstream banking until the spring. The delay is likely to be seen as a blow to government and regulatory hopes to boost competition in retail Read More
Santander poised for next phase of UK expansion
Spanish bank could take over 318 Royal Bank of Scotland branches as early as next week UK arm of bank reports 10% rise in profit as it bids to take on Read More
Federal Home Loan Bank of Atlanta Declares Second Quarter 2010 Dividend
See more news releases in: Banking & Financial Services, Dividends ATLANTA, July 29 PRNewswire -- The Board of Directors of Federal Home Loan Bank of Atlanta the Bank has approved an annualized dividend Read More
Strong Earnings Announced by County Commerce Bank for 2nd Quarter 2010
VENTURA, Calif.--EON: Enhanced Online News--County Commerce Bank, the only community bank headquartered in Ventura and Santa Barbara County, today reported continued growth during the second quarter of 2010. Capital increased to $572,000, from Read More
Federal Home Loan Bank of Atlanta Announces Second Quarter 2010 Operating Highlights
See more news releases in: Banking & Financial Services, Earnings ATLANTA, July 29 PRNewswire -- Federal Home Loan Bank of Atlanta the Bank today released unaudited financial highlights for the quarter ended June Read More
Metro Bank opens its doors
The UKs first new high street bank for more than 100 years has opened its doors to the public. Metro Bank promises to have extended opening hours and to be open seven days a week. The new Read More
BBVA Compass Extends Fiserv Relationship With Multi-Year Contract for CheckFree RXP Online Bill Payment Solution
BROOKFIELD, Wis.Fiserv, Inc. NASDAQ:FISV - News, the leading global provider of financial services technology solutions, today announced that BBVA Compass has renewed its contract for CheckFree RXP. The agreement enables BBVA Compass, a Read More
Plans to Hide Commercial Real Estate Losses Won?t Avert a Double-Dip Downturn
Chairman Ben S. Bernanke. The lawmakers want the public to know that they are concerned that the "commercial-real-estate industry has the potential to infect our economy and slow a recovery," according to Rep. Paul E. Kanjorski, D-Pa. Kanjorski, the Read More
BMI names new head of wholesale banking
BMI Bank BMI, a leading Bahrain-based retail and commercial banking institution, has promoted Fathi Ebrahim to the position of head of wholesale banking. Fathi, who was earlier responsible to manage the bank Read More
Metro Bank Opens Its Door In Bid To Change Face Of UK...
Opens Its Door In Bid To Change Face Of UK Banking 2907201016:40:39 Metro Bank Opens Its Door In Bid To Change Face Of UK Banking Date : 07292010 4:28PM Source : Dow Jones Stock : Royal Bank Of Scotland RBS Read More
Metro Bank 'revolution' fails to impress the experts
Personal finance experts today raised doubts about the ability of new High Street bank Metro to carry out its promise of revolutionising the banking industry as its first products failed to impress. The first new bank to launch on Britain's High Streets Read More
23%: Percentage of bank loans made to local governments which may go bad
article on China Economic Review's LinkedIn group you must be a LinkedIn member to participate Related Articles: NEWS BRIEF: Banking &amp Finance 2010-07-29 NEWS BRIEF: Banking &amp Finance 2010-07-28 NEWS BRIEF: Banking &amp Finance Read More
Metro Bank launches with direct mortgage deals
Metro Bank opens its doors today, offering a range of direct financial products, including mortgages. Metro Bank is the first high street bank to launch for over 100 years and will offer Read More
Metro Bank opens with mix of best-buys and no-hopers
News Editor Facebook The first brand new bank to launch in over a century opens today. Metro Bank enters the fray this morning with its one branch in Holborn, central London Read More
Banks Set To Make Lower Profits
Here's why big banks will make lower returns during the next upturn... Earlier this week, news broke that Lloyds Banking Group LSE: LLOY is to stop selling PPI. Banks and building societies sell PPI alongside credit agreements, largely mortgages, Read More
ICBC will raise up to $6.6b through rights offering
Industrial and Commercial Bank of China ICBC 601398. SH, 1398. HK plans to raise up to US$6.6 billion through a rights offering aimed at replenishing its capital base, Bloomberg reported, citing a statement Read More
The Banking Revolution Begins with the Launch of Metro Bank on 29 July 2010
The British banking revolution begins today with the opening of the UK's first High Street bank for over 100 years. Metro Bank opens its doors to retail and business customers on Thursday Read More
No bank wrap accounts
billion in assets in them this year, up from 7.4 trillion won a year ago, according to industry sources. The accounts combine brokerage services, advice on asset management and discretionary management for a fixed fee. The FSC said banks have no need to Read More
Metro Opens First U.K. Consumer Bank Since 1872, May Hold IPO
By Sakshi Sharma July 29 Bloomberg -- Metro Bank is opening the first new U.K. consumer bank in more than a century today, as the government pushes for more competition in the industry. Metro, which will also offer Read More
Metro Bank might be on to something
Will the first new high street bank for more than a century give the old ones a run for their money? Is the opening of Metro Bank this morning the start of a revolution in British banking Read More
Neil B. Kornswiet Elected to Board of Directors of Pacific Mercantile Bank and Appointed as...
GLOBE NEWSWIRE -- Pacific Mercantile Bancorp PMBC - news - people Nasdaq:PMBC. Raymond E. Dellerba, President and CEO of Pacific Mercantile Bank PQBH.PK - news - people , the sole subsidiary of Pacific Mercantile Bancorp, announced today that Read More
Neil B. Kornswiet Elected to Board of Directors of Pacific Mercantile Bank and Appointed as President of the Bank's Mortgage Division
GlobeNewswire via COMTEX News Network -- Pacific Mercantile Bancorp Nasdaq:PMBC. Raymond E. Dellerba, President and CEO of Pacific Mercantile Bank, the sole subsidiary of Pacific Mercantile Bancorp, announced today that Neil B. Kornswiet Read More
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