• ECB’s Trichet says eurozone needs budgetary federation to watch over government finances

    Updated: 2010-05-31 16:45:51
    Trichet sees need for ‘budgetary federation’ PARIS — European Central Bank President Jean-Claude Trichet says Europe needs “the equivalent of a budgetary federation” as a watchdog over eurozone governments’ public finances as a response to the continent’s government debt crisis. In an interview published Monday in the French daily Le Monde, Trichet said that existing European treaties .... Read the original article   ECB’s Trichet says eurozone needs budgetary federation to watch over government finances.

  • Country-by-country look at Europe’s government debt crisis

    Updated: 2010-05-31 16:25:53
    Country-by-country look at Europe’s debt crisis LONDON — Europe’s governments are struggling to deal with a mountain of debt made worse by the past three years of global financial and economic turmoil. Here are thumbnail sketches of how some of the countries involved are faring — and what they’re doing to escape the crisis. ITALY: 2009 debt: 115.8 percent .... Source   Country-by-country look at Europe’s government debt crisis.

  • Europe: broken nations borrowing from broke nations?

    Updated: 2010-05-31 05:57:00

  • Things worth reading: 31st May 2010

    Updated: 2010-05-31 05:48:00

  • Fed chief says biggest challenge facing central banks is deciding when to tighten credit

    Updated: 2010-05-31 01:30:21
    Fed chief sees delicate dance ahead WASHINGTON — The delicate task ahead for the Federal Reserve and other central banks is deciding when to start boosting interest rates and reeling in all the stimulus pumped out during the global financial crisis, Fed Chairman Ben Bernanke says. Bernanke, however, didn’t provide any new clues on that front. As is .... Original source   Fed chief says biggest challenge facing central banks is deciding when to tighten credit.

  • The Finanser's Week: 24th May - 30th May 2010

    Updated: 2010-05-29 23:23:33

  • Businesses, homeowners appeal Michigan tax bills as they seek relief in difficult economy

    Updated: 2010-05-29 22:14:50
    Businesses, homeowners appeal Michigan tax bills DETROIT — A record number of Michigan property owners are appealing their property tax assessments as small-claim homeowners and high-stakes businesses seek relief in a difficult economy. The wave of appeals to the Michigan Tax Tribunal could decimate the budgets of local governments. The deadline for larger appeals above $20,000 is ... Original article on : Businesses, homeowners appeal Michigan tax bills as they seek relief in difficult economy.

  • Five Banks Closed on May 28

    Updated: 2010-05-29 14:45:11
    Federal and state banking regulators closed five banks on Friday, May 28, raising the number of failed institutions to 86 so far in 2010.

  • Summary Box: Surging home sales likely to fizzle despite low rates

    Updated: 2010-05-29 07:28:37
    Summary Box: Home sales rise but may soon fizzle HOME SALES RISE: A now-expired homebuyer tax credit and low mortgage rates helped boost sales of previously occupied homes by 7.6 percent in April. MORTGAGE RATES FALL: Worries over the European debt crisis have sent investors into the safety of U.S. Treasury bonds. As a result, the average ... Original article on : Summary Box: Surging home sales likely to fizzle despite low rates.

  • City National Bank, Los Angeles, CA, Assumes All of the Deposits of Sun West Bank, Las Vegas, NV

    Updated: 2010-05-29 06:44:42
    Sun West Bank, Las Vegas, Nevada, was closed today by the Nevada Financial Institutions Division, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.

  • Tri Counties Bank, Chico, CA, Assumes All of the Deposits of Granite Community Bank, N.A., Granite Bay, CA

    Updated: 2010-05-29 06:44:41
    Granite Community Bank, N.A., Granite Bay, California, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.

  • Everbank, Jacksonville, FL, Acquires All the Deposits of Three Affiliated Florida Institutions: Bank of Florida - Southeast; Bank of Florida - Southwest; and Bank of Florida - Tampa Bay

    Updated: 2010-05-29 06:44:41
    EverBank, Jacksonville, Florida, acquired the banking operations, including all the deposits, of three Florida-based institutions. Bank of Florida - Southeast, Fort Lauderdale, Florida; Bank of Florida - Southwest, Naples, Florida; and Bank of Florida - Tampa Bay, Tampa, Florida, were all closed today by the Florida Office of Financial Regulation, which appointed the FDIC as receiver. The three failed banks were owned by the same holding company, Bank of Florida Corporation, which was not part of this transaction.

