Bank Page: The newest news, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
Australia's central bank said Tuesday it would keep its benchmark interest rate on hold at the current 12-year high of 7.25 percent, though it suggested a rate cut could be on the agenda in the coming months. biz.yahoo.com/ap/080805/australia_economy.html?.v=1
China Development Bank is likely to bid for Dresdner Bank, Germany’s third-largest lender by assets, marking what could be the largest overseas acquisition by a Chinese company, according to a published report Tuesday. www.marketwatch.com/enf/rss.asp?guid=%7BCAB70616-636D-420E-8...
Ecuador's government said Monday it would seize a family business group's stock shares in 58 companies to help recover debts generated by the collapse of the family's former bank. news.yahoo.com/s/ap/20080805/ap_on_re_la_am_ca/ecuador_stock...
Hearings in a closely watched, $22 billion lawsuit against the Bank of New York in a Russian court were postponed until October after one of the witnesses fell ill. www.nytimes.com/2008/08/05/business/worldbusiness/05fobriefs...
Israel sent dozens of Fatah members who had fled clashes in the Gaza Strip to the West Bank on Monday amid concern that others who returned to the Hamas-ruled territory were in mortal danger. news.yahoo.com/s/afp/20080804/wl_afp/mideastunrestgazaisrael...
The dollar fell against the euro Monday as investors digested news of a large drop in profits at British bank HSBC. money.cnn.com/rssclick/2008/08/04/markets/dollar_write/index...
Israel drove 88 Palestinians allied to President Mahmoud Abbas to the West Bank on Monday two days after they fled clashes with Hamas in Gaza that cemented the Islamist group's hold on the coastal enclave. news.yahoo.com/s/nm/20080804/wl_nm/palestinians_israel_gaza_...
Scores of Fatah allies who fled to Israel from the Gaza Strip sought refuge in the West Bank on Monday after Israel decided they would face "immediate danger" from Gaza's Hamas rulers if they were returned home. news.yahoo.com/s/ap/20080804/ap_on_re_mi_ea/israel_palestini...
Q: Bank of America was recently sporting a dividend yield of more than 11%, doesn't that mean the bank is nearly certain to cut the dividend? www.usatoday.com/money/perfi/columnist/krantz/2008-08-04-ban...
The Bank of New York will have until October to prepare expert testimony in defense of a more than $22 billion lawsuit brought by Russian authorities against the bank for one of the largest money laundering scandals of recent memory. www.iht.com/articles/2008/08/04/business/bony.php
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