Banking News

Citigroup shares face struggle post-reverse split

23:47:42 | 09/05/2011 - Source: WNFL-AM Green Bay

Citigroup discovered on Monday that reverse splits can be a somewhat painful exercise.

Financial Stocks: Citi falls after reverse split; financials weak

19:28:11 | 09/05/2011 - Source: Market Watch

Shares of Citigroup Inc. slipped Monday, but briefly topped $45 a share for the first time since 2007, after a 10-for-1 reverse stock split went into effect.

ECB's Trichet: Rich countries must fix finances

15:18:34 | 09/05/2011 - Source: The Boston Globe

Rich countries like the U.S., Japan and Britain need to move quickly to get their deficits under control, the head of the European Central Bank said Monday.

Barclays takes provision; banks cede PPI fight

11:04:06 | 09/05/2011 - Source: Market Watch

Barclays PLC said Monday that it will take a 1 billion pound provision to cover the mis-selling of payment-protection insurance as the U.K.'s banking industry gave up its long-running legal fight with regulators.

HSBC delays decision on HQ relocation

06:59:23 | 09/05/2011 - Source: Market Watch

HSBC Holdings PLC has delayed a decision on whether to move its headquarters out of the U.K., as the bank prepares to reveal its strategy review this week, The Sunday Times reported, without citing sources.

JPMorgan raises oil price forecasts to US$120 a barrell

02:54:52 | 09/05/2011 - Source: The Star Online

Producers not matching rising demand, says bank LONDON: JPMorgan Chase & Co raised its oil price forecasts because Organisation of Petroleum Exporting Countries and other producers aren't matching rising demand and consumers will take time to react to higher prices.

All men would be tyrants if they could'

22:50:16 | 08/05/2011 - Source: Colorado Statesman

It's not every day that the usually courtly Justice Greg Hobbs provokes his learned colleague on the Colorado Supreme Court, Justice Nancy Rice, to figuratively blow her top - while a distinguished audience of judges and attorneys bursts into rollicking laughter and appreciative applause.

Columbus, Ind., house touted as modernist marvel

18:35:41 | 08/05/2011 - Source: Community Press & Recorder

Columbus, Ind., house touted as modernist marvel Comments Every object in the house belonged to industrialist J. Irwin Miller and his family, providing a glimpse into their lives.

More confident China confronts US in latest talks

14:31:05 | 08/05/2011 - Source: Albany Times Union

Treasury Secretary Timothy Geithner leaves Blair House in Washington, Thursday, May 5, 2011, following a meeting on deficit reduction hosted by Vice President Biden with congressional Republicans and Democrats.

BMO Supports Monteregie Flood Victims with $25,000 Donation to the Quebec Red Cross

10:16:32 | 08/05/2011 - Source: EIN News

BMO Financial Group today announced it will contribute $25,000 to assist the Quebec Red Cross in its relief efforts in flooded communities along the Richelieu River in the Monteregie region of Quebec.

Berkshire takes $506 million writedown

06:12:06 | 08/05/2011 - Source: Market Watch

Warren Buffett's Berkshire Hathaway Inc. took a $506 million write-down on the value of some of its shares of Wells Fargo & Co.

TD Bank to close Lexington call center

02:11:14 | 08/05/2011 - Source: Charleston Business Journal

TD Bank plans to close its Lexington Call Center in June and consolidate those operations at existing centers in Auburn, Maine, Springfield, Mass, and Mount Laurel, N.J., a spokeswoman said today.

View This Listing

22:11:37 | 07/05/2011 - Source: American City Business Journals

WALGREENS & BofA - Very Affluent Market ! WALGREENS & BofA - Very Affluent Market ! 13926 Lee Highway Centreville, VA 20120 Price: $22,998,000 Building Size: 18,078 SF Space Available: 0 SF PLEASE CLICK THE LINK ABOVE FOR A COMPLETE MARKETING PACKAGE, MORE WALGREENS FOR SALE, AND FOR RECENT ARTICLES RE: WALGREEN COMPANY.

Fed official says oil price no peril yet

13:47:30 | 07/05/2011 - Source: Arkansas Online

Oil prices are high, but one theory holds that they are not high enough to threaten the country's economic recovery, James Bullard, president of the Federal Reserve Bank of St.

Biz Break: Is Apple ditching Intel in favor of ARM processors?

09:42:55 | 07/05/2011 - Source: SiliconValley.com

Is Apple parting ways with Intel? The big rumor that has Silicon Valley abuzz today is that Apple is going to ditch partner and chip giant Intel and switch to ARM processors.