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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Bank of Montgomery


Bank of Montgomery provides full-service banking. The Bank strive to provide old-fashioned personal service with all the modern conveniences and technology. Bank of Montgomery consistently earns Sheshunoff's and Bauer's highest ratings for commercial banks in the United States. Bank of Montgomery has been dedicated to personal service for its customers. Combine a rich tradition of family banking with the fast pace of modern technology and you have Bank of Montgomery. We offer all of the products and services of a larger bank with the friendly, personal service of a community bank. We invite you to become a part of our family where we offer big city banking with that hometown feel.

Headquarters:Montgomery, USA
Address:1000 Caddo Street
PO Box 128
Montgomery, Louisiana 71454
Phone:(318) 646-3386
Founded:1903
Website:www.bofm.com
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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