United Kingdom | Sunday, 23 November 2008

Bank Articles

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141. Senator hails U.S. ban on UK firm that sold to Iran
The head of the U.S. Senate Banking Committee on Monday hailed a Commerce Department decision to suspend the export privileges of a British company that had illegally shipped three U.S.-made aircraft to Iran and was preparing to send it three more.
25 Mar 2008
142. Brown and Sarkozy to urge banks to disclose write-offs
Prime Minister Gordon Brown and French President Nicolas Sarkozy will urge banks this week to make "full and immediate disclosure" of write-offs due to the global credit crisis, British officials said on Monday.
17 Mar 2008
143. King sympathetic to aiding banks
The governor of the Bank of England, Mervyn King, has suggested that he could be willing to give British banks more aid during the current financial turmoil.
17 Mar 2008
144. Banks meet BoE as industry jitters persist
Liquidity, rumour-mongering and housing market troubles top the list of subjects for discussion when Britain's top bankers meet senior officials from the Bank of England on Thursday.
17 Mar 2008
145. India receives most money from workers abroad
The World Bank has released figures which show that Indian migrants sent the most money back to their native lands in 2007.
17 Mar 2008
146. Japan lawmakers leave central bank leaderless
The Japanese central bank will be run by a temporary leader in the midst of a credit crisis, after parliament rejected on Wednesday the government's latest nominee to replace the current governor when he retires in a few hours.
17 Mar 2008
147. Bank voted 7-2 for steady rates in March
Two Bank of England policymakers opposed this month's decision to keep interest rates at 5.25 percent, minutes showed on Wednesday, leading markets to price in a greater chance of another cut as soon as next month.
17 Mar 2008
148. Briton's inflation expectations at new high
The Bank of England has published a quarterly survey showing that Briton's median expectations of the rate of inflation over the next year had risen from 3.0 per cent in November to 3.3 per cent in February.
13 Mar 2008
149. Overseas fraud hitting British bank cards
Losses on British plastic cards have surged 25 percent, driven by a near doubling of fraud committed overseas, new figures show.
12 Mar 2008
150. StanChart eyes RBS stake in Saudi lender
Standard Chartered Bank is considering buying Royal Bank of Scotland's (RBS) 40 percent stake in Saudi Hollandi Bank in a bid to enter the world's largest oil exporter, a magazine reported.
04 Mar 2008
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