'Weak competition' among banks
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Four NI banks face investigation by the Competition Commission over claims they rip off customers.
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British bank Barclays&#39; bid for Dutch bank ABN Amro is too low compared to the consortium bid, ABN Amro chairman Rijkman Groenink told a shareholders meeting Thursday.
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The Fed's new subprime mortgage plans don't do enough and do too much at the same time.
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But a rival bid and continuing turbulence in financial markets left the outcome of the worldâs biggest banking battle still uncertain.
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Smaller banks find problems in some commercial real estate loans.
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Frustrated in a domestic market that offers them little chance to grow, many a Canadian bank has ventured south to the US market in a hunt for the prize asset that will vault them into the Big Time.
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The banking company is holding up in a tough market.
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NEW YORK - Strained by a tight credit market, the nation's economy should stumble along at a slower pace in coming months, but it may find help from lower interest rates and possible employment gains.
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The recent woes of Citigroup   have encouraged some investment bankers to talk up the chances  that the biggest U.S. bank might feel pressure to buy a major  U.S. rival, with Wells Fargo & Co.  and even Goldman  Sachs Group  touted as potential merger partners.
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Business & money: Banks may be forced to seek huge injections of fresh capital as the credit crunch shows no sign of abataing
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The Spanish bank poised to take over Britain&#39;s Abbey National will walk away if the Â£8.2bn (â¬12.1bn) deal is stalled by competition concerns, it was reported today.
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Banks and building societies fail to pass on about a fifth of recent interest rate rises to savers, the BBC finds.
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U.S. and European banks including  Citigroup Inc  and HSBC Holdings PLC  are mulling  sales of parts of their businesses from branches to entire  units in a nod to crunch times ahead, the Wall Street Journal  reported on its Web site on Thursday.
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Blue chips closed lower, with the banking reporting season off to a bad start as mid-cap Bradford & Bingley's shares lost 23 percent after its results, and the Bank of England's hawkish inflation report having a more widespread negative effect, though Wall Street was higher.
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The European Central Bank lends money to banks at below-market rates as a means of tackling the credit crunch.
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Some big banks report poor quarterly results and many bankers are surprised. Why?
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A number of banks have eyed up a takeover move for Northern Rock -  but no deal looks likely soon, the BBC learns.