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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Banknorth Group, Inc.


TD Banknorth Inc. is a leading banking and financial services company headquartered in Portland, Maine and a wholly-owned subsidiary of TD Bank Financial Group with banking divisions in Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania and Vermont.

TD Banknorth, N.A. provides a full line of retail and commercial products and services for customers in Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania and Vermont.

Headquarters:Portland, USA
Address:Two Portland Square
Portland, Maine 04101
Phone:800-462-3666
Website:www.banknorth.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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