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Banking crisis creates problems for naming rights (The Daily American) NEW YORK ? The Wall Street meltdown is extending into the worlds of sports and entertainment, creating an identity crisis for arenas and teams that have received millions of dollars for trumpeting the names of financial companies that are now collapsing. New-age censors 'flag' Web posts (The Washington Times) One of the hottest Internet videos during the mortgage and banking crisis has been a YouTube clip titled "Burning Down the House," which outlines the untold story of how liberal Democrats pressured banks and lenders to throw standards out the window and give money to people who couldn't pay it back. Hairdressers Cut Costs by Banking Smartly (PRWeb) As credit-conscious consumers continue to cut back on their spending, cash is even more critical for small salon businesses and start ups. Simply by adopting smarter banking practices, salon businesses can save thousands of pounds. (PRWeb Oct 2, 2008) Read the full story at http://www.prweb.com/releases/business/banking/prweb1406954.htm Cyber expert details Internet-safety dangers (Deseret Morning News) It took computer safety expert Linda Criddle only nine minutes to snag the phone number of a teenage girl in Nebraska who had posted just a little information about herself on a social networking Web site. Tech firms thrive with Internet banking (Denver Post) Technology companies offering alternative payment methods and websites that help people monitor their spending and investments are thriving during the current economic turmoil. Wireless Internet everywhere (Chatham Daily News) No connection? No problem. In fact, you just need to charge up your battery and take a little walk downtown. Wireless Internet connections are [...] Wells Fargo press release on merger (The Charlotte Observer) Wells Fargo & Company (NYSE:WFC - News) and Wachovia Corporation (NYSE:WB - News) said today they have signed a definitive agreement for the merger of the two companies including all of Wachovia?s banking operations in a whole company transaction requiring no financial assistance from the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Under the agreement, Wells ... UK banking fraud soars in 2008 (VNU Net via Yahoo! UK & Ireland News) Losses incurred by the UK banking industry due to fraud hit �301.7m in the first half of 2008, compared to �263.6m in the same period in