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News For: National Bank AnnuitiesCrisis fuels European talk of national bank champions Persistent financial turmoil is fuelling fresh market talk that governments and central banks in Europe may push troubled lenders to merge to create national bank champions strong enough to withstand the crisis. National Bank economist says U.S. faces year-long recession, Wall Street turmoil MONTREAL - The United States will endure a severe recession lasting a year but avoid a multi-year depression because troubled financial companies will quickly be purged, merged or bought, a National Bank economist predicted Thursday. National Bank economist says U.S. faces year-long recession, Wall Street turmoil MONTREAL - The United States will endure a severe year-long recession, but avoid a protected depression because troubled financial companies will quickly be purged, merged or bought, a National Bank's chief economist predicted Thursday. AI gets Exim Bank loan to buy Boeing aircraft WASHINGTON: The Export-Import Bank of the United States Exim Bank and the National Aviation Company of India Ltd NACIL has signed a $548.6 million financing for Air India's purchase of Boeing aircraft. Vollmer complex gets $20K donation from bank The $5-million funding campaign for the Vollmer Culture and Recreation Complex in LaSalle took one step further towards completion Friday, with the donation of $20,000 by the National Bank. Sector Wrap: National bank stocks surge Shares of national banks surged in late trading Thursday, as investors were encouraged by a report that the federal government may create an entity to hold banks' bad debt. Air India gets USD 548.6 mn Ex-Im Bank loan By Arun Kumar, Washington, Sep 20 : The Export-Import Bank Ex-Im Bank of the US has given India's national carrier Air India USD 548.6 million in loan guarantees to support the purchase of Boeing aircraft. Punjab National Bank to raise Rs.5 Billion through bonds Mumbai: The state-owned Punjab National Bank PNB Wednesday announced that it will raise Rs.5 billion through sale of Upper Tier II Bonds Series V. According to a statement issued by the bank, the issue will have an option to retain oversubscription through private placement. Patriot National Bancorp, Inc. Announces Its Quarterly Dividend Patriot National Bancorp, Inc. NASDAQ Global Market "PNBK", the parent of Patriot National Bank, announced that it has declared a quarterly dividend on its Common Stock. Lehman Brothers and Your Bank Deposits ABA says despite the market mayhem, the money in your bank account is protected. |