Banking News Daily




The World Facts

Oct, 22 The price of the oil basket (OPEC) fell to $60 a barrel.

Oct, 17 World oil prices fell below $70 a barrel.

Oct, 6 The capitalization of the world stock exchanges fell by 2.5 trillion dollars.


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American Express Bank GmbH


American Express Bank GmbHAmerican Express ist vielen als renommierter Anbieter von Finanzdienstleistungen wie der American Express Kreditkarte oder den Travelers Cheques ein Begriff. Die American Express Bank ist Teil dieses weltweit tatigen Finanz- und Dienstleistungskonzerns mit Stammhaus in New York. Heute ist die American Express Bank in 38 Landern vertreten.

Headquarters:Frankfurt am Main, Germany
Address:Theodor-Heuss-Allee 112 D-60486 Frankfurt am Main
Phone:+49 69 9797-4444
Website:www.amexbank.de
World Banks


Business and Financial News

Citigroup will sell Citibank Privatkunden AG for $7.7bn - 06.12.2008
Banking giant Citigroup Inc. says it will sell its German retail banking operation and some of its affiliates to France's Credit Mutuel, in $7.7 billion cash deal.
 
Repartition of the Global Banking System is inevitable - 05.12.2008
The financial crisis continues to storm in the global markets. This time the main victim of crisis is a banking system developed and developing countries. And experts notice, that the global banking system will undergo huge changes by 2012.
 
US government puts up $300bn in Citigroup rescue - 25.11.2008
The US government pulled Citigroup back from the abyss yesterday with a comprehensive bail-out that saw taxpayers guaranteeing $306bn of risky assets and injecting $20bn of capital into the banking group.
 
HSBC cuts 450 jobs in Hong Kong - 18.11.2008
HSBC was laying off 500 people in Asia, 90 percent of them in Hong Kong, in a further indication that the Asian financial community, so far relatively unscathed by mass layoffs seen on Wall Street, is being affected by the global financial crisis.

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