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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Banco Popular North America


As a premier community bank, Banco Popular North America strives to create an extraordinary legacy, with a passion for customer service, tremendous dedication to our people, partnership with communities, and commitment to deliver shareholder value. Banco Popular North America models the future and looks to transform and redefine community banking in the United States. It is a culture powered by the commitment to service retail and business clients through innovation, and to fostering growth in our communities. Popular, Inc. is ranked among the 30 largest financial institutions in the U.S., with more than $47 billion in assets.

Headquarters:Rosemont, USA
Address:9600 West Bryn Mawr Rosemont, IL 60018
Phone:1-800-377-0800
Website:www.bancopopular.com
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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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