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       <title>Banking - livepress.com</title>
      <link>http://banking.livepress.com</link>
			<id>http://banking.livepress.com</id>
  <updated>2006-08-10 16:11:04</updated>
  <entry>
    <title><![CDATA[Citigroup fined for claiming hedge funds customers were 'disabled' 
    (AFP)
]]></title>
    <link href="http://livepress.com/go/?137118"/>
    <id>http://livepress.com/go/?137118</id>
    <updated>2006-08-10 16:09:11</updated>
    <summary><![CDATA[    AFP -  Banking  giant  Citigroup  has been fined 1.1 million dollars after dozens of its brokers gained waivers on mutual fund sales charges by falsely claiming their customers were disabled, the NASD securities regulator said.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[According To Experts, U.K. HSBC Online Banking System Flawed]]></title>
    <link href="http://livepress.com/go/?136818"/>
    <id>http://livepress.com/go/?136818</id>
    <updated>2006-08-10 06:03:24</updated>
    <summary><![CDATA[Cardiff University researchers have claimed to have found a vital flaw in HSBC's online  banking  system. The security weakness could be used to access the bank's 3.1 million U.K. online accounts in nine attempts. An HSBC spokesman told says the flaw was not a serious threat or a viable way for a...]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Hedge Fund Bust Could Threaten ABN Amro's Futures Sale]]></title>
    <link href="http://livepress.com/go/?136649"/>
    <id>http://livepress.com/go/?136649</id>
    <updated>2006-08-09 23:00:51</updated>
    <summary><![CDATA[Dutch  banking  giant ABN Amro will have to deal with a $100 million loss from heavily lending to a hedge fund, led by former New York Mercantile Exchange President Robert "Bo" Collins, had gone dry. It could jeopardize the terms of its ongoing $386 million deal with Swiss investment bank UBS....]]></summary>
  </entry>
  <entry>
    <title><![CDATA[HSBC online customers at risk over security flaw 
    (AFP)
]]></title>
    <link href="http://livepress.com/go/?136520"/>
    <id>http://livepress.com/go/?136520</id>
    <updated>2006-08-09 19:58:42</updated>
    <summary><![CDATA[    AFP - More than three million customers of global  banking  giant HSBC have been left vulnerable while  banking  over the internet for more than two years because of a security flaw, a newspaper reported.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Wal-Mart's Mexico Division Trying to get into Banking Business]]></title>
    <link href="http://livepress.com/go/?134312"/>
    <id>http://livepress.com/go/?134312</id>
    <updated>2006-08-06 18:03:45</updated>
    <summary><![CDATA[The Mexican unit of  Wal-Mart  Stores Inc. has filed for a  retail   banking  license across the border. The  retail  giant is trying to break into the  banking  business in Mexico.
                    
                
                
                    ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Deutsche Bank To Acquire Norisbank For $537 Million]]></title>
    <link href="http://livepress.com/go/?133507"/>
    <id>http://livepress.com/go/?133507</id>
    <updated>2006-08-04 18:50:24</updated>
    <summary><![CDATA[Deutsche Bank AG announces it is purchasing Norisbank AG for about $537 million. Germany's largest  banking  company will acquire 98 Norisbank branches in 58 cities from DZ Bank Group.
                    
                
                
                    ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Wal-Mart's Mexico unit eyes banking 
    (AP)
]]></title>
    <link href="http://livepress.com/go/?132497"/>
    <id>http://livepress.com/go/?132497</id>
    <updated>2006-08-03 08:31:09</updated>
    <summary><![CDATA[    AP - The Mexican unit of  Wal-Mart  Stores Inc. has filed for a  banking  license with local regulators, the latest retailer to enter the realm of  financial services  in Mexico in recent years.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[HSBC Earnings Improve 15 Percent In The 1St Half Of 2006]]></title>
    <link href="http://livepress.com/go/?130383"/>
    <id>http://livepress.com/go/?130383</id>
    <updated>2006-07-31 12:49:42</updated>
    <summary><![CDATA[Global  banking  giant HSBC Holdings PLC on Monday reported its earnings for the first half of the year surged by 15 percent. The company said its profits were boosted by fruitful expansion into new markets.
                    
