Bank Credit Card Guide & Banking News

Patrick Swayze: "I'm Going Through Hell" - Huffingtonpost.com
Patrick Swayze, who has been battling pancreatic cancer for a year, sat down with Barbara Walters for an exclusive interview that airs Wednesday night at 10 pm on ABC. Swayze has defied the tabloids that had him at death's door when his diagnosis ...
Posted: Tue, 06 Jan 2009 13:30:00 GMT

Banks may need to raise fresh capital in '09: Whitney - MSN MoneyCentral
(Reuters) - U.S. banks will have to raise fresh capital in 2009, and a sharp increase in credit-rating downgrades on mortgage-related securities will lead to further stresses on the companies' capital, according to prominent banking analyst Meredith ...
Posted: Wed, 07 Jan 2009 08:07:00 GMT

Buying interest boosts KL shares - Business Times Malaysia
MALAYSIAN shares were firmer at the end of the morning session, boosted by buying interest in banking and plantation stocks, dealers said. At 12.30 pm, the benchmark Kuala Lumpur Composite Index (KLCI) rose 11.09 points or 1.203 per cent to 933.32 ...
Posted: Wed, 07 Jan 2009 06:05:00 GMT

Previous bank crisis claimed four Richmond-based thrifts - Richmond Times-Dispatch
In July, the Federal Deposit Insurance Corp. seized the failed IndyMac Bank, one of the nation's largest banking institutions to fall to questionable lending practices. In September, JPMorgan Chase & Co. Inc. paid $1.9 billion for Washington Mutual ...
Posted: Fri, 02 Jan 2009 20:23:00 GMT

Register for FREE - Wall Street Journal
Deal Journal caught up today with Jay Horine, who was promoted this week to run J.P. Morgan Chase’s 40-person power and utility investment-banking group. Horine, 44, joined the bank in August from Goldman Sachs Group, where he spent 12 years. His ...
Posted: Tue, 06 Jan 2009 16:22:00 GMT

Updated 12/31: Lender asks court to stop home's razing - Arlington Heights Post
JPMorgan Chase Bank has asked a Cook County Circuit Court judge to stop Glenview from demolishing a house on the 700 block of Surrey Lane. The bank filed a request for injunctive relief Dec. 23 after Village Manager Todd Hileman, acting as Glenview's ...
Posted: Wed, 31 Dec 2008 19:57:00 GMT

Sizing Up Banking's New Giants - Motley Fool
They're done. Merrill Lynch and Wachovia are no longer independent, officially becoming children of Bank of America (NYSE: BAC ) and Wells Fargo (NYSE: WFC ) , respectively. For Bank of America, closing the deal comes with a new title: The biggest ...
Posted: Fri, 02 Jan 2009 18:57:00 GMT

Bank of America, Wells close mergers as banking transforms - Reuters
NEW YORK (Reuters) - Bank of America Corp completed its purchase of Merrill Lynch & Co and Wells Fargo & Co finished buying Wachovia Corp, the latest sea changes in a transformed banking industry facing dire economic times ahead. The Merrill takeover ...
Posted: Fri, 02 Jan 2009 09:32:00 GMT

Washington Mutual Confidentiality Request Denied - Insurance News Net
Copyright 2008 TheStreet.com, Inc.All Rights Reserved TheStreet . com December 30, 2008 Tuesday 13:23 PM EST SECTION: NEWS & ANALYSIS; Banks LENGTH: 563 words HEADLINE: Washington Mutual Confidentiality Request Denied BYLINE: The Associated Press ...
Posted: Wed, 31 Dec 2008 16:36:00 GMT

Banking industry transformed as deals close - Globe and Mail
NEW YORK — — Bank of America Corp. completed its purchase of Merrill Lynch & Co. and Wells Fargo & Co. finished buying Wachovia Corp., the latest sea changes in a transformed banking industry facing dire economic times ahead. The Merrill takeover ...
Posted: Thu, 01 Jan 2009 17:18:00 GMT