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Bank of America ousts Merrill Lynch head
JOHN Thain quits after bank of america finds piles of toxic debt, secret bonuses and a $2 million bill for redecorating his office.
The Australian

Former Merrill chief Thain gets the boot at Bank of America
New York » His Wall Street pedigree seems impeccable. A top job at Goldman Sachs. The chief of the new york stock exchange. Finally, the reins of the stock market's Thundering Herd -- Merrill Lynch.
The Salt Lake Tribune

Bank of Japan Saw Financial Lending Remain Flat
In its monthly report, the Bank of Japan stated that economic conditions have been "deteriorating significantly." Hurt by a substantial decrease in exports,...
Daily FX

Big bonuses, costly commodes: Thain out at B of A
John Thain must have known he through at bank of america Corp. when news broke of his $1,400 (U.S.) wastepaper basket made of parchment
The Globe and Mail

At Merrill, Focus Returns to Survival
Bank of america's ouster of John Thain left Merrill employees reeling, as they continued to absorb job cuts and a rocky integration into a bank that was supposed to offer stability.
WSJ.com

Arizona shut out of most recent bailout round
The U.S. Treasury Department released details Thursday about $1.5 billion it invested in 39 commercial and community banks. Arizona banks were shut out of this latest rescue package through the federal Troubled Asset Relief Program.
bizjournals

Forex Market Update: Dollar Rises Against EUR, GBP and AUD on Risk ... - Daily FX
The Market OracleForex Market Update: Dollar Rises Against EUR, GBP and AUD on Risk ...Daily FX, NY - 56 minutes agoThe USD rose against the EUR, AUD, GBP and CAD but fell against the JPY on the back of continued risk aversion with global banking concerns in Europe, ...Market Overview by Forex Yard Forex HoundUSD Technical Forex Analysis for Daily Traders TopNewsDaily Forex Commentary January 22 IBTimes AustraliaDaily FX - Daily FXall 88 news articles
Info 5000

Hong Kong shares end morning slightly lower in thin pre-holiday trade ... - Forbes
HONG KONG (XFN-ASIA) - Share prices finished the morning session slightly lower in thin trade ahead of a 5-day break, with heavyweight HSBC and China banks helping the main index come off early lows. HSBC was up 2.63 pct, gaining for a second day ...
Feed Digest

Banking`s Private Equity Dilemma
Will stressed firms sell their stakes for a song? Bet on it.
Forbes

American River Bank turns down stimulus money
American River Bankshares board decided not to take money as part of the U.S. Treasury Department's Capital Purchase Program.
bizjournals

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