RBC capital markets has named Jim Wolfe as the new managing director and head of US leveraged finance as the firm continues to bolster its leveraged finance platform globally.

Banking Business Review Tuesday, July 08, 2008

Hudson Valley Bank opens new branch in Brooklyn

Hudson Valley Bank has opened its new full-service branch in downtown Brooklyn, New York.

Banking Business Review Tuesday, July 08, 2008

Post Office says people over 50's feel credit crunch

The people over 50s are some of the hardest hit by the credit crunch, according to new research by the Post Office.

Banking Business Review Tuesday, July 08, 2008

Skipton Building Society introduces new ISA

Skipton Building Society has launched its new Fixed Rate Cash ISA with a rate of 6.50% gross.

Banking Business Review Tuesday, July 08, 2008

Credit Suisse names new CEO of UK operations

Credit Suisse has appointed James Leigh-Pemberton as the new CEO of its UK operations. He will report to Eric Varvel, CEO of the Europe, Middle East and Africa region.

Banking Business Review Tuesday, July 08, 2008

Fifth Third Private Bank unveils new credit card

Fifth Third Private Bank has launched World Elite MasterCard, a premium credit card for its elite affluent clients. The new card offers cardholders a mix of travel benefits, including airline, cruise, and hotel benefits.

Banking Business Review Tuesday, July 08, 2008

FSA bans and fines mortgage broker for fraud

The UK Financial services Authority has banned Sadia Nasir, a mortgage broker, and fined her GBP129,000 for involvement in numerous fraudulent mortgage applications.

Banking Business Review Tuesday, July 08, 2008

ADB, UN Jointly Implementing Projects in Lao PDR to Help Poor Farmers

(8 July 2008) - The Asian Development Bank and the United Nations Office on Drug and Crime have joined forces to implement projects in the Lao People's Democratic Republic to help poor farmers adopt sustainable livelihood programs.

adb.org Tuesday, July 08, 2008

ADB Establishes Future Carbon Fund

(8 July 2008) - The Asian Development Bank has established a new fund that will use carbon credits generated beyond 2012 to provide urgently needed financing for clean energy projects in the Asia-Pacific region.

adb.org Tuesday, July 08, 2008

Wachovia Securities appoints head of food and beverage investment banking

Wachovia Securities has appointed Chris Morris as managing director and head of food and beverage investment banking.

Banking Business Review Tuesday, July 08, 2008

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