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2012/05/28 03:43
2012/05/28 03:43
5h
Banks may lower deposit rates as inflation eases:...
With inflation expected to ease going forward, banks may lower deposit rates, broking firm Angel has said a report. "With inflation levels expected to ease going ahead, financial savings are expected...
2012/05/28 03:43
2012/05/28 03:43
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2012/05/28 03:43
2012/05/28 03:43
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2012/05/28 02:34
2012/05/28 02:34
6h
Euro bears growl but downturn ends
THE optimism shown on global share markets over the first three months of 2012 has shifted back to pessimism on fears that an imploding Europe will trigger another global financial crisis. The...
1
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Warren Buffett Facebook
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2012/05/27 15:56
2012/05/27 15:56
17h
After Eurovision Comes The Euroscrmble: Europe's ...
Mere hours after the annual European Eurovision song contest ended at a cost to the host country in the hundreds of millions, money which should have been spent productively elsewhere but wasn't, we...
Mario Monti Brussels European Commission Goldman Sachs European Central Bank
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2012/05/26 08:33
2012/05/26 08:33
2d
Facebook IPO fallout deepens distrust of market
New York - Facebook's initial public offering, plagued by trading errors and a 16 percent drop in the share price, will push more individual investors out of a stock market they already distrust after...
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Facebook Facebook Inc. CHICAGO Andrew Stoltmann NEW YORK
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2012/05/26 01:41
2012/05/26 01:41
2d
Mortgage restructuring does little to ease crisis
Mortgage restructuring does little to ease crisis Saturday, May 26, 2012 Restructuring of mortgages has done little to solve the mortgage crisis as more than half of all borrowers still cannot...
6
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The Central Bank Enda Kenny Bob Jordan New Beginning Irish Banking Federation
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2012/05/26 01:39
2012/05/26 01:39
2d
Mispriced assets: Learning to live with a not-so-...
... ... ‘[T]he market’ is rapidly becoming something of an endangered species. Your mission, should you choose to accept it, is to try and identify any asset of significance that isn’t experiencing huge...
Tim Price London PFP Wealth Management Barclays Bank BlackRock Investments
MENTIONED
2012/05/25 22:55
2012/05/25 22:55
2d
It's time to lift the foot from the economy's win...
This column listed a few simple things yesterday that the Coalition could do to create jobs and help fix the economy (while improving its poll ratings) within the limits of its deficit reduction...
George Osborne Financial Services Authority Independent Commission on Banking Alastair Clark Bank of England
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2012/05/25 20:48
2012/05/25 20:48
2d
Mortgage debt may be higher than previously estim...
With policymakers worried about Canadian household debt levels, it appears that the debt service burden may be higher than previously estimated. In a new research note, Scotia Economics indicates...
2012/05/25 15:01
2012/05/25 15:01
2d
USDA Is a Tough Collector When Mortgages Go Bad
Charles Ward fell behind on his mortgage in September, just as his late wife began a losing battle with lung cancer and her medical costs soared. His lender seized his $2,958 federal tax refund and...
USDA Department of the Treasury Charles Ward Obama administration Jeanne Marie Andersen
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2012/05/25 12:29
2012/05/25 12:29
2d
Households could withstand 40% house price drop
Canadian households could withstand as much as a 40 per cent drop in house prices without defaulting on their loans, a report by the debt-rating agency DBRS says. The agency isn’t saying Canadian...
6
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DBRS Jim Flaherty Mark Carney Ottawa Bank of Canada
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2012/05/25 12:24
2012/05/25 12:24
2d
S&P Opines on Securitizing Distributed Generation
An opinion paper published by S&P earlier this year titled, "Will Securitization Help Fuel The U.S. Solar Power Industry?" (accessible here) focused on a number of risks associated with the...
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2012/05/25 12:17
2012/05/25 12:17
2d
Riverview Bancorp Revises Fiscal Fourth Quarter a...
VANCOUVER, Wash.--(BUSINESS WIRE)--Riverview Bancorp, Inc. (Nasdaq:RVSB) (“Riverview” or the “Company”), the parent company of Riverview Community Bank (the “Bank”) today announced that it has...
44
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HP Bank of Montreal Meg Whitman Toronto Thomson Reuters
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2012/05/25 11:08
2012/05/25 11:08
2d
U.S. bank earnings rose this winter
WASHINGTON – U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years and the number of troubled banks fell for the fourth straight quarter. The mostly...
63
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Federal Deposit Insurance Corp Federal Deposit Insurance Corp. Washington Martin Gruenberg Bert Ely
MENTIONED
2012/05/25 07:12
2012/05/25 07:12
3d
Local government must get better at weighing up r...
The economic downturn, central government funding cuts and increasing public need have necessitated some tough financial decision-making from local government as it strives to continue delivering...
HARRISBURG BIRMINGHAM regional growth fund Andrew Jepp Zurich Municipal
MENTIONED
2012/05/25 06:48
2012/05/25 06:48
3d
Corporate Currency Risks Explained
Businesses that trade internationally or domestically must deal with various risks when trading in currencies other than their home currency. Companies typically generate capital by borrowing debt or...
Koala Corp.
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2012/05/24 17:39
2012/05/24 17:39
3d
Could you survive a 40% plunge in house values?
These are stories Report on Business is following Thursday, May 24, 2012. Get the top business stories through the day on BlackBerry or iPhone by bookmarking our mobile-friendly webpage. Debt a...
1
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European Union iphone London Brussels DBRS Ltd.
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2012/05/24 15:56
2012/05/24 15:56
3d
Regulators hint that pressure on banks could ease
Regulators may have forced banks to bullet-proof their balance sheets too quickly and “inadvertently” stifled the amount of lending available to businesses and households, a senior financial...
1
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Alastair Clark Financial Policy Committee Bank of England John Gieve International Monetary Fund
MENTIONED
2012/05/24 13:29
2012/05/24 13:29
3d
Short Term Bonds Make High Yields
SHORT-TERM debt instruments are of late fetching high interest rate, as opposed to long-term, a trend normally experienced during recession. The Dhow Financial Managing Director, Prof Mohamed...
Mohamed Warsame CRDB Bank Charles Kimei CRDB Bank Managing Standard Chartered Bank
MENTIONED
2012/05/24 12:13
2012/05/24 12:13
3d
Fed data expose $100B JPMorgan position
Official data from the US Federal Reserve have laid bare the eye-watering size of trading positions built up by JP Morgan's chief investment office in synthetic credit indices, raising further...
1
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JP Morgan US Federal Reserve JPMorgan
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2012/05/23 23:53
2012/05/23 23:53
4d
Banks play with fire by reducing loan standards
Australian banks are cutting lending standards for home loans in order to secure business in a flat market, global investment bank Credit Suisse has claimed. As families avoid debt, leading analysts...
Credit Suisse Jarrod Martin
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