Latest BANK News and Developments STOCKS NEWS ASIA-Shares to dive as turmoil reigns - Forbes ( Wed, 08 Oct 2008 00:37:16 GMT ) STOCKS NEWS ASIA-Shares to dive as turmoil reigns Forbes, NY - 21 minutes ago The US dollar fell against the euro and the yen, as Federal Reserve Chairman Ben Bernanke signalled the central bank was ready to cut rates if needed. ... Imoke commissions new taxis - Vanguard ( Wed, 08 Oct 2008 00:36:50 GMT ) Imoke commissions new taxis Vanguard, Nigeria - 21 minutes ago ... of Public Transport on behalf of government provided bank guarantee while funds were secured from Calabar Microfinance Bank Ltd and Oceanic Bank PLC. ... CEO Sinks Company -- Gets Paid $350 Million - Mom Logic ( Wed, 08 Oct 2008 00:53:32 GMT ) CEO Sinks Company -- Gets Paid $350 Million Mom Logic, CA - 5 minutes ago The chairman of failed investment bank Lehman Brothers continued to give himself bonuses during the company's demise. Richard Fuld Jr., CEO of failed ... Australian shares down sharply, join global sell-off - Forbes ( Wed, 08 Oct 2008 00:36:41 GMT ) Australian shares down sharply, join global sell-off Forbes, NY - 22 minutes ago ... index was down 175.5 points at 4443.2, erasing Tuesday's 1.7 percent gain following a surprise 1 percentage point rate cut by Australia's central bank. ... Firms 'preparing for redundancies' - guardian.co.uk ( Wed, 08 Oct 2008 00:46:25 GMT ) Firms 'preparing for redundancies' guardian.co.uk, UK - 12 minutes ago Union and business leaders united to call on the Bank of England's monetary policy committee to cut interest rates to ease pressure on industry, ... Cuffy Family Members Arrested In Mortgage Fraud Cases - WPBF ( Wed, 08 Oct 2008 00:51:09 GMT ) Cuffy Family Members Arrested In Mortgage Fraud Cases WPBF, FL - 7 minutes ago Authorities arrested Johnson Cuffy at Chase Bank in Boca Raton late last month when, police said, he and a female accomplice stole a woman's identity, ... Bosox-Rays renew rivalry, Manny in middle of NLCS - The Associated Press ( Wed, 08 Oct 2008 00:50:53 GMT ) Bosox-Rays renew rivalry, Manny in middle of NLCS The Associated Press - 7 minutes ago Ramirez, manager Joe Torre and the Dodgers open the best-of-seven set Thursday night at Citizens Bank Park. Traded from Boston to Los Angeles on July 31, ... BankSA cuts variable rate - ABC Online ( Wed, 08 Oct 2008 00:45:47 GMT ) BankSA cuts variable rate ABC Online, Australia - 12 minutes ago The cut takes effect on Monday and is BankSA's response to the Reserve Bank's decision to cut the official cash rate by a full percentage point. ... Debate as ban on short-selling ends: Did it make any difference? - International Herald Tribune ( Wed, 08 Oct 2008 00:49:37 GMT ) Debate as ban on short-selling ends: Did it make any difference? International Herald Tribune, France - 9 minutes ago Trading volume of Wells Fargo, for instance, fell 45 percent and trading in Bank of America fell 53 percent. "There's liquidity out of the marketplace," ... ASSOCIATION OF CONCERNED BELIZEANS CASE AGAINST THE GOVERNMENT ... - LoveFM ( Wed, 08 Oct 2008 00:49:11 GMT ) ASSOCIATION OF CONCERNED BELIZEANS CASE AGAINST THE GOVERNMENT ... LoveFM, Belize - 9 minutes ago But the first interested party in the case, the Belize Bank, is. According to its attorneys, Nigel Pleming and Andrew Marshallek, the banks position is ... US banks deny real estate sell-off - People's Daily Online ( Wed, 08 Oct 2008 00:41:45 GMT ) US banks deny real estate sell-off People's Daily Online, China - 16 minutes ago For an international investment bank like Morgan Stanley, the ultimate goal of purchasing a property is to sell it, said Yang. "This rule applies to all ... Wounded Iceland takes over top bank, seeks Russia loan - Georgiandaily ( Wed, 08 Oct 2008 00:53:45 GMT ) Wounded Iceland takes over top bank, seeks Russia loan Georgiandaily, NY - 4 minutes ago By Omar Valdimarsson REYKJAVIK (Reuters) - Iceland took over its second largest bank, propped up a battered currency and sought on Tuesday a 4 billion euro ... BofA shares fall 26 percent; rest of sector also battered - Reuters ( Wed, 08 Oct 2008 00:37:18 GMT ) BofA shares fall 26 percent; rest of sector also battered Reuters - 21 minutes ago Bank of America shares fell 26 percent on Tuesday, shaving nearly $40 billion off the bank's market value. The company was first listed on the New York ... Burress a little (day) careless with his - The Star-Ledger - NJ.com ( Wed, 08 Oct 2008 00:34:28 GMT ) Burress a little (day) careless with his The Star-Ledger - NJ.com, NJ - 24 minutes ago Don't bank on it. What you can bank on is that Burress won't skip a beat on the field if Coughlin starts him Monday night at Cleveland. ... British leaders in talks after bank shares skid - Connecticut Post ( Wed, 08 Oct 2008 00:42:00 GMT ) British leaders in talks after bank shares skid Connecticut Post, CT - 16 minutes ago By EMILY FLYNN VENCAT AP A woman uses a cash machine outside a branch of the Royal Bank of Scotland in London on Tuesday. Shares at the Royal Bank of ... Darling Readies Bank Rescue Plan After Market Chaos - Buzzle ( Wed, 08 Oct 2008 00:41:14 GMT ) Darling Readies Bank Rescue Plan After Market Chaos Buzzle, CA - 17 minutes ago The talks, which ended around 6.30pm, had been given added urgency after a day in which shares in the banks suffered another mauling, with HBOS plunging ... 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