Saturday
February 9, 2013
Results for: banks

  • 20/11/2012 | Argentina

    Banks closed amid strike

    All private and public banks were closed today due to a national strike led by CGT and CTA unions.

  • 06/10/2012 | Argentina

    Salado River banks burst, Route 2 closed off

    Part of the Salado River burst its banks today following overnight rain, provoking Route 2 to be completely closed off at kilometre 156, the National Highway Security Agency said.

  • 26/10/2012 | Argentina

    Kicillof urges private banks to increase mortgage loans

    Economy Deputy Minister Axel Kicillof blasted the private financial system for “not thinking of the people’s needs,” and urged the banks to “join the National Government’s decision” to boost the mortgage loan market.

  • 06/11/2012 | Argentina

    BA City Stock Exchange, banks closed for Bank Workers Day

    Banks, exchange houses and the Buenos Aires City Stock Exchange were all closed today for national “Bank Workers Day.”

  • 27/06/2012 | Argentina

    Public services affected by today's strike

    Due to today's teamster union strike certain public services will be affected, including rubbish collection, fuel and food distribution. The subway, trains and short and long-distance buses will operate normally. Flights will be affected between 11am and 6pm.

  • 06/07/2012 | Argentina

    Marcó del Pont defends new dollar restrictions

    Following the official new curbs on dollar purchasing for savers, the head of the Central Bank Mercedes Marcó del Pont came on stage to defend the measure.

  • 27/09/2012 | Argentina

    Moody's cuts outlook on 30 Argentine banks

    Rating agency Moody's changed to negative the rating outlook on 30 rated argentine financial institutions today.

  • 01/02/2012 | Argentina

    Fog covers city of Buenos Aires, causes delays on the roads

    Mist and banks of fog were reducing visibility in the Capital this morning and causing delays on the roads. Traffic setbacks were registered along route 2, 3 and 205 and along the motorway Buenos Aires-La Plata, for which transport authorities asked drivers to drive with extra care.

  • 09/03/2012 | Argentina

    Central Bank head meets with regional pairs

    Central Bank head Mercedes Marcó del Pont received finance officials from within the Mercosur and other countries in the region, in order to debate regional monetary policies and the impact of the international crisis.

  • 03/04/2012 | Argentina

    Restrictions placed on withdrawal of dollars abroad

    The Central Bank made official today new restrictions on the withdrawal of US dollars abroad. As of today those who wish to withdraw dollars from their Argentine bank account with a debit card, while out of the country, must already have money in that currency in their account.

  • 23/12/2011 | Argentina

    Buenos Aires banks close early

    Banks in Buenos Aires operated shorter working hours today, while on December 26 they will be closed, in line with holiday put in place by the national government for Monday.

  • 26/12/2011 | Argentina

    Banks remain closed today

    Banks in Buenos Aires remained closed today while subway, train and buses services were operating with a special schedule, in line with a holiday put in place by the national government.

  • 27/12/2011 | Argentina

    Bank clerks reach agreement on wage hikes

    After meeting at the offices of the Labour Ministry, the Banking Association union (AB) and the business chambers agreed on a salary hike of $1,180 pesos for the first quarter or 2012, and a $200 pesos compensation to be paid in three monthly installments.

  • 05/01/2011 | Argentina

    'Procedures weren't adequate,' BAPRO's president

    An investigation is underway following the robbery of the Buenos Aires Province Bank (BAPRO) in the Belgrano neighbourhood, after possible police negligence claims. Such claims had been made due to bank alarms going off several times without being followed up.

  • 12/02/2011 | Argentina

    WikiLeaks cable unveils relationship between Kirchners and banks

    The Spanish newspaper El Pais published new cables of the US embassy which mention the relationship between the Kirchners and the banks, specially during the period previous to the presidential election of Cristina Fernández de Kirchner.

  • 16/11/2011 | Argentina

    Moody's downgrades 10 German banks in blow to Eurozone

    Moody’s ratings agency decided to surprisingly downgrade the rating of ten German public-sector banks. This is the first time Europe’s largest economy in the region, which keeps the Eurozone afloat, is hit.

