Development Bank News
Development Bank
It seems that everyone needs a bailout, including the people doing the bailing. Vnesheconombank , the state-controlled development bank in charge of the government's $200.0 billion aid package, is asking for $34.0 billion from the state, according to ...
Read moreGuess What Russia's Bailout Bank Needs - Forbes
ROME, Dec 3 (Reuters) - The Organisation for International Cooperation and Development and other major institutions would not be surprised to see the failure of another big international bank, a top OECD official said on Wednesday. "The OECD, the IMF ...
Read moreOECD says a big bank failure wouldn't be a surprise - FXStreet.com
SEOUL: Asian stock markets mostly rose today after a rebound on Wall Street, but pervasive concerns about the dismal outlook for the world economy limited gains. Japan's Nikkei 225 stock average rose 1.8 percent, or 140.41 points, to 8,004.10 and ...
Read moreMost Asian markets rise after Wall Street rebound - Economic Times
KEVIN Rudd is considering creating a taxpayer-owned development bank to help states raise loans to build infrastructure such as roads, railways and ports. And the Prime Minister could also travel to oil-rich Middle Eastern states next year seeking ...
Read moreKevin Rudd considers taxpayer-owned infrastructure bank - News.com.au
CHATTANOOGA, Tenn.--( BUSINESS WIRE )--TransCard – a leading provider of prepaid debit card solutions branded with Discover® Network, MasterCard® and STAR associations – has signed an agreement with University National Bank in St. Paul ...
Read moreUniversity National Bank Chooses TransCard as Prepaid Partner - Businesswire.com
NEW YORK (MarketWatch) -- China's Cabinet is planning a slate of measures to free up domestic lending, including providing billions in extra credit to the country's three policy banks, the state-run Xinhua news agency reported Wednesday. The State ...
Read moreChina reported planning bank liquidity moves - Marketwatch
RIO DE JANEIRO, Dec 3 (Reuters) - Brazil's state development bank said on Wednesday it expects to boost lending by about 10 percent next year to 100 billion reais ($40.4 billion) as the global financial crisis increases demand for its resources ...
Read moreBrazil's BNDES sees lending up 10 pct in 2009 - Reuters
SAO PAULO, Dec 3 (Reuters) - Brazil's currency slumped to its lowest close against the dollar in more than three years on Wednesday, despite central bank support, as the financial crisis continued to boost demand for the U.S. currency. Stocks ended ...
Read moreBrazil real hits 3-yr low vs dollar; stocks gain - Reuters
CHARLOTTE, N.C., Dec. 3 /PRNewswire/ -- Bank of America today announced a new partnership with the Harvard University Center for the Environment. The collaboration, which includes a $1 million grant from the Bank of America Charitable Foundation ...
Read moreBank of America Announces Cleaner Coal Partnership With the Harvard ... - PR Newswire
RALEIGH, N.C. -- Paragon Commercial Bank announces that Virginia G. Parker, a vice president in its Raleigh office, has been named co-chair of the upcoming North Carolina Governor’s Inaugural Ball hosted by the Junior League of Raleigh. The other ...
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