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INSURANCE NEWS - The Banks
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Western banks feel Eastern Europe's pain - Globe and Mail
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As of: 2009-02-19
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AFP- Western banks feel Eastern Europe's pain- Globe and Mail, Canada- ROME -- Bank investors have downgraded Eastern Europe from hot growth story to liability as countries from Latvia to Bulgaria face potential economic collapse. The deteriorating Eastern European economies and currencies have clobbered the shares of the ...- Moody's Warning for Western European Banks Boosts Fear Sentiment CEP News- Next Wave of Banking Crisis to come from Eastern Europe Center for Research on Globalization- US markets near November lows Financial Post- Owen Sound Sun Times - CBC.caall 644 news articles -
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Canadian regulators check out Stanford Financial's Montreal office -...
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As of: 2009-02-19
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guardian.co.uk- Canadian regulators check out Stanford Financial's Montreal office- CBC.ca, Canada- According to federal officials, the Montreal office was permitted only to market the company's services, and it was not allowed to accept any deposits for the bank itself. The head of the Montreal office, Alain Lapointe, refused to comment when ...- Stanford used TD Bank, HSBC's services: report Reuters Canada- Billionaire's bank customers denied their deposits CTV.ca- FBI hands Stanford fraud charges in Virginia Canada.com- Globe and Mail - Reuters Canadaall 5,669 news articles -
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CIBC and Royal Bank continue to face MBIA risk - National Post
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As of: 2009-02-19
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CIBC and Royal Bank continue to face MBIA risk- National Post, Canada- Mortgage insurer MBIA Inc.?s announcement on Wednesday that it is separating its traditional municipal business from its more troubled line of insuring structured-finance products serves as a reminder of potential losses at two Canadian banks. ... -
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Food bank in need - Canada.com
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As of: 2009-02-19
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Food bank in need- Canada.com, Canada- The Food Bank on the Edge has an all-time high record number of clients and a serious food supply shortage. "Christmas donations were down and the next big event we have planned is not until the pancake breakfast at Ukee Days," says food bank ... -
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Near-term earnings expectations reduced for Canadian banks - National Post
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As of: 2009-02-19
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Near-term earnings expectations reduced for Canadian banks- National Post, Canada- Canadian banks face a steady erosion of their profitability in the coming months as the economy slows and more loans go bad, according to Brad Smith at Blackmont Capital. ?Given the rapid pace of deterioration in North American employment and the ... -
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INSURANCE NEWS ABOUT - The Banks
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