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01 Nov 2004 07:17 AM
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ABN Amro Dutch unit balances US mortgage decline:
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The biggest Dutch bank ABN Amro reported third-quarter net profit growth of 26.3% despite of its U.S. mortgage business decline.
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29 Oct 2004 08:37 AM
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The pound performed better: NIESR survey:
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The National Institute of Economic and Social Research unveiled data showing the pound may have performed better than it was estimated by BoE.
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29 Oct 2004 07:36 AM
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China 0.27% rate hike won’t impact economy:
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China does not expect the first in nine years rate hike to impact much nation’s economy as well as China’s renminbi.
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28 Oct 2004 05:55 AM
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Fed confident of US economy growth:
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The U.S. Federal Reserve reported its confidence about the U.S. economy expanding despite of high oil prices and uncertainty before presidential elections.
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27 Oct 2004 08:39 AM
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Abbey National lost market share amid Santander bid:
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Amid the takeover by Santander Central Hispano SA, the UK second-largest mortgage lender Abbey National Plc lost market share in British mortgages.
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27 Oct 2004 08:12 AM
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BoJ sees no need to tighten policy:
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Japan will not tighten its monetary policy as the consumer prices became positive, said Bank of Japan’s governor Toshihiko Fukui on Tuesday.
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25 Oct 2004 08:29 AM
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Citigroup’s Japan unit to see changes:
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The Japanese private banking unit of the world’s biggest banking group Citigroup will soon be revamp, people familiar to the issue said.
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25 Oct 2004 07:51 AM
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MTFG may disclose merger ratio for UFJ:
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The No.3 bank of Japan Mitsubishi Tokyo Financial Group said it has an option to reveal the information about its possible merger bid for the nation’s fourth-biggest banking group to make investors less anxious about the issue.
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25 Oct 2004 05:14 AM
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BBVA of Spain earnings soothe estimate:
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The second-largest bank in Spain Banco Bilbao Vizcaya Argentaria SA reported on Monday its nine-month results being in line as earlier estimated.
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21 Oct 2004 09:31 AM
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ECB warns new EU members:
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The European Central Bank made a significant caution towards the new members of the European Union of joining euro issue.
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21 Oct 2004 07:55 AM
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Citigroup wants to get rid of its top executives:
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The world biggest banking company Citigroup on Wednesday dismissed its three top executives for the sake of improving its reputation after the scandal in its Japanese private bank.
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21 Oct 2004 06:51 AM
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Mortgage decline breeds staff cut:
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Staff cut is seeing in real estate industry as mortgages show poor performance and worries over the home prices grow.
Gross
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21 Oct 2004 03:30 AM
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Update 2: Greenspan mortgage speech treated sceptically:
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On Tuesday, the U.S. Federal Reserve Chairman Alan Greenspan made an attempt to soften the fears about mortgages and growing home prices. But more analysts treat the speech as forging.
Mr. Greenspan said mortgage debt is now under control and won’t see any impact from growing home prices. "If lenders, including community bankers, continue their prudent lending practices, household financial conditions
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20 Oct 2004 11:24 AM
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Greenspan: Mortgage bubble fears softened:
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On Tuesday, the U.S. Federal Reserve Chairman Alan Greenspan made an attempt to soften the fears about mortgages and growing home prices.
Mr. Greenspan said mortgage debt is now under control and won’t see any impact from growing home prices.
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20 Oct 2004 11:00 AM
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Bank of New York profit rose 36%, matched expectations:
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Bank of New York said today its third-quarter profit rose 36%, on cost-cutting. Net income rose 36% to $354 million, or 46 cents per share, from $260 million, or 34 cents per share last year. Analysts expected 46 cents per share
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