Archive for September, 2009

UK’s finance minister urges EU on curbing bonuses

Britain’s finance minister Thursday urged the European Union to clamp down on bankers’ bonuses, after five of the country’s biggest banks signed up to new rules on payments.


Banks turn off loan facility for Sth Canterbury finance

Timaru-based South Canterbury Finance has released its audited annual report for the year ended June 30, 2009, revealing that its banks had turned off an unused NZ$100 million lending facility to the finance company while it…


Chile’s Economy Will Grow 5% Next Year, Finance Minister Says

Sept. 30 — Chile’s gross domestic product will increase 5 percent next year, Finance Minister Andres Velasco said today as he announced his final budget ahead of elections in December.


Prosecutors win key ruling in case against Broadcom’s ex-finance chief

A court says William J. Ruehle’s statements to company lawyers about an alleged option-backdating scheme are not protected by attorney-client privilege and can be admitted as evidence at his trial


A look at the Senate Finance health care bill

The Senate Finance Committee pushed ahead Wednesday on a comprehensive health care bill. The panel hopes to finish the legislation by week’s end. It then will be combined with a bill approved by the Senate Health, Education, Labor and Pensions Committee this past summer


A look at the Senate Finance health care bill

The Senate Finance Committee pushed ahead Wednesday on a comprehensive health care bill. The panel hopes to finish the legislation by week’s end.


A look at the Senate Finance health care bill

The Senate Finance Committee pushed ahead Wednesday on a comprehensive health care bill. The panel hopes to finish the legislation by week’s end.


A look at the Senate Finance health care bill

The Senate Finance Committee pushed ahead Wednesday on a comprehensive health care bill. The panel hopes to finish the legislation by week’s end. It then will be combined with a bill approved by the Senate Health, Education, Labor and Pensions Committee this past summer


Final Glance: Finance companies

NEW YORK — Shares of some top finance companies were mixed at the close of trading: Bank of America fell $.24 or 1.4 percent, to $16.92. CIT Group fell $.99 or 45.0 percent, to $1.21. Citigroup rose $.14 or 3.0 percent, to $4.84


HSBC Malaysia sees better performance in trade finance)

HSBC Bank Malaysia Bhd is looking at better growth for its trade finance business in the second half of this year, given the increased optimism among Malaysian companies on trade volumes.