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Banks May Force Clients to Eat Cost of Negative Nordic Rates

2015-01-29 12:55:11| Appliances - Topix.net

Back in 2012, when Denmark first cut its benchmark deposit rate below zero, commercial banks balked at the suggestion they could share that cost with retail clients for fear of losing business. Now, with rates even lower and the prospect of further cuts, banks are considering charging the people whose deposits provide their funding.

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The new banks you cannot speak to

2015-01-29 03:02:00| BBC News | Business | UK Edition

The new banks you cannot speak to

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Load Banks facilitate testing of diverse AC power sources.

2015-01-27 14:33:25| Industrial Newsroom - All News for Today

With 700–3,750 kW capacity range and air-cooled power resistor, Taylor Load Banks provide contained, organized, and fully controllable load for testing of generators, UPS, and other AC power sources. Voltage options include all common 3-phase 50/60 Hz or 208–240/480 Vac dual voltage. Heavy-duty units, offered in portable and stationary versions, also include digital load control; slide out, tray-mounted load elements; and operator interface via handheld remote controller with touchscreen.

Tags: power sources diverse testing

 

The Wall Street Journal: Data providers tell banks, brokers what reports subscribers read

2015-01-26 15:59:29| IT Services - Topix.net

In the hedge-fund world, there is no more closely guarded secret than what stock a firm is preparing to target. The reason: Bloomberg LP and other data providers inform banks and brokerages after a subscriber reads their research reports.

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Lee Banks '85 Elected President & COO of Parker Hannifin

2015-01-22 03:29:56| Industrial Machines - Topix.net

Lee C. Banks, a 1985 graduate of DePauw University, has been elected president and chief operating officer of Parker Hannifin Corporation , the global leader in motion and control technologies, effective February 1. Banks has also been elected a member of Parker's Board of Directors, effective immediately. "As an operating officer of the company since 2006, Mr. Banks has had leadership responsibility for the Filtration, Engineered Materials, Instrumentation, Climate and Industrial Controls, Hydraulics, Fluid Connectors and Automation product groups and the Europe, Middle East and Africa, and Latin America regional groups," notes today's announcement.

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