Banking NewsBanking news continually updated from thousands of sources around the net.National Australia in Talks to Buy Local, New Zealand Units From ABN Amro- July 11, 2008 National Australia Bank Ltd. , the nation's biggest by assets, is in talks to buy ABN Amro Holding NV's investment banking and wholesale banking businesses in Australia and New Zealand from Royal Bank of ...http://www.topix.net/business/banking/2008/07/national-australia-in-talks-to-buy-local-new... Indian-origin executives head a dozen Fortune 500 firms- July 11, 2008 Agencies Posted online: Thursday , July 10, 2008 at 08:03 hrs Updated On: Thursday , July 10, 2008 at 08:03 hrs Led by Vikram Pandit-run Citigroup, there are a dozen Fortune 500 companies across the world with ...http://www.topix.net/business/banking/2008/07/indian-origin-executives-head-a-dozen-fortun... FDA issues warning on Cipro, similar antibiotics- July 10, 2008 Federal drug safety officials have imposed the government's most urgent warning on Cipro and similar antibiotics, citing risks that they can cause tendon ruptures, a serious injury that leaves some patients ...http://www.topix.net/business/banking/2008/07/fda-issues-warning-on-cipro-similar-antibiot... Evergreen Investments president, CEO to retire- July 10, 2008 Evergreen Investments, the investment management unit of Wachovia Corp., said Wednesday its current president and chief executive, Dennis Ferro, will retire at the end of the year.http://www.topix.net/business/banking/2008/07/evergreen-investments-president-ceo-to-retir... Dollar rises against the euro- July 10, 2008 The dollar was higher against the euro Thursday, a day after the president of the European Central Bank warned that an inflation price spiral was evident in the euro zone.http://www.topix.net/business/banking/2008/07/dollar-rises-against-the-euro?fromrss=1 Royal Bank May Have $1.48 Billion in Debt Writedowns, Genuity Analyst Says- July 10, 2008 Royal Bank of Canada , the country's biggest bank, may record debt writedowns of as much as C$1.5 billion in the third quarter, Genuity Capital Markets analyst Mario Mendonca said.http://www.topix.net/business/banking/2008/07/royal-bank-may-have-1-48-billion-in-debt-wri... Bank of America CEO: Recession "feel" may last year- July 10, 2008 Bank of America Corp Chief Executive Kenneth Lewis has offered a gloomy outlook for U.S. consumer and business sentiment, saying some people may feel as if the economy is in recession for the next year.http://www.topix.net/business/banking/2008/07/bank-of-america-ceo-recession-feel-may-last-... Wachovia close to choosing next CEO: report- July 10, 2008 Wachovia Corp. has chosen Robert Steel as its new chief executive, effective immediately.http://www.topix.net/business/banking/2008/07/wachovia-close-to-choosing-next-ceo-report?f... High oil bad for Canada: BMO- July 9, 2008 A pumpjack sits surrounded by canola flowers near Carstairs, Alta., in this July 2004 file photo.http://www.topix.net/business/banking/2008/07/high-oil-bad-for-canada-bmo?fromrss=1 GPT says finance costs calculated in earnings downgrade- July 9, 2008 Property trust GPT Group says finance costs tied to the changes in its credit ratings have been accounted for in the downgraded underlying guidance it issued earlier this week.http://www.topix.net/business/banking/2008/07/gpt-says-finance-costs-calculated-in-earning... |