財經日報International Business Times
   Hong Kong | Friday, 5 December 2008 |

Bank Articles

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1. China reluctant to invest in foreign banks
China's sovereign wealth fund, which last year poured $5 billion into Morgan Stanley, is reluctant to plow more money into foreign financial institutions until governments hash out coherent policies to cope with the global economic and financial turmoil, the fund's head said Wednesday.
03 Dec 2008
2. Bank of China expands into Switzerland
Bank of China said Friday it has received regulatory approval to offer banking services in Switzerland.
01 Dec 2008
3. The Fed boosted emergency loans to banks and firms
The Federal Reserve boosted its lending to commercial banks and investment firms over the past week, indicating that a severe credit crisis was still squeezing the financial system.
29 Nov 2008
4. Obama: bank execs shouldn't get bonuses this year
President-elect Barack Obama says he thinks bank executives should forgo their bonuses this year as an example of taking responsibility in tough times.
26 Nov 2008
5. FDIC's list of 'problem' banks swells to 171
The Federal Deposit Insurance Corp. said Tuesday the list of banks it considers to be in trouble shot up nearly 50 percent to 171 during the third quarter — yet another sign of escalating problems among the institutions controlling Americans' deposits.
26 Nov 2008
6. Alert issued on fraudulent bank website
The Monetary Authority has issued an alert on fraudulent website www.bocnhkg.org which looks similar to the Bank of China (Hong Kong)'s official website.
25 Nov 2008
7. Bank of China announces a statement on Fraudulent Website
Bank of China (Hong Kong) Limited (BOCHK) wishes to alert the public that it is not related in any way, directly or indirectly, to the website (address: www.bocnhkg.org) of Telex transfer section (Hong Kong) Limited. The website has adopted the layout and contents of BOCHK website without authorisation by BOCHK.
24 Nov 2008
8. World Bank chief: Better ties with Russia a must
Russia's ties with the United States and the European Union must be improved to ensure stability, World Bank President Robert Zoellick said Wednesday.
20 Nov 2008
9. Banks lead world markets lower
World stock markets fell Tuesday ahead of expected further losses on Wall Street amid gloom about propects for the world economy and the banking system.
19 Nov 2008
10. Hong Kong index falls 4.5 pct as bank shares hit
Hong Kong's main stock index tumbled 4.5 percent Tuesday as another wave of bank layoffs spurred selling in financial shares.
18 Nov 2008
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