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It's going to be a tough quarter for banks

2013-04-08 18:04:30| Apparel - Topix.net

Many analysts also predict that loan growth slowed during the quarter, largely due to a huge uptick in demand in late 2012, when businesses and consumers rushed to borrow ahead of the fiscal cliff.

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World Banks Kim Urged to Stop Financing Fossil-Fuel Projects

2013-04-03 12:32:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: World Bank President Jim Yong Kim, who yesterday vowed to boost the lenders contribution to easing the effects of climate change, was urged by non-profit organizations to stop financing fossil-fuel projects. In a letter sent to Kim today, a group of more than 50 organizations, including Greenpeace and Friends of the Earth, welcomed his commitment to countering global warming and asked him to translate his pledge into action. The World Bank cannot meaningfully address climate change unless...

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World Banks Kim Vows Climate-Change Focus to Help Ease Poverty

2013-04-02 10:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: World Bank President Jim Yong Kim vowed to boost the lenders contribution to easing the effects of climate change as part of a new goal to eliminate extreme poverty by 2030. Helping mitigate shocks, including those caused by global warming, is one of the conditions needed to reach the poverty reduction target, Kim said in a speech at Georgetown University in Washington today. Also required is sustained fast growth in regions such as sub-Saharan Africa and reduced income inequality, he said. ...

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Police alert as Cyprus banks reopen

2013-03-28 06:52:02| BBC News | Business | UK Edition

Armed police are on guard in Cyprus and strict capital controls are in place as banks prepare to reopen amid the crisis over an EU/IMF bailout.

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VIDEO: Cyprus banks prepare to reopen

2013-03-28 03:25:32| BBC News | Business | UK Edition

Banks in Cyprus are to reopen amid tight security on Thursday, 10 days after they closed to prevent a bank run as a controversial bailout was negotiated.

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