People’s Loan Bank building


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Mikloši?eva cesta 4.

By Josip Vancaš, 1907

Romanian govt in uproar amid austerity protests
The Romanian government was in an uproar Monday over austerity protests – the interior minister resigned, the opposition demanded the prime minister go as well and top police officials held emergency talks with the president.
Read more on WQOW Eau Claire

Regulators shut banks in Florida, Washington state
Regulators on Friday shut down small banks in Florida and Washington state, bringing to 127 the number of U.S. bank failures this year on a wave of loan defaults and economic distress.
Read more on Seattle Times

Landed Banking & Loan Co.


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Hialeah jeweler accused in M scam pleads guilty
A Hialeah jeweler accused in a $ 40 million Ponzi scheme and $ 12 million bank fraud conspiracy has changed his plea to guilty in both cases. Luis Felipe Perez, 38 and known in Hialeah as “Felipito,” had a hearing Thursday in federal court in Miami. He agreed to plead guilty to one count of securities fraud and one count of conspiracy to commit bank fraud.
Read more on Miami Herald

Fincher should explain finances, Tanner says
WASHINGTON — Retiring 8th District Congressman John Tanner said Friday that the Republican candidate for his seat, Stephen Fincher, owes voters an explanation about his financial situation.
Read more on The Jackson Sun

McKillen wins case on NAMA challenge
Paddy McKillen has won a High Court case aimed at widening the grounds upon which he is challenging NAMA.
Read more on RTE News

Is Citigroup finally off the ropes?
A deal late last week to sell its student loan portfolio brings the value of Citigroup’s “bad bank” down by half. Will Vikram Pandit emerge as the victor?
Read more on CNN Money

Man robs Cottonport Bank
Avoyelles Parish sheriff’s deputies are search for a man who robbed a branch of Cottonport Bank in Effie.
Read more on KPLC Lake Charles

Surrey v Glamorgan | Sporting Life – Cricket News | Live Scorecards, England v Pakistan
Kevin Pietersen scored just one as he endured another difficult day as Surrey’s LV= County Championship Division Two match with Glamorgan ended in a tame draw.
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Suddenly, their house is taken over
A Long Beach couple struggling with mortgage payments find out their home’s been auctioned off by Wells Fargo when the new owner’s representative shows up on their doorstep. Mike and Ellen Kahara knew times were tough. They’d run up about $ 30,000 in debt on their credit cards and had fallen about $ 8,000 behind on their mortgage payments.
Read more on Los Angeles Times

Former NBA player Rumeal Robinson guilty of fraud
Rumeal Robinson, who led Michigan to the NCAA men’s basketball championship in 1989 and later played in the NBA, was convicted in federal court Wednesday of borrowing more than $ 700,000 for a sham business deal and then spending the money on a condominium, expensive furniture and cars. A jury found Robinson guilty of 11 counts, including bank bribery, wire fraud, conspiracy to commit bank…
Read more on AP via Yahoo! Sports

Kabul Bank is offered state aid
Afghanistan’s central bank promises to back Kabul Bank as customers continue to take out their savings.
Read more on BBC News

Warning on overdraft trap set by banks
BANKS are enticing depositors to take out high-interest overdrafts on basic transaction accounts.
Read more on The Courier Mail

Warning on overdraft trap set by banks
BANKS are enticing depositors to take out high-interest overdrafts on basic transaction accounts.
Read more on Daily Telegraph

Warning on overdraft trap set by banks
BANKS are enticing depositors to take out high-interest overdrafts on basic transaction accounts.
Read more on Adelaide Now

CVB Financial Corp. Updates Shareholders on Third Quarter Financial Developments
ONTARIO, Calif.–(BUSINESS WIRE)–CVB Financial Corp. (NASDAQ:CVBF) – The purpose of this press release is to update our shareholders on recent third quarter developments with the company that are significant. The following bullet points summarize these developments. A more detailed explanation of each item will follow. We sold approximately $ 537 million in mortgage-backed securities and …
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Abracadabra. Romanian witches win tax fight
BUCHAREST, Romania — Abracadabra, well turn all of you into toads. Thats what Romanian senators may have been fearing when they rejected a proposal to tax witches and fortune tellers. Lawmakers Alin Popoviciu and Cristi Dugulescu of the ruling Democra…
Read more on The Charleston Gazette