                
                
                    ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[UBS Wants Majority Stake In South Korean Asset Management DIMCO]]></title>
    <link href="http://livepress.com/go/?128347"/>
    <id>http://livepress.com/go/?128347</id>
    <updated>2006-07-27 16:40:08</updated>
    <summary><![CDATA[The Swiss  banking  giant UBS has announced Thursday it is looking for a 51 percent stake in South Korea's biggest asset management company, Daehan Investment Management Trust Company. In a statement, UBS said it intends to buy the majority stake from Daehan Investment and Securities Company at...]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Foolish Forecast: Online Resources 
    (The Motley Fool)
]]></title>
    <link href="http://livepress.com/go/?124567"/>
    <id>http://livepress.com/go/?124567</id>
    <updated>2006-07-21 16:29:35</updated>
    <summary><![CDATA[The Motley Fool - Payments facilitator and online  banking   software  provider Online Resources (Nasdaq: ORCC - News) is scheduled to report Q2 2006 earnings Monday afternoon. Want to know what Wall Street expects to see? Read on. Want to know what really matters? Read on a bit more.]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Citigroup's Q2 Profits Rise Amidst Rising Costs]]></title>
    <link href="http://livepress.com/go/?122831"/>
    <id>http://livepress.com/go/?122831</id>
    <updated>2006-07-17 12:00:51</updated>
    <summary><![CDATA[Citigroup Inc. on Monday announced its second-quarter profit rose 4 percent due to an improvement in  investment banking . The company said consumer banking results improved, while loan losses fell. The increase in profits was also motivated by growth in the volume of international credit card...]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Citigroup 2nd-qtr profit rises 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?122615"/>
    <id>http://livepress.com/go/?122615</id>
    <updated>2006-07-17 06:11:53</updated>
    <summary><![CDATA[    Reuters -  Citigroup  Inc. , the world&#039;s 
largest bank by market value, on Monday said second-quarter 
profit rose, helped by growth in corporate and investment 
banking.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Barclays To Cut Over 1,200 Jobs In UK]]></title>
    <link href="http://livepress.com/go/?114736"/>
    <id>http://livepress.com/go/?114736</id>
    <updated>2006-06-28 16:31:04</updated>
    <summary><![CDATA[Barclays, the United Kingdom's third largest bank, will cut more than 1,200 jobs in the next two years. The job cuts are part of an overhaul of the group's underperforming  retail   banking  arm and which will see The Woolwich name disappear by merge the two branches together under one name....]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Asian Bank Systems Can Weather China Susceptibility]]></title>
    <link href="http://livepress.com/go/?114087"/>
    <id>http://livepress.com/go/?114087</id>
    <updated>2006-06-27 19:34:18</updated>
    <summary><![CDATA[According to Standard and Poor's Ratings Services,  banking  systems in Asia have been deemed stable to weather China's rapid credit expansion. Strong earnings, risk-management practices and regulatory environments contributed to fortify the industry....]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Senate Republicans push for Fannie oversight bill 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?106639"/>
    <id>http://livepress.com/go/?106639</id>
    <updated>2006-06-15 13:45:55</updated>
    <summary><![CDATA[    Reuters - Fannie Mae&#039;s &#36;11 billion  accounting  
scandal should drive the Senate to stop delaying and advance 
legislation that would overhaul supervision of U.S. mortgage 
finance giants, some Republicans on the Senate  Banking  
Committee argued on Thursday.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Bear Stearns profit soars 81 percent 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?106435"/>
    <id>http://livepress.com/go/?106435</id>
    <updated>2006-06-15 08:27:23</updated>
    <summary><![CDATA[    Reuters -  Bear Stearns  Cos.  said on 
Thursday its quarterly profit rose 81 percent as investment 
banking and capital markets revenues jumped.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Goldman Sachs' Earnings Skyrocket]]></title>
    <link href="http://livepress.com/go/?104974"/>
    <id>http://livepress.com/go/?104974</id>
    <updated>2006-06-13 10:01:14</updated>
    <summary><![CDATA[Goldman Sachs Group Inc. on Tuesday announced its second-quarter profits doubled following an increase in  investment banking  and trading.
                    
