Banks

‘Cameron playing into banks hands’ – Presstv

A distinguished political economist says that UK Prime Minister David Cameron is receiving financial leverage from banks and corporations which are going to need another bailout soon. Press TV’s George Galloway sits down with economist James Meadway to …

London banks stunned by Britain’s EU veto – The Guardian

But Cameron had already said that Britain would veto the plan, which would dampen trading volumes to the detriment of London’s trading firms and investment banks. “I’m not sure anybody from the City instructed him and said: “you must go … Continue reading

ECB lends banks $639 billion over 3 years – Associated Press

FRANKFURT, Germany (AP) — Struggling banks snapped up euro489 billion ($639 billion) in cheap loans from the European Central Bank on Wednesday, a sign of just how hard or expensive it has become to borrow from each other. The huge … Continue reading

Wall Street Insider – Financial News, Headlines, Commentary and Analysis – Hedge Funds, Private Equity, Banks – DEALBREAKER

Let the Guardian fill in the brackets: Johnny Cameron, the former head of Royal Bank of Scotland’s investment banking division, has admitted he did not know how billions of pounds of complex loan structures linked to US sub-prime mortgages worked … Continue reading

In Rejecting Treaty, Cameron Is Isolated – New York Times

One view was that no matter what Mr. Cameron says, Britain will still be subject to European regulations, at least as far as Europe has jurisdiction over its non-British banks. Others doubted that the euro zone would long stand for … Continue reading

Africa : GEF CEO Monique Barbut Hosts Panel Discussion On Africa Land, Water and Forests – AllAfrica.com

Great Green Wall, Lake Chad and Congo Basin initiatives reflect concerted effort by GEF, World Bank, African nations toward ‘climate … extending across five countries Cameroon, Congo, Democratic Republic of Congo, Gabon and Central African Republic.

U.K. bank stocks rally after Cameron’s opt-out – Marketwatch

LONDON (MarketWatch) — Britain’s benchmark index rose and bank stocks rallied Friday after British Prime Minister David Cameron rejected a proposal by European Union leaders for closer fiscal ties. Shares in Lloyds Banking Group PLC /quotes …

Romania’s BRD to name SocGen exec as CEO from 2012 – Reuters UK

… France’s Societe Generale , plans to name Alexandre Maymat as new CEO of the bank, BRD said in a statement. Maymat, who is currently the CEO of Societe Generale in Cameroon, will replace Guy Poupet as chairman and CEO … Continue reading

Cameroon : Business Man Moses fcfa 1.5 m to Robbers – AllAfrica.com

Joseph, 39, was on his way to a local bank when he was intercepted by three robbers, who are still on the escape. As the end of year draws near so too men of the underway are drawing nearing to … Continue reading