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Koor Q3 profit slips despite gain from Credit Suisse
JERUSALEM, Nov 9 (Reuters) - Israeli holding company Koor Industries on Sunday reported a drop in quarterly net profit despite a large capital gain stemming from its investment in Credit Suisse. Koor recorded a net profit of 428 million shekels, or 20.03more
Latvia eyes liquidity boost for bank after takeover
RIGA, Nov 9 (Reuters) - Latvia expects second-largest bank Parex, which the state said on Saturday it was taking over due to liquidity problems, would need an initial injection of about 200 million lats ($361.2 million), officials said on Sunday. Themore
HBOS Rejects Bid to Block Deal
By Jodie Ginsberg and Steve Slater LONDON (Reuters) - Britain's biggest home lender HBOSmore
Banking secrecy "has to be explained" to the US
Martin Naville tells swissinfo that it is also important for the Swiss to hammer home the message that Switzerland is not a tax haven. Naville said he did not think much would change under Obama because he had many problems to deal with and limited roommore
Brokers can thrive in a bank culture
I read the article, 'Can reps who stay thrive in banks' culture,' which appeared in the Oct. 6 issue. After three decades of experience in building sales teams within larger organizations, I firmly believe that brokers can indeed thrive in a bankmore
HBOS Debate Taken To Shareholders
The former chiefs of two banks are to appeal directly to HBOS shareholders in a bid to oust the group's top brass and scupper the Lloyds TSB takeover. It follows an announcement that board members 'unanimously' rejected Sir George Mathewson and Sir Petermore
Lloyds TSB appoints IT chief
Lloyds TSB has appointed Mark Fisher, executive director at Royal Bank of Scotland Group (RBS) and chief executive of ABN Amro, as its director of group IT and operations. Fisher has been responsible for overseeing the integration of the ABN Amromore
Lloyds TSB backs HBOS with 10 bln stg loan -paper
LONDON, Nov 9 (Reuters) - British bank Lloyds TSB Group Plc (LLOY.L: Quote, Profile, Research) is providing financial support to its takeover target HBOS Plc (HBOS.L: Quote, Profile, Research) through a 10 billion pound ($16 billion) loan facility,more
Taiwan Central Bank Cuts Interest Rate Unexpectedly
the Taiwan central bank unexpectedly reduced its key interest rate to stimulate domestic demand and boost economic growth. The Central Bank of the Republic of China trimmed discount rate by 25 basis points to 2.75% from 3%, with effect from November 10.more
Lloyds TSB backs HBOS with 10 bln stg loan
LONDON (Reuters) - Lloyds TSB Group is providing financial support to its takeover target HBOS through a 10 billion pound loan facility, the Sunday Times reported. The newspaper said the 'covert agreement' showed how closely the two were working togethermore
Swinney calls for Scottish banks to look at ways of funding small businesses
Scotland's banks should consider 'all possible ways' of helping businesses struggling through the economic downturn. Finance Secretary John Swinney's calling on the four major banks here - RBS, HBOS, Lloyds TSB and the Clydesdale Bank - to look at allmore
Lloyds TSB backs HBOS with 10 bln stg...
LONDON, Nov 9 (Reuters) - British bank Lloyds TSB Group Plc is providing financial support to its takeover target HBOS Plc through a 10 billion pound ($16 billion) loan facility, Britain's Sunday Times reported. The newspaper said the 'covertmore
England's Oliver Wilson shoots third-round 69 to take lead at HSBC Champions event in China
Extract not available.more
Housing Bank posts profit of US$ 178-Mn by end of Q3
Browse > Home / Business / AMMAN, Nov. 9 ? The Housing Bank for Trade and Finance(HBTF) generated a pretax profit of 178.1 million U.S. dollars by the end of this year's third quarter, local daily The Jordan Times reported on Sunday. HBTF Chairmanmore
G20 finance ministers, central bank governors meet in Sao Paulo
Browse > Home / Business / SAO PAULO, Nov. 9 ? Finance ministers and central bank governors from the Group of 20 (G20) major industrial and emerging-market countries begin their annual meeting here Saturday to seek ways to weather the globalmore
Sabarimala prasadam coupons through Dhanalakshmi Bank
Thiruvananthapuram (PTI): Lord Ayyappa pilgrims visiting the famous Sabarimala temple during the current Manadala-Makaravillaku Festival can get their temple prasadam coupons from various branches of Dhanalakshmi Banks across the country. Keralamore
Russia, Venezuela sign deals on joint bank, aluminum plant
Browse > Home / Business / CARACAS, Nov. 9 ? Russia and Venezuela have signed a memorandum on setting up a joint development bank with starting capital of US$ 4 million. With Venezuelan President Hugo Chavez and Russian Deputy Prime Minister Igormore
Lloyds TSB backs HBOS with 10 bln stg loan -paper
LONDON, Nov 9 (Reuters) - British bank Lloyds TSB Group Plc is providing financial support to its takeover target HBOS Plc through a 10 billion pound ($16 billion) loan facility, Britain's Sunday Times reported. The newspaper said the 'covert agreement'more
Lloyds TSB backs HBOS with 10 bln stg loan -paper
(Reuters) - British bank Lloyds TSB Group Plc (LLOY.L: Quote, Profile, Research) is providing financial support to its takeover target HBOS Plc (HBOS.L: Quote, Profile, Research) through a 10 billion pound ($16 billion) loan facility, Britain's Sundaymore
Lloyds TSB backs HBOS with loan
The newspaper said the 'covert agreement' showed how closely the two were working together ahead of Lloyds TSB's agreed acquisition of the home lender and said the scale of support was surprising. A spokesman for Lloyds TSB declined to comment. Themore
Russia, Venezuela sign deals on joint bank, aluminum plant
Caracas, Nov 9 (RIA Novosti) Russia and Venezuela have signed a memorandum on setting up a joint development bank with a starting capital of $4 million as part of an expanding economic and trade ties between the two countries. Agreements were also signedmore
Lloyds TSB backs HBOS with 10 bln stg loan -paper
LONDON, Nov 9 (Reuters) - British bank Lloyds TSB Group Plc is providing financial support to its takeover target HBOS Plc through a 10 billion pound ($16 billion) loan facility, Britain's Sunday Times reported. The newspaper said the 'covert agreement'more
Lloyds TSB backs HBOS with loan
LONDON (Reuters) - Lloyds TSB Group is providing financial support to its takeover target HBOS through a 10 billion pound loan facility, the Sunday Times reported. The newspaper said the 'covert agreement' showed how closely the two were working togethermore
UPDATE 1-Turkey's Ziraat Bank 9-mth net profit falls 10 pct [XFNA]
MARDIN, Turkey, Nov 9 (Reuters) - Turkey's largest lender Ziraat Bank posted a 10 percent fall in nine-month net profit to 1.63 billion lira ($1.1 billion), chief executive Can Akin Caglar said on Sunday. Profits at the bank, which traditionally focusesmore