Bank
Capital One to buy ING’s U.S. online bank
Capital One to buy ING’s U.S. online bank Capital One Financial Corp plans to buy ING Groep NV’s U.S. online bank for $9 billion in cash and stock, leapfrogging up the ranks of the largest U.S. banks, the companies said on Thursday afternoon. Read more on Reuters via Yahoo! News
Bank of America Offers Potential Homebuyers Tips to Prepare For Homeownership
Bank of America Offers Potential Homebuyers Tips to Prepare For Homeownership Spring home buying season is here. Prospective homeowners can be proactive through financial preparation and conversations with a lender before starting the home search process. Read more on PRWeb via Yahoo! News
Inflation fears prompt Europe’s central bank to raise interest rate
Inflation fears prompt Europe’s central bank to raise interest rate Inflation fears prompt Europe’s central bank to raise interest rate combined news services Published Apr 7, 2011 05:09PM MDT Frankfurt, Germany • The European Central Bank raised its key interest rate Thursday for the first time in nearly three years, as policymakers decided that battling [...]
Deutsche Bank, Credit Suisse Lead Fed’s Mortgage-Bond Trades
Deutsche Bank, Credit Suisse Lead Fed’s Mortgage-Bond Trades Deutsche Bank AG and Credit Suisse Group AG led bond dealers that entered contracts to buy and sell government-backed mortgage securities to the Federal Reserve as the central bank acquired $1.25 trillion of the debt beginning in January 2009. Read more on BusinessWeek
Bank of America Extends More Than $173B in Credit During Third Quarter
Bank of America Extends More Than $173B in Credit During Third Quarter Latest Lending and Investing Report Details Nearly $500 Billion in Credit to Individuals and Busines… Read more on citybizlist Atlanta
Benefactor offers to pay off couple’s bank debt
Benefactor offers to pay off couple’s bank debt AN anonymous benefactor has offered to pay off a Colchester couple’s debt, which rose to £1,000 after they were stung by bank charges for being 8p overdrawn. Read more on Gazette News
Feds Shut Down Big Chicago Bank, 7 Others
Feds Shut Down Big Chicago Bank, 7 Others FDIC Takes over ShoreBank, Known for Social Activism but Racked by Financial Woes; 4 Calif. Banks among Those Closed Read more on CBS News
EON Bank targets RM4b in campaign
EON Bank targets RM4b in campaign EON Bank Group is confident of achieving the RM4 billion target in the Super Cash Campaign as it expects stronger sales volume and economic growth in the second half of this year, said Chief Executive Officer Michael Lor. Read more on Business Times
Liberia: IMF and World Bank Announce U.S.$4.6 Billion Debt Relief
Liberia: IMF and World Bank Announce U.S.$4.6 Billion Debt Relief The International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) have decided to support US$4.6 billion of debt relief for Liberia, of which US$1.5 billion is to be delivered by multilateral creditors and the remainder by bilateral and commercial creditors. Read more [...]