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  • Another banking crisis looms (12 Mar 2010 11:05)

    ... bad debts coming home to roost on bank balance sheets. The other is the funding ... is the funding challenge faced by UK banks over the next three years. , but ... sought. One of the features of the banking crisis to date is that banks have ...

  • S.Korea may appoint new c.bank head in late March (12 Mar 2010 06:46)

    ... Korea expects to appoint the next central bank governor via cabinet approval in late March, ... double-click ) The Bank of Korea kept interest rates on hold at record-low 2 percent on ...

  • Australia stocks gain 0.4 percent; banks lead (12 Mar 2010 01:06)

    ... shares rose 0.4 percent on Friday, with banks gaining on financial stocks rally in Wall ... outperformed the market in early trade. ANZ Banking Group rose 0.7 percent to A$24.22, Commonwealth Bank of Australia added 0.6 percent to A$56.11 ...

  • Market may backtrack when central banks normalise rates (12 Mar 2010 01:19)

    ... Market may backtrack when central banks normalise rates PETALING JAYA: The local bourses ... has risen 2.9% from March 4 when Bank Negara announced a 25-basis point hike in ... to foreign interest in select plantation and banking stocks only, with the larger capitalised stocks ...

  • Obama to nominate Yellen as vice chairman of central bank: Source (12 Mar 2010 07:05)

    ... dream team," said Chris Rupkey of the Bank of Tokyo-Mitsubishi, referring to the Fed's interest ... as saying Sarah Bloom Raskin, the top banking regulator for the state of Maryland, was ... to bridge divides among the system's 12 banks around the country and the board in ...

  • Federal regulator faults Wall Street banks on derivatives (12 Mar 2010 00:31)

    ... ASHINGTON — Wall Street banks are seeking exemptions to proposed new financial ... Greece’s debt crisis and undermining the European currency recently. A nationwide strike in Greece today ... Chase & Co., Goldman Sachs Group Inc., Bank of America Corp., Citigroup Inc. and Wells ...

  • Philippines Pares Bank Lending Program, May Do More (Update1) (12 Mar 2010 07:14)

    ... March 12 (Bloomberg) -- The Philippine central bank pared back a lending program for banks and said it will consider doing more ... in the economy, even as it kept interest rates at a record low. “We will take ...

  • China c.bank sees struggle to strike policy balance (12 Mar 2010 05:12)

    ... front of the headquarters of the central bank of the People's... China will find it ... from last year's record 9.6 trillion yuan. Banks rushed to make use of the new ... typically do, prompting the PBOC and the banking regulator to order lenders to slow down. ...

  • Bank, gold stocks give Toronto last-minute gain (12 Mar 2010 11:02)

    ... per cent after the CEO of U.S. banking giant Citigroup, Vikram Pandit, said the bank was on a path toward "sustained profitability" ... worry that such tightening along with higher interest rates could restrain economic growth not just in ...

  • UPDATE 2-China c.bank sees struggle to strike policy balance (12 Mar 2010 03:02)

    ... the world's third-largest economy, a senior central bank official said in remarks published on Friday. ... from last year's record 9.6 trillion yuan. Banks rushed to make use of the new ... typically do, prompting the PBOC and the banking regulator to order lenders to slow down. ...

  • Stanbic Bank Gets Sh62 Billion to Fund Smes (12 Mar 2010 12:30)

    ... a tenor of seven years in foreign currency," said Odera. Odera noted that the available ... largest line of credit extended to the banking industry, not only in Uganda but in ... a sign of our confidence in Stanbic Bank," he said. He explained that PROPACO had ...

  • Don't politicize yuan, China central bank tells Obama (12 Mar 2010 06:28)

    ... toward a potentially serious clash about Beijing's currency regime. People's Bank of China Vice Governor Su Ning was ... growth. Most economists do no not expect interest rates to rise until the second quarter at ...

  • Don't politicise yuan, China central bank tells Obama (12 Mar 2010 06:28)

    ... Don't politicise yuan, China central bank tells Obama BEIJING (Reuters) - The United ... towards a potentially serious clash about Beijing's currency regime. People's Bank of China Vice Governor ... growth. Most economists do no not expect interest rates to rise until the second quarter at ...

  • WRAPUP 1-Don't politicise yuan, China central bank tells Obama (12 Mar 2010 06:43)

    ... chances of collision are high * China c.bank remains calm over inflation after spike BEIJING, ... towards a potentially serious clash about Beijing's currency regime. People's Bank of China Vice Governor ... [ID:nTOE62B00D] Most economists do no not expect interest rates to rise until the second quarter at ...

  • AP Source: San Francisco Fed bank president is Obama's top pick for Fed vice chair (12 Mar 2010 13:00)

    ... Yellen, the president of the Federal Reserve Bank of San Francisco, to take over as ... the country's lender of last resort when banks can't get their money elsewhere — a ... to choose people more inclined to keep interest rates low to spur growth and fight unemployment ...

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