 BusinessWeek For more on Europe's debt crisis, see EXT4.) Feb. 28 (Bloomberg) -- Portugal's financial-aid program remains on track and the country should achieve its 2012 deficit target based on current forecasts for the economy, international auditors say. See all stories on this topic » | ||
| Portugal passes bailout review by 'troika' Reuters Portuguese Finance Minister Vitor Gaspar said his country would not be seeking more funding beyond the current bailout. "We will not ask for more time or money," Gaspar said, adding there was no discussion of that during the IMF/EU team's evaluation of ... See all stories on this topic » | ||
| European banks to soak up more ECB money CNN By Ben Rooney @CNNMoneyMarkets February 28, 2012: 2:38 PM ET Mario Draghi, president of the European Central Bank, at a press conference earlier this month. The ECB is set to offer a second round of low-cost 3-year loans to European banks Wednesday. See all stories on this topic » | ||
| Portugal Says Third Review of Aid Program Was Successful BusinessWeek By Anabela Reis and Joao Lima (Updates with comments from financeminister in second paragraph. For more on Europe's debt crisis, click on EXT4.) Feb. 28 (Bloomberg) -- The Portuguese government said the third review of the nation's international aid ... See all stories on this topic » | ||
| FDIC says US banks in position to help economy Reuters * Banks' profits up 23 percent in 2011 * FDIC hopeful about business loan growth * FDIC says banks still face downside risks By Dave Clarke WASHINGTON, Feb 28 (Reuters) - The US bank industry has recovered to the point that it can boost the economic ... See all stories on this topic » | ||
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| Euro leaders delay decision on bigger bailout fund The Olympian By GABRIELE STEINHAUSER and GEIR MOULSON | AP • PublishedFebruary 28, 2012 BRUSSELS – The leaders of the 17 countries that use the euro have delayed a decision on whether to give their bailout funds more firepower until later in March, ... See all stories on this topic » | ||
| Global Alliance for Banking on Values in Vancouver March 8-10 MarketWatch (press release) The GABV has pledged to impact the lives of one billion people by 2020 by offering a credible alternative to the current financial system and dominantbanking model that have alienated so many during the financial crisis. Although each GABV bank is ... See all stories on this topic » | ||
| Austria Taxing Banks to Rescue Volksbanken, Preserve Budget BusinessWeek By Boris Groendahl and Zoe Schneeweiss Feb. 28 (Bloomberg) -- Austria plans to put most of the burden of bailing out Oesterreichische Volksbanken AG on the country's other lenders, raising its banking tax by 25 percent to backstop the national budget ... See all stories on this topic » | ||
| FDIC: Bank earnings hit five-year high in 2011 Huffington Post MARCY GORDON | February 28, 2012 12:22 PM EST | AP WASHINGTON — A surge in earnings by the biggest banks at the end of last year made 2011 the most profitable time for the industry in five years. More earnings and fewer troubled banks suggest the ... See all stories on this topic » | ||
| Miners lift FTSE on expectations of ECB cash boost Reuters ... Feb 28 (Reuters) - Britain's FTSE 100 crept into positive territory on Tuesday, with miners tracking metal prices higher as the anticipation of cheap European Central Bank loans flooding the financial system boosted the outlook for raw materials ... See all stories on this topic » | ||
| Markets steady as focus turns to ECB Huffington Post PAN PYLAS | February 28, 2012 07:03 AM EST | AP LONDON — Stock markets shrugged off another credit rating downgrade of Greece and eked out some modest gains Tuesday as oil prices dipped for the second day running and investors awaited another offering ... See all stories on this topic » | ||
| Stock Market News for February 28, 2012 Zacks.com The financial sector led the gains for the S&P 500. The Financial SPDR Select Sector Fund (XLF) gained 0.8% and bellwethers such as American Express Company (NYSE:AXP), Bank of America Corporation (NYSE:BAC), Citigroup, Inc. (NYSE:C), JP Morgan Chase ... See all stories on this topic » | ||
| Asia stocks gain on uptick in US housing market Boston.com By Pamela Sampson AP Business Writer / February 28, 2012 BANGKOK—Asian stocks posted muted gains Tuesday after data showed a slightly improved housing market in the US and oil prices showed signs of softening after a recent surge. See all stories on this topic » | ||
