Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Stocks were little changed on the open Thursday as investors keep a close eye on developments in Greece. Just after the opening bell on Wall Street, the Dow Jones Industrial Average was up 25 points, while the Standard & Poor’s 500 Index [...]
Posts Tagged ‘Bank’
Greek banks run out of collateral acceptable to ECB
August 26th, 2011
admin Vittorio Hernandez – AHN News Athens, Greece (AHN) – Greece activated on Wednesday night the Emergency Liquidity Assistance after the country’s lenders run out of collateral acceptable to the European Central Bank. The Greek Central Bank made the move which is seen as the last stand for the country’s banks. The ELA allows national central [...]
European Central Bank hikes interest rates to 1.5 percent
July 9th, 2011
admin Vittorio Hernandez – AHN News Frankfurt, Germany (AHN) – The European Central Bank raised on Thursday key lending rates by a quarter point to 1.5 percent. The rate hike aims to curb inflation, said ECB President Jean-Claude Trichet. He hinted of more benchmark rate increases in the future, despite weak economic growth in southern Europe [...]
European Central Bank leaves interest rates alone for now while signaling increase coming soon
June 9th, 2011
admin Linda Young – AHN News Writer Brussels, Belgium (AHN) – The president of the European Central Bank president made comments that indicate eurozone interest rates could go up next month. The ECB announced Thursday that for the time being interest rates would hold steady at 1.25 percent. At the same time he made that announcement, [...]
Money Loan With No Bank Account – 5 Personal Loan Tips
May 20th, 2011
admin Having a bank account opens you up to a world of opportunities. In fact, it lets you do so many things with your money that most checking account and savings account holders take them for granted. After all, with a bank account you can access your cash from just about anywhere via the nation’s interlinked [...]
In St. Petersburg, code violations pile up at bank-owned vacant homes
March 27th, 2011
admin By Susan Taylor Martin, Times Senior Correspondent Friday, March 25, 2011 ST. PETERSBURG — A few weeks before Christmas, a city of St. Petersburg code investigator cited Deutsche Bank for failing to maintain the swimming pool at a vacant foreclosed house on 10th Street N. Now, a few weeks before Easter, the water is pea [...]
Bank Chief Rejects Idea of Reducing Home Loans
March 9th, 2011
admin Bank of America executives said on Tuesday that a government idea to write off tens of billions worth of mortgage debt was unworkable and warned that it would be unfair to untroubled borrowers. View full post on All Stories
BofA Pilots Program to Lower Mortgages
March 5th, 2011
admin Arizona, Nevada, and California are among the states that have proposed using federal aid money to have Bank of America lower the amount struggling borrowers owe on their mortgages. View full post on All Stories
Reserve Bank leaves interest rates steady
March 1st, 2011
admin THE central bank has spared borrowers an interest rate rise, leaving the cash rate at 4.75 per cent in a widely expected move. View full post on All Stories

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