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HFMWeek Daily Snapshot - 8 September - HFMWeek |
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BofA, JPMorgan Can Only Watch as U.S. Bancorp, PNC Seek Targets |
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U.S. Bancorp and PNC Financial Services Group Inc. may lead the biggest boom in bank takeovers since 2007, and this time, the largest lenders can only sit and watch.
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Thomas Scott McBriarty Joins the Ranks of Leading Professionals - 24-7PressRelease.com (press release) |
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Bob Diamond takes over the top job at Barclays |
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MAJOR change swept through the boardrooms of two of Britain's "big four" banks yesterday as Bob Diamond was confirmed as the new head of Barclays and HSBC chairman Stephen Green announced he is leaving to become trade minister in the coalition government.
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BofA, JPMorgan Can Only Watch ... |
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U.S. Bancorp and PNC Financial Services Group Inc. may lead the biggest boom in bank takeovers since 2007, and this time, the largest lenders can only sit and watch.
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The new face of Barclays has plenty to smile about |
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Bob Diamond smiles formally out of his latest photograph: serious but welcoming like the Barclays branch behind him.
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Real Beats Mexican Peso as Growth Insulated From U.S. Slump: Brazil Credit - Bloomberg |
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Newtown keeps AA+ bond rating -- with an extra plus |
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The town's bond rating remains AA+ this year, one step below the highest level attainable, but the town received a Strong Financial Management Assessment -- the highest score possible.
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FOREX-Dollar rises on euro zone fears; yen at 15-year high |
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The U.S. dollar rose against most major currencies but fell to a 15-year trough versus the yen on Tuesday as renewed concern about the health of European banks sparked aversion to risk.
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TREASURIES-Europe worries, strong US auction boost govt bonds |
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U.S. Treasuries rebounded on Tuesday after three straight losing sessions as weaker stocks, worries about Europe's financial sector and a strong three-year auction lifted debt prices.
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After failed bid for US Senate, 'Dr. Doom' has more gloomy forecasts - Westport-News |
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NEWSMAKER-Patience pays as Diamond grabs top Barclays job |
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After 14 years at Barclays building up its investment bank into a Wall Street power, BobDiamond will have no fear that the last American chief executiveat the bank lasted just a day in the job.
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Barclays gives Bob Diamond top job as HSBC's Stephen Green joins government |
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'Casino banker' Bob Diamond's salary will soar to 1.35m with millions more in bonuses when he becomes Barclays chief By Daily Mail Reporter Last updated at 4:36 PM on 7th September 2010 Bob Diamond is due to take over next year American's appointment likely to anger ministers He'll get 1.35m salary and bonus pot up to 3.375m Banker Bob Diamond
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Official: Obama To Back Tax Breaks For New Business Investments |
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— President Barack Obama will call on Congress to pass new tax breaks that would allow businesses to write off 100 percent of their new capital investments through 2011, the latest in a series of proposals the White House is rolling out in hopes of showing action on the economy ahead of the November elections.
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Barclays Names Diamond as CEO, Strategy Unchanged |
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Robert Diamond, the architect of Barclays Plc's investment banking expansion, was appointed chief executive officer and pledged to boost the bank's consumer unit.
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2: Bob Diamond's patience pays off |
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Bob Diamond personifies our schizophrenic attitude to wealth and success. On the one hand, he is a hugely successful investment banker who built a world-beater, deservedly enjoying the riches that he earned not just for himself, but for other people too.
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AP analysis: Economic pain failed to ease in July - The Associated Press |
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Barclays Names Robert Diamond CEO, Replacing Varley |
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Barclays Plc, Britain's third- largest bank, named President Robert Diamond as chief executive officer to succeed John Varley.
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S&P Bestows Highest Financial Management Recognition To Newtown |
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Following a trip to the New York offices of Standard & Poor's on August 30 ahead of an anticipated refinancing of qualified municipal bonds planned for mid-September, the town was notified it was awarded the rating agency's top designation for its financial management.
