Results forInvestment Bank
Geldof seeks $1bn for African investment
Yesterday - Financial Times
The singer and campaigner for aid to the continent is seeking to raise money from institutional investors for a private equity venture on the continen...
Fired Bond Trader, TD Bank Settle Suit Over Incorrect Pricing
1 hour 8 minutes ago - Business Week
A bond trader fired by Toronto- Dominion Bank after an investigation into incorrectly priced credit derivatives settled a lawsuit in which the bank so...
Banks admit better disclosure on bonuses needed
3 hours 28 minutes ago - Reuters
LONDON (Reuters) - Banks have acknowledged they need to be more open about the size of their bonus pools and the methodology for paying star bankers a...
Megabanks Will Shrink, Bernanke Tells Financial Crisis Commission, Yet Doubts Over Too Big To Fail Remain
9 hours 1 minute ago - The Huffington Post
In one of his most definitive statements on the subject to date, the nation's central banker said Thursday that he expects some of the nation's megaba...
Kokusai Buys Record World Bank Debt in Push for Yield
Yesterday - Business Week
Japanese investors are scooping up record amounts of bonds sold by the World Bank and state-backed lenders, seeking higher returns as government debt...
Mirae Asset Favors Korean Banks on Possible Rate Rise
Yesterday - Business Week
Mirae Asset Securities Co. favors South Korea’s life insurance and bank stocks, saying that the central bank is likely to raise interest rates as ea...
Banks are cutting use of bonuses to recruit
Yesterday - Financial Times
Guaranteed bonuses accounted for about 5% of the bonuses paid out for 2009 at 37 leading financial companies surveyed by the Institute of Internationa...
Bank middle-manager BankSimple raises $2.9M to not be a bank
Yesterday - Venture Beat
BankSimple, the not-quite-a-bank provider of front-end services for a number of treasury-focused banks, raised $2.9 million in its first round of fund...
Boring-Is-Sexy Credo Won’t Let German Private Banks Dodge Rules
Yesterday - Business Week
Germany’s private banks, which trace their roots back as far as the 16th century, survived two World Wars, the Great Depression and the financial cr...
Alistair Darling: Bankers' Bonus Tax FAILED
Yesterday - The Huffington Post
The Labour politician said the tax was likely to be a "one-off" and won't be reinstated by the Coalition, because it had failed to change behaviour in...
Deutsche Bank Seeks to Foreclose on Moinian NYC Tower
Yesterday - Business Week
A unit of Deutsche Bank AG sued to foreclose on the Manhattan office tower that formerly housed Newsweek magazine, claiming that developer Joseph Moin...
Karzai Kin Asks U.S. to Bolster His Bank
Yesterday - Wall Street Journal
A top shareholder in Kabul Bank called on the U.S. to shore up the lender after depositors withdrew about a third of its cash reserves in two days, wh...
Run on Afghan bank's deposits reported
Yesterday - MSNBC
The Afghan president's brother confirms to NBC News that Kabul Bank funds were used to buy villas in Dubai but urges the U.S. to step in to prevent a...
Karzai Says Afghanistan Has Assets to Stem Crisis at Kabul Bank
Yesterday - Business Week
Afghan President Hamid Karzai said his government can provide any needed support to the country’s largest commercial bank, hours after customers cro...
Kabul Bank Bailout? Mahmoud Karzai, President's Brother, Calls For U.S. To Shore Up Bank
Yesterday - The Huffington Post
As depositors thronged branches of Afghanistan's biggest bank, Mahmoud Karzai, the brother of the Afghan president and a major shareholder in beleague...
Ambitious Online Banking Alternative Scores $2.9 Million in Series A
Yesterday - Mashable!
Banksimple has just raised $2.9 million in a Series A round to fund their ambitious alternative online banking startup for full-service, fee-free bank...
New York Pension Cuts Investment Outlook, Raises Contributions
Yesterday - Business Week
New York’s $132.6 billion pension fund, the nation’s third-largest, reduced the assumed rate of return on its investments to 7.5 percent from 8 pe...
Bundesbank Asks German President to Dismiss Sarrazin
Yesterday - Business Week
The Bundesbank said it will ask German President Christian Wulff to dismiss board member Thilo Sarrazin after his remarks about Muslim immigrants and...
Royal Bank of Scotland Plans to Cut 3,500 Jobs
Yesterday - New York Times
The layoffs represent about 2 percent of the remaining work force of the bank, which is seeking to pay back a taxpayer-financed bailout
Trichet Says ECB to Extend Emergency Bank Lending
Yesterday - Business Week
European Central Bank President Jean-Claude Trichet extended emergency lending measures for banks into 2011, remaining in crisis mode as the risk of a...
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