Banking & Finance

Why Banking and Insurance Don’t Mix

By | Juli 3, 2008

More evidence has surfaced this week that banks are botching the effort to make inroads into the insurance business. A post mortem.

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Washington Mutual Makes Customers Say Whoo hoo!

By | Juli 3, 2008

Why Washington Mutual (WaMu) scored highest in corporate reputation among the largest U.S. banks.

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Florida AG sues Countrywide

By | Juli 2, 2008

Florida Attorney General Bill McCollum says his office has filed a lawsuit against Countrywide Financial Corp., accusing it of deceptive and unfair trade practices.

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Trichet fears worst for eurozone inflation

By | Juli 2, 2008

Expectations of an increase in eurozone interest rates were cemented today with a warning by Jean-Claude Trichet, President of the European Central Bank , of a growing risk that inflation could “explode.” In …

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Deutsche Bank says it sees profit, no cash injections

By | Juli 2, 2008

Deutsche Bank chairman Josef Ackermann at the firm’s annual general meeting in late May.

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Oil rises $1 on supply concerns, eyes on dollar

By | Juli 2, 2008

Reuters SINGAPORE - Oil rose more than $1 a barrel on Wednesday, within sight of Monday’s record high above $143 on forecasts that global supply will lag demand and expectations the European Central Bank will …

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ECB takes flak on rates as France take EU helm

By | Juli 1, 2008

The European Central Bank faced renewed pressure to think twice about raising interest rates as France took over the EU presidency for six months today, with Nicolas Sarkozy leading the charge.

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In-Depth Look: Manufacturing Expands

By | Juli 1, 2008

Roundtable Discussion with Stuart Hoffman of PNC Financial Services and Larry Kantor of Barclays Capital

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Increase in home loan rates by next week: SBI

By | Juli 1, 2008

New Delhi, Jul 1: Country’s largest bank State Bank of India today said it is reviewing the home loan rates revision and expects to take a decision within a week.

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UK house prices ‘falling at fastest rate for 16 years’

By | Juli 1, 2008

UK house prices ‘falling at fastest rate for 16 years’ House prices are falling at their fastest annual rate for nearly 16 years, figures showed today.

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