United Kingdom | Sunday, 23 November 2008

Bank Articles

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61. HSBC denies new deadline for KEB deal
HSBC Holdings on Thursday denied a South Korean media report saying it had agreed with U.S. private equity firm Lone Star LS.UL to set a new deadline for a $6.3 billion (3.23 billion pounds) deal for control of Korea Exchange Bank.
07 Aug 2008
62. Bank of England seen holding rates
The Bank of England is expected to keep interest rates at 5 percent this week for the fourth month running in what may be policymakers' toughest decision yet.
06 Aug 2008
63. HSBC and Barclays profits set to dip as RBS heads for loss
Europe's biggest bank HSBC is expected to report a 28 percent drop in profit as it spearheads results showing how Britain's top four banks are coping with a global credit crunch.
04 Aug 2008
64. Deutsche announces fresh writedowns
Deutsche Bank announced fresh writedowns on Thursday, taking its bill from the global financial crisis beyond $11 billion (5.5 billion pounds).
01 Aug 2008
65. Tesco buys RBS out of finance venture
Tesco announced a major push into banking on Monday with a 950 million pound deal to buy out Royal Bank of Scotland from their finance joint venture.
28 Jul 2008
66. Bank minutes to show split vote again
David Blanchflower is certain to have repeated his call for lower interest rates at the Bank of England's July rate-setting meeting, so the question is whether any other Monetary Policy Committee members joined him.
23 Jul 2008
67. Jump in firms in critical condition
The number of British firms in their death throes or on the brink of bankruptcy rose almost seven-fold in the second quarter compared with the same period last year, a survey showed on Sunday.
21 Jul 2008
68. Asia stocks rally on oil and hopes for banks
Asian stocks rebounded on Thursday, boosted by the biggest surge in U.S. bank shares in 16 years and a decline in oil prices, providing some relief from fears about the global credit crisis spiralling out of control.
17 Jul 2008
69. OFT says bank current accounts "not working well for consumers"
The Office of Fair Trading (OFT) said on Wednesday that the market in personal current accounts was "not working well for consumers" and called for reform of the way banks operate.
16 Jul 2008
70. Islamic investors gain from bank stock ban -S&P
Islamic equity investments produced positive returns through the past three months, protected by a ban on owning banking stocks even as leading stock indexes fell, index provider Standard & Poor's (S&P) said.
16 Jul 2008
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