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Arch Chemical to close Cheshire facility? |
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CHESHIRE — Arch Chemical’s research and development facility on Knotter Drive will be shut down next year as the company consolidates some of its operations.
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Property owners to meet with BOE - New Britain Herald |
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Property owners to meet with BOENew Britain HeraldIn excess of 85 years old, the CPOA is Connecticut's oldest taxpayer organization. Members and those interested in cost effective government are invited to ... |
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Obama Offers a Transit Plan to Create Jobs - New York Times |
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A Special Prosecutor for ACORN Corruption? - Right Side News |
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A Special Prosecutor for ACORN Corruption?Right Side NewsThis term was used in the minutes of the Fed meeting at which the central bank discussed plans by the Federal Reserve Bank of New York to finance Bear's ... |
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Dollar rises on euro zone fears |
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The U.S. dollar rose against most major currencies but fell to a 15-year trough versus the yen on Tuesday as renewed concern about the health of European banks sparked aversion to risk.
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Week in Review: Hurricane, No, Stolen Gnomes, Yes - Patch |
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BHP may have to increase its offer if it doesn't want Potash to slip through ... - BBC News |
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Heather Carey Joins Island Living Real Estate; Ready to Show Bahamas Real Estate for Sale |
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Island Living Real Estate recently added an additional sales agent to its staff.
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Eyesores & Opportunities - Hartford Business |
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Eyesores & OpportunitiesHartford BusinessIn downtown Hartford, the city, which owns 12-story 101 Pearl St.office tower, is working with the Connecticut Housing Finance Authority, ... |
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Indecision on tax cuts drives economic gridlock - Indianapolis Star |
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John H. Field: Economy would grow with return to 1925 attitude - Charleston Gazette |
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State has 4th-highest jobless rate [New Haven Register, Conn.] - Insurance News Net (press release) |
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Stay secure in WiFi hotspots |
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After someone sniffed out his password at a free WiFi hotspot and successfully hacked his computer, Igor Mello stays home for the majority of his Web use.
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Ciena Expands Ultra-Low Latency Portfolio for Electronic Trading |
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Ciena Corporation has expanded its portfolio of ultra low latency solutions, including both 1GbE and 10GbE cards for its CN 4200 FlexSelect Advanced Services Platform.
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: Reports Critical NEWS ALERTS -- Enable Holdings, Inc. (OTCBB: ENAB ... - Trading Markets (press release) |
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Beware! The bugs are taking us back to the '20s |
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The little monsters came out of nowhere, left their trail of destruction and disappeared while I was lost in unwary sleep.
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NFL team preview: Buffalo Bills |
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NFL team preview: Buffalo Bills Updated Sep 3, 2010 5:08 AM ET INSIDE SLANT Settle on a starting quarterback.
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Get Briefed: The Summer 2010 Highlights |
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Intelligent Investing interviewed some of the pivotal names in recent regulatory changes this summer.
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UConn risk program proves popular overseas |
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Serkan Oral came a long way from Ankara, Turkey, to enroll in the new financial risk management master's degree program at the Stamford branch of the University of Connecticut .
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Indian employers try to lure country's talent back from US - Business Standard |
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TD Bank profit rises 29 percent |
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Toronto-Dominion Bank, the fifth largest bank operator in Connecticut with more than 80 branches, increased profit by 29 percent in the third quarter on a record quarter by its Canadian retail banking operations.
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Bernanke Empowered - Bloomberg |
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Bernanke EmpoweredBloombergRichard Bove, a banking analyst for Stamford, Connecticut- based Rochdale Securities LLC, says bank regulators have already done too much. ...and more » |
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August's 5 Best-Performing Big Bank Stocks |
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After decent performance in July when the great majority of stocks among the 50 largest public U.S. bank and thrift holding companies showed gains, August was a return to misery for the banking sector, with 49 out of 50 declining.
