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Rollover blues loom for banks The Australian < Prev of 2 Next > THE big four Australian banks will be forced to roll over, at almost double the original cost, debt of more than $65 billion that was backed by the government guarantee at the peak of the global financial crisis. Rising bank funding costs to hit debt roll over |
![]() The Guardian | Bank shares still on life support despite ECB boost Reuters By Francesco Canepa | LONDON (Reuters) - Ailing bank shares managed their biggest monthly gain in 18 months after a big injection of European Central Bank liquidity in December, but a second dose next month is less likely to rouse them from their ... Euro-Zone Bank-Lending Growth Slows EU avoided 'major, major credit crunch' Bankers cheer game changer of ECB Christmas cash |
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First Banks, Inc. Announces Fourth Quarter 2011 Results MarketWatch (press release) LOUIS, Jan 27, 2012 (BUSINESS WIRE) -- First Banks, Inc. (the "Company") , the holding company of First Bank, today announced a net loss of $15.9 million for the three months ended December 31, 2011 as compared to a net loss of $51.4 million for the ... |
![]() USA TODAY | Obama Administration And Banks Near Deal On Mortgage Fraud Legal Liability Huffington Post WASHINGTON -- The Obama administration, state attorneys general, and the nation's largest banks are close to a final settlement on the years-long struggle over allegations of massive foreclosure fraud, according to several sources familiar with the ... Proposed Mortgage Deal Said to Be Limited to Foreclosures Mortgage deal draws detractors from all sides Banks square in mortgage fraud crosshairs again |
Spanish bank reform likely to need public cash Reuters By Sonya Dowsett | MADRID (Reuters) - Spain's center-right government is hoping a bank reform package to be unveiled in February will represent a big step towards setting the ailing sector back on the road to health. Trouble is, its hopes of avoiding ... |
![]() Sydney Morning Herald | Changing gears on the factory floor Sydney Morning Herald The language was dry, but the tale that the economist Gary Banks told at a Canberra gathering of businesspeople one night in November had all the scary elements of a bedtime story, of a land once great whose citizens squandered their good fortune ... |
![]() swissinfo.ch | Oldest Swiss bank falls victim to US tax probe Reuters By Katie Reid | ZURICH (Reuters) - Wegelin, Switzerland's oldest bank, has been forced to sell its non-US business to shield it from the fallout over a row with US authorities, which have threatened to charge it with helping US taxpayers to hide assets ... Raiffeisen Buys Bank Wegelin's Non-US Operations Odier Says It's 'Regrettable' Swiss Bank Wegelin Had to Sell US tax scandal brings down Wegelin |
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