Topic: Banking Services
FTSE 100 posts solid gains
AFP European Edition
FTSE 100 shares posted solid gains on Wednesday as investors welcomed the US Federal Reserve's upbeat economic outlook, analysts said. London's benchmark index gained 0.43 percent to finish at 5,644.63 points. "The FTSE's early gains today were fuelled by yesterday's positive forecast from ...
Unicredit Q4 profit slides 27 percent
AP News
Italy's largest bank Unicredit says 4th quarter earns fell 27 percentUnicredit SpA, Italy's largest bank, on Wednesday reported a 27 percent drop in fourth-quarter net profit due to a decline in interest income and an increase in provisions to cover bad loans. The net profit of euro371 million ...
Dubai World to offer full debt repayment: report
Reuters US Online Report Top News
DUBAI (Reuters) - Dubai World will offer banks a single proposal to repay in full the $26 billion debt it is renegotiating, with interest likely linked to LIBOR, Al Arabiya reported on Wednesday. Officials from Dubai and neighboring emirate Abu Dhabi have been working with restructuring experts to devise a viable ...
9 bailed-out banks report declines in new lending
AP News
New lending at 9 bailed-out banks plummets in January, but overall loan balances rise modestlyThe Treasury Department said Monday that new lending plummeted in January at the nine largest banks that have yet to repay their taxpayer bailouts. Treasury's monthly survey of bank lending shows overall new loan origination ...
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