| Sri Lanka may see tyranny of markets to be worse than IMF, World Bank Lanka Business Online Feb 28, 2012 (LBO) - The pain imposed by the tyranny of markets could be much greater than adjustments caused by the International Monetary Fund or World Bank, an economist has warned. Indrajith Coomaraswamy, an economist who has been at Sri Lanka's ... See all stories on this topic » | ||
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| What is 'LTRO' and how does it work? Citywire.co.uk We explain the European Central Bank (ECB)'s plan to bolster the region'sbanks, known as the long term refinancing operation (LTRO). by Caelainn Barr on Feb 28, 2012 at 12:17 The long term refinancing operation (LTRO) is a cheap loan scheme for ... See all stories on this topic » | ||
| Euro leaders delay decision on boosting bailout fund amid disagreements CanadianBusiness.com By Gabriele Steinhauser,Geir Moulson, AP | February 28, 2012 German Chancellor Angela Merkel, right, talks with Finance Minister Wolfgang Schaeuble during the debate prior to the voting of the German Parliament Bundestag about a new Greek rescue ... See all stories on this topic » | ||
| Mobile, tablet banking on the rise BizTimes.com (Milwaukee) Of those, 45 percent planned to use the tablet for banking. Also, 37 percent of households with one tablet planned to buy another tablet. Brookfield-based Fiserv Inc. offers financial services technology solutions. Wauwatosa-based public accounting ... See all stories on this topic » | ||
| Tuesday Papers: 'Abusive' Barclays tax plans blocked Citywire.co.uk by Himanshu Singh on Feb 28, 2012 at 02:51 Financial Times: Barclays has been blocked from implementing two “highly abusive” tax schemes that could have cost the Treasury £500 million. Financial Times: Senior UK 'code staff' at HSBC received $1.2 ... See all stories on this topic » | ||
| Markets steady as focus turns to ECB STLtoday.com AP | Posted: Tuesday, February 28, 2012 6:03 am | Loading… Stock markets shrugged off another credit rating downgrade of Greece and eked out some modest gains Tuesday as oil prices dipped for the second day running and investors awaited another ... See all stories on this topic » | ||
| Turk: 'Silver Price at $68-70 in Two-to-Three Months' Forex Pros By GoldMoney News Desk | Commodities | Feb 28, 2012 12:39PM GMT At long last: the ratings agency Standard & Poor's has deemed Greece to be in “selective default”. The European Central Bank has temporarily suspended the use of Greek bonds as collateral. See all stories on this topic » | ||
| Dow in continues its push to close above 13000 San Mateo Daily Journal February 28, 2012, 05:00 AM By Joshua Freed AP A burst of selling at the closing bell drove the Dow lower after it hovered around the milestone for most of the afternoon. The average finished the day down a sliver, 0.01 percent, and about 19 points shy ... See all stories on this topic » | ||
| Global markets: Markets consolidate, oil remains risk GMA News By CHIKAKO MOGI, Reuters February 28, 2012 9:07am TOKYO - Markets consolidated on Tuesday as investors remained wary of the impact from high oil prices on growth and hoped the European Central Bank's upcoming second liquidity injection will support ... See all stories on this topic » | ||
| Euro leaders delay decision on boosting bailout fund amid disagreements Medicine Hat News Tuesday, 28 February 2012 07:57 Gabriele Steinhauser,Geir Moulson, AP BRUSSELS - The leaders of the 17 countries that use the euro have delayed a decision on whether to give their bailout funds more firepower until later in March, European officials ... See all stories on this topic » | ||
| Markets steady as investors await second-round of super-cheap loans from ... CanadianBusiness.com By Pan Pylas, AP | February 28, 2012 LONDON - Stock markets shrugged off another credit rating downgrade of Greece and eked out some modest gains Tuesday as oil prices dipped for the second day running and investors awaited another offering to banks of ... See all stories on this topic » | ||
| Global Markets Overview - 02/28/2012 NASDAQ Financial and consumer-discretionary-sector stocks were the S&P 500's best performers, while utility and energy stocks lost the most ground. Among blue chips American Express gained 1.7%, while Walt Disney rose 1.4% after analysts at Goldman Sachs ... See all stories on this topic » | ||
| The Coin Analyst: Soros, Paulson, and Buffet: How Three Billionaires View Gold CoinWeek (blog) But this year he believes that global economic and financial uncertainty will keep prices high. He recently increased his investments in the SPDR gold-backed ETF, or exchange-traded fund. Mr. Soros told CNN on February 12 that the European financial ... See all stories on this topic » | ||
