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Banking News - Get updated with hot and latest banking news and events in Bangladesh. We believe it is helpful for all bankers, people related to the banking sector as well as for those who follow the banking sector in Bangladesh.

HUD, U.S. Bank Resolve Lending Discrimination Accusations.

Posted by BankInfo on Tue, Sep 16 2014 10:14 am
The U.S. Division of Real estate and also Urban Development got to an agreement with U.S. Bank National Association, U.S. Bank subsidiary Red Sky Risk Services, (formerly known as USB Loaning Support Services)

U.S. Targets Russia's Biggest Bank in New Sanctions over Ukraine.

Posted by BankInfo on Mon, Sep 15 2014 11:10 am
The US announced additional sanctions versus Russia on Friday, influencing oil and protection markets and also further restricting the accessibility of major Russian banks to U.S. debt and equity markets to penalize Russia for its intervention in Ukraine.

Citi, Deutsche Bank, Bank Of America Were Channels For Sending Medication Money To Colombia, Court Declaring Shows

Posted by BankInfo on Mon, Sep 15 2014 10:15 am
U.S.-based accounts at Citigroup Inc. (NYSE: C), Deutsche Bank AG (ETR: DBK) and Bank of America Corp. (NYSE: BAC) were used to channel tens of millions dollars' really worth of worldwide drug money that was sent to dubious Colombian currency brokerages, an affidavit from an undercover Massachuse...

Banking Industry Contributes Heavily to U.S. Rep. Andy Barr as he Champions Deregulation Bills

Posted by BankInfo on Sun, Sep 14 2014 01:08 pm
UNITED STATE Rep. Andy Barr, R-Lexington, has become a champ of bank deregulation during his fresher term in Congress.

Tanzania and also World Bank Sign US $565 Million Offer to Expand Port

Posted by BankInfo on Sun, Sep 14 2014 11:09 am
Tanzania signed a US $565 million deal on Friday with the World Bank and other development partners to broaden its main port of Dar es Salaam, component of strategies to increase the eastern African country's role as a regional trade hub.

Fitch Affirms Wells Fargo Bank , N.A.'s U.S. RMBS Master Servicer Rating.

Posted by BankInfo on Sat, Sep 13 2014 11:32 am
Fitch Ratings affirmed Wells Fargo Bank's (WFB) U.S. residential master servicer rating at 'RMS1', Secure Outlook.

British Bank HSBC paying $550M to deal with US Claims on Mortgage Bonds Sold to Fannie, Freddie

Posted by BankInfo on Sat, Sep 13 2014 10:18 am
British bank HSBC has actually consented to pay $550 million to resolve U.S. claims that it misled U.S. mortgage titans Fannie Mae and Freddie Mac about risky home mortgage safeties it sold them just before the real estate market collapsed in 2007.

United State Slaps Sanctions on Russia's Biggest Bank.

Posted by BankInfo on Sat, Sep 13 2014 09:31 am
The United States hit Russia's biggest bank, a significant arms maker and arctic, deepwater and also shale exploration by its most significant oil companies with new sanctions on Friday to punish Moscow for intervening in Ukraine.

Today's Home loan Interest Rates are Holding Firm at US Bank Corp on September 10, 2014

Posted by BankInfo on Thu, Sep 11 2014 12:57 pm
Just when every other financier in the United States is battling hard to estimate steady interest rates, US bank Corp (NYSE: USB) managed to publish unchanged benchmark 30 year fixed mortgage rates of interest on September 10, 2014.

US Banks Suddenly Close Lots of Accounts, Muslim group Suspects Racial Profiling

Posted by BankInfo on Thu, Sep 11 2014 11:55 am
Dozens in the United States have received notifications that their checking account have been shut, without explanation. Some state the banks are trying to remove risk, but a Muslim civil rights group thinks racist policies as well as has grumbled to the Justice Department.
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