  • Summary Box: Treasury says AIG in better form to repay bailout, but market conditions a factor

    Updated: 2010-05-29 06:37:15
    Summary Box: Treasury says AIG payback on track THE ISSUE: Insurance giant American International Group Inc. is trying to repay its $182 billion federal bailout. THE PROSPECTS: Treasury’s top official in charge of recouping taxpayers’ money testified Wednesday the company is better positioned to repay thanks to recent deals to sell two large insurance subsidiaries. THE PROBLEMS: AIG’s .... Source   Gaea News Network.

  • Interest rates rise sharply after China says it doesn’t plan to sell European debt it holds

    Updated: 2010-05-29 05:21:57
    Interest rates jump as investors move out of bonds NEW YORK — Interest rates rose sharply in the bond market for a second day Thursday after investors gained more confidence about the debt situation in Europe. China reassured investors by denying a report that it was considering reducing its holdings of European government bonds. A pullback by ... Read this article on Gaea Times at : Interest rates rise sharply after China says it doesn’t plan to sell European debt it holds.

  • FirstEnergy, Allegheny Energy file Md. merger papers; propose regional HQ in Md. territory

    Updated: 2010-05-29 05:19:50
    FirstEnergy, Allegheny file Md. merger papers HAGERSTOWN, Md. — FirstEnergy Corp. told state regulators Thursday it will establish a regional headquarters in central or western Maryland if its proposed merger with Allegheny Energy Inc. goes through. Akron, Ohio-based FirstEnergy also promised no net reduction due to layoffs of those who maintain Allegheny’s lines and delivery equipment for ... Read more »raquo;.

  • Regulators shut down 3 banks in Florida, 1 each in Nevada, California, for 78 failures in 2010

    Updated: 2010-05-29 04:50:47
    3 Fla. banks, 1 each in Nev., Calif. shut down WASHINGTON — Regulators have shut down three banks in Florida and one each in Nevada and California, bringing the number of U.S. bank failures this year to 78. The Federal Deposit Insurance Corp. on Friday took over the Florida banks, all owned by holding company Bank of .... Source   Regulators shut down 3 banks in Florida, 1 each in Nevada, California, for 78 failures in 2010.

  • Regulators shut down 3 banks in Florida, a small bank in Calif.; makes 77 failures this year

    Updated: 2010-05-29 01:52:48
    Regulators shut 3 Fla. banks, 1 in Calif. WASHINGTON — Regulators have shut down three affiliated banks in Florida and a small California bank, bringing the number of U.S. bank failures this year to 77. The Federal Deposit Insurance Corp. on Friday took over the banks owned by holding company Bank of Florida Corp. They are: Bank .... Original article   Regulators shut down 3 banks in Florida, a small bank in Calif.; makes 77 failures this year.

  • Financial Reform: Why Shielding Energy Firms From Derivatives Rules May be Nuts

    Updated: 2010-05-29 01:21:38
    Energy companies want exemptions from new derivatives regulations. Here's why that's risky.

  • Regulators shut down 3 affiliated banks in Florida; makes 76 US bank failures this year

    Updated: 2010-05-28 23:32:44
    Regulators shut 3 Florida banks WASHINGTON — Regulators on Friday shut down three affiliated banks in Florida, bringing the number of U.S. bank failures this year to 76. The Federal Deposit Insurance Corp. took over the banks, all owned by holding company Bank of Florida Corp. They are: Bank of Florida-Southeast, based in Fort Lauderdale, with $595.3 ... Read more : Regulators shut down 3 affiliated banks in Florida; makes 76 US bank failures this year.

  • Discover Financial Services spent $220,000 lobbying on financial reform in 1st quarter

    Updated: 2010-05-28 23:21:30
    Discover Financial spent $220,000 lobbying in 1Q NEW YORK — Discover Financial Services spent $220,000 in the first quarter to lobby federal officials on credit card lending and financial regulatory reform, according to a disclosure report. That’s the same amount Discover, based in Riverwoods, Ill., spent a year earlier but 58 percent less than the $520,000 it .... Source article   Discover Financial Services spent $220,000 lobbying on financial reform in 1st quarter.

  • 4 Team-Building Essentials

    Updated: 2010-05-28 22:44:03
    Tips from Senior Leaders on What It Takes to Build and Manage an Information Security TeamBuilding an effective security team boils down to two critical factors: the security leader who understands the mission and has the ability to find and manage the right people with the right skills to execute.

  • 6 Signs of Business Loan Fraud

    Updated: 2010-05-28 22:44:02
    Expert: 'An Institution Can Never do Enough Due Diligence'Business loan fraud is still hitting financial institutions despite tightened reins on lending, says one fraud expert.

