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Foreign Money Center Banks
AirAsia takes risks with expansion amid downturn (AP)
Sun, 7 Sep 2008 07:32:12 Etc/GMT
AirAsia, the region's biggest budget carrier, is making a risky bet. As soaring fuel prices have forced other airlines to cut back, shed jobs and ground planes, AirAsia is doing the opposite: increasing flights, adding routes and boosting capital investment.
On London: Scant comfort to be found in the pound's current decline (FT.com)
Fri, 5 Sep 2008 19:50:10 Etc/GMT
Sterling's decline against the dollar showed no signs of slowing this week, but what was more interesting was the reaction of the London market. The FTSE 100 fell 7.1 per cent - its worst weekly performance in percentage terms in more than six years - turning on its head the idea that the UK market performs well during periods of dollar strength.
London Markets: Royal Bank of Scotland, Barclays drop in sharply lower London (at MarketWatch)
Fri, 5 Sep 2008 16:02:00 Etc/GMT
Shares in London decline sharply, with Royal Bank of Scotland and Barclays falling sharply amid fresh worries about the health of the U.S. banking sector.
DataDirect Networks' CEO Alex Bouzari to Present at Deutsche Bank Securities 2008 Technology Conference (PR Newswire)
Fri, 5 Sep 2008 12:00:00 Etc/GMT
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MedQuist names Masanotti as new chief executive (AP)
Fri, 5 Sep 2008 11:36:40 Etc/GMT
Medical information services company MedQuist Inc. on Friday named Peter Masanotti as its new chief executive, effective Sept. 16.
European shares extend losses ahead of U.S. jobs data (at MarketWatch)
Fri, 5 Sep 2008 08:47:56 Etc/GMT
Europe Markets: Banks, tech stocks pressure Europe ahead of U.S. jobs data (at MarketWatch)
Fri, 5 Sep 2008 08:03:00 Etc/GMT
Key U.S. jobs data on tap, Informa rejects private equity offer
UBS appoints new head of fixed income (at MarketWatch)
Fri, 5 Sep 2008 06:40:03 Etc/GMT
[$$] RBS Names Head of Australia Unit (at The Wall Street Journal Online)
Fri, 5 Sep 2008 02:02:00 Etc/GMT
B&B defends A$106m bill (at FT.com)
Thu, 4 Sep 2008 22:35:22 Etc/GMT
Babcock & Brown, the beleaguered Australian investment group, charged one of its satellite funds A$106m in fees in its past financial year, a figure that exceeds that fund's current market value.
[$$] Collins Stewart brings in Cohen (at The Wall Street Journal Online)
Thu, 4 Sep 2008 21:39:00 Etc/GMT
Harris to Launch Aggressive Advertising Campaign (PR Newswire)
Thu, 4 Sep 2008 20:49:00 Etc/GMT
Harris today announced a new advertising initiative that will drive home the bank's "here to help" message to millions of customers and prospects.
Jobless claims jump is bad omen for economy (AP)
Thu, 4 Sep 2008 20:27:38 Etc/GMT
Jobless claims rose unexpectedly last week, the government said Thursday, while companies responded to the slowing economy by producing more with fewer workers.
[$$] RBS Takes Steps to Integrate ABN Australian Operations (at The Wall Street Journal Online)
Thu, 4 Sep 2008 19:52:00 Etc/GMT
Ad-hoc: UBS Names Carsten Kengeter Global Head of Fixed Income, Currencies and Commodities (Business Wire)
Thu, 4 Sep 2008 17:57:00 Etc/GMT
LONDON & NEW YORK---- Announcement according to 15 WpHG: Disclosure announcement transmitted by Business Wire. The issuer is responsible for the content of this announcement. Miscellaneous
UBS Names Carsten Kengeter Global Head of Fixed Income, Currencies and Commodities (Business Wire)
Thu, 4 Sep 2008 17:57:00 Etc/GMT
LONDON & NEW YORK----Regulatory News:
Trichet Bombs Europe (at Forbes.com)
Thu, 4 Sep 2008 16:05:00 Etc/GMT
London Markets: Banks weigh heavily on London; FTSE 100 closes down 2.5% (at MarketWatch)
Thu, 4 Sep 2008 15:59:00 Etc/GMT
ECB Tightens Its Purse Strings (at Forbes.com)
Thu, 4 Sep 2008 15:40:00 Etc/GMT
New Grads Have Great Expectations (CNW Group)
Thu, 4 Sep 2008 14:57:00 Etc/GMT
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