Posts Tagged ‘bank’

House to vote on tougher sanctions against Iran for nuclear program

Tom Ramstack – AHN News Legal Correspondent Washington, DC, United States (AHN) – The House of Representatives plans to vote on two bills as soon as Tuesday to increase economic sanctions against Iran for what U.S. lawmakers say is Iran’s program to develop nuclear weapons. The bills would freeze U.S. assets of countries or companies [...]

Debt woes come back to haunt Dubai

The Media Line Staff Dubai, United Arab Emirates David Rosenberg (The Medi – More than two years after one of its showcase companies announced a “standstill” on its loan repayments, signaling the end of a real estate-fueled boom, a mountain of debt continues to cast a long shadow over Dubai’s economy. Moody’s Investors Service brought [...]

ING Can Be More With Less, Bank Chief Says

ING CEO Jan Hommen says his strategy for downsizing from global player to local bank will leave the group stronger. View full post on Business Stories

DealBook: Goldman Sachs Trumps Expectations

Earnings fell from the previous year, but the investment bank nearly doubled analysts’ estimates. View full post on Business Stories

Caribbean, Latin America weathered recession better than other regions – report

The World Bank says Latin America and the Caribbean region “decisively outperformed” many others during the recent recession with a decline in growth smaller than that of the middle-income country average and with a rebound that was “swifter … View full post on Business Stories

Govt seeks World Bank’s aid for 37,000 km roads

“We have sought assistance from World Bank for 37,000 km of roads as we plan to take up work on these projects soon,” Road Minister C P Joshi told reporters after a meeting with a World Bank delegation, headed by its South Asia Region Vice President Isabel Guerrero. View full post on Business Stories

One thing that Twitter fails at

We put customer service to the test at companies from Zappos to Delta to Bank of America, asking for help over Twitter, on the phone, and on the web. The results were surprising. View full post on Business Stories

BMO Financial buys Marshall & Ilsley for $4.1B

Canadian Bank BMO Financial Group says it agreed to buy Marshall & Ilsley Corp. for $4.1 billion in stock in an effort to expand its North American business. View full post on Business Stories

Can SBI be an agent of its insurance subsidiary?

Can the government-run State Bank of India (SBI) become the agent of its own insurance subsidiary SBI Life? This question was raised in a public interest litigation (PIL) before the Lucknow bench of the Allahabad High Court. View full post on Business Stories

VIDEO from International Monetary Fund Available on thenewsmarket.com: Togo Achieves IMF World Bank Debt Relief

NEW YORK, Dec. 14, 2010 /PRNewswire/ — See video from International Monetary Fund at: http://www.thenewsmarket.com/Releases/StoryDetailPage.aspx?GUID=f5c444e7-65bb-4e6f-8cfa-e2e9d31903f6 The IMF and the World Bank have announced up to US$1.8 billion in debt relief for Togo. In this interview, the View full post on All Stories

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