Industry - Banking latest news

Statement by Laxey Partners Limited ('Laxey Partners'): Update re possible cash offer for TDG plc ('TDG')

(Editor's note: Howard R. Gold is executive editor of MoneyShow.com., where this column first appeared earlier this week).

Paramount Gold and Silver Corp. Acquires Mining Concession Extending its San Miguel Vein in Mexico

LOS ANGELES, CA (MARKET WIRE) 1st Century Bancshares, Inc. (OTCBB: FCTY) mailed the following letter to its shareholders:

LOS ANGELES, CA (MARKET WIRE) 1st Century Bancshares, Inc. (the "Company" or "1st Century Bancshares") (OTCBB: FCTY), the holding company of 1st Century bank, N.A. (the "Bank"), today reported continued growth in loans and deposits as well as operating results for its first quarter ended March 31, 2008.

Microsoft Corp. has released candidates it tapped to serve on an alternative slate of directors prepared in case of a hostile takeover bid for Yahoo Inc., according to a media report.

PayChest Today Publishes New Website, Sets Direction for the technology Products and Releases Year End Results

Investment in Development Property

The bank of East Asia China has opened its new branch in Tianjin, bringing its total branches on the mainland to 16.

CompuCredit Corporation, a specialty finance company and marketer of branded credit cards, has reported earnings of $2.5 million for the first quarter of 2008, compared with a net loss of $2.5 million for the comparable quarter of 2007.