Dollar hovers near record low beyond $1.51 vs euro
Reuters - term rate cut have been pushed back and fundamentals are solid, while the dollar is destined to fall further as the market believes U.S. credit jitters are far from being resolved ,” stated Hideki Amikura, a forex manager at Nomura Trust and Banking.
Shares fall as rates decision nears
News.com.au - CMC Markets senior dealer James Foulsham said negative sentiment, caused by economic uncertainty continued to dog the banking sector. “I was a tiny surprised at how low it’s been dragged down this day,” Mr Foulsham said.
UBS shareholders concur big cash injection during stormy meeting
Times On the web - UBS shareholders waved through a SwFr13 billion (£6.14 billion) capital injection at Switzerland’s largest bank, despite a stormy astonishing meeting in which one angry shareholder tried to storm the stage. GIC, the Singapore sovereign wealth fund
Online Banking Behavior Segmentation Addresses How Banks Are Facing
Forbes - Research and Markets (http://www.researchandmarkets.com/reports/c84294) announces the addition of new Javelin Strategy Report “Online Banking Behavior Segmentation: A Behavioral Approach to Improving Adoption” to their offering. Facing a plateau in
Other incidents in S. Fla. schools
Miami Herald - • Norland High, Thursday: Javaris Cross, 17, was shot in the left ear while trying to break up a fight. • North Dade Academy, Wednesday: A 14-year-old girl attempted to gun down the principal who expelled her more than a year ago. The gun jammed
Fees for law firm debated
Houston Chronicle - Those included top executives, outside accountants and law firms and banking titans that kept billions of dollars flowing into Enron. Many settled
British banking giant states profits jump by fifth in 2007
Raw Story - Britain’s Royal Bank of Scotland said on Thursday that net profits leapt 21 percent last year to 7.545 billion pounds (9.9 billion euros, 14.9 billion dollars), excluding the takeover of ABN Amro. Turnover increased by three percent to 28.864 billion
Trapped by Market Turmoil
Wall Street Journal - Investors with securities issued by closed-end funds can get loans of up to $10 million through Merrill’s banking unit. Investors, however, will have to still pay interest on those loans.
Kidd dazzles for Dallas
Miami Herald - Dallas Mavericks forward Josh Howard (5) goes to the basket against Sacramento Kings center Brad Miller (52) in the first half of their NBA basketball game in Dallas, Friday, Feb. 29, 2008. Jason Kidd now comprehends that the Dallas Mavericks want
Energy plans divide say lawmakers
Patriot-News - Home Democrats are banking on a bill that would provide the $850 million the governor wants without slapping consumers with an extra fee on their electric bills.
What bad banking news means to you
CNN - NEW YORK (CNN) — Bad news about the banking industry might have you wondering about the safety of your hard earned cash at your own bank. In the past year there have been four bank failures. And the chairman of the Federal Deposit Insurance Corp and
DZ Bank joins ranks of German subprime casualties
Washington Post - The subprime domino effect in Germany has undermined the image of the country’s banking industry abroad and made international investors nervous.
Student arrested after Calif. lockdown
Miami Herald - Police have arrested a student suspected of carrying a handgun in an incident that forced a daylong lockdown and search of a Southern California high school. Pasadena police say the male student was taken into custody Friday on suspicion of
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