Archive for January, 2010

Analysts Expect 4th Quarter Loss for BofA (New York Times)

Written by Admin on Thursday, January 21st, 2010 in Uncategorized.

Bank of America likely will post another loss when it reports fourth-quarter earnings on Wednesday, as banks continue to grapple with their problems loans and a weak economy, Reuters reported.

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Public Bank expects 15pc loan growth this year (Business Times (Malaysia))

Written by Admin on Wednesday, January 20th, 2010 in Uncategorized.

PUBLIC Bank Bhd (1295), the country’s third largest bank, expects loans to continue growing by about 15 per cent this year as it looks to expand in the region amid a recovering economy. The group registered loan growth of 14.4 per cent last year, surpassing the industry’s 7.4 per cent average as at November. Managing director Tan Sri Tay Ah Lek said demand for mortgages, car loans and loans to …

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Tame inflation tags loonie, gives Bank of Canada comfort (Red Deer Advocate)

Written by Admin on Wednesday, January 20th, 2010 in Uncategorized.

OTTAWA — The Bank of Canada received more reason to keep interest rates at record lows Wednesday amid inflation data that indicates the slack economy will keep prices in check throughout the year.

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Analysts expect BofA loss amid credit, TARP (Reuters via Yahoo! Asia News)

Written by Admin on Wednesday, January 20th, 2010 in Uncategorized.

By Joe Rauch

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Bank Of America Not Denying Loans To Saab Buyers [Carpocalypse] (Jalopnik)

Written by Admin on Wednesday, January 20th, 2010 in Uncategorized.

GayWheels and others reported yesterday Bank of America is denying car loans to Saab and Isuzu buyers. We called the company for a statement and they explained they’re actually still loaning money…

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Car Loans A Question For Consumers Now (WFMZ Eastern Pennsylvania and Western New Jersey)

Written by Admin on Tuesday, January 19th, 2010 in Uncategorized.

DETROIT — Now that the U.S. economy is on the mend, many consumers still wonder: So how tough will it be to get a car loan?

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Credit union says business strong in wake of takeover (Tooele Transcript-Bulletin)

Written by Admin on Tuesday, January 19th, 2010 in Uncategorized.

The fire sale of Tooele County’s largest credit union appears to be helping, rather than hurting, the company’s business initially.

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Analysts expect BofA loss amid credit, TARP (Reuters via Yahoo! News)

Written by Admin on Tuesday, January 19th, 2010 in Uncategorized.

Bank of America Corp likely will post another loss when it reports fourth-quarter earnings on Wednesday, as banks continue to grapple with their problems loans and a weak economy.

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Car loans may become somewhat easier to get (Pittsburgh Tribune-Review)

Written by Admin on Tuesday, January 19th, 2010 in Uncategorized.

“It’ll be tougher than it was three years ago, but it will be easier than it was in the first half of last year,” said John Murphy, lead U.S. auto analyst for Bank of America-Merrill Lynch.

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Analysts expect BofA loss amid credit, TARP (MalaysiaNews.net)

Written by Admin on Tuesday, January 19th, 2010 in Uncategorized.

CHARLOTTE, North Carolina (Reuters) - Bank of America Corp likely will post another loss when it reports fourth-quarter earnings on Wednesday, as banks continue to grapple with their problems loans an…

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