Posts Tagged ‘bank’

U.S. stocks open quietly Thursday as focus remains on Greece

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Stocks were little changed on the open Thursday as investors keep a close eye on developments in Greece. Just after the opening bell on Wall Street, the Dow Jones Industrial Average was up 25 points, while the Standard & Poor’s 500 Index […]

Europe Stocks Drop as ECB Loans Fail to Ease Debt-Crisis Concern

European stocks fell for the first time in three days as lenders sought more funds from the European Central Bank than economists had predicted, reducing optimism that the debt crisis will be contained. View full post on Finance Stories

Premier Community Bank is year’s 91st failure

SAN FRANCISCO (MarketWatch) — Premier Community Bank of the Emerald Coast in Crestview, Fla., was closed by regulators Friday in the 91st bank failure of 2011, the Federal Deposit Insurance Corp. said. Summit Bank of Panama City, Fla., has agreed to purchase its assets will assume all deposits. Premier Community Bank had $126 million in […]

Bank of England signals more quantitative easing

The economy will stagnate until until the middle of next year, the Bank of England warned in a gloomy inflation report View full post on UK Business Stories

Deutsche Bank’s Conflicted Outlook

Its top analysts are divided on whether America is in a Japan-style slump. “It’s not often someone feels somewhat ill writing research,” says one View full post on Finance Stories

Americans to take a stand against big banks on November 5, Bank Transfer Day 2011

Bank Transfer Day is officially Nov. 5, but credit unions already have seen a surge in deposits. View full post on Banking Stories

Bank fee hike gives credit unions a boost

Credit unions are benefiting from a hike on debit card fees imposed by Bank of America (BofA)on Sept. 29. They are taking advantage of the growing anti-bank sentiment across the country as evidenced by the Occupy Wall Street movements. View full post on Banking Stories

Bank of America reports $6.2b in profits

Bank of America reported third quarter profits of $6.2 billion profit on revenues that rose by 6 percent compared to the same period a year earlier. View full post on Banking Stories

Business outlook turns gloomy

Canadian firms have grown pessimistic about their sales prospects for the upcoming year, a Bank of Canada survey says. View full post on Canada Business Stories

Fitch downgrades Royal Bank of Scotland and Lloyds Banking Group

Credit rating company Fitch has downgraded two banks in the United Kingdom. View full post on Banking Stories