  • 14/12/2012 | World

    More tensions over euro zone crisis management

    European leaders agreed today to press on with further steps to tackle their debt crisis but German Chancellor Angela Merkel threw out a proposal to boost risk-sharing with a fund to help euro zone states in trouble.

  • 09/10/2012 | World

    IMF: Global financial confidence 'very fragile,' euro crisis key threat

    The International Monetary Fund urged European policymakers to deepen the financial and fiscal ties within the euro area with some urgency to restore sagging confidence in the global financial system.

  • 12/11/2012 | World

    Spain promises to spare needy from eviction after suicides

    Spanish Economy Minister Luis de Guindos promised today that no needy family will go homeless over mortgage arrears, responding to public fury at a homeowner's suicide as she was being evicted.

  • 28/11/2012 | World

    EU approves Spain bank restructuring, opens door to aid

    The European Commission gave the go ahead for Spain to overhaul its stricken nationalized banks today and opened the door for nearly 40 billion euros in euro zone aid to be disbursed, offering hope for an end to Spain's banking crisis.

  • 23/07/2012 | World

    EU says mismanaged Greek banks face 'revamp'

    Banks recapitalised as part of Greece's bailout may be forced to overhaul their management and governance, the European Commission said, in response to questions raised by Reuters agency about alleged malpractice at Greece's fourth-largest bank.

  • 25/07/2012 | World

    Moody's changes outlook of 17 German banks

    Moody's Investors Service has changed the outlook of 17 German banking groups from "stable" to "negative."

  • 03/09/2012 | World

    Schaeuble: European Central Bank should only supervise big banks

    German Finance Minister Wolfgang Schaeuble rejected today a European Commission plan to give the European Central Bank sweeping powers to monitor all euro zone banks, saying it should instead focus only on systemically important institutions.

  • 04/07/2012 | World

    Spanish court opens Bankia fraud case

    A Spanish court opened a fraud case against former executives of lender Bankia on Wednesday amid mounting public anger against the state-rescued bank.

  • 09/07/2012 | World

    EU gives Spain more time on deficit, sets bank aid

    Euro zone ministers agreed to grant Spain an extra year until 2014 to reach its deficit reduction targets in exchange for further budget savings and set the parameters of an aid package for Madrid's ailing banks.

  • 16/07/2012 | World

    Moody's downgrades Italian banks

    Moody's downgraded 13 Italian financial institutions including some of the country's largest banks Intesa Sanpaolo and Unicredit with a negative outlook.

  • 15/06/2012 | World

    ECB's Draghi flags euro risks, but no inflation threat

    The euro zone economy faces serious risks and no inflation threat, European Central Bank President Mario Draghi said today in comments that heightened expectations the ECB could cut interest rates or take other policy action soon.

  • 22/06/2012 | World

    Moody's cuts ratings of 15 banks, Morgan Stanley down two notches

    Ratings agency Moody's downgraded 15 of the world's biggest banks today, lowering credit ratings by one to three notches to reflect the risk of losses they face from volatile capital markets activities, but banks criticized the move as backward looking.

  • 25/06/2012 | World

    Spain asks for euro zone aid to recapitalise banks

    Spain formally requested euro zone rescue loans to recapitalise its debt-laden banks today as the euro and shares fell on investor scepticism about this week's EU summit.

  • 25/05/2012 | World

    S&P lowers ratings on five Spanish banks

    Ratings agency Standard & Poor's cut the ratings on five Spanish banks today but left unchanged its ratings on the country's two biggest banks, Santander and Banco Bilbao Vizcaya Argentaria.

  • 13/06/2012 | World

    Fitch report warns on impact of hypothetical Greek exit

    In a new report, Fitch Ratings says that a hypothetical Greek exit would have limited direct, cross-border impact on neighbouring countries, but the indirect impact of a Greek redenomination on banks throughout the eurozone could be severe, most notably in programme countries as well as Spain and Italy.

