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Sat, 7 Nov 2009 14:10:00 GMT

G20: Brown urges ministers to consider bank tax

British Prime Minister Gordon Brown urged G20 finance ministers gathered in St Andrews to urgently consider a financial transactions levy on banks to make them more accountable to society. AFP - British Prime Minister Gordon Brown called on the G20 here
Sat, 7 Nov 2009 14:10:00 GMT

Britain gives impetus to global tax on banks

By Huw Jones ST ANDREWS, Scotland (Reuters) - World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global tax.
Sat, 7 Nov 2009 14:08:00 GMT

UK gives ground on global tax on banks

ST ANDREWS, Scotland (Reuters) - World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global tax. France and Germany
Sat, 7 Nov 2009 14:07:00 GMT

U.S. regulators close Gateway Bank, Prosperan Bank

WASHINGTON (Reuters) - Bank regulators closed Gateway Bank of St. Louis, in St. Louis, Missouri, and Prosperan Bank, of Oakdale, Minnesota, on Friday, the 118th and 119th U.S. bank to fail this year. The Federal Deposit Insurance Corp said Gateway Bank
Sat, 7 Nov 2009 14:06:00 GMT

Citigroup Issues Employees Stock Options

The giant U.S. bank Citigroup says it is distributing stock options to its employees in a bid keep them on board at the bailed-out institution. An estimated one-quarter of its workers, about 75,000 employees, would be covered by the stock option program,
Sat, 7 Nov 2009 14:06:00 GMT

Gordon Brown calls for global bank bailout fund

The prime minister tells G20 taxpayers must be protected from bearing the cost of failure by world's banks The prime minister, Gordon Brown, has called for a new "economic and social contract" with the world's banks to ensure that the cost of their
Sat, 7 Nov 2009 14:05:00 GMT

PM Suggests 'Bank Tax' To Protect Public

Gordon Brown has called on G20 leaders to consider a tax on financial transactions to protect taxpayers and make banks more accountable. The Prime Minister floated the idea in a speech to world finance leaders at the G20 summit in St Andrews, Scotland.
Sat, 7 Nov 2009 14:04:00 GMT

Golf: HSBC Women's Champions to return in 2010 with smaller field, reduced purse

SINGAPORE: The HSBC Women's Champions event will be back next year, after two successful editions in 2008 and this year. The latest announcements put to rest earlier speculations that the event would be cancelled due to the economic crisis. The
Sat, 7 Nov 2009 14:04:00 GMT

United Commercial Bank 120th bank to fail this year in U.S.

The San Francisco-based United Commercial Bank reopen Saturday as branches of East West Bank after it was shut down by regulators Friday night and immediately sold to the Pasadena-based East-West Bancorp. The California Department of Financial
Sat, 7 Nov 2009 14:01:00 GMT

BRIEF: 1st Summit Bancorp earns $1.4M in quarter

Richland Township-based 1st Summit Bancorp Inc., the parent company of 1st Summit Bank, said recently it earned $1.4 million for the quarter ending Sept. 30. The earnings compare with $1.2 million earned in the third quarter of 2008, an increase of 16
Sat, 7 Nov 2009 14:01:00 GMT

KC area banks acquire branches of failed institutions

Two banks in the Kansas City area acquired the branches of failed institutions outside the area on Friday. Central Bank of Kansas City gained the only office of Gateway Bank of St. Louis, which failed Friday. Central assumed all of the St. Louis bank's
Sat, 7 Nov 2009 14:01:00 GMT

Driver suspected in Bank of France van heist (Reuters)

LYON, France (Reuters) French police are looking for the driver of a security van suspected of driving off with more than 10 million euros ($14.85 million) after the man vanished, apparently after first clearing out his flat. The van disappeared early on
Sat, 7 Nov 2009 14:01:00 GMT

Profit not Satanic, says wealthy banker.

Profit Not Satanic, Says Wealthy Banker The moment everyone expected but no one was waiting for has arrived: Unemployment is in double digits. The New York Times says that 10.2 percent is a twenty-six year high in the sixty-year history of government
Sat, 7 Nov 2009 13:56:00 GMT

Baxter to Make Presentation at the 2009 Annual Credit Suisse Health Care Conference

Baxter International Inc. has announced that it will present at the 2009 Annual Credit Suisse Health Care Conference on Wednesday, November 11, at 2 p.m. (MST) or 4 pm (EST). The live webcast of Baxter's presentation along with the accompanying slides
Sat, 7 Nov 2009 13:56:00 GMT

Savvis to Participate in Cloud Computing Panel Discussion at Goldman Sachs Data Center Techtonics Conference 2009

