Brian Fallow: Bank set to pull the trigger
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Reserve Bank Governor Alan Bollard will fire his interest rate gun and then conspicuously reload it when he delivers his monetary policy statement on Thursday.
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NATIONAL Australia Bank is testing the water for interest in its two Irish banks but is yet to commit to selling them. NAB chief executive John Stewart said yesterday that there had been several expressions
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Starting Thursday, if you write a check, the money had better be in the account to back it up. The cash could be coming out quicker.
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Stronger financial institutions are purchasing weaker ones. Case in point: Bank of America has announced it will purchase Countrywide Financial.
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A little cash today can prevent a major financial headache later.
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JPMorgan Chase may be looking to open up its wallet and make an acquisition.
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Deb Shops has cash in the bank and more on the way.
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It used to be that going after Goliath meant taking on the banks. Now it means banks taking on the regulators.
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The bank may not be such an easy acquisition target after all.
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The retail behemoth wants to move into banking. Is it a good idea?
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BOSTON -- Actions by Bank of America after its acquisition of Fleet Boston Financial Corp. have caught the attention of the state treasurer, who has threatened to withdraw some state funds, and the Romney
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The banking company is holding up in a tough market.
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Despite a bad quarter, the bank is shrewdly planning for the future.
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A major British bank said today it had to arrange emergency funding from the Bank of England to ensure it had enough cash to keep operating, an announcement that forced European stock exchanges lower and contributed to a lower opening on Wall Street as well.
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After a $7.9 billion write-down, what's next for the financial powerhouse?
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No. 3 US bank will lay off hundreds from newly acquired Fleet branches, &#39;Boston Globe&#39; reports. NEW YORK  - Bank of America Corp. plans to lay off hundreds of tellers and other employees at Fleet bank branches, said a newspaper report Wednesday, ...
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On Thursday 13th September, after the market had closed, the Bank of England announced to have provided emergency cash to Northern Rock, the fifth largest mortgage lender in the country. The Bank of England played down the intervention, saying that it is not a "bail-out" but rather a loan meant to ease the bank's difficulties in financing its short-term operations in the face of the recent market turmoil. The bank's assets are reportedly solid and there is no risk for shareholders.  In spite of this reassurance, the stock price of this former market darling tumbled 30% on Friday. People were seen queing outside branches while the website went down as the bank clients rushed to withdraw their money using the online banking facility.  It's the first time in my life I've seen that Great Depression staple, the bank run.