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  • Banco Santander close to deal for Sovereign Bancorp Monday, October 13, 2008 @ 5:32PMBanco Santander of Spain is in advanced talks to acquire Sovereign Bancorp for about $2.5 billion.
  • Americans Tightening Belts Monday, October 13, 2008 @ 2:07PMNEW YORK – The dramatic changes in the US financial system – the debt write-downs and consolidation of corporate balance sheets – are now mirrored at kitchen tables around the United States. Households are cutting spending, paying down debt, and rebuilding their personal balance sheets. The belt-tightening may have been spurred by two years of falling home values followed by surging energy and ...
  • Sovereign and Santander: We are talking Monday, October 13, 2008 @ 1:06PMSovereign Bancorp Inc. and Banco Santander S.A. both confirmed today that they are in talks to acquire Philadelphia-based Sovereign Bancorp.
  • Santander Confirms Deal Talks for Sovereign Monday, October 13, 2008 @ 11:07AMBanco Santander of Spain confirmed Monday that it is in talks to buy U.S. bank Sovereign Bancorp , but said that no deal has yet been reached.
  • Takeover likely for Sovereign Bancorp Monday, October 13, 2008 @ 9:51AMPhiladelphia-based Sovereign Bancorp, which like many banks has been caught in the recent financial meltdown, was in "advanced talks" last night to sell itself to Banco Santander S.A. of Spain, which was already a part owner, according to published reports.
  • Legal frameworks need adjustments to support growth in ME mortgage markets Monday, October 13, 2008 @ 7:18AMLegal frameworks need adjustments to support growth in ME mortgage markets
  • Former WaMu executive named to JPMorgan Chase post Thursday, October 9, 2008 @ 1:38PMJPMorgan Chase named a former Washington Mutual executive to head up WaMu’s retail banking business. (JPM)
  • Current global economy scenario - similar to market crash of 1929: Experts Tuesday, October 7, 2008 @ 3:48PMMumbai, Oct 07 : The main cause of the 1929 depression was the expansion of liquidity in the 1920s that led to a credit-driven boom which was not sustainable.
  • Residential developers offering freebies, discounts Tuesday, October 7, 2008 @ 10:37AMBangalore, Oct 7 Rising property prices and increased interest rates, coupled with a demand-supply mismatch has brought down the overall affordability of residential properties in the country today forcing developers to resort to offering feebies and early bird discounts to arrest fall in sales, according to a recent report.
  • Botswana: BBS Launches Loan Consolidation Scheme Monday, October 6, 2008 @ 10:36AMThe Botswana Building Society (BBS) has launched a loan consolidation scheme to improve its services to customers.
  • Mayor Appeals To Fed, Charlotte Leaders Briefed On Wachovia Impact Monday, October 6, 2008 @ 12:05AMUPDATE: Channel 9 Eyewitness News has obtained a letter sent by Charlotte Mayor Pat McCrory to the Federal Reserve and the FDIC concerning the battle for Wachovia.
  • What’s next for financial agencies? Sunday, October 5, 2008 @ 7:32PMFinancial regulators are drafting plans to overhaul themselves with more staff and a stronger focus on risky lending practices at financial institutions.
  • Inside Entrepreneurship: Be careful tapping equity for startup Thursday, October 2, 2008 @ 8:25PMShould you fund your startup with a home equity loan? Susan Schreter advises caution.
  • Caught in Waves Created by Deals to Steady System Thursday, October 2, 2008 @ 5:17PMTriage by government officials—including arranging the sales of Washington Mutual Inc. and Wachovia Corp.—is designed to steady the financial services industry.
  • TSX drops to lowest level in more than 2 years Thursday, October 2, 2008 @ 4:26PMThe Toronto stock exchange was battered by falling commodity prices Thursday, which pulled down the index by nearly 814 points to its lowest level in more than two years.
  • Breakdown Approaches Climax Thursday, October 2, 2008 @ 12:51PMPardon the brief and jumpy style, laced with more emotion than usual. The events of the last few days have been remarkable, alarming, chaotic, and surreal. Gonna attend the Toronto gold show hosted by the Cambridge House this weekend. If you are there, grab my arm and say hello.
  • Local business fords financial whitewater Thursday, October 2, 2008 @ 11:28AM This is an ongoing series providing local views on the nation’s financial crisis.