  • 15/06/2012 | World

    Moody's cuts eleven European banks' ratings

    Moody's has cut the ratings of eleven European banks and said it would cut again if Greece ditched the euro, kicking off a long-awaited round of downgrades for major European institutions.

  • 09/05/2012 | World

    Spain to demand banks recognize more losses

    Spain will demand banks set aside another 45 billion dollars against loans to the ailing building sector, financial sources said, raising the possibility more public cash will be needed to rescue the country's lenders.

  • 10/05/2012 | World

    US Bernanke: Banks restricting morgage credit

    Banks have become so restrictive in making mortgages that many worthy homebuyers are being frozen out of the US housing market, and lending practices are not likely to loosen any time soon, Federal Reserve Chairman Ben Bernanke said today.

  • 11/05/2012 | World

    Spain accepts independent banking sector audit

    Spain agreed to commission an independent audit of its financial system today, trying to dispel market concerns that a state-funded bank bailout, set to be approved by the cabinet, could strain public finances to breaking point.

  • 08/03/2012 | World

    European Central Bank slashes euro zone's growth forecast

    The European Central Bank lowered its euro zone growth forecast after holding interest rates at record lows today, and said things would have been much worse without its dramatic action to pump a trillion euros into the banking system.

  • 14/03/2012 | World

    US Bernanke says Fed to make bank rules clearer

    The Federal Reserve will try to make it clearer whether new banking rules apply to small lenders, Federal Reserve Chairman Ben Bernanke said in remarks today.

  • 10/04/2012 | World

    US Bernanke says banks need bigger capital buffer

    Federal Reserve Chairman Ben Bernanke said banks need to have more capital at hand in order to ensure the financial system is stable.

  • 16/02/2012 | World

    Moody's warns may downgrade 17 global banks, securities firms

    Moody's warned today it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the euro zone government debt crisis is spreading throughout the global financial system.

  • 29/02/2012 | World

    Banks gorge on 530 billion euros of ECB 3-year funds

    Banks grabbed 530 billion euros at the European Central Bank's second offering of cheap three-year funds today, fuelling hopes that more credit will flow to businesses and government borrowing costs will ease further.

  • 07/03/2012 | World

    Athens gives private creditors two days to decide on Greek bailout

    Athens turned up the heat on its creditors as it sought to secure a bond swap that will cut its mountainous debt. The Greek government gave private creditors until Thursday night to say whether they will participate in the exchange that is a key part of a bailout programme to help Greece manage its mountainous debt.

  • 21/12/2011 | World

    Banks take 489 billion euros in 3-year ECB loans

    Europe's banks borrowed nearly 490 billion euros from the European Central Bank at its first-ever offer of three-year loans today, encouraging demand for the euro and stocks on hopes the funding will ease the two-year old debt crisis.

  • 13/02/2012 | World

    Greek bond swap seen wrapped up in March

    Greece's debt restructuring known as private sector involvement (PSI) will be completed in March and the country will hold elections the following month, the government's spokesman said today.

  • 13/02/2012 | World

    Fitch, S&P downgrade Spanish banks

    Fitch ratings agency has downgraded the main financial entities of Spain – Santander, BBVA, Bankia and Caixabank – due to the recent downgrade of the country’s debt. Meanwhile, Standard & Poor’s downgraded the Banking Industry Country Risk Assessment (BICRA) over Spain’s banking sector to group '5' from group '4.'

  • 29/11/2011 | World

    S&P criteria change reduces ratings on big US banks

    Standard & Poor's reduced its credit ratings on several big banks in the United States and Europe as the result of a sweeping overhaul of its ratings criteria. 

  • 10/12/2011 | World

    CFK urges banks to go back to a 'real economy'

    President Cristina Fernández de Kirchner urged banks to “go back to a real economy” as she stressed during her inaugural speech that “banks are not the fundamentals of the world economy, they are only a tool to keep the global economy running."

