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Quicken Loans To Acquire $34B In Mortgage Servicing Rights From Ally Bank

2013-03-22 06:42:36| Automakers - Topix.net

Detroit-based Quicken Loans Inc. announced the purchase of approximately $34 billion in mortgage servicing rights from Ally Bank.

Tags: rights bank loans mortgage

 

Co-op Bank in 674m annual loss

2013-03-21 16:32:18| BBC News | Business | UK Edition

The Co-operative Bank says it made a loss and will sell an insurance unit to rescue a deal to take over some of Lloyds Banking Group's branches.

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World Bank condemns 'business as usual' approach to climate change

2013-03-21 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Australian Broadcasting Corporation: TANYA NOLAN: Four months after the Doha climate summit, and the World Bank says it's worrying to see little global effort being made in tackling climate change. It says the "business as usual" approach is undermining any effort the bank has made in addressing global poverty. The vice president for Sustainable Development says the poor are already being hit hard and inaction on climate change is making it worse. Rachel Kyte is talking to environment reporter Sarah Clarke. RACHEL KYTE:...

Tags: business world change approach

 

Cyprus scraps bank levy in new plan

2013-03-21 12:16:32| BBC News | Business | UK Edition

Cyprus drops an unpopular levy on bank deposits in a new plan aimed at securing a huge international bailout.

Tags: plan bank cyprus levy

 

World Bank puts climate change at the top of its agenda

2013-03-21 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Radio Australia: The World Bank's Vice President for Sustainable Development is urging the international community to heed the plight of Pacific Island countries and take action on climate change. Vice President, Rachel Kyte, will tell an audience at the Australian National University late this afternoon that Pacific nations will suffer higher sea level rise than other parts of the world - for some, threatening their very existence. She warns Australia will see some of the most extreme droughts, with summer...

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