                
                
                    ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Goldman Sachs earnings surge 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?104926"/>
    <id>http://livepress.com/go/?104926</id>
    <updated>2006-06-13 08:44:08</updated>
    <summary><![CDATA[Reuters - Investment bank  Goldman Sachs Group  
Inc.  on Tuesday said its second-quarter earnings more 
than doubled, boosted by strong  investment banking  and trading 
results.]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Jobless claims fall by most in 8 mos. 
    (AP)
]]></title>
    <link href="http://livepress.com/go/?102371"/>
    <id>http://livepress.com/go/?102371</id>
    <updated>2006-06-08 09:04:17</updated>
    <summary><![CDATA[    AP - The number of laid off workers filing claims for unemployment plunged last week by the largest amount in eight months, but it might have been a statistical fluke.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Fed's Bies warns banks on real estate lending 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?101173"/>
    <id>http://livepress.com/go/?101173</id>
    <updated>2006-06-06 11:37:20</updated>
    <summary><![CDATA[Reuters - U.S  banking  regulators are warily 
eyeing concentrations of commercial  real estate  loans and worry 
some institutions may not be preparing for risks associated 
with such loans, Federal Reserve Governor Susan Bies said on 
Tuesday.]]></summary>
  </entry>
  <entry>
    <title><![CDATA[BOJ injects funds again to stem rate jump 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?96858"/>
    <id>http://livepress.com/go/?96858</id>
    <updated>2006-05-29 00:04:06</updated>
    <summary><![CDATA[Reuters - The Bank of Japan injected funds into the 
 banking  system on Monday for same-day settlement, the second 
time in three sessions the central bank has used the rare 
operation to stem a jump in overnight rates.]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Bernanke says Fed policy must be forward-looking 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?95051"/>
    <id>http://livepress.com/go/?95051</id>
    <updated>2006-05-25 15:44:00</updated>
    <summary><![CDATA[    Reuters - Federal Reserve Chairman Ben 
Bernanke said in a letter released on Thursday that 
interest-rate policy must be forward looking and rely on the 
central bank&#039;s view of how the economy is evolving.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Regions agrees to buy AmSouth for $10 bln: WSJ 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?94691"/>
    <id>http://livepress.com/go/?94691</id>
    <updated>2006-05-25 04:53:15</updated>
    <summary><![CDATA[Reuters -  Regions Financial  Corp.  has 
agreed to buy  AmSouth Bancorp   for about $10 billion, 
the Wall Street Journal said on Thursday, amid a merger frenzy 
sweeping through the U.S. regional  banking  industry.]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Basel II risks are manageable: Bernanke 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?90143"/>
    <id>http://livepress.com/go/?90143</id>
    <updated>2006-05-18 11:12:43</updated>
    <summary><![CDATA[    Reuters - Research by the Federal Reserve and by 
academics suggest the competitive risks likely to be created by 
Basel II  banking  reforms are generally manageable, Fed Chairman 
Ben Bernanke said on Thursday.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Eurotunnel To Settle Debts]]></title>
    <link href="http://livepress.com/go/?88640"/>
    <id>http://livepress.com/go/?88640</id>
    <updated>2006-05-16 15:14:07</updated>
    <summary><![CDATA[ Eurotunnel, which operates the Channel tunnel, says it is trying to work out a debt restructuring deal with creditors and  banking  groups Goldman Sachs and Macquarie. 
 Eurotunnel said the talks were intended to solve for good its debt...]]></summary>
  </entry>
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