Japan’s Ministry of Finance unilaterally intervened in the currency markets, selling the Yen. The results showed strong swings in the USD/JPY, EUR/JPY, GBP, and others. It was the first intervention in currency markets for Japanese authorities since 2004. US stocks, which opened weaker due to some weak manufacturing reports, rallied and turned positive, helping to [...]
July 1 (Bloomberg) — Standard Bank Group Ltd., South Africa’s largest credit card provider, said the number of credit card accounts opened in the first half of 2010 rose 30 percent from a year earlier, boosted by spending for the World Cup. “The World Cup is buoying the general psychology of the nation and spend [...]
Hours after the accusations of fraud at Goldman Sachs began to reverberate through Wall Street on Friday, voice mail message indicators inside the bank began to light up. Mr. Blankfein, the bank’s leader, was calling to assure anxious employees that Goldman was unbowed. In the days since, Goldman’s board and employees have rallied around senior [...]
HSBC admits making a mistake. Its system was not updated after you paid the bill so the collections department really did think you had failed to pay. When you phoned, you spoke to the inbound call centre team which is separate from the outbound call centre people who later phoned you. The two centres did [...]
ULSTER Bank is to diversify into the motor insurance market and plans to create one of the largest in-branch distribution networks in the Irish market. The bank announced yesterday that its product will feature discounts of up to 10% on new policies for its existing banking customers. The announcement comes less than a week after [...]
Black Friday 2012 | Amazon Black Friday 2012 | Amazon Black Friday 2012 | Cyber Monday 2011 | Cyber Monday Sales | Cyber Monday Sales | Amazon Cyber Monday 2012