<ul><li>catercornerPronunciation: /KAT-er-kor-ner/adv : in a diagonal or ablique position"Visitors immediately noticed the new bank because it stood catercorner to the town’s main intersection, jutting away from the neighboring buildin…
<ul><li>SOMETIMES you wonder what planet the men who run our major banks live on.</li><li>Despite the banks almost bringing the country to its knees by reckless lending, union leaders have informed Holyrood’s Economy Committee t…
<ul><li>ANALYSIS: President Obama’s go-it-alone approach upset the choreography of global co-operation, writes SIMON CARSWELL in Davos, Switzerland</li><li>DAVOS 2010 wrapped up yesterday after five days of yet more soul- searc…
<ul><li>Moody’s Investors Service has today downgradedthe ratings on certain hybrid securities of three Kazakh banks, namelyKazkommertsbank, ATF Bank and Bank CenterCredit. </li><li>This concludes Moody’s review for possible dow…
<ul><li>Reforms are needed urgently to bar big commercial banks from engaging in risky investments and trading, a top White House adviser says.</li><li>Paul Volcker, former Federal Reserve chairman and chairman of President Bara…
<ul><li>Jan. 30–Less than six months after it filed a lawsuit against the Nooksack Indian Tribe to force repayment of more than $26 million in casino loans, Marshall Bank of Minnesota has been shut down by federal regulators. </li>&l…
<ul><li>Jan. 30–There’s a strong dose of old-fashioned flavor to the story: Hometown boy makes good, becomes president of local bank. </li><li>On Jan. 1, Hogan became president and chief executive officer of the State Bank of C…
<ul><li>Jan. 30–Troubled First Banks Inc. continued to leak red ink late last year, but at a slower rate. </li><li>The Clayton-based company, parent of First Bank, reported a $153.8 million loss in the fourth quarter ended Dec….
<ul><li>Jan. 30–There was plenty of bad news in Frontier Financial’s earnings report Friday: losses of $33.9 million for the quarter and $258.8 million for the year, $341.5 million in charged-off loans, and shrinking capital ratios that ha…
<ul><li>Venture Capital Bank announced the completion of the German Orthopaedic Hospital in Bahrain. </li><li>The Hospital, which occupies the 3rd floor of the Bahrain Medical Centre in Manama, represents a state of art medical …