(ChinaPost.com.tw) – Switzerland’s president on Sunday warned foreign governments against using illegally acquired bank data to nab tax evaders, as no deals with criminals should be made under the rule of law.
• Neil Barofsky warns government risks housing bubble • Troubled Asset Relief Program cost US taxpayers $700bn Washington’s efforts to fix America’s financial system have created a “heads I win, tails the government bails me out” mentality on Wall Street, according to a stinging report from the watchdog in charge of monitoring the government’s bank [...]
I was escorted by police from restaurant in Mexico thanks to Capital One’s poor serviceOn Christmas Eve in Mexico I tried to pay a restaurant bill with my Capital One card. The terminal rejected the card three times. I persuaded the manager to phone the bank. After 45 minutes answering security questions, he got irate. [...]
Leaders at Davos economic summit appeared to be deserting the idea of a Tobin tax on banking industryThe prospects of a global tax on financial transactions were receding fast this weekend amid signs that countries were swinging behind an alternative plan to impose an insurance levy on banks.Both David Cameron and Alistair Darling expressed support [...]
Regulators shut down a big bank in California on Friday, along with two banks in Georgia and one each in Florida, Minnesota and Washington.
Complying with the central governments stipulation of bringing all the regional rural banks (RRBs) under the core banking solution net (CBS), city based Indian Bank announced Saturday that three such banks sponsored by it have been brought under the CBS.
Bank executives met central bankers and government officials here Saturday to discuss whether regulations should be imposed on financial markets.
TACOMA, Wash., Jan. 29 /PRNewswire-FirstCall/ — Columbia Banking System, Inc. (Nasdaq: COLB) today announced its wholly owned subsidiary, Columbia State Bank, has acquired substantially all of the deposits and assets of American Marine Bank from …
TUPELO, Miss., Jan. 29 /PRNewswire-FirstCall/ — BancorpSouth, Inc. (NYSE: BXS) Chairman and CEO Aubrey Patterson will make a presentation to bank stock analysts at the Morgan Stanley U.S. Financials Conference at The New York Palace Hotel in New York …
CLEVELAND, Jan. 29 /PRNewswire-FirstCall/ — Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that it has closed a new, two-year, $500 million revolving credit facility with its 15-member bank group.
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