  • 15/12/2011 | World

    Fitch downgrades six global banks

    Fitch announced it has downgraded the credit rating of six of the world’s largest banks. The banks include US’ Bank of America, British Barclays, and France’s BNP Paribas.

  • 22/10/2011 | World

    EU seeks to break deadlock over bolstering banks

    EU finance ministers neared agreement  on a framework to provide 100 billion euros to European banks, but were still wrangling over how to do it as Spain, Italy and Portugal raised concerns over the cost.

  • 28/10/2011 | World

    EU plan should restore confidence in banks, Fitch says

    Europe's plan to halt the spread of a debt crisis will help restore confidence in banks and should leave the senior debt ratings of even most of the weakest ones unaffected, Fitch Ratings said.

  • 15/11/2011 | World

    Greece launches bond swap talks with banks

    Greece and private bondholders will begin thrashing out a deal today to halve its public debt, a key pillar of a bailout plan to save the country from bankruptcy and ejection from the euro zone, sources said.

  • 12/10/2011 | World

    EU Commission calls for action on Greece and banks

    The president of the European Commission called today for EU leaders to bring forward the introduction of a permanent rescue mechanism for states to mid-2012 from mid-2013 and called for more rigorous capital standards for banks.

  • 17/10/2011 | World

    European watchdog urges banks to improve pay disclosure

    Not a single major European bank is providing enough transparency and detail on staff pay, and disclosure needs to improve, Europe's banking watchdog said today.

  • 18/10/2011 | World

    S&P downgrades 24 Italian banks, financial firms

    Standard & Poor's downgraded 24 Italian banks and financial institutions, citing renewed "market tensions" and lower economic growth prospects.

  • 23/09/2011 | World

    EU says 420 billion euros injected into Europe's banks

    European banks have already received 420 billion euros in funds to help recapitalize and are in a much better shape than three years ago, the European Commission said.

  • 06/10/2011 | World

    Obama chides banks, taps anger over Wall Street

    President Barack Obama launched a broad onslaught against banks today, tapping into public anger over rising fees to garner populist support ahead of his 2012 re-election campaign.

  • 08/10/2011 | World

    Europe eyes bolstering banks ahead of debt storm

    European banks may need more than 100 billion euros (US$135 billion) to withstand the sovereign debt crisis, Ireland estimated, ahead of a meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy to work out how to recapitalise the lenders.

  • 02/09/2011 | World

    US regulator to sue major banks over mortgages

    A US regulator is filing lawsuits against major banks, accusing them of bundling subprime home loans into bonds that should have never been sold to investors, and causing billions of losses for mortgage giants Fannie Mae and Freddie Mac, a source said.

  • 06/09/2011 | World

    FT reports US banks offered deal over lawsuits

    Big US banks in talks with state prosecutors to settle claims of improper mortgage practices have been offered a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported today.

  • 23/09/2011 | World

    Moody's cuts eight Greek bank ratings by 2 notches

    Moody's Investors Service downgraded the ratings of eight Greek banks by two notches each citing a struggling domestic economy and declining deposits among reasons for the move, which was expected by markets.

  • 29/01/2011 | World

    WikiLeaks founder says enjoys making banks squirm

    WikiLeaks founder Julian Assange says he enjoys making banks squirm thinking they might be the next targets of his website which has published US diplomatic and military secrets.

  • 15/07/2011 | World

    Eight European banks fail latest stress test

    Eight European banks have failed a test of their ability to withstand a prolonged recession which did not build in the impact of a Greek default, the European Banking Authority said.

  • 01/09/2011 | World

    US Gov't to sue big banks over mortgage securities

    The agency that oversees mortgage markets is preparing to file suit against "more than a dozen" big US banks, accusing them of misrepresenting the quality of mortgages they packaged and sold during the housing bubble, the New York Times reported.

  • 20/01/2012 | Sports

    'Occupy' targets banks, corporate campaign spending

    Dozens of Occupy protesters chained themselves to doors at Wells Fargo bank headquarters in San Francisco, while across the United States hundreds more demonstrators rallied at federal courthouses against corporate campaign donations.


Results: 63

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