  • Editor's Choice: May's Top Banking News, Views

    Updated: 2010-05-28 22:44:01
    A review of the month's tops news items by Tracy Kitten, managing editor for Information Security Media Group.

  • BankInfoSecurity.com Week in Review: May 29, 2010

    Updated: 2010-05-28 22:44:00
    A review of the week's tops news items by Tracy Kitten, managing editor for BankInfoSecurity.com.

  • Bank histories reflecting our histories

    Updated: 2010-05-28 08:58:19

  • Things worth reading: 28th May 2010

    Updated: 2010-05-28 06:40:24

  • Surely You Jest: Banks Move to Block Credit Unions From Lending

    Updated: 2010-05-28 01:28:50
    Despite sour economic conditions, credit unions continue lending to small businesses. So why do commercial banks want to stop them?

  • EMV and the U.S.: Member Convenience Drives Change

    Updated: 2010-05-27 18:15:04
    Interview with Merrill Halpern of United Nations Federal Credit Union: Why EMV Makes Sense.

  • Financial Reform: Let's Hope This Modest Bill Is Just the Beginning

    Updated: 2010-05-27 17:53:16
    The fight over financial reform may yield something even more important than legislation: Awareness.

  • When's the next financial crisis and what will cause it?

    Updated: 2010-05-27 13:45:38

  • Things worth reading: 27th May 2010

    Updated: 2010-05-27 06:41:42

  • How Wall Street Uses Repo Deals to Fluff Earnings

    Updated: 2010-05-27 02:14:19
    Bank of America, Citigroup and other big banks are "managing" their earnings to mask their debts.

  • Death Wish: Barney Frank Deals Fatal Blow to Wall Street Derivatives Ban

    Updated: 2010-05-27 02:14:14
    Congressional Democrats are snuffing out Sen. Blanche Lincoln's derivatives ban.

  • It's not personal, just business

    Updated: 2010-05-26 08:21:10

  • Things worth reading: 26th May 2010

    Updated: 2010-05-26 07:23:45

  • The credit rating agent's thumb

    Updated: 2010-05-25 15:33:06

  • A credit union connects with the local biking community

    Updated: 2010-05-25 15:32:00
    Home About Us Product News Contact Testimonials Blog Follow us on Twitter Subscribe by Email Your : email Banks Unlock Cross Selling Solution A new feature article reveals that several banks have made impressive headway including one that has increased referrals to its investment sales team by 15 to 20 for three straight . years Request a copy for download : Email Most Popular Posts Influential bank and credit union marketers of 2009 Creating a Service Oriented Sales Culture Examples of Content Marketing by banks and credit unions What is the true meaing of Cross-Sales Banks and Credit Unions : An introduction to Content Marketing Brand Finance†s “Global Banking 500″ Branch referral generation survey America†s financial literacy problem similar to cooking problem Bank marketing In

  • Financial Reform Scorecard: Flash Points Divide House, Senate Bills

    Updated: 2010-05-25 08:51:02
    As lawmakers debate financial reform, this scorecard will help you track the differences between the House and Senate bills.

  • Sir Win Bischoff on Banking Reform

    Updated: 2010-05-25 07:20:00
    : The Financial Services Club's Blog Your email : address Powered by FeedBlitz Subscribe to this blog's feed About Recent Posts Sir Win Bischoff on Banking Reform Things worth reading : 25th May 2010 What happens to SEPA , Chi-x etc if the euro fails Need money fast Things worth reading : 24th May 2010 The Finanser's Week : 17th May 23rd May 2010 Challenges and Solutions for Banking UK The euro is in danger Things worth reading : 21st May 2010 The future of banking regulation Recent Comments toronto marketing services on NEWS : 2009 FinTech 100 Rankings Christian on How Facebook Payments could work in the future toronto marketing services on Metro Bank : the first new bank for a while Iang on The future of banking regulation George Chuck on USAA : 1 for Customer Service James on End of the

  • Things worth reading: 25th May 2010

    Updated: 2010-05-25 06:40:35

  • What Larry Summers Won't Admit About Financial Reform

    Updated: 2010-05-24 21:34:24
    White House economic adviser Larry Summers is dreaming if he thinks strong regulations will prevent another financial crisis

  • Insurers Paid $164M in 2009 to Spin Congress, But Don't Have a Lot to Show for It

    Updated: 2010-05-24 19:47:17
    Insurers are traditionally among the most generous when it comes to passing out largesse to Congress in the form of lobbying. But last year they...

  • Need money fast?

