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Citigroup to sell NikkoCiti Trust - Business24-7
Struggling Citigroup plans to sell NikkoCiti Trust and Banking Corp, its trust bank unit in Japan, as part of its global restructuring efforts in a deal that could raise up to ¥40 billion (Dh1.53bn), Japanese media reported yesterday. An auction ...
Aabar Investment Acquires Swiss AIG Private Bank for $254 Million - Khaleej Times
ABU DHABI - Aabar Investment (Aabar) has signed a binding agreement to acquire Switzerland based AIG Private Bank Ltd. (AIG Private Bank) from American International Group, Inc. (?AIG?), its parent company. Under the new ownership, AIG Private ...
Retailers offer deals, discounts on 'Cyber Monday' - WTOP Radio
NEW YORK (AP) - Retailers who saw Thanksgiving holiday sales drop off as the weekend progressed stepped up online promotions on the day known as "Cyber Monday" to try to get consumers tired of the crowds at stores to keep shopping. But after weeks of ...
Icelanders rally to protest economic meltdown - Associated Press
REYKJAVIK, Iceland (AP) -- Icelanders were gathering Monday on the 90th anniversary of national autonomy to call for the ousting of bankers and politicians they blame for the country's economic collapse. The global credit crunch brought down the tiny ...
US diluted loan rules before crash - WLBT
WASHINGTON (AP) - An Associated Press review of regulatory documents finds that the Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed. The review shows the government ...
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US diluted loan rules before crash - WLBT
WASHINGTON (AP) - An Associated Press review of regulatory documents finds that the Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed. The review shows the government ...
Orleans County banking service center to stay open - Buffalo News
The former Washington Mutual customer service center in Albion will stay open with full staffing, guaranteeing jobs to more than 800 employees in Orleans County. J.P. Morgan Chase & Co. said today that the facility will continue to operate as is ...
Big banking crises since the 1980s - Economic Times
The United States is grappling with a banking meltdown that has been described as the worst economic crisis since the Great Depression of the 1930s. The Bush administration has proposed a $700 billion bailout on top of billions already spent or ...
Global Crisis Hits West African Banking Group - Forbes
West African regional banking group Ecobank Transnational has yet to disclose the results of its 2.5 billion dollar share and rights offer, more than one month after it closed. Foreign subscriptions to the Aug. 25 issue appear to have fallen ...