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Foreign Regional Banks
Bancolombia S.A. Announces Unconsolidated Results for the Month of September 2008 (PR Newswire)
Fri, 10 Oct 2008 21:16:00 Etc/GMT
Bancolombia S.A. reported unconsolidated net income of Ps. 60.3 billion in September 2008. Net income for Bancolombia on an unconsolidated basis totaled Ps. 824.3 billion for the first nine months of 2008, increasing 44.0% as compared to the same period of 2007.*
[$$] Ireland Extends Deposit Guarantee to Some Foreign Banks (at The Wall Street Journal Online)
Thu, 9 Oct 2008 11:31:00 Etc/GMT
Correction to Information Statement: Bancolombia S.A. Announces the Transfer of Assets to Colombia Inmobiliaria (PR Newswire)
Tue, 7 Oct 2008 15:25:00 Etc/GMT
This correction to the Information Statement, dated October 6, 2008, corrects an inadvertent error in the approximate value of the 38 real estate properties transferred to "Colombia Inmobiliaria".
Bancolombia S.A. Announces the Transfer of Assets to Colombia Inmobiliaria (PR Newswire)
Mon, 6 Oct 2008 23:00:00 Etc/GMT
On October 3, 2008, Bancolombia S.A. made an in-kind contribution of 38 real estate properties to private equity fund Colombia Inmobiliaria . The 38 properties are valued at approximately Ps. 2,034,874,029.
Cajas in the balance (at FT.com)
Sun, 5 Oct 2008 17:45:15 Etc/GMT
Banks have crumpled throughout Europe but the real economy is more or less alright. In Spain, it is the other way round. The economy is in recession, unemployment is soaring, and the property market - one of the world's most elevated - has crashed.
Bancolombia S.A. Announces That It Has Signed a New Collective Bargaining Agreement (PR Newswire)
Fri, 3 Oct 2008 21:42:00 Etc/GMT
At a meeting held yesterday, Bancolombia S.A. and the unions Uneb and Sintrabancol, agreed to a new collective bargaining agreement . The Agreement will have a term of three years, beginning on November 1, 2008.
Sleep easier with no cash under the mattress (at FT.com)
Fri, 3 Oct 2008 17:35:25 Etc/GMT
Where are the safest places to put my cash? Northern Rock and National Savings & Investments are the only two UK-based institutions where deposits, no matter the amount, are fully backed by the government.
Fitch reaffirms positive rating for Compass (at bizjournals.com)
Fri, 3 Oct 2008 16:55:08 Etc/GMT
[$$] Korea Feels Credit Pinch as Woes Spread in Asia (at The Wall Street Journal Online)
Fri, 3 Oct 2008 04:02:00 Etc/GMT
Exodus as UK savers shift to Irish safe haven (at FT.com)
Fri, 3 Oct 2008 03:20:14 Etc/GMT
Tens of thousands of savers are seeking to transfer their cash out of the UK and into Irish banks - including the Post Office accounts run by Bank of Ireland - to gain the unlimited deposit protection recently afforded them by the Irish government.
Ireland lawmakers back bank guarantee plan (at MarketWatch)
Thu, 2 Oct 2008 16:55:00 Etc/GMT
Irish lawmakers vote for a controversial law that guarantees all bank deposits, a move that has rescued for now the countryâs under-fire banking system.
Ireland 'had to act quickly' on guarantees (at FT.com)
Thu, 2 Oct 2008 15:45:25 Etc/GMT
Brian Lenihan has had a baptism of fire. Just four months after taking over as Ireland's finance minister, the former barrister this week found himself in the global market spotlight after the Irish government decided, late on Monday night, to guarantee the deposits and debts of the country's six largest financial institutions.
First BanCorp Announces Payment of Preferred Dividends (PR Newswire)
Thu, 2 Oct 2008 13:00:00 Etc/GMT
First BanCorp announced today that its Board of Directors has declared the next payment of dividends on First BanCorp's Series A through E Preferred Shares.
Irish government may request stocks of protected banks (at MarketWatch)
Wed, 1 Oct 2008 11:09:00 Etc/GMT
A day after announcing the guarantee of bank deposits for two years, the Irish government on Wednesday says it may demand stock from any bank that needs its assistance.
[$$] Ireland Gets Caught Up In World's Banking Crisis (at The Wall Street Journal Online)
Tue, 30 Sep 2008 21:34:00 Etc/GMT
Ireland takes steps to safeguard banking system (at MarketWatch)
Tue, 30 Sep 2008 13:08:00 Etc/GMT
The Irish government on Tuesday says it will guarantee domestic banksâ deposits and debt for two years in an effort to allay fears of an imminent collapse after shares in the sector lost more than a quarter of their value in Dublin Monday.
Irish banks help lift European stocks (at FT.com)
Tue, 30 Sep 2008 11:45:34 Etc/GMT
Irish banks staged a dramatic rally on Tuesday after Ireland's government said it would guarantee all deposits and bank debt at six financial institutions for two years, following the previous session's record losses in which the island's stocks slid to their lowest level in 10 years.
Ireland guarantees deposits at six banks (at FT.com)
Tue, 30 Sep 2008 08:30:27 Etc/GMT
Ireland's government said on Tuesday it would start a guarantee arrangement to safeguard all deposits at six financial institutions in response to turmoil in the international financial markets.
Bancolombia S.A. Announces the Appointment of Member of the Audit Committee (PR Newswire)
Mon, 29 Sep 2008 23:41:00 Etc/GMT
Kookmin Remakes Self As Aggressive Acquirer (at Forbes.com)
Mon, 29 Sep 2008 13:46:00 Etc/GMT
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