Finance
2012-03-13 09:08:46
The London interbank offered rate, the benchmark for $360 trillion of securities, may not survive allegations of being corrupted unless it’s based on transactions among banks rather than guesswork about the cost of money.
2012-03-12 09:55:36
Global banking regulators will seek an accord later this month on changes to draft liquidity rules criticized by some governments and lenders as a threat to economic recovery.
2012-03-12 09:54:24
Jon Asgeir Johannesson, the former Icelandic billionaire being sued by the bank that helped fund his expansion into the U.K., is planning to build a new retail “kingdom” there once he emerges from litigation.
2012-03-12 09:53:21
Citigroup Inc. (C), ranked seventh among mergers and acquisitions advisers last year, promoted Peter Tague to co-head of its global M&A business.
2012-03-12 09:43:11
The Federal Reserve’s extension of the average maturity of its holdings is comparable to its two rounds of asset purchases in lowering borrowing costs, according to the Bank for International Settlements.
2012-03-08 08:56:07
Anshu Jain, who heads Deutsche Bank AG (DBK)’s corporate and investment bank, is promoting bankers from his division as he prepares to become co-chief executive officer, according to a person familiar with the matter.
2012-03-08 08:55:01
Wells Fargo & Co. (WFC), the most valuable U.S. lender, may close or consolidate outlets as it examines ways to trim costs, according to its chief financial officer.
2012-03-08 08:52:24
Investors with about 60 percent of the Greek bonds eligible for the nation’s debt swap have so far indicated they’ll participate, putting the country on the verge of the biggest sovereign restructuring in history.
2012-03-08 08:51:16
The U.S. Treasury Department is selling $6 billion in shares of American International Group Inc. (AIG), the insurer that was rescued in 2008 after mortgage- related investments soured.
2012-03-07 09:39:25
Societe Generale SA (GLE), France’s second-biggest bank, Assicurazioni Generali SpA and UniCredit SpA (UCG) joined firms saying they would participate in Greece’s debt swap as the country threatened to compel holdouts to take part.
2012-03-07 09:38:25
Barclays Plc (BARC) and JPMorgan Chase & Co. (JPM) have become top players in global commodity derivatives trading, catching up with long-time leaders Goldman Sachs Group Inc. (GS) and Morgan Stanley. (MS)
2012-03-07 09:37:35
HSBC Holdings Plc (5), Europe’s largest bank by market value, agreed to sell some of its general insurance businesses in Asia and Latin America for about $914 million.
2012-03-07 09:36:52
Twenty-six years after helping to design the London interbank offered rate, Britain’s bank lobbyists are distancing themselves from their creation amid regulatory investigations and lawsuits.
2012-03-02 09:58:32
Japan’s government will make two appointments to the central bank’s nine-member board in coming weeks, giving the administration scope to affect monetary policymaking as politicians press for greater stimulus.
2012-03-02 09:57:32
Sister Inmaculada Torano, a 47-year old Spanish Nun, stepped in to negotiate when Bankia (IBEX) SA tried to repossess the home of a student at the school where she works over missed mortgage payments.
| TIME | |||||
|---|---|---|---|---|---|
| Sydney | Tokyo | Ha Noi | HongKong | LonDon | NewYork |
| Prices By NTGOLD | ||
|---|---|---|
| We Sell | We Buy | |
| 37.5g ABC Luong Bar | ||
| 4,530.70 | 4,200.70 | |
| 1oz ABC Bullion Cast Bar | ||
| 3,770.00 | 3,450.00 | |
| 100g ABC Bullion Bar | ||
| 12,028.20 | 11,098.20 | |
| 1kg ABC Bullion Silver | ||
| 1,537.00 | 1,187.00 | |
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