Posts Tagged ‘bank’

Greece Sets June 17 for Vote

Wednesday, May 16th, 2012

While citizens start pulling euros from the bank.

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Greece Sets June 17 for Vote

Export-Import Bank reauthorized by Senate

Tuesday, May 15th, 2012

On a broad bipartisan vote of 78 to 20, the Senate voted Tuesday to extend the life of the U.S. Export-Import Bank and expand its authority to make loans to U.S. exporters. In the “Schoolhouse Rock” version of how Capitol Hill works, this is what Congress does all the time — passes legislation. Read full article > >

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Export-Import Bank reauthorized by Senate

Obama: J.P. Morgan ‘One of Best Managed Banks’

Monday, May 14th, 2012

Says bank is one of the ‘best managed’ on Wall Street.

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Obama: J.P. Morgan ‘One of Best Managed Banks’

Dimon Says JPMorgan Made an ‘Egregious Mistake’

Sunday, May 13th, 2012

Jamie Dimon, JPMorgan’s chief executive, said in an interview on Sunday that he was “dead wrong” when he dismissed concerns about the bank’s trading.

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Dimon Says JPMorgan Made an ‘Egregious Mistake’

Five dead as floods hit Tbilisi

Sunday, May 13th, 2012

A river bursts its banks in the Georgian capital Tbilisi, flooding parts of the city and leaving at least five people dead and dozens injured.

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Five dead as floods hit Tbilisi

China bank bid to boost economy

Sunday, May 13th, 2012

China cuts the amount banks have to hold in reserve in a bid to boost its slowing economy.

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China bank bid to boost economy

Arrests in Occupy London protest

Sunday, May 13th, 2012

Eleven people are arrested as Occupy protesters pitch tents outside the Bank of England on a day of demonstrations in London.

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Arrests in Occupy London protest

JPMorgan faces growing scrutiny

Saturday, May 12th, 2012

US bank JPMorgan Chase faces stiff criticism from politicians after admitting a $2bn loss that led to a nosedive in its share price.

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JPMorgan faces growing scrutiny

JPMorgan Chase Fought Rule on Risky Trading

Saturday, May 12th, 2012

JPMorgan Chase fought for the ability for banks to make big bets in their portfolios, including some of the types of trading that led to the $2 billion loss now rocking the bank.

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JPMorgan Chase Fought Rule on Risky Trading

Heist suspect’s deportation filed

Friday, May 11th, 2012

A former security guard arrested in the US over a £1m bank theft in Suffolk in 1993 is expected to be deported back to the UK.

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Heist suspect’s deportation filed

JPMorgan shares plunge on loss

Friday, May 11th, 2012

Shares in JPMorgan Chase, the biggest US bank, dive 9% after it reveals a surprise trading loss of $2bn (£1.2bn) on complex investments.

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JPMorgan shares plunge on loss

Extra capital for Spanish banks

Friday, May 11th, 2012

The Spanish government is to force its banks to take on an extra 30bn euros of capital to cushion themselves against loans going bad.

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Extra capital for Spanish banks

Northern Bank conviction quashed

Friday, May 11th, 2012

Man jailed for laundering £2.4m of Northern Bank robbery cash has his conviction quashed on appeal.

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Northern Bank conviction quashed

Stock Futures Fall on JP Morgan

Friday, May 11th, 2012

After bank posed $2 billion in losses.

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Stock Futures Fall on JP Morgan

DealBook: A Shock From JPMorgan Is New Fodder for Reformers

Friday, May 11th, 2012

JPMorgan Chase’s $2 billion trading loss could aid supporters of tighter industry regulation as they fight a last-ditch battle with the banks over new federal rules.

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DealBook: A Shock From JPMorgan Is New Fodder for Reformers