| Woodford: I don't wish to dampen bulls' chips but… Citywire.co.uk by Emma Dunkley on Feb 28, 2012 at 14:34 Invesco Perpetual's star manager Neil Woodford does not believe the US economy will emerge from the bank crisis resolution period this year, contrary to the views of bullish investors who think the country is ... See all stories on this topic » | ||
| Gold and Silver Stocks Poised to Recover in 2012: Charles Oliver and Jamie Horvat InvestorIdeas.com (press release) February 28, 2012 (Investorideas.com Mining stocks newswire) Opportunities abound across the spectrum of precious metal equities, which remain undervalued as bullion prices continue their upward trends. That's the word according to Charles Oliver and ... See all stories on this topic » | ||
| World stocks gain on uptick in US housing market Bismarck Tribune AP | Posted: Tuesday, February 28, 2012 3:26 am | (1) Comments World stocks rose Tuesday amid signs of a tentative recovery in the US housing market and as oil retreated from recent highs. Stocks opened higher in Europe. Britain's FTSE 100 gained 0.3 ... See all stories on this topic » | ||
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| Hitting One Trillion in Assets AllAfrica.com By 2011, the banking sector turned a profit, liquidity levels went up and the capacity to handle risks increased significantly. When presenting the monetary policy and financial stability statement on Feb 9, 2012, the Governor of the National Bank of ... See all stories on this topic » | ||
| Poland Fights Europe's Declining Economy NuWire Investor Europe's sixth-largest economy has strong domestic demand, and has not yet adopted the euro: so it was able to devalue the zloty to maintain competitiveness. Poland's economy grew by 3.8% in 2011, and is expected to grow by 2.5% in 2012 and 2.5% in ... See all stories on this topic » | ||
| Global markets consolidate, oil remains risk mydigitalfc.com By Reuters Feb 28 2012 Markets consolidated on Tuesday as investors remained wary of the impact from high oil prices on growth and hoped the European Central Bank's upcoming second liquidity injection will support sentiment and revive risk appetite. See all stories on this topic » | ||
| Spanish labor reform may cost more jobs SmartPlanet.com (blog) By Jennifer Riggins | February 28, 2012, 4:10 AM PST MADRID — With nearly a quarter of the population officially unemployed, the Spanish government has just made it significantly easier for companies to downsize and terminate employees. See all stories on this topic » | ||
| Somalia:London Conference stripped Somalia of its indivisibility sovereignty ... Mareeg February 28, 2012 (Mareeg.com) London Conference stripped Somalia of its indivisibility, sovereignty and polity The communiqué of February 23 Conference on Somalia, dominated by the International Contact Group (ICG) and the Contact Group on Piracy off ... See all stories on this topic » | ||
| Country's Remittances Up By 69.2 Percent AllAfrica.com By Saul Butera, 28 February 2012 Rwandans working and living abroad sent in more money home in the year ended December 2011, compared to the previous year as the Central Bank is set to issue out a Diaspora bond this year. See all stories on this topic » | ||
| East Dorset Leader's Budget Speech for 2012/13 Dorset Newsroom Local Government is being asked by the Coalition to play its part in dealing with the dire financial legacy left behind by the previous Labour Government. This Council's ability to achieve a balanced budget without cuts in front line services and to ... See all stories on this topic » | ||
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| Labor Market Malaise: Jobs, Education, and Trudging Toward the Near Future Benzinga Zero Hedge had an interesting story published Feb. 27, 2012 on tips for surviving a possible second phase of the global financial crisis. SmartKnowledgeU's chief investment strategist and founder JS Kim discussed how gold and silver may be viable ... See all stories on this topic » | ||
| Jobs, Education, and Trudging Toward the Near Future Benzinga Zero Hedge had an interesting story published Feb. 27, 2012 on tips for surviving a possible second phase of the global financial crisis. SmartKnowledgeU's chief investment strategist and founder JS Kim discussed how gold and silver may be viable ... See all stories on this topic » | ||
| Why Wendy Long should be nominated for US senator instead of George Maragos RenewAmerica "Prior to Citibank, Mr. Maragos was a Vice President at the Chase ManhattanBank where he held various senior systems management positions. He was responsible for planning and implementing the global electronic financialsystems and the ... See all stories on this topic » |
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