Bank Credit Card Guide & Banking News

Seoul shares down 6.7 pct, as banks, Hynix tank - CNBC
By Park Jung-youn SEOUL, Nov 20 (Reuters) - Seoul shares ended 6.7 percent lower on Thursday, with some banks sliding by nearly the daily 15 percent limit on renewed credit crunch fears and Hynix Semiconductor down on deepening sectoral worries. The ...
Posted: Thu, 20 Nov 2008 07:24:00 GMT

Nikkei plunges nearly 7 per cent on US economy fears - Summary - Earthtimes
Tokyo - Japan's key Nikkei 225 Stock Average plummeted nearly 7 per cent, below the 8,000 level, Thursday as investors' concerns mounted over the US economy, particularly the Big Three automakers' financial fate. The Nikkei 225 Stock Average tumbled ...
Posted: Thu, 20 Nov 2008 07:17:00 GMT

NYPD Unveils 'Ring Of Steel' For Lower Manhattan - CBS 2
NEW YORK (AP) ― The setting could pass for a high-tech trading floor: Men in dark suits sitting at tiered banks of desks, studying a steady stream of video and data on floor-to-ceiling monitors. But the front doors to the 28th floor office near ...
Posted: Mon, 17 Nov 2008 23:55:00 GMT

Asia Follows Wall Street Lower; Nikkei Sinks Below 8000 - Wall Street Journal
SINGAPORE -- Asian share markets fell Thursday after a late-day slump on Wall Street, with the health of the banking and auto sectors still cause for much concern. "We haven't seen bargain-hunting because nobody knows whether anything is a bargain ...
Posted: Thu, 20 Nov 2008 07:24:00 GMT

Bush briefed, US consulting allies on Somali pirates - Deepika Global
WASHINGTON, Nov 19 (Reuters) US President George W Bush has been briefed about increasing attacks by Somali pirates off east Africa, and the United States is consulting with other UN Security Council members on ways to combat the threat, the White ...
Posted: Thu, 20 Nov 2008 06:19:00 GMT

Banks Video Gallery - CNBC
Asian Banks Seen Consolidat... Expect to see consolidation in the Asian banking sector, says Neil Katkov, senior VP of Asia research at Celent. He disc... Financing the Film Industry It's not just banks and automakers that are feeling the pain of the ...
Posted: Thu, 20 Nov 2008 07:17:00 GMT

British Banks Lose Challenge on Overdraft Fees - BusinessWeek
On Apr. 24, British banks lost a landmark test case at the country’s High Court over unauthorized overdraft charges. Now Britain’s Office of Fair Trading is able to go ahead with an inquiry to establish whether bank charges for execeeding ...
Posted: Thu, 20 Nov 2008 06:55:00 GMT

Tough Choices Underpin European Financial Bailout Proposals - BusinessWeek
Europe is awash with ideas about how to rescue the continent’s financial services sector. From the €11.2 billion ($15.5 billion) part-nationalization of Benelux bank Fortis to the Irish government’s €400 billion ($554 billion) guarantee of ...
Posted: Thu, 20 Nov 2008 06:55:00 GMT

Can more cuts offset risk aversion? - Daily News and Analysis
MUMBAI: Finance minister P Chidambaram on Tuesday said there is scope for the Reserve Bank of India to cut rates. If governor Duvvuri Subbarao obliges, it would not be for want of liquidity. M D Mallya, chairman and managing director of Bank of ...
Posted: Thu, 20 Nov 2008 07:09:00 GMT

Regions » Central and Eastern Europe » Central and Eastern Europe - Banker
As recessions loom in the Baltic states, Scandinavian banks have reason to be grateful for their reliable domestic earnings, reports Karina Robinson . The top order of banks in the central and eastern Europe (CEE) region changed little in 2007, but ...
Posted: Thu, 20 Nov 2008 07:17:00 GMT