Former NBA player Rumeal Robinson guilty of fraud
Associated Press – September 8, 2010 4:44 PM ET DES MOINES, Iowa (AP) – Former professional basketball player Rumeal Robinson has been found guilty on 11 federal financial fraud charges.
Read more on WXOW 19 La Crosse

Former NBA player Rumeal Robinson guilty of fraud
DES MOINES, Iowa (AP) — Rumeal Robinson , who led Michigan to the NCAA championship in 1989, has been found guilty on 11 federal financial fraud charges.
Read more on Greenwich Time

Former NBA player Rumeal Robinson guilty of fraud
DES MOINES, Iowa (AP) — Rumeal Robinson , who led Michigan to the NCAA championship in 1989, has been found guilty on 11 federal financial fraud charges.
Read more on The News-Times

Former NBA player Rumeal Robinson guilty of fraud
Rumeal Robinson, who led Michigan to the NCAA championship in 1989, has been found guilty on 11 federal financial fraud charges.
Read more on KFJX Pittsburg

MONEY & BANKING
NON-PERFORMING ASSETS: Loan waiver to come under tax net in new regime May create hardships for debt restructuring cases. Corporates going in for debt restructuring may face rough weather on the income-tax front when the Direct Taxes Code (DTC) comes into play from April …
Read more on The Hindu

Romania prez: Reassess IMF deal in October
(AP:BUCHAREST, Romania) Romania’s president said Monday the country should reconsider its loan agreement with the International Monetary Fund in October.
Read more on INO News

Bank Indonesia Holds Rates Steady At 6.5%
(RTTNews) – Indonesia’s central bank on Friday decided to maintain benchmark interest rates unchanged at 6.5% as expected. However, Bank Indonesia ordered lenders to set aside more cash in reserves in order to curb lending.
Read more on INO News

The new Irish question
With Anglo Irish Bank’s losses continuing to spiral, more are wondering how the nation will remain solvent
Read more on Cape Cod Times

G-20 Deputies Discuss Concern Erratic Market May Dim Short-Term Outlook
Deputies finance ministers and central-bank governors from the Group of 20 nations discussed concerns the recent volatility in financial markets may dim the short-term outlook for the global economy, a Bank of Korea official said.
Read more on Bloomberg

Gulf War vet gets 5 years for bank robbery
A Persian Gulf War veteran down on his luck who had to borrow $ 500 to buy Christmas presents for his four children has been sentenced to serve five years in prison for the April robbery of a Wachovia bank in Chesterfield County. Michael T. Perkinson, 46, of Prince George County …
Read more on Richmond Times-Dispatch

Civil servants in top-level quake meeting
The country’s top civil servants are locked in a briefing in the Beehive’s bunker, following yesterday’s major earthquake in Christchurch.
Read more on Timaru Herald

Japan central bank extends loan program, while PM unveils billion stimulus
TOKYO – Japan’s government and the central bank threw the economy a double lifeline Monday, seeking to contain a strong yen and revive a faltering recovery.
Read more on Minneapolis-St. Paul Star Tribune

Private college groups launch web loan tool
COLUMBUS, OHIO — Private, nonprofit colleges in Ohio and 11 other states have launched a new web tool to help students find private loans for school.
Read more on The Washington DC Examiner

Latvia Auctions Five-Year Bonds in First Such Sale Since September 2008
Latvia had its first successful auction of five-year bonds since being engulfed by the global financial crisis two years ago, signaling debt markets in the hardest-hit of the Baltic economies are returning to normal.
Read more on Bloomberg

After bad audit reports, East Bank asks for help
CHARLESTON, W.Va. — Officials in East Bank have asked the man responsible for straightening out Nitros finances to help correct problems with East Banks books. On Thursday, the East Bank Town Council voted to fire municipal clerk Donna Johnson after …
Read more on The Charleston Gazette

Commonwealth Bankshares, Inc., Norfolk, VA, Announces Sale of Non-Performing Loans and Purchase of Performing …
NORFOLK, Va. — Commonwealth Bankshares, Inc., announced today that on August 25, 2010, Bank of the Commonwealth , a wholly-owned subsidiary of the Company, entered into and closed an Asset Purchase and Sale Agreement with Monterey I Holdings, LLC pursuant to which the Bank sold non-performing commercial and construction and development loans, without recourse, for $ 19.2 million, with no loss to …
Read more on GlobeNewswire via Yahoo! Finance