    Updated: 2010-05-24 08:43:23
    : The Financial Services Club's Blog Your email : address Powered by FeedBlitz Subscribe to this blog's feed About Recent Posts What happens to SEPA , Chi-x etc if the euro fails Need money fast Things worth reading : 24th May 2010 The Finanser's Week : 17th May 23rd May 2010 Challenges and Solutions for Banking UK The euro is in danger Things worth reading : 21st May 2010 The future of banking regulation Managing liquidity risk in a changed and global world Things worth reading : 20th May 2010 Recent Comments Iang on The future of banking regulation George Chuck on USAA : 1 for Customer Service James on End of the cheque : open outcry UPDATE Michael Aston , Distra on Why payments innovations are rubbish Heather Dawson , . Distra on Why payments innovations are rubbish Sonya J Mills on

  • Things worth reading: 24th May 2010

    Updated: 2010-05-24 07:19:04

  • Lost - A lesson in what NOT to do in customer service

    Updated: 2010-05-24 01:44:00
    Home About Us Product News Contact Testimonials Blog Follow us on Twitter Subscribe by Email Your : email Banks Unlock Cross Selling Solution A new feature article reveals that several banks have made impressive headway including one that has increased referrals to its investment sales team by 15 to 20 for three straight . years Request a copy for download : Email Most Popular Posts Influential bank and credit union marketers of 2009 Creating a Service Oriented Sales Culture Examples of Content Marketing by banks and credit unions What is the true meaing of Cross-Sales Banks and Credit Unions : An introduction to Content Marketing Brand Finance†s “Global Banking 500″ Branch referral generation survey America†s financial literacy problem similar to cooking problem Bank marketing In

  • The Finanser's Week: 17th May - 23rd May 2010

    Updated: 2010-05-23 07:36:42

  • Coulee Bank, La Crosse, WI, Assumes All of the Deposits of Pinehurst Bank, St. Paul, MN

    Updated: 2010-05-22 19:04:11
    Pinehurst Bank, St. Paul, Minnesota, was closed today by the Minnesota Department of Commerce, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.

  • Challenges and Solutions for Banking UK

    Updated: 2010-05-21 06:30:00

  • The euro is in danger

    Updated: 2010-05-21 06:15:00

  • Things worth reading: 21st May 2010

    Updated: 2010-05-21 05:45:31

  • If Obama Wants to Clean Up Wall Street, Now's the Time to Take Off His Gloves

    Updated: 2010-05-21 01:36:13
    It's time for President Obama to take off his gloves if he is to clean up Wall Street.

  • Razor's Edge: Why Senate Democrats are Struggling to Pass Financial Reform

    Updated: 2010-05-20 19:03:40
    Democrats are stuck between a rock (the left) and a hard place (the right) in the fight over financial reform

  • The future of banking regulation

    Updated: 2010-05-20 07:10:00

  • Health Costs of Debt

    Updated: 2010-05-16 01:47:07
    Everyone has experienced one form of financial problem or another. But if there’s one thing that stands out, it is debt. Whether for personal or professional reason, debt is usually inevitable. The problem comes with repaying the loan with interest within a reasonable amount of time. According to a 2009 AP/AOL study, Americans are deeply [...]

  • Odd Taxes Throughout America

    Updated: 2010-05-09 22:05:17
    Everyone hates additional taxes. But as things stand right now, it seems inevitable that Americans might need to shell out more of their earnings to the government. Right now, there are all sorts of taxes that are being passed by various states. Some have targeted fur jackets while others have slapped duties on blueberries. Certain [...]

  • The path to more fee income for financial institutions

    Updated: 2010-05-05 09:41:00
    Home About Us Product News Contact Testimonials Blog Follow us on Twitter Subscribe by Email Your : email Free Webinars Using Content Marketing to Generate Referrals from Your Website Register Now Using Content Marketing to Generate Referrals from Your Branches Register Now Banks Unlock Cross Selling Solution A new feature article reveals that several banks have made impressive headway including one that has increased referrals to its investment sales team by 15 to 20 for three straight . years Request a copy for download : Email Most Popular Posts Influential bank and credit union marketers of 2009 Creating a Service Oriented Sales Culture Examples of Content Marketing by banks and credit unions Brand Finance†s “Global Banking 500″ What is the true meaing of Cross-Sales Banks and

  • Retail Sales Up in April 2010 – Consumer Confidence Up

    Updated: 2010-05-05 01:43:38
    Consumer confidence is up. The month of April has been good for retailer signally seven consecutive months of growth. This shows a broadening of the economic recovery. Previously, only the manufacturing sector experienced some level of growth. While it only improved by an average of 0.2 percent, its mere improvement is enough to assure most [...]

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