Financial News Wire

EUROPEAN STOCK-INDEX FUTURES DROP; GREEK BANKS, RWE SHARES MIGHT BE ACTIVE

European Stock-Index Futures Drop; Greek Banks, RWE Shares Might Be Active European stock-index futures fell, indicating the Stoxx Europe 600 Index will extend four weeks of declines, as concern lingered that the region’s debt crisis is deepening. Asian shares swung between gains and losses. Read more on Bloomberg Raimon in good shape despite loss, CEO [...]

U.S. CLOSES BANKS IN GEORGIA AND WASHINGTON STATE

U.S. closes banks in Georgia and Washington state U.S. authorities shut two small banks in west-central Georgia and one in Washington say on Friday, bringing the number of foreclosures in 2011 to 43. Read more on Reuters via Yahoo! News Long term care insurance class scheduled MERRILLVILLE | The Northwest Indiana chapter of the National [...]

FDIC DIRECTS 2 COLORADO BANKS TO BOOST CAPITAL

FDIC directs 2 Colorado banks to boost capital DENVER—The Federal Deposit Insurance Corp. has directed two Colorado banks to boost their capital. Read more on Denver Post How individual council members feel about the issue to reveal or not revealHere’s how members of the Palo Alto City Council responded when asked about the city attorney’s [...]

AUSTRALIA SHARES FLAT AS BANKS, MINERS CONTRAST

Australia shares flat as banks, miners contrast SYDNEY (MarketWatch) — Australian shares traded flat on Thursday, with the S&P/ASX 200 index trading at 4,820.90. Losses for financials, including Commonwealth Bank of Australia , down 0.7%, and QBE Insurance Group Ltd. , down 1.1%, were offset by gains in the mining sector. Shares of diversified mineral [...]

WRITTEN-OFF LOANS RECOVERY PLAN: SBP DISCUSSES STRATEGY WITH BANKS

Written-off loans recovery plan: SBP discusses strategy with banks State Bank of Pakistan (SBP) convened a meeting of commercial banks and development finance institutions here on Monday to work out a strategy in response to the observations made by the Supreme Court regarding written-off loans. Read more on Business Recorder Analyst Research on Hudson City [...]

BANKS’ TROUBLED LOANS DECLINE — FDIC

Banks’ Troubled Loans Decline — FDIC U.S. troubled loans held by banks declined for the first time in more than four years, pushing bank industry earnings up to .6 billion in the second quarter. Read more on FOX Business Auto Loans: Take Advantage of Falling Rates Auto loans rates are falling, while late payments on [...]

BANKS’ LOAN BOOKS FAIL TO MATCH JUNE SURGE

Banks’ loan books fail to match June surge Banks’ loan books fail to match June surgeBanks’ loan books fail to match June surge Read more on The Economic Times Loan program to help Tenn. businesses reduce costs Gov. Phil Bredesen on Wednesday announced the launch of a million energy efficiency loan program to help Tennessee [...]