International Business News - Banks http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The government of the United Arab Emirates says it's extending a new guarantee on domestic banking deposits to international banks with "significant operations" in the country. http://www.ibtimes.com/articles/20081013/emirates-extends-deposit-backing-to-foreign-banks.htm Mon, 13 Oct 2008 07:36:50 EDT Major central banks said Monday they would offer unlimited short-term dollar credits to banks in an effort to relieve ongoing stress on the world financial system. http://www.ibtimes.com/articles/20081013/central-banks-announce-more-liquidity.htm Mon, 13 Oct 2008 05:49:13 EDT Five central banks, including the Federal Reserve and the European Central Bank, announced Monday new measures aimed at thawing frozen credit markets and bolstering funding to banks. http://www.ibtimes.com/articles/20081013/central-banks-announce-liquidity-boosting-measures.htm Mon, 13 Oct 2008 05:02:33 EDT Officials in the United Arab Emirates say the country's financial institutions remain healthy despite growing fears the global credit crisis will hurt the booming Gulf economy. http://www.ibtimes.com/data/articleimgs/150646-emirates-dubai-airport-new-terminal.jpg http://www.ibtimes.com/articles/20081012/emirates-officials-say-nations-banks-are-strong.htm http://www.ibtimes.com/articles/20081012/emirates-officials-say-nations-banks-are-strong.htm Sun, 12 Oct 2008 07:01:41 EDT Among the sector activity stories for Friday, Oct. 10, from AP Financial News: NEW YORK (AP)--Shares of investment banks Morgan Stanley and Goldman Sachs dove Friday as concern grew over the stability of both banks' credit ratings and Morgan's deal with Mitsubishi UFJ. http://www.ibtimes.com/articles/20081010/sector-roundup-i-banks-department-stores.htm Fri, 10 Oct 2008 19:18:35 EDT As consumer confidence in big banks larded with distressed mortgage assets weakens, smaller community banks and credit unions are trying to win the hearts and minds--and deposits--of consumers. http://www.ibtimes.com/articles/20081010/small-banks-court-depositors-amid-market-turmoil.htm Fri, 10 Oct 2008 16:39:46 EDT Shares of investment banks Morgan Stanley and Goldman Sachs dove Friday as concern grew over the stability of both banks' credit ratings and Morgan's deal with Mitsubishi UFJ. http://www.ibtimes.com/articles/20081010/sector-snap-investment-banks-plunge.htm Fri, 10 Oct 2008 15:01:50 EDT Shares of some top investment banks companies are down at noon: Goldman Sachs fell $21.64 or 21.4 percent, to $79.71. http://www.ibtimes.com/articles/20081010/midday-glance-investment-banks-companies.htm Fri, 10 Oct 2008 13:19:46 EDT Shares of some top commercial banks companies are mixed at noon: First Horizon fell $.32 or 4.2 percent, to $7.25. http://www.ibtimes.com/articles/20081010/midday-glance-commercial-banks-companies.htm Fri, 10 Oct 2008 13:19:36 EDT Bank stocks were mixed Friday, as investors weighed a number of potential government initiatives to help free up lending and stabilize the economy. After rallying early in the session, some financial stocks pulled back. The swings in prices reflected those in the broader market, though not as severely. Frozen credit markets and a loss of confidence in the world's financial system have caused the Dow Jones industrial average to drop 21 percent in just 10 trading days, and Friday afternoon it was down 300 points at 8,298. http://www.ibtimes.com/articles/20081010/sector-snap-bank-stocks-fluctuate.htm Fri, 10 Oct 2008 13:00:36 EDT Shares of some top investment banks companies are mixed at 10 a.m.: Goldman Sachs fell $7.47 or 7.4 percent, to $93.88. http://www.ibtimes.com/articles/20081010/early-glance-investment-banks-companies.htm Fri, 10 Oct 2008 11:08:46 EDT Shares of some top commercial banks companies are up at 10 a.m.: First Horizon rose $.34 or 4.5 percent, to $7.91. http://www.ibtimes.com/articles/20081010/early-glance-commercial-banks-companies.htm Fri, 10 Oct 2008 11:08:34 EDT Spain's government insisted Friday that a 30 billion euros ($41 billion) fund it will use to buy assets from banks starved for liquidity will have zero cost for taxpayers. http://www.ibtimes.com/articles/20081010/spain-plan-to-help-banks-will-cost-taxpayers-zero.htm Fri, 10 Oct 2008 10:34:07 EDT European central banks offered another $120 billion in overnight credit to banks Friday, in an effort to keep a strained financial system flush with cash. http://www.ibtimes.com/articles/20081010/european-central-banks-offer-120-billion-cash.htm Fri, 10 Oct 2008 10:23:19 EDT Shares of some top investment banks companies were down at the close of trading: Goldman Sachs fell $11.65 or 10.3 percent, to $101.35. http://www.ibtimes.com/articles/20081009/final-glance-investment-banks-companies.htm Thu, 09 Oct 2008 18:06:19 EDT Shares of some top commercial banks companies were down at the close of trading: First Horizon fell $1.08 or 12.5 percent, to $7.57. http://www.ibtimes.com/articles/20081009/final-glance-commercial-banks-companies.htm Thu, 09 Oct 2008 18:06:00 EDT New Jersey is taking steps to keep several emergency food distribution centers afloat. Gov. Jon S. Corzine says the state will fast-track the distribution of nearly $1 million to six food banks. http://www.ibtimes.com/articles/20081009/new-jersey-speeds-up-aid-to-struggling-food-banks.htm Thu, 09 Oct 2008 16:11:08 EDT Bank stocks fell Thursday amid news that the Bush administration is considering taking part ownership in a number of U.S. banks in its continued effort to help prop up ailing financial institutions. http://www.ibtimes.com/articles/20081009/sector-snap-bank-stocks-mostly-fall.htm Thu, 09 Oct 2008 17:46:29 EDT Shares of some top investment banks companies are down at noon: Goldman Sachs fell $4.35 or 3.8 percent, to $108.65. http://www.ibtimes.com/articles/20081009/midday-glance-investment-banks-companies.htm Thu, 09 Oct 2008 13:36:15 EDT Shares of some top commercial banks companies are mixed at noon: First Horizon fell $.58 or 6.7 percent, to $8.07. http://www.ibtimes.com/articles/20081009/midday-glance-commercial-banks-companies.htm Thu, 09 Oct 2008 13:35:55 EDT