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Morgan Stanley cuts in Docklands
The wider retrenchment in the investment banking industry is staring to have a visible effect on offices in London's Docklands financial district
FT.com

Cookson calling
Cookson shares soar after it unveils £240m rights issue aimed at avoiding a breach of banking covenants on its £730m of debt
FT.com

Sweden offers lessons for US toxic clean up
Lars Thunell, head of the World Bank's International Finance Corporation, is one of the few people in the world who has actually run a so-called 'bad bank' - Securum - formed by Sweden to absorb toxic assets during its banking crisis in the 1990s
FT.com

Midwest Banc Holdings, Inc.: Midwest Banc Appoints J. J. Fritz as New CEO
MELROSE PARK, IL (MARKET WIRE) The Board of Directors of Midwest Banc Holdings, Inc. (NASDAQ: MBHI) today named Jay Fritz President and CEO of Midwest Banc Holdings, Inc. and CEO of its wholly owned banking subsidiary, Midwest Bank and Trust. Jay Fritz is a long-term Chicago banker who is presently Executive Vice President and a Director of Midwest Banc Holdings, Inc. and President, Chief Operating Officer and a Director of Midwest Bank & Trust Company. Previously, Jay was Chairman of Royal American Corporation, a bank holding company, which was acquired by Midwest Banc in 2006. Jay assumes the President and CEO
Marketwire.com

Morgan Stanley cuts in Docklands (at FT.com)
Morgan Stanley is to vacate a quarter of its office space in Canary Wharf as the wider retrenchment in the investment banking industry begins to have a visible effect on offices in London's Docklands financial district.
ft.com

Italian imports hit $6.4bn - Gulf Daily News
MANAMA: The volume of Bahrain&os;s overall commercial imports from Italy topped BD2.42 billion ($6.42bn) in 2007. The figures were released as Industry and Commerce Minister Dr Hassan Fakhro yesterday received Italian Minister of State for Foreign ...
Feed Digest

Volvo Requests $626 Million Loan
The majority of the rescue plan consists of Swedish government guarantees for loans from the European Investment Bank.
IndustryWeek

2009 Awards: Readers Pick the Best Small Business Tech Tools
Our roster of winners includes the best tools to help small business owners curb costs and improve efficiency. Whether you're looking for hardware, applications, security or e-commerce technology, the top vote-getters deliver the goods.
Internet.com

Isle of Man savers in Icelandic bank to get £10000 of money back
Thousands of savers who lost money when an Icelandic bank collapsed are to receive up to £10000 of their money back.
Telegraph

Banks renew dirty war over deposits - Punch
In spite of the Central Bank of Nigeria's warning that banks should desist from the habit of blackmailing rivals through unethical marketing strategies, the dirty competition, largely for depositors' confidence has been renewed with a fresh ...
Feed Digest

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