Financial Services News

Financial Services Industry News and Information

January 16th, 2007

Foreign banks eyeing KEB


Korea Herald – that at least four foreign banks have expressed interest in the Korean bank, which is being put up for sale by the U.S. private equity Some suggest that European banks such as London-based HSBC Holdings Plc. or Deutsche Bank AG also may be strong

UK bank profits expected to remain strong in 2007 – S&P
Forbes – It expects corporate credit quality to deteriorate ‘in the face of aggressive private In early November, HSBC Holdings PLC sparked controversy when its telephone and banks in terms of borrowing capital for domestically focused ones like Royal Bank

AFX UK at a glance share guide – weekend
Hemscott – Britain’s premier music company, EMI, being stalked by private equity firms after its share price plunged Chartered yields to shareholder pressure to recruit an independent deputy chairman from outside the bank – Sunday Times * HSBC to bow

Griffon Corporation Announces $175 Million Credit Agreement
PR Newswire – of a five year $175 million revolving credit facility with JPMorgan Securities, as lead arranger, Bank of America, HSBC Bank Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: All statements other than statements of

Capitalism That Crosses Cultures
US News and World Report – HSBC, Citigroup, and Lloyds TSB Bank now carry lines of sharia -compliant mortgages. Several companies, including Dow Jones, offer Islamic UBS recently opened a separate Islamic private bank in Dubai for well-heeled Middle Eastern clients. And last

Investors riding ‘cash’ rapids
Pittsburgh Post-Gazette – reached in 2003, according to data from HSBC PLC. The riskiest markets are leading the pack: Egyptian stocks are up 14 fold since 2003. only a few central banks — the Fed, the Bank

January 16th, 2007

January 16th, 2007

Debenhams sales slump

January 16th, 2007

January 16th, 2007

Checketts puts spotlight on Kiel

January 16th, 2007

January 16th, 2007

Saint-Gobain leads Europe higher

January 16th, 2007

FIRST COAST TICKER: For Interline, a case of predictions, reality

January 16th, 2007

The John Phelps portfolio: shares update

January 16th, 2007

MIDDAY BUSINESS REPORT: Poll points to upsurge in bankruptcies