Bank Credit Card Guide & Banking News

Arab bourses face difficult year - AME Info
A new report by investment bank Beltone Financial says Arab stock prices are unlikely to rebound strongly this year or early next year, Gulf Daily News has reported. The bank, one of the largest in Egypt, also said lower oil prices and falling ...
Posted: Wed, 07 Jan 2009 06:13:00 GMT

Bumpy ride ahead for Arab bourses - Gulf Daily News
CAIRO: Arab stock prices are unlikely to rebound strongly this year or early next year, investment bank Beltone Financial said. The bank, one of the largest in Egypt, also said lower oil prices and falling revenues from tourism may hit economic ...
Posted: Wed, 07 Jan 2009 04:32:00 GMT

IndyMac Bank sold to investor group - El Paso Times
WASHINGTON (AP) - A seven-member investor group including billionaire George Soros and Dell Inc. founder Michael Dell have agreed to purchase failed lender IndyMac Bank, one of the largest casualties of the housing bust, for $13.9 billion. IndyMac ...
Posted: Sat, 03 Jan 2009 18:27:00 GMT

Police searching for armed bank robber - WSVN-TV
LAUDERHILL, Fla. (WSVN) -- Police are searching for a man who held up a bank with a gun. Lauderhill police responded to reports of a bank robbery at a Wachovia Bank, located 5899 West Oakland Park Blvd., just before noon Tuesday. Police said the ...
Posted: Wed, 31 Dec 2008 18:02:00 GMT

UPDATE: UBS Sold 3.4 Billion Bank Of China H Shares In Placement - CNN Money
(Adds amount UBS paid for stake in 2005 and background on other strategic investors.) HONG KONG -(Dow Jones)- UBS AG (UBS) said in a statement Wednesday it sold its entire 1.33% stake in Bank of China Ltd. (3988.HK) in a placement to institutional ...
Posted: Wed, 31 Dec 2008 11:36:00 GMT

Four bank robberies later, Chicago hits 273 for 2008 - NWI.com
Authorities say four banks in different Chicago neighborhoods were robbed Tuesday. There was no early indication the robberies were linked. Two Chase Bank branches on the North Side were targeted, as was a Metropolitan Bank on the South Side and a ...
Posted: Wed, 31 Dec 2008 12:04:00 GMT

I had asked the bank to step up security: 75-year-old bank robbery ... - New Kerala
New Delhi, Jan 6 : An aware citizen who does not step back to help a person in need, Maharaj Krishna Kapoor, the brave 75-year-old who foiled a bank heist in south Delhi Monday, said he had written to the bank to step up security just 10 days ago ...
Posted: Tue, 06 Jan 2009 06:28:00 GMT

Reward offered for wanted bank robber - KSTP
The Minneapolis FBI is offering a $5000 reward for information that leads to the arrest of a man who's robbed or attempted to rob several east metro banks. Investigators say, most recently, the man threatened tellers with a gun Tuesday at the Wells ...
Posted: Wed, 31 Dec 2008 14:35:00 GMT

Federal Bank launches online trading product - New Kerala
Kochi, Jan 6 : Kerala-based Federal Bank, one of the leading private sector banks in India, today launched its online trading product, 'FED-e-TRADE', in association with the Geojit Financial Services Limited. In a function here, Federal Bank ...
Posted: Tue, 06 Jan 2009 10:39:00 GMT

Banks Chasing after the Guilty - Kommersant
Home Credit & Finance Bank (HCF Bank) has launched an internal probe to find out whether the data on borrowers could have leaked from it. A database on more than 700,000 clients that decided to benefit from the buyer’s credits in the shops is ...
Posted: Tue, 06 Jan 2009 19:14:00 GMT