Bank Credit Card Guide & Banking News

Flaherty touts tax cuts as economic stimulus - CBC News
Finance Minister Jim Flaherty is suggesting tax cuts and measures to revive the commercial paper market may be included in the federal budget when it's tabled in three weeks. "We need to take some steps in the short term to provide stimulus in the ...
Posted: Tue, 06 Jan 2009 19:21:00 GMT

Adolf Merckle, German tycoon who lost millions on VW shares, commits ... - Times Online
Adolf Merckle, one of Germany's wealthiest businessmen, has thrown himself in front of a train, his suicide prompted by hundreds of millions of euros of losses in risky VW share trading and the rapid crumbling of his pharmaceuticals empire. The 74 ...
Posted: Tue, 06 Jan 2009 20:40:00 GMT

Sainsbury's Finance extends 8.2% personal loans sale rate to all ... - Banking Business Review
The company said that this is a limited offer and is one of the lowest rates in the market for balances of GBP7,000 and above. Steven Baillie, head of loans at Sainsbury's Finance, said: "We are committed to providing our customers with great ...
Posted: Tue, 30 Dec 2008 23:54:00 GMT

INSIDER TRADING ALLEGED AT HYPO REAL ESTATE - Der Spiegel
INSIDER TRADING ALLEGED AT HYPO REAL ESTATE A Black Hole in the Banking Bailout By Beat Balzli, Dinah Deckstein and Jörg Schmitt Prosecutors in Germany are investigating accusations of insider trading at Hypo Real Estate, the Munich-based mortgage ...
Posted: Tue, 06 Jan 2009 19:07:00 GMT

Flaherty says banks have set up working group to look at availability ... - CJAD
MONTREAL - Federal Finance Minister Jim Flaherty says the government and the country's banks have agreed to form a group to work on ensuring adequate availability of credit and financing in Canada. Flaherty, who met with the Canadian Banking ...
Posted: Tue, 06 Jan 2009 15:18:00 GMT

No bailout for you? Online finance tools help you ride the economic ... - ZDNet Blogs
If there were any financial lessons learned in 2008, one of the big ones was understanding that your financial standing tomorrow might be very different than your financial standing today. And seeing how a government bailout to pay off your Visa bill ...
Posted: Mon, 29 Dec 2008 23:56:00 GMT

S.Korea banking issues rally led by Woori Fin - Forbes
SEOUL, Jan 5 (Reuters) - South Korean banks rallied on Monday, led by Woori Finance Holdings on hopes of a central bank rate cut later in the week and expectations of restructuring in troubled sectors lenders are heavily exposed to. 'Hopes are ripe ...
Posted: Sat, 03 Jan 2009 23:57:00 GMT

Governor appoints 10 to Iowa Student Loan board - Des Moines Register
Gov. Chet Culver has appointed six new members to the Iowa Student Loan Liquidity Corp's board of directors and reappointed four members, his office announced today. Among the new members are Des Moines City Council member Christine Hensley, former ...
Posted: Tue, 06 Jan 2009 20:33:00 GMT

Bankrate Names New InsureMe CEO - MSN MoneyCentral
NEW YORK , Jan. 5 /PRNewswire-FirstCall/ -- Bankrate, Inc. RATE announced today that the company has promoted industry veteran Lou Geremia to chief executive officer of InsureMe, replacing the Founder, Tim McTavish . (Logo: http://www.newscom.com/cgi ...
Posted: Mon, 05 Jan 2009 21:31:00 GMT

Saying Good-Bye to Banking - Wall Street Journal
Mr. Cutter was a senior vice president at Lehman Brothers Holdings Inc., working in the leveraged finance group. After nine years with the firm, He was laid off in the spring of 2008. He holds an M.B.A. from UCLA and lives in New York with his wife ...
Posted: Wed, 31 Dec 2008 16:15:00 GMT