  • Offered in October Thursday, October 2, 2008 @ 1:05AM Two upcoming home remodeling workshops incorporating "green" design will be taught by Sam Chereskin, an Encinitas architect, at San Dieguito Adult Education and MiraCosta College workshops.
  • Offered in October Thursday, October 2, 2008 @ 1:05AM Two upcoming home remodeling workshops incorporating "green" design will be taught by Sam Chereskin, an Encinitas architect, at San Dieguito Adult Education and MiraCosta College workshops.
  • Q and A with chairman of Wisconsin Bankers Association Wednesday, October 1, 2008 @ 5:41AMRussell C. Weyers, president and chief operating officer of Johnson Bank, is also chairman of the Wisconsin Bankers Association. Tuesday afternoon, Weyers met with the Kenosha News editorial board to discuss the nation’s economic crisis.
  • How did it come to this for Wachovia? Wednesday, October 1, 2008 @ 4:24AMThe end of Wachovia Corp. as a banking institution may have appeared as abrupt as a heart attack Monday.
  • HNI Corporation Third Quarter Fiscal 2008 Results Conference Call Tuesday, September 30, 2008 @ 6:38PMHNI Corporation (NYSE: HNI) will host its quarterly conference call for investors to discuss third quarter fiscal 2008 results on:
  • HNI Corporation Third Quarter Fiscal 2008 Results Conference Call Tuesday, September 30, 2008 @ 2:56PM MUSCATINE, Iowa----HNI Corporation will host its quarterly conference call for investors to discuss third quarter fiscal 2008 results on: Thursday, October 16, 2008 11:00 a.m. Eastern 10:00 a.m.
  • Turbulent market hits home Tuesday, September 30, 2008 @ 1:42PM    Even in a down year for the Bay County real estate market, Jan Cox said she and other area real estate agents felt like "we were reaching a good point," with phones ringing and a perceived uptick in buyer interest.
  • America, it’s time to play Monopoly! Tuesday, September 30, 2008 @ 4:42AMWith the announcement of Citigroup’s purchase of the Wachovia Corporation, the Federal Deposit Insurance Corporation told us Monday morning of the latest bank to get whacked by the predatory mortgage market, as in what goes around comes around.
  • Citigroup to take over Wachovia Tuesday, September 30, 2008 @ 4:15AMCitigroup will acquire the banking operations of Charlotte-based Wachovia, the latest bank to fall victim to the distressed mortgage market. Citigroup will pay $1 a share, or about $2.2 billion, for what is the largest bank in South Carolina based on deposits, according to people briefed on the deal. The FDIC said that the agency would absorb losses from Wachovia above $42 billion and that it ...
  • Citigroup to Buy Wachovia’s Bank Assets for $1 a Share Monday, September 29, 2008 @ 11:09PMUpdated 9:39 a.m.: Citigroup has agreed to buy Wachovia ’s banking operations in a government-brokered deal for $1 a share in stock, a move that that would concentrate power within the nation’s banking industry in the hands of a few giant lenders, The New York Times’s Eric Dash and Andrew Ross Sorkin reported Monday morning.
  • Citigroup Buys Banking Operations of Wachovia Monday, September 29, 2008 @ 12:48PMThe sale would further concentrate Americans? bank deposits in the hands of just three banks: Bank of America, JPMorgan Chase and Citigroup.
  • 100th Battalion memorial services held in Hanapepe Monday, September 29, 2008 @ 12:12PMAnnual memorial services were held yesterday at the Hanapepe Veterans Cemetery. The services are held each year on the last Sunday of September, which is the Sunday closest to the first battalion member killed in action in the war in Europe.
  • Citigroup Nears a Deal for Wachovia Monday, September 29, 2008 @ 11:48AMCitigroup is near a deal for Wachovia , a move that that would concentrate power within the nation’s banking industry in the hands of a few giant lenders, The New York Times’s Eric Dash and Andrew Ross Sorkin reported Monday morning.
  • Citigroup and Wells Fargo said to be bidding for Wachovia Monday, September 29, 2008 @ 1:15AMAlthough the Federal Reserve and Treasury Department were pushing for a sale, the U.S. government was resisting pressure to provide financial guarantees to the buyer.
  • Business Briefcase Sunday, September 28, 2008 @ 6:40PMBROOKSVILLE Oak Hill Hospital recently announced its Star Associates of the Month for September. Each month, hospital associates are chosen in a process that involves nominations and voting by their peers, patients, patient families and physicians.