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Low interest rates squeeze pension funds |
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Thanks to stock market gyrations and the lowest interest rates in 60 years, millions of Americans are struggling to keep their retirement savings intact and secure their future.
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Bernanke Says Fed, Regulators Could Have Tackled Risks Better |
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Federal Reserve Chairman Ben S. Bernanke said the central bank and other regulators could have done a better job tackling mortgage and banking risks that helped precipitate the worst financial crisis in seven decades.
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Blumenthal seeks info on NewAlliance sale |
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Connecticut Attorney General Richard Blumenthal asked for justification of First Niagara Financial Group Inc.'s planned acquisition of his state's NewAlliance Bancshares Inc., Bloomberg News reports.
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Deficit puts sales tax back in the spotlight - The Connecticut Mirror |
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Deficit puts sales tax back in the spotlightThe Connecticut Mirror"The conventional wisdom in Connecticut was that raising the sales tax really gets Democratic voters upset, that it disproportionately hurts lower and ... |
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Blumenthal Questions NewAlliance Sale |
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Attorney General Richard Blumenthal today questioned the planned sale of New Haven -based NewAlliance Bank to a larger regional bank based in New York - raising concerns about potential job loss and contraction in lending to businesses.
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Defiant Dick Fuld blames false rumours and the Fed for collapse of Lehma |
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Boss of Lehman Brothers attacks regulator for lack of action, but admits: 'I myself did not see the depth and violence of the crisis' Former Lehman chief executive Dick Fuld at the Financial Crisis Inquiry Commission hearing today.
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Supporters back bump in city's living wage [New Haven Register, Conn.] - Insurance News Net (press release) |
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No guarantees about city layoffs - Bristol Press |
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Local gauge drops 10.3 percent |
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Securities trading in August scorched most local stocks, peeling 10.3 percent off the Trib 30 index since July.
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No guarantees - Bristol Press |
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No guaranteesBristol PressMost officials say the next governor is going to have to take drastic, difficult steps to get Connecticut's fiscal house in order. ... |
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Mosler for Senate: Tea Party's Economic Agenda Would Cause Next Great ... - Benzinga |
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Mosler for Senate: Tea Party's Economic Agenda Would Cause Next Great ... - NewsBlaze |
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I-Bank Quits Norwalk for Elm City |
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NEW HAVEN a ' Independent investment-banking firm Cronus Partners LLC has relocated from Norwalk to the Long Wharf Maritime Center at 555 Long Wharf Drive.
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Wellington Financial Reports Welk Resorts Loan Increase - Hospitality 1st (press release) |
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New Boston Fund lands leases |
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On behalf of New Boston Fund, Inc., a Boston-based real estate investment management firm, CB Richard Ellis announced that two leases totaling 4,659 square feet have been inked at 10 New England Business Center in Andover, Massachusetts.
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Dollar Gains Against Euro, Pound (UUP) - Benzinga |
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Larry Gore Named President of New York Office of Wilmington Trust FSB |
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Wilmington Trust, one of the nationa s leading wealth management companies, announced that Lawrence E. Gore has been named president of the New York office of Wilmington Trust FSB.
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Ways to provide your Wi-Fi network |
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After someone sniffed out his password at a free Wi-Fi hotspot and successfully hacked his computer, Igor Mello stays home for the majority of his web use.
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High-Grade Bonds Whip Junk; GM Sets Terms on Loan for IPO: Credit Markets - Bloomberg |
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State rep campaign kicks into gear; Reeves, Lavielle pound the pavement - Wilton Bulletin |
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EDITORIAL: Bank sale: Take the money and run - New Haven Register (subscription) |
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Marketing Fight Likely After NewAlliance Deal |
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The fight to become the super regional bank of the Northeast took a major turn last week when NewAlliance Bank agreed to sell itself to New York-based First Niagara Financial, moving a relatively unknown company in this state toward the top of the food chain.
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