ST. LOUIS, Nov. 6 /PRNewswire-FirstCall/ -- Savvis, Inc. (Nasdaq: SVVS), a global leader in outsourced internet IT infrastructure services for enterprises, announced today that Bryan Doerr, chief technology officer, will be participating in a panel
Sat, 7 Nov 2009 13:54:00 GMT

Ameris Bancorp Announces Acquisition of United Security Bank

MOULTRIE, Ga., Nov. 6 /PRNewswire-FirstCall/ -- AMERIS BANCORP (Nasdaq GS: ABCB), announced today that its wholly-owned subsidiary, Ameris Bank, has entered into a definitive agreement with the Federal Deposit Insurance Corporate ('FDIC') to assume all
Sat, 7 Nov 2009 13:53:00 GMT

Iran rejects US reasons to sanction Bank Mellat

The U.S. Treasury on Thursday sanctioned Iran's state-owned Bank Mellat in Malaysia and its chairman, labelling them as proliferates of weapons of mass destruction. The U.S. Treasury said it named First East Export Bank, a Bank Mellat subsidiary located
Sat, 7 Nov 2009 13:52:00 GMT

AMCORE Bank completes sale of 2 Wisconsin branches

AMCORE Financial unit AMCORE Bank completed the sale of two of its branches in the Wisconsin communities of Monroe and Argyle to Centre 1 Bancorp unit Beloit, Wis.-based First National Bank and Trust. Industries: Bank Referenced Companies: AMCORE
Sat, 7 Nov 2009 13:52:00 GMT

Banking reforms dominate G-20 talks

Differences over exiting economic stimuli, reforming banking system and fighting climate change are threatening to derail efforts of Finance Minister Pranab Mukherjee and his G-20 counterparts as they met on Saturday in Scotland to pursue an agenda of
Sat, 7 Nov 2009 13:52:00 GMT

Britain gives impetus to global tax on banks (Reuters)

ST ANDREWS, Scotland (Reuters) World governments should consider urgently a levy on banks to fund future bailouts, said on Saturday, departing from London's longstanding resistance to a global tax. France and Germany have led the way in Europe in seeking
Sat, 7 Nov 2009 13:51:00 GMT

Iran rejects US reasons to sanction Bank Mellat

TEHRAN, Nov 7 (Reuters) - Iran rejected on Saturday as 'baseless' the reasons given by the United States for sanctioning a Malaysian-based subsidiary of its second-largest bank, the official IRNA news agency reported. The U.S. Treasury on Thursday
Sat, 7 Nov 2009 13:50:00 GMT

REAL ESTATE: Housing crisis redefines broker-banker relationships

In his 17 years as a mortgage broker, Edward Kampf developed long-standing relationships with banks that would provide home loans to his customers. But when the housing crisis hit, some lenders began turning their backs on brokers -- the mortgage
Sat, 7 Nov 2009 13:48:00 GMT

Citigroup issues employees stock options

The giant U.S. bank Citigroup says it is distributing stock options to its employees in a bid keep them on board at the bailed-out institution. An estimated one-quarter of its workers, about 75,000 employees, would be covered by the stock option program,
Sat, 7 Nov 2009 13:48:00 GMT

REAL ESTATE: Housing crisis redefines broker-banker relationships

In his 17 years as a mortgage broker, Edward Kampf developed long-standing relationships with banks that would provide home loans to his customers. But when the housing crisis hit, some lenders began turning their backs on brokers -- the mortgage
Sat, 7 Nov 2009 13:47:00 GMT

Britain gives impetus to global tax on banks

ST ANDREWS, Scotland (Reuters) - World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global tax. France and Germany
Sat, 7 Nov 2009 13:46:00 GMT

Britain gives impetus to global tax on banks

By Huw Jones ST ANDREWS, Scotland (Reuters) - World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global tax.
Sat, 7 Nov 2009 13:45:00 GMT

UK joins G20 push for levy on banks

ST ANDREWS, Scotland (Reuters) - Britain threw its weight on Saturday behind proposals to impose a global levy on banks to fund future bailouts and called on the G20 to work towards a $100 billion (60 billion pounds) deal to meet the cost of climate
Sat, 7 Nov 2009 13:45:00 GMT

Britain gives impetus to global tax on banks

ST ANDREWS, Scotland (Reuters) - World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global tax. France and Germany
Sat, 7 Nov 2009 13:45:00 GMT

Britain gives impetus to global tax on banks

ST ANDREWS, Scotland (Reuters) - World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global tax. France and Germany
Sat, 7 Nov 2009 13:45:00 GMT

Britain gives impetus to global tax on banks

ST ANDREWS, Scotland (Reuters) - World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global tax. France and Germany
Sat, 7 Nov 2009 13:44:00 GMT