Banks

PM warns banks to pass on full rate cut
Sydney Morning Herald
The major banks look set to take centre stage in the economic discussion, especially if the Reserve Bank of Australia (RBA) goes ahead with a widely expected official cash rate reduction at its first board meeting of the year on Tuesday.
Banks should pass rate cuts fully: ACCIBusiness Spectator
Business tells banks to pass on cutsAdelaide Now
RBA Poised to Cut Rate on Worst Jobs Since '92: Australia CreditSan Francisco Chronicle
ABC Online -Broker News Australia -International Business Times AU
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Don Banks: Giants' Manning takes leap toward Hall of Fame with XLVI win
SI.com
Eli Manning threw for 1213 yards, nine touchdowns and just one interception in four playoff games this year. INDIANAPOLIS -- It's a pretty select club Eli Manning joined here Sunday night. You could almost call it an "elite'' membership to belong to.

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Bank of China Shares Rise on Dividend Savings: Hong Kong Mover
BusinessWeek
6 (Bloomberg) -- Bank of China Ltd. led Chinese banking shares higher in Hong Kong after their state-backed shareholder allowed the nation's biggest lenders to cut dividend payouts, shoring up capital while avoiding share sales.
China Addressing Capital Crunch Facing Banks: AnalystsCNBC.com
Hong Kong shares set to start higher, Chinese banks eyedReuters
Central Huijin plans for banks to cut dividend ratiosChina Daily
Bloomberg -AsiaOne -Fox Business
all 40 news articles »

Mobile banking could be must-have option for consumers
ZDNet (blog)
By Rachel King | February 5, 2012, 9:00pm PST Summary: Over twice as many consumers at the nation's largest banks are using mobile banking more than are those at credit unions, according to a new report. Over half of mobile phone owners will be using ...

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Berkeley considers new banks to replace Wells Fargo
San Francisco Chronicle
Saying they're fed up with Wells Fargo's corporate ethics, the Berkeley City Council this week took steps toward cutting ties with the banking giant and investing instead with smaller, local institutions. "Large multinational banks like Wells Fargo are ...

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California negotiating with banks over mortgage settlement
Los Angeles Times
Kamala D. Harris has not been involved in direct talks with the banks, walking out on negotiations last year. As recently as two weeks ago she called the potential $25-billion settlement inadequate for California. Winning the Golden State's support of ...
Deal Is Closer for a US Plan on Mortgage ReliefNew York Times
Time Running Out for Short SalesHousing Predictor

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Chilean Bank Borrowing Data Disprove Dollar Squeeze on Europe
BusinessWeek
6 (Bloomberg) -- Chilean banks borrowed 19 times more pesos than US dollars from authorities in December, indicating that a surge in bank funding costs was more local than external. Banks borrowed $49.8 million in US dollars from the finance ministry ...

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Punters believe Reserve Bank will cut, but banks won't pass on in full
NEWS.com.au
BOQ's chief executive warns Australia's big four banks may shed more jobs to counter losses in revenue. Treasurer Wayne Swan says local banks are among the most profitable in the world and should pass on a rate cut in full. Source: Herald Sun Source: ...
Banks urge savings account tax breaks from Wayne SwanThe Australian
Swan puts rate heat on banksWA Business News
Change bank if it won't cut rateAdelaide Now
BigPond News -The West Australian
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