  • Texas jobs may be lost along with WaMu Saturday, September 27, 2008 @ 5:57AMWashington Mutual received $15 million from the Texas Enterprise Fund and $1 million from the city of San Antonio to create thousands of state jobs, but WaMu is gone, and so is the incentive money.
  • The Week of Storms Tuesday, September 23, 2008 @ 4:26AMLast week’s faction on the shocking experience of a press secretary was very well received. Many readers have asked for the full story about ‘spin city’, and I was going to write it, when the financial storm hit town. With my background in Economics, I cannot but write about it before it gets stale.
  • Will we miss the midsized companies? Monday, September 22, 2008 @ 12:12AMAnother medium-sized independent -- Safeco -- goes away. With all the trouble in big-sized companies, are we going to miss the guys in the middle?
  • Chat transcript: Calming Financial Fears Saturday, September 20, 2008 @ 3:35PMThe following is a partial transcript of a live chat during "Calming Financial Fears: A 10 Town Meeting" on Sept. 19, 2008. The guest was Assistant Professor Jeanne Haser-Lafond of Rhode Island College. She answered questions on a variety of personal finance topics.
  • What brought down Wall Street? Saturday, September 20, 2008 @ 2:06AMWhat brought down the markets? Bad choices, greed — and never learning from past mistakes
  • This Essential 2008 Report on Residential Mortgages and HELOCs in the United States Is Available Now Friday, September 19, 2008 @ 9:56AM DUBLIN, Ireland----Research and Markets has announced the addition of the "Residential Mortgages and HELOCs in the United States 2008" report to their offering.
  • (AFX UK Focus) 2008-09-19 06:28 PRESS DIGEST - Wall Street Journal - Sept 19 Friday, September 19, 2008 @ 5:33AMSept 19 (Reuters) - Sept 19 (Reuters) - The following were the top stories in The Wall Street Journal on Friday. Reuters has not verified these stories and does not vouch for their accuracy. * The U.S. government is working on programs that could represent the biggest intervention in financial markets since the 1930s, including a mechanism to take bad assets off the balance sheets of financial ...
  • Task force meets to address local effects of foreclosure crisis Thursday, September 18, 2008 @ 1:15PMTask force meets to address local effects of foreclosure crisis
  • Regulators Try to Change Rules to Match the Need Wednesday, September 17, 2008 @ 11:16PMRegulators this week proposed a significant change in accounting rules to bolster banks and spur consolidation.
  • AIG rescue signals to Wall St that crisis not over Wednesday, September 17, 2008 @ 10:11PMBy Nick Carey
  • Surviving the storm Wednesday, September 17, 2008 @ 3:35PMThe shakeup of the U.S. financial system this week shows the magnitude of the credit crisis, and any significant economic recovery could be at least 18 months away, executives of Citizens Bank said Tuesday.
  • Student Loans More Important Than Ever Now Wednesday, September 17, 2008 @ 11:45AMApplications for student loans are up nationwide and also here at Ozarks universities. And in these tough times, more and more people are struggling with the debt they accumulated by getting an education.
  • As Bank of America grows, so do concerns Wednesday, September 17, 2008 @ 2:33AMIts recent acquisitions have created a financial powerhouse. Is such a vast concentration of wealth and power in the best interests of consumers? I have seen the future, and it is Rollerball.
  • US insurance giant must be rescued, say bosses Tuesday, September 16, 2008 @ 11:28PMIndustry leader, AIG, on brink of bankruptcy under weight of huge losses on financial markets
  • Q&A: Tuesday, September 16, 2008 @ 6:11PMHow will the Wall Street crisis affect average Americans? WASHINGTON - Average Americans have a lot at stake in how the widening financial crisis plays out.
  • Spillover will affect average consumers Tuesday, September 16, 2008 @ 9:56AMWASHINGTON -- Average people have a lot at stake in how the widening financial crisis plays out. Here are some answers to questions about it:
  • Q&A: What does the Wall Street crisis mean for you? Tuesday, September 16, 2008 @ 9:13AMAverage Americans have a lot at stake in how the widening financial crisis plays out. Here are some answers to questions about it: QUESTION...
  • UPDATE: Plum Creek shift reduction hits 35 workers in Columbia Falls Posted on Sept. 11 Thursday, September 11, 2008 @ 8:45PMCOLUMBIA FALLS n Plum Creek Timber Co. announced the latest in a string of shift reductions Thursday, as a sluggish national real estate economy continues to reduce demand for wood products.