International Business News - Regional 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 Credit losses at regional banks will probably grow until late 2009, a JPMorgan Chase & Co. analyst said Wednesday as he slashed his estimates for the group. http://www.ibtimes.com/articles/20081203/ahead-of-the-bell-regional-banks.htm Wed, 03 Dec 2008 08:02:46 EST Among the sector activity stories for Wednesday, Nov. 26, from AP Financial News: NEW YORK (AP)--Shares of regional banks were mixed Wednesday, as investor concerns about the overall health of the sector were offset by the effect of a broader market rally. http://www.ibtimes.com/articles/20081126/sector-roundup-regional-banks-solar.htm Wed, 26 Nov 2008 17:39:06 EST Shares of regional banks were mixed Wednesday, as investor concerns about the overall health of the sector were offset by the effect of a broader market rally. http://www.ibtimes.com/articles/20081126/sector-snap-regional-bank-stocks-mixed.htm Wed, 26 Nov 2008 14:35:56 EST Shares of regional banks were mixed Tuesday, after the government introduced a number of new initiatives designed to help unfreeze the credit markets. http://www.ibtimes.com/articles/20081125/sector-snap-regional-bank-stocks-mixed.htm Tue, 25 Nov 2008 12:54:19 EST Shares of regional banks rose Monday as investors focused on the government's plan to bail out Citigroup Inc. The KBW Bank Index, which includes 24 national and regional banks, rose 11.6 percent in afternoon trading to 41.18. http://www.ibtimes.com/articles/20081124/sector-snap-regional-banks.htm Mon, 24 Nov 2008 14:07:18 EST Two of Delta Air Lines Inc.'s regional subsidiaries that handle connecting service for the world's biggest carrier said Tuesday they have replaced their presidents. http://www.ibtimes.com/articles/20081118/two-delta-subsidiaries-get-new-presidents.htm Tue, 18 Nov 2008 15:46:54 EST Shares of regional banks mostly fell Monday afternoon amid continued concerns about the financial services sector and as an analyst cut his price target for BB&T Corp. http://www.ibtimes.com/articles/20081117/sector-snap-regional-banks-mostly-fall.htm Mon, 17 Nov 2008 12:42:53 EST Shares of regional banks slid Tuesday amid more signs of weakness in the financial sector and a string of bleak corporate earnings reports. Losses piled up in the broader market as third-quarter reports from companies such as coffee retailer Starbucks Corp. and home builder Toll Brothers Inc. sent a strong signal to investors that few industries are immune to a sharp pullback in consumer spending. http://www.ibtimes.com/articles/20081111/sector-snap-regional-bank-stocks-fall.htm Tue, 11 Nov 2008 14:47:55 EST Shares of most regional banks fell Monday afternoon as investors continue to worry about the performance of banks amid the ongoing credit and mortgage market turmoil. http://www.ibtimes.com/articles/20081110/sector-snap-regional-banks-mostly-fall.htm Mon, 10 Nov 2008 12:48:55 EST The prime ministers from five Southeast Asian nations gathered in Hanoi Friday to boost cooperation in face of the global economic slowdown. Their mutual efforts have become "extremely necessary" given the world's financial troubles, said Vietnamese Prime Minister Nguyen Tan Dung, speaking at the opening of the meeting, also attended by leaders of Laos, Cambodia, Myanmar and Thailand. http://www.ibtimes.com/articles/20081107/5-se-asian-nations-meet-to-boost-cooperation.htm Fri, 07 Nov 2008 02:57:34 EST Most regional bank stocks followed the broader market down on Thursday, continuing a descent that began in the previous session, as concerns over the economy once again permeated Wall Street. http://www.ibtimes.com/articles/20081106/sector-snap-regional-bank-stocks-mostly-fall.htm Thu, 06 Nov 2008 13:12:58 EST Shares of regional banks fell with the broader market Wednesday as investors cashed in on recent gains as the economy continues to falter. The Dow Jones Industrials average fell more than 3 percent to 9,330.58 and the Standard & Poor's 500 fell 3.3 percent to 972.90. http://www.ibtimes.com/articles/20081105/sector-snap-regional-banks.htm Wed, 05 Nov 2008 13:56:54 EST A news report says the leaders of South Korea, Japan and China plan to meet next month for talks expected to focus on the global financial crisis. Yonhap news agency cited an unidentified government official as saying Sunday that the three nations have tentatively agreed to meet in Fukuoka in southern Japan on Dec. 14. http://www.ibtimes.com/data/articleimgs/165539-south-korea.jpg http://www.ibtimes.com/articles/20081102/report-s-korea-japan-and-china-to-meet-in-dec.htm http://www.ibtimes.com/articles/20081102/report-s-korea-japan-and-china-to-meet-in-dec.htm Sun, 02 Nov 2008 08:15:11 EST Shares of regional banks traded mixed Wednesday after the Federal Reserve cut its key interest rate by half a percentage point to 1 percent, a move designed to further spur lending among banks and to consumers. http://www.ibtimes.com/articles/20081029/regional-bank-stocks-mixed-following-fed-rate-cut.htm Wed, 29 Oct 2008 14:49:46 EDT Shares of most regional banks rose Tuesday, after several announced they have been approved for capital investments from the government. A number of regional banks, including SunTrust Banks Inc., KeyCorp, Fifth Third Bancorp and Zions Bancorp, have announced this week that they've received preliminary approval from the government for investments under the U.S. Treasury Department's capital purchase program. http://www.ibtimes.com/articles/20081028/sector-snap-regional-bank-stocks-mostly-rise.htm Tue, 28 Oct 2008 14:58:17 EDT Shares of regional banks mostly fell Friday--a day of deep declines in the broader market--as concerns about a potential global economic recession weighed on investors. http://www.ibtimes.com/articles/20081024/sector-snap-regional-bank-stocks-mostly-fall.htm Fri, 24 Oct 2008 16:03:20 EDT Regional banks said throughout the week that they are considering or will apply to receive direct equity investments from the federal government under its recently passed $750 billion bailout plan. http://www.ibtimes.com/articles/20081024/ahead-of-the-bell-regional-banks.htm Fri, 24 Oct 2008 08:23:24 EDT Shares of regional banks faltered Thursday as investors fled financial stocks amid more signs of a weakening economy. The Labor Department reported Thursday that new applications for unemployment benefits rose 15,000 last week to a seasonally adjusted 478,000. Jobless claims above 400,000 are considered a sign of recession. http://www.ibtimes.com/articles/20081023/sector-snap-regional-bank-stocks-fall.htm Thu, 23 Oct 2008 14:56:14 EDT Shares of regional banks were mixed Tuesday amid continued signs of easing in the strained credit markets countered by concern over the weak economy. Bank-to-bank lending rates eased, signaling that some of the government's sweeping new measures to spur lending may be working. The government is injecting $250 billion in U.S. banks by buying equity shares in them as part of the $700 billion rescue package. http://www.ibtimes.com/articles/20081021/sector-wrap-regional-bank-stocks-mixed.htm Tue, 21 Oct 2008 17:02:47 EDT Shares of regional banks were mixed Monday as signs of easing in the credit markets weren't enough to offset investors' concerns about the effects of a worsening economy on the financial sector. http://www.ibtimes.com/articles/20081020/sector-snap-regional-bank-stocks-mixed.htm Mon, 20 Oct 2008 14:08:40 EDT