Posts Tagged ‘bank’

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

Be wary of costly debt-relief pitches – they may be crooked

So you have piled up some bills. And then a letter arrives saying you’re among certain people who qualify for an “exclusive debt-mediation program” or words to that effect. The correspondence looks like it’s from a bank or credit-card company. It offers what appears to be a pretty good deal to get out of debt. [...]

China Steps Up Effort to Contain Economy

China’s top economic planner blamed speculators for some of the recent surge in food prices, while the central bank asked local financial institutions to curtail lending, as Beijing stepped up its effort to keep the surging Chinese economy in check. View full post on All Stories

Ireland Finally Admits Need For Bailout

AHN News Staff Dublin, Ireland, United Kingdom (AHN) – After hedging for several days, Ireland finally admitted Thursday that Dublin needs the international bailout being offered by the European Central Bank or the International Monetary Fund. Irish Central Bank Governor Patrick Honohan said the international loan would likely happen to deal with concerns of the [...]

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