Feb 24th 10
Obama offers himself as business-friendly centrist (AP via Yahoo! News)
President Barack Obama is presenting himself as a business-friendly centrist whose main concern is America’s competitiveness.
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Obama offers himself as business-friendly centrist (AP via Yahoo! News)
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Feb 24th 10
PacWest Bancorp Announces the Sale of $323.6 Million of Non-Covered Adversely Classified Loans, Including $107.6 … (PR Newswire via Yahoo! Finance)
PacWest Bancorp today announced that on Tuesday, February 23, 2010, its wholly-owned bank subsidiary, Pacific Western Bank, completed the sale of 61 non-covered adversely classified loans totaling $323.6 million, which includes $107.6 million of nonaccrual loans, to an institutional buyer for $200.6 million in cash. Â The sale was on a servicing-released basis and without recourse to Pacific …
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Feb 24th 10
Groups push for restrictions on payday loans (Great Falls Tribune)
HELENA — A coalition of advocacy groups launched a ballot initiative campaign Tuesday aimed at restricting the annual percentage rates for so-called “payday” and title loans.
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Groups push for restrictions on payday loans (Great Falls Tribune)
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Feb 24th 10
Saudi SABB says non-performing loans at $940 mln in 2009 (Reuters via Yahoo! Philippines News)
RIYADH, Feb 24 (Reuters) – Non-performing loans at Sabb bank , HSBC’s Saudi affiliate, soared more than 16 times to 3.53 billion riyals ($940.3 million) in 2009, according to financial statements published on Wednesday.
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Saudi SABB says non-performing loans at $940 mln in 2009 (Reuters via Yahoo! Philippines News)
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Feb 24th 10
Bank closes green loans early (Herald Sun)
WESTPAC and ANZ banks have shut the door on the Federal Government’s green loans scheme.
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Bank closes green loans early (Herald Sun)
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Feb 24th 10
En Masse Entertainment Debuts as New MMO Game Company (Business Wire via Yahoo! Finance)
SEATTLE—-En Masse Entertainment, a new breed of game publisher specializing in bringing globally renowned online properties to Western audiences, today announced its company formation.
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En Masse Entertainment Debuts as New MMO Game Company (Business Wire via Yahoo! Finance)
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