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Current news on Banking:
Research and Markets: Argentina Commercial Banking Report Q3 2010 [press release] Business Wire via Yahoo! Finance - 0 KB- Found: 23 hours ago DUBLIN----Research and Markets has announced the addition of the "Argentina Commercial Banking Report Q3 2010" report to their offering. DBS appoints Tan Kong Khoon as group consumer banking head The Edge Singapore - 0 KB- Found: 2010-09-06, 10:38 GMT DBS Group Holdings announced today that it has appointed veteran banker Tan Kong Khoon, 53, as Group Executive and Head of Consumer Banking. Tan joins DBS on Dec 1 from ANZ Bank, where he was most recently Head of Retail Banking and Wealth Management, Hong Kong and North East Asia. DBS says Tan will be a member of the Group Management Committee, reporting to Chief Executive Officer Piyush Gupta ... Barclays picks Diamond as next CEO UPI - 0 KB- Found 32 minutes ago LONDON, Sept. 7 (UPI) -- British banking giant Barclays Tuesday said Robert Diamond would replace Chief Executive Officer John Varley at the end of March 2011. Robert Diamond - John Silvester Varley - Chief executive officer - Barclays - Investment Bank Mobile Phone Banking Comes to South Africa. Will It Work? The Christian Science Monitor - 0 KB- Found: 2010-09-03, 17:29 GMT Vodacom's M-Pesa mobile phone banking service is all the rage in Kenya, where in 3 years it jumped to 10 million customers in a country of 37 million. But as M-Pesa launches in South Africa, it will find a market full of similar services, from cash-transfer windows at grocery stores to Western Union. EU ministers bid to end row over banking taxes Reuters via Yahoo! News - 0 KB- Found: 4 hours ago European Union finance ministers made a fresh attempt on Tuesday to settle their differences over taxation of banks and trading as they prepared to approve the creation of new financial watchdogs. UBI to set up banking in 4000 villages by 2012 New Kerala - 0 KB- Found: 22 hours ago Kolkata, Sep 6 : State-owned financial services company United Bank of India on Sunday announced plans of entering 4,341 villages, currently without banking services, by March 2012. Canadian dollar falls on weak oil, Europe banking worries Reuters via Yahoo! Canada News - 0 KB- Found: 2 hours ago The Canadian dollar edged lower against the U.S. currency on Tuesday as investors shunned riskier assets on weak oil prices and on fresh concerns about the European banking sector. CBRC May Require Banks to Set Aside Reserves of 2.5% of Loans, Caixin Says Bloomberg - 0 KB- Found: 10 hours ago China s banking regulator is drafting a plan to require banks to maintain reserves of 2.5 percent of total loans, Caixin reported, citing an unidentified person close to the regulator. Finance and Banking Mondaq - 0 KB- Found: 3 hours ago The Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Wall Street Reform Act") was formally signed into law on July 21, 2010. Two of its key aspects, the "Adviser Registration Act" and the "Volcker Rule," significantly change the landscape for investment advisers and fund mangers by now requiring many of them to register with the Securities and Exchange Commission (the "SEC") and ... Absa Capital Says It Raised $317 Million in For Absa Homes Retail Business Bloomberg - 0 KB- Found: 1 hour ago Absa Capital, the investment banking unit of Absa Group Ltd., said it raised 2.3 billion rand for Absa Homes Retail Mortgage Backed Securities.
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