Ikano Bank Chooses Neolane to Streamline Its Marketing and Customer Communications – MarketWatch (press release)

, May 21, 2012

COPENHAGEN, Denmark & TWICKENHAM, England, May 21, 2012 (BUSINESS WIRE) — Conversational marketing technology provider Neolane today announced Ikano Bank as its latest financial services customer in Europe.


Tags: , , , , , , ,
Posted in bank | No Comments » |

JPMorgan Chase: Break Up the Big Banks Now. Here’s How. – Huffington Post (blog)

, May 21, 2012

HuffPost’s QuickRead… Loading..


Tags: , , , , , , , ,
Posted in bank | No Comments » |

Spanish Bank Downgrade Causes Fresh Pain for British Banks – MarketWatch (press release)

, May 21, 2012

LONDON, May 21, 2012 /PRNewswire via COMTEX/ — British banks suffered a kick in the teeth on Friday as the implications of Moody’s rating downgrade of Spanish banks hit home for the first time and investors exited out of UK bank stock trades over fears of more stormy weather coming in from the continent. Use our following spread betting guide to research the news out of Europe and how you can take a position with Finspreads on British banks.


Tags: , , , , , , , ,
Posted in bank | No Comments » |

Osborne’s Scope to Reshape Bank of England Widens on Posen Exit – Bloomberg

, May 20, 2012

Chancellor of the Exchequer George Osborne’s scope to reshape the Bank of England just got wider as the departure of policy maker Adam Posen lengthens the list of key staff to appoint as he also redesigns the institution. Posen, 45, will leave the central bank at the end of August before becoming president of the Washington-based Peterson Institute, according to a statement released May 18 in London


Tags: , , , , , , , , , , , ,
Posted in bank | No Comments » |

Hedge Funds Rebuild Bearish Euro Bets for Greek Exit Banks Weigh – Bloomberg

, May 20, 2012

The euro has weathered the worst financial crisis since the Great Depression, bailouts of Greece, Ireland and Portugal, and falling interest rates. Now, investors are betting like never before that a Greek exit would be too much to keep the 17-nation currency above its long-term average. Hedge funds and other large speculators, which pared trades that would profit from a drop in the euro to the lowest levels since November, rebuilt them to a record high last week, figures released May 18 by the Washington-based Commodity Futures Trading Commission showed.


Tags: , , , , , , , , , , , , ,
Posted in bank | No Comments » |

Europe Needs a Genuine Financial Union – Wall Street Journal

, May 20, 2012

Confidence in the European banking system is crumbling. Last week, Spanish and Greek authorities both had to deny reports of a run on their banks. But the fact these reports are circulating underlines the fragility of the situation


Tags: , , , , , , , , , , , , , ,
Posted in bank | No Comments » |

Banking Burnouts Blow Away Myths of Wall Street Glamour – Bloomberg

, May 20, 2012

About William D Cohan William D. Cohan is the author of the recently released “Money and Power: How Goldman Sachs Came to Rule the World” and the New York Times bestsellers “House of Cards” and “The Last Tycoons.” More about William D Cohan Ever since March, when the New York Times decided to make a cause celebre out of the resignation of Greg Smith, a vice president at Goldman Sachs Group Inc


Tags: , , , , , , , , , , , ,
Posted in bank | No Comments » |

Europe’s Worst Fear: Spain and Greece Spiral Down Together – New York Times

, May 20, 2012

By LANDON THOMAS Jr. Published: May 20, 2012 LONDON — In a season of nightmare projections for Europe, this one could be the scariest: Greek leaves the euro currency union at the same time Spain’s banking system is collapsing. In many ways, the market convulsion last week was a test run for those crises, as political deadlock in Greece and mounting fears over the health of Bankia, one of the largest consumer banks in Spain, converged


Tags: , , , , , , , , , , ,
Posted in bank | No Comments » |

Community banks say goodbye to SEC registration – Washington Post

, May 20, 2012

John Marshall Bank in Reston has de-registered its shares with the Securities and Exchange Commission, taking advantage of a provision in the JOBS Act permitting small banks to opt out of the costly regulatory requirement. The statute was designed to make it easier for small institutions to raise capital without contending with tens of thousands of dollars in compliance costs. When a bank raises money by issuing stock, it could be required to report its financial activities to the SEC once it reaches a certain number of shareholders


Tags: , , , , , , , , , , ,
Posted in bank | No Comments » |

Israel convicts Palestinian protest leader – Fox News

, May 20, 2012

OFER MILITARY BASE, West Bank –   An Israeli military court on Sunday convicted a Palestinian protest leader of urging youths to throw rocks at Israeli soldiers, ruling in a case that sparked international criticism of Israeli practices in the West Bank. Bassem al-Tamimi — a symbol of Palestinian opposition to Israeli military rule praised by the European Union as a human rights defender — was convicted largely because of a confession by a 15-year-old interrogated without a lawyer.


Tags: , , , , , , , , , ,
Posted in bank | No Comments » |