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Telegraph.co.uk

Citizen Bob Diamond plays it positive on Barclays
Telegraph.co.uk
By James Quinn Describing a conversation with a senior White House economic adviser following the 2008 financial crisis, he was asked: “Do you think banks can be good citizens?” He spent the next 30 minutes – and much of the six months that have ...

and more »
08:35 PM 02/04/2012


USA TODAY

Is the demise of Swiss private banking gathering pace?
Campden FB
Although they aren't about to admit it, most Swiss banks are having a torrid time in their home market. The ongoing pressure on the legitimacy or otherwise of offshore bank accounts held by Americans and Europeans in the Alpine nation isn't going away.
US indicts Wegelin bank for helping Americans avoid taxReuters
Swiss bankers' nerves fray after Wegelin indictmentReuters UK
Swiss Bank Wegelin Charged With Helping US Tax EvasionBusinessWeek
Tucson Citizen
all 191 news articles »
10:13 AM 02/04/2012


New York Times

Witness Says He Warned Stanford on Ponzi Plan
New York Times
HOUSTON — As R. Allen Stanford's chief financial officer, James A. Davis knew a lot about his boss's offshore banking operations. As he took the witness stand on Thursday against his former boss, Mr. Davis said he repeatedly warned him over the years ...
Testimony continues in trial of R. Allen Stanfordabc13.com

all 832 news articles »
01:09 AM 02/03/2012


Sydney Morning Herald

Westpac slashes 560 jobs, sending 150 offshore
The Australian
Up to 150 jobs, mostly in IT, are likely to be sent offshore as Westpac increases the number of jobs outsourced to India Julia Gillard said yesterday that despite the conditions facing the banks, she believed the financial services sector would remain ...
Westpac to Cut Hundreds of JobsWall Street Journal
Hundreds of Westpac bank jobs to be lostHerald Sun
Hundreds of jobs to be chopped from Westpac AustraliaTVNZ
Ninemsn -Sydney Morning Herald
all 451 news articles »
01:06 PM 02/02/2012


Is the Banking Sector Really Safe and Sound?
AllAfrica.com
In turn, due to an increase in the deposit base, most banks resumed their lending activities which had been put on hold. By December 2011, the average loan to deposit ratio, including offshore lines of credit, was over 87%. Local banks have notably ...

06:51 AM 02/04/2012







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