BANKS Daily News

Research and Markets: Mobile Banking and Customer Account Strategies

Dublin - Research and Markets has announced the addition of the "Mobile Banking and Customer Account Strategi

Libya approves Islamic banking law: official

TRIPOLI (Reuters) - Libya has approved an Islamic banking law that will introduce sharia-compliant banking in the North African country, a member of the ruling National Transitional Council (NTC) said on Thursday. Libya has been working to amend its banking laws to attract foreign investment and stimulate its private sector following last year's war that ousted Muammar Gaddafi, the central bank ...

Research and Markets: Global Retail Banking Competitor Tracker - 2012 - Banks Face Significant Challenges, Including ...

Research and Markets has announced the addition of the "Global Retail Banking Competitor Tracker - March 2012

BMO Harris Private Banking Amends Strategy for BMO Harris International Equity Portfolio

TORONTO, ONTARIO-- - BMO Harris Investment Management Inc. , the investment management arm of BMO Harris Private Banking, proposes to amend the investment strategies of BMO Harris International Equity Portfolio to permit the Portfolio to invest in other investment funds. The investment strategies of ...

Research and Markets: Banking Trailblazers - Winning Strategies in Retail Banking with Case Studies From Leading Banks

Dublin - Research and Markets has announced the addition of the "Banking Trailblazers - Winning Strategies in

SPDR S&P Regional Banking Getting Very Oversold

In trading on Friday, shares of the SPDR S&P Regional Banking ETF (AMEX: KRE) entered into oversold territory, changing hands as low as $26.15 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

JPMorgan Chase and Central Banking

Rather than promoting an efficient allocation of real savings, the current so-called deregulated monetary system has been promoting the channeling of money out of thin air. In order to reduce a further weakening of the real wealth-generation processes, it is necessary to introduce tighter controls on banks.

Islamic banking records robust growth: experts

KARACHI: Islamic banking has recorded a robust growth in the country in the last few years and can further expand tremendously with the help of effective legislation and introduction of more products.

Close Brothers' banking shines as securities struggle

Banking, securities and asset management firm Close Bros said it has delivered a solid performance overall as strong growth in the banking division outweighed difficult market conditions at its securities ...

Banking Software meets customer demand while reducing risk.

Urbis helps banks meet demands from customers for new services while reducing complexity. This universal banking system comprises 27 modules supporting mission-critical banking operations, including retail, treasury, private banking, back office operations, risk management, and trading. Along with reporting, settlement, and custody models, features include wealth management functionality that ...

Facebook's IPO fails to live up to the hype

After jumping more than 10 percent at the start of trading, shares of the social network pulled back in their debut on the Nasdaq stock market Friday to gain a mere 23 cents a share.

Facebook's Zuckerberg marries sweetheart

Facebook founder and CEO Mark Zuckerberg updated his status to "married" on Saturday, wedding longtime girlfriend, Priscilla Chan.

NYT: Silicon Valley riches kept on the down low

Make no mistake. In this, Silicon Valley’s gilded age, money is chasing money. You just have to know where to look to see it.

Facebook IPO volume = headaches for Nasdaq

The weight of Facebook's popularity seemed to bog down the Nasdaq in the initial minutes of the social network's debut trading.

Here's who is getting rich off Facebook's IPO

When Facebook priced its initial public offering Thursday, the event created hundreds of instant millionaires and a few billionaires. Topping the list, of course, is founder and CEO Mark Zuckerberg, who sold $1.1 billion worth of shares and saw his remaining stake valued at $19.

Stock market falls as Facebook makes shaky debut

Stocks fell on Friday as Facebook made a shaky debut and finished its first day of trading little changed from its IPO price. Broad market indexes were sharply lower as turned cautious before leaders of the Group of Eight nations met to dicsuss the eurozone debt crisis.

7-Eleven serving up diet Slurpees for the first time

It probably says something more about America than it does about 7-Eleven, but starting this month the retailer is rolling out a product that seems right for its time: a sugar-free Slurpee.

GM won't advertise on next Super Bowl

General Motors does not plan to run ads on the next Super Bowl as it revamps its global marketing operations to cut about $2 billion from its budget.

Facebook CEO Zuckerberg opens trading at Nasdaq

Facebook’s founder and CEO Mark Zuckerberg rang the opening bell at the Nasdaq stock market Friday, signaling the start of share dealing in the U.S.

Record-breaking $90 million penthouse sale in N.Y.

What real estate downturn? A two-level penthouse with sweeping views of Central Park just sold for more than $90 million — a record price for New York, according to the New York Times.

Getting older and going, or going back, to work

The tough job market has been so hard on some Americans that they have dropped out of the running altogether. But here’s a surprising twist: Generally, that’s not been true of older Americans.

Cities where jobs in manufacturing pay the most

Not all manufacturing jobs are created equal -- and certainly not manufacturing pay. According to a new study released by Brookings’ Metropolitan Policy Program, manufacturing wages differ widely between large cities.

Postal Service's next deadline: Aug. 1

The next deadline facing Congress to save the U.S. Postal Service is Aug. 1. That's when the agency won't have enough money to make a $5.5 billion payment to a retirement fund mandated by law.

GM won't advertise in the 2013 Super Bowl

General Motors will not advertise during this year's Super Bowl game, the automaker said Friday.

New York penthouse sells for a record $90 million

An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, the highest price ever paid for a New York apartment, according to the building's developer.

Anti-social: Zynga tumbles after Facebook IPO

Social media stocks just aren't feeling the love, despite Facebook's highly-anticipated stock market debut.

Thrilled and bummed by Google's self-driving car

My first ride in Google's self-driving car was, all at the same time, thrilling, fascinating and a little disappointing.

Enough on Facebook! Buy Google or Apple

Facebook is finally trading. And even though the stock didn't explode out of the gate, the company is still worth more than $100 billion. It shouldn't be.

Facebook: Many mutual funds already have a stake

Whether you do or don't like Facebook, you may already own a piece of the social media site: over the past year, nearly 70 mutual funds have snapped up pre-IPO shares on private markets.

Facebook trading sets record IPO volume

Facebook's stock market debut finally came and went -- but for all the breathless hype, shares ended right near their offering price.

Stocks: Worst week of the year

Stocks closed out an ugly week. Despite initial euphoria surrounding Facebook's public debut, the social network's shares barely popped above its offering price and failed to inspire investors to buy into the broader market.

Europe fears pressure world markets

European and Asian markets closed lower on Friday amid anxiety about Spanish and Greek banks and worries of a further slowdown in China.

'I have an airplane hangar in my front yard'

Like so many Americans across the nation, Julie Clark commutes to work. But she doesn't drive, walk or even take a bus or train. Instead, she flies a plane.

'What should we do with a $100,000 windfall?'

We are retirement age and expect a windfall of $100,000. What should we do? -- Debbie, Jamestown, N.Y.