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Toward 2012, stock investors may aim to smaller banks

Toward 2012, stock investors may aim to smaller banks

Year of 2011 is coming to an end with a little disappoitment to most of stock investors as they saw that banks weren’t where the money was in this past year. The KBW Bank Index, which includes 24 U.S. firms, … קרא עוד

Fitch assigns AAA for Bank Commonwealth

Fitch Ratings has today assigned PT Bank Commonwealth a national long-term rating of AAA (idn) with a stable outlook, individual rating at D, and support rating at 3. In a press release obtained by Bisnis.com today, the bank’s ratings reflectקרא עוד

Fitch rates Vermont Muni Bond Bank’s $74.5 million bondsAAA,’ outlook Stable

Fitch Ratings assigns anAAArating to the following 2010 Vermont Municipal Bond Bank bonds, issued under the 1988 General Resolution: – $22,970,000 series 1 bonds; – $9,680,000 series 2 bonds (federally taxable recovery zone economic development bonds); – $1,365,000 … קרא עוד

Fitch Affirms Bank of the CascadesFDIC Guaranteed Debt atAAA/F1+’

Fitch Ratings has affirmed Bank of the Cascadesratings for debt that was issued through the FDIC Temporary Liquidity Guarantee Program (TLGP) atAAA/F1+’. Specifically, בנק Cascades, a subsidiary of Cascade Bancorp (נאסד"ק: CACB), issued $26 million ofקרא עוד

הבנקים למחוק £ 100,000 לאחר ההלוואות אחריות תביעות – יולי 2010

Banks write off £100,000 after irresponsible lending claims - July 2010

המחסן 50 בן יש הבנה לקויה של לעניינים הכספיים לא היתה תקווה אי פעם להחזיר את ההלוואות, לדברי אחיו הבכור, קולין גריפית. בעקבות התערבותו של קולין, כל חמשת המלווים החליטו עכשיו לכתוב את ההלוואות. … קרא עוד

PPI and investment claims dominate FSCS workload

The Financial Services Compensation Scheme (FSCS) paid out £204 million to over 21,000 claimants during 2009/10, with over two-thirds of the payments made for Payment Protection Insurance (PPI) and investment claims. PPI claims increased significantly during the year, to exceedקרא עוד

כרטיסי אשראי להעביר תשלומים העושר עשיר, study finds

Credit card fees transfer wealth to rich, study finds

Credit card fees  and rewards programs exacerbate income inequality by acting as a transfer of wealth from poor to rich, according to a Federal Reserve Bank of Boston study released Monday. The researchers argue that reducing card rewards and merchantקרא עוד

NAB, BNY Mellon consider expanded partnership consider expanded partnership

NAB, BNY Mellon consider expanded partnership consider expanded partnership

National Australia Bank Asset Servicing is in discussions regarding a deeper relationship with BNY Mellon Asset Servicing. The parties will explore specific elements of an expanded partnership over the coming months, but NAB says the deeper partnership could take theקרא עוד

Barclays Reiterates “Overweight” Rating on Intuit (נאסד"ק: INTU)

Barclays analysts maintained an ‘Overweight’ rating on shares of Intuit Inc (נאסד"ק: INTU) with a $40.00 price target. The analysts wrote, “We are incrementally more positive on Intuit’s position to capture upside from positive cyclical trends, share gains and productקרא עוד

Goldman Sachs (NYSE: GS) Made Bad Call on Volatility, Earnings Suffer

Goldman Sachs (NYSE: GS) Made Bad Call on Volatility, Earnings Suffer

Goldman Sachs Group Inc. (NYSE: GS) lost money during the second quarter by betting that volatility would drop during the second quarter as equity price swings moved to a 12 month high. “Primarily in response to our client needs, ourקרא עוד