banking Web Content

Forget Fred and focus on the real banking scandal - Financial Times

There should be no sympathy for the treatment meted out to Mr Fred Goodwin. Through a combination of vanity, greed and sheer incompetence, he presided over the biggest banking disaster in British history, to the great cost of the taxpayer and the British ... More...

Investment bankers use the downturn to prepare next big move; unwind with families - Economic Times

MUMBAI: Mention investment banking and the image that instantly flashes is of swaggering men - and women - in fine business suits pocketing eight-digit salary cheques, and chunky bonuses and commissions. The current subdued economic conditions ... More...

Spain Cabinet OKs banking sector reform plan - YAHOO!

MADRID (AP) — Spain's new conservative government approved Friday a plan forcing banks to set aside an estimated euro50 billion ($65 billion) more in provisions to cover toxic real estate assets, in a bid to restructure a sector critical to reviving the ... More...

Bank of America Taps Meissner as Head of Investment Banking - New York Times

The management shuffle at Bank of America continues. In the latest move, the bank has appointed Christian Meissner as the sole head of global corporate and investment banking, part of a broader effort to streamline the group, according to an ... More...

Senior Financial Technology Expert Joins Marine Drive Mobile; Tony Cinotti to Lead Company's Mobile Banking Division - msnbc.com

SAN FRANCISCO, CALIFORNIA — Marine Drive Mobile Corp. (OTCQB:MDMC) ("Marine Drive Mobile" or the "Company") is pleased to announce the appointment of Tony Cinotti as Vice President Mobile Banking. Cinotti is a senior financial technology ... More...

Falcon to expand private-client business in Gulf - Gulf News

Falcon, with more than 40 years of experience in Swiss private banking, is specialised in wealth management for private clients, wealthy families and institutional investors. The bank has been present in the region with its Dubai representative office ... More...

Provident Bank Recruits Northern California Retail Mortgage Banking Group - msnbc.com

RIVERSIDE, Calif., Feb. 1, 2012 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. ("Company"), (Nasdaq:PROV), the holding company for Provident Savings Bank, F.S.B. ("Bank"), today announced that the Bank has hired a retail mortgage banking ... More...

Union Bank Reports Significant Growth of Business Banking Group in 2011 and Anticipates Continued Growth in 2012 - Yahoo Finance

LOS ANGELES--(BUSINESS WIRE)-- After experiencing substantial growth of its Business Banking group in 2011, Union Bank, N.A., today announced plans to continue expanding the group in 2012 with a focus on lending. The growth initiative, following ... More...

Here's The Real Reason Why America Lags Behind In Mobile Banking - The Business Insider

America has lagged behind much of the world in terms of digital wallets. Elsewhere, people routinely use phones instead of credit cards. There are several reasons for this. Partly, it is because North America saw mobile phones so early. When other regions ... More...

Gingrich Outlines New Campaign Strategy After Nevada Setback - Neon Tommy

Presidential hopeful Newt Gingrich is banking on a new campaign approach to prolong the nomination race until August’s convention, following a double-digit loss to rival Mitt Romney in Nevada, the Washington Post reported. The former House ... More...

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