(PRWEB UK) 14 February 2013 According to the BBC, The Bank of England has suggested that the rate of inflation will increase even more than its current 2.7 percent towards around 3 percent by the start of the summer. The new figures will be the second consecutive year that the inflation rate has been above [...]
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Community Banks Today and the Loan-Growth Challenge
San Francisco, California (PRWEB) October 02, 2012 The Federal Reserve Chairman, Ben Bernanke, recently said that many community banks are recovering from the financial crisis. Profits of smaller banks were considerably higher in 2011 than in the previous year, nonperforming assets were lower, provisions for loan losses fell appreciably, and capital ratios improved, he said. [...]
See tier-1 capital at 8% on govt capital infusion: SBI
Diwakar Gupta, CFO of SBI says the bank expects healthy inflow in deposits after a hike in non-resident external (NRE) deposits rates. Asset quality of the b… Video Rating: 0 / 5 Video Rating: 0 / 5
Latest Gold Reserves News
The great gold redemption The important point is not that Cyprus has to sell €400 million worth of its gold reserves, but rather the circumstances of the sale and the potential buyers that will emerge. Gold Demanded, Not Divested. After all, this isn't a strategic investment … Read more on Resource Investor Here's What This [...]
Unemployment rate continues to drop
irish unemployment rate for females under 25 Image by Sean MacEntee irish unemployment rate for females under 25 Unemployment rate continues to drop Wednesday, May 22, 2013. Unemployment rate continues to drop. Blaine County rate falls to 5.5 percent in April. By EXPRESS STAFF. Idaho employers maintained hiring at normal levels in April, but another [...]
Volatile Construction Spending Reflects Declines In US Housing Wealth
Minneapolis, Minnesota (PRWEB) October 03, 2012 Spending on construction of single-family residential homes and apartments increased again, a hopeful sign for the modest housing recovery. Spending on residential construction fell 1.6 percent in July from June to a seasonally adjusted annual level of $ 264.6 billion. But that was dragged lower by a 5.5 percent [...]
Australians Rush to Buy Gold Bullion
Amityville, NY (PRWEB) June 22, 2010 The gold hysteria has hit Australia hard as investors dump paper money and turn to precious metals as a source of diversification of their wealth says George Vo, Precious Metals Sales Manager of Gold De Royale, Australias premier retailer for Swiss precious metals. With gold prices hitting an all [...]
Latest European Central Bank News
Draghi says euro zone more stable, "needs a more European UK" LONDON (Reuters) – The euro zone is more stable than a year ago but economic conditions remain challenging and governments must push on with reforms and banking union plans, European Central Bank President Mario Draghi said on Thursday. Read more on Reuters UK Only [...]