Posts Tagged ‘Bank’

Stocks up Friday, focus still on Europe

Latest Personal Loan Offers: Diane Alter – AHN News Reporter NYC, NY, United States (AHN) – U.S. stocks rose Friday morning following two days of steep losses. Just after 9:30 a.m., the Dow Jones Industrial Average was up 30 points, the Standard & Poor’s 500 Index rose 2 points and the NASDAQ was flat. Giving [...]

Foreclosure Contractors Face New Scrutiny From States

ProPublica Staff United States (ProPublica) – by Marian Wang While federal and state officials investigating flawed foreclosures have largely focused on holding the banks accountable and bringing relief to wronged homeowners, officials in a few states have begun targeting the more obscure middlemen of the foreclosure scandal. Prosecutors in California and Illinois have sent subpoenas [...]

Jamaica wants to get house in order – Shaw

Finance Minister Audley Shaw told the Board of Governors of the Barbados-based Caribbean Development Bank (CDB) that the Bruce Golding administration has over the past years introduced fiscal policies aimed at restoring economic growth to the country. View full post on All Stories

B?ank of America makes $7 million in loans to underserved areas of Nevada

Bank of America announced that it made $7 million in loans in Nevada during 2009 and 2010 to underserved, minority and low- and moderate-income neighborhoods. View full post on All Stories

Wells Fargo CEO says consumers ‘still cleaning up’

* Used-car loans are main consumer loan growth source * Bank “very focused” on expenses * Aims for dividend rate over time of 30 pct of EPS SAN FRANCISCO, May 23 (Reuters) Wells Fargo & Co (WFC.N “It will be some time before the consumer comes back into View full post on All Stories

Merrill Lynch Cuts Bajaj Auto Price Target

Bank of America Merrill Lynch on Thursday said it has cut the price target for motorcycle maker Bajaj Auto to Rs 1,340 from Rs 1,480 on expectations of margin pressures and a sales slowdown in the current fiscal year.It however, maintained its View full post on All Stories

U.S. Bank Settles on FHA Loans

A settlement with U.S. Bank was announced by the Department of Housing and Urban Development. The bank allegedly did not meet underwriting standards on more than two dozen Federal Housing Administration mortgages. The agreement calls for a payment of more than $1 million. View full post on All Stories

ECB threatens to stop lending to banks using Greek bonds as collateral

Vittorio Hernandez – AHN News Frankfurt, Germany (AHN) – The European Central Bank threatened on Thursday to stop lending to banks that would use Greek government bonds as collateral. The ECB would carry out the threat if Greece successfully changes the terms of its debts. The regional central bank is against the restructuring of the [...]

Yen Declines Versus Euro for Fifth Day on BOJ Policy Outlook

The yen dropped against the euro for a fifth day on prospects the Bank of Japan today will reiterate its pledge to maintain monetary stimulus to support an economy in recession after a record earthquake. View full post on All Stories

Palestinians Bemoan Failure to Exploit Social Media

The Media Line Staff Ramallah, Palestinian Territory (TML) – The person behind the “People Want to End the Division” Facebook page must have been celebrating two months ago ahead of planned rallies across the West Bank and Gaza Strip calling for Palestinian national unity. Almost 41,000 people promised to turnout and close to another 6,700 [...]

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