Bank

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Wells Fargo leads bank shares to huge gains
(Reuters via Yahoo! News - Jul 16, 2008)

Wells Fargo & Co led U.S. bank shares to their biggest gains in well over a decade on Wednesday after reporting a surprisingly high profit and increasing its dividend.

news.yahoo.com/s/nm/20080716/bs_nm/banks_shares_dc_3

Sector Wrap: Regional bank shares advance
(AP via Yahoo! Finance - Jul 16, 2008)

Regional bank shares advanced Wednesday, in line with the broader market, as Wells Fargo & Co.'s milder-than-expected second-quarter loss and decision to boost its dividend instilled some confidence in the sector.

biz.yahoo.com/ap/080716/sector_wrap_regional_banks.html?.v=1

Worried customers want their money from SoCal bank
(AP via Yahoo! Finance - Jul 16, 2008)

Diane Klein wasn't sure what she would trust more to hold her money -- IndyMac Bank or a hole in her backyard. The retired teacher was among hundreds of people who have crowded outside IndyMac Bank branches across Southern California this week, many waiting hours in line to withdraw their funds from the failing bank that was seized by federal regulators.

biz.yahoo.com/ap/080716/indymac_customers.html?.v=2

Perry criticized for skipping British Open in favour of US Bank Championship
(Canadian Press via Yahoo! News - Jul 16, 2008)

MILWAUKEE - Kenny Perry is tired of being criticized for choosing to play in the U.S. Bank Championship instead of the British Open.

news.yahoo.com/s/cpress/20080716/ca_pr_on_go/golf_perry_back...

Wells Fargo leads bank shares to big gains
(Reuters via Yahoo! News - Jul 16, 2008)

Wells Fargo & Co led U.S. bank shares to big gains on Wednesday after reporting a surprisingly high profit and increasing its dividend.

news.yahoo.com/s/nm/20080716/bs_nm/banks_shares_dc_2

What you need to know in the event of a massive bank failure
(CNNMoney.com via Yahoo! Finance - Jul 16, 2008)

The chances are your bank is not going to shut down overnight.

biz.yahoo.com/cnnm/080716/071608_bank_safety.html?.v=6

Fitch cuts Bank of America's default rating
(AP via Yahoo! Finance - Jul 16, 2008)

Credit ratings agency Fitch Ratings cut the issuer default rating of Bank of America Corp. and its banking subsidiary due to an expected drag on profitability because of continued deterioration in the credit and consumer lending markets.

biz.yahoo.com/ap/080716/bank_of_america_ratings.html?.v=1

Russian Coreflood Gang targets online bank accounts
(USATODAY.com via Yahoo! News - Jul 16, 2008)

Call them the Coreflood Gang. A ring of cyber bank robbers from southern Russia has quietly perfected a way to get a beachhead inside company networks.

news.yahoo.com/s/usatoday/20080716/tc_usatoday/russiancorefl...

Man jailed for bank theft attempt
(BBC News - Jul 16, 2008)

A conman who told bank staff his real name when trying to steal £5,000 is jailed for six months.

news.bbc.co.uk/go/rss/-/1/hi/scotland/tayside_and_central/75...

Do we ever switch bank accounts?
(BBC News - Jul 16, 2008)

The Office of Fair Trading's report has raised the question of whether consumers ever change bank accounts.

news.bbc.co.uk/go/rss/-/1/hi/business/7509705.stm