Despite Public Anger, System Still Rigged in Bankers' Favor - New York Times


This is Money
Despite Public Anger, System Still Rigged in Bankers' Favor
New York Times
Stephen Hester, the current Royal Bank of Scotland boss, was bludgeoned by politicians and the news media into forgoing his bonus, even though he had been brought in to clean up the largely state-owned bank. Two days later, his predecessor, ...
Millionaire bank boss Stephen Hester got ski chalet "bonus" from his parents Mirror.co.uk
State-owned Royal Bank of Scotland set to reveal profits of £500m Scottish Daily Record
De-knighting a watershed as UK gets tough on banks The News Journal
WalesOnline - The Independent - This is Money
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But shaky public sector banks need govt support - Hindustan Times

But shaky public sector banks need govt support
Hindustan Times
With the level of bad assets in the Indian banks expected to swell further due to the recent Supreme Court judgment scrapping 122 telecom licences, the government could look at infusing huge capital into the public sector banks in the next fiscal year.

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Public Bank 4Q Net Profit Rises 3.6% To MYR877 Million - Fox Business

Public Bank 4Q Net Profit Rises 3.6% To MYR877 Million
Fox Business
KUALA LUMPUR – Public Bank Bhd. (1295.KU), Malaysia's third largest lender by assets, said Monday higher interest income helped its fourth-quarter net profit rise 3.6%, but higher operating expenses and loan impairment weighed during the period.

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Talks on Greek bailout hang in the balance - Sydney Morning Herald


Telegraph.co.uk
Talks on Greek bailout hang in the balance
Sydney Morning Herald
... private sector pay cuts and layoffs of public servants. Earlier, representatives of the so-called troika - the European Commission, the European Central Bank and the International Monetary Fund - had met for just over an hour with Papademos.
Greece Sets Sunday Deadline For Debt Talks NPR

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Bumps ahead for Public Bank? - Malaysia Star


Malaysia Star
Bumps ahead for Public Bank?
Malaysia Star
By DANIEL KHOO KUALA LUMPUR: Public Bank Bhd may face some resistance ahead in its earnings prospects due to macro factors internally and externally despite its fourth-quarter and full-year earnings for the financial year ended Dec 31, ...

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Public Bank Reports RM4.61 Billion Profit For 2011 - Bernama


Malaysia Star
Public Bank Reports RM4.61 Billion Profit For 2011
Bernama
KUALA LUMPUR, Jan 30 (Bernama) -- Public Bank Bhd has reported a 12.8 per cent increase in pre-tax profit to RM4.61 billion for the financial year ended Dec 31, 2011 from RM4.086 billion in the previous year. Revenue for the twelve-month period rose to ...
Record earnings for Public Bank Malaysia Star
Another record year for Public Bank The Sun Daily

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Two men arrested for peeing in public - WIVB

Two men arrested for peeing in public
WIVB
JAMESTOWN, NY (WIVB) - In separate incidents, State Police arrested two men on Saturday for being drunk and urinating in public. In Jamestown, troopers arrested 58-year-old Michael Forness after seeing him urinating in front of Community Bank.

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Rise in NPA makes PSU banks lag private peers - mydigitalfc.com

Rise in NPA makes PSU banks lag private peers
mydigitalfc.com
Public sector banks account around 70-75 per cent of the total loans in the banking sector. KR Kamath, CMD of Punjab National Bank (PNB), told Financial Chronicle that the provisioning for public sector banks increased due to several factors.

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Community banks: An endangered species - Hartford Business

Community banks: An endangered species
Hartford Business
Beyond that deal, 2011 was mostly quiet on the M&A front, although several larger community banks did go public raising tens of millions of dollars in cash, pushing them above the $1 billion in asset mark. It could put those lenders — including ...

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Central Bank on India may recast loans to power utilities - Economic Times

Central Bank on India may recast loans to power utilities
Economic Times
MUMBAI: Public sector Central Bank of India may go in for restructuring of some of its loans to the electricity companies in the current quarter. "We have a total exposure of around Rs 12000 crore to the power distribution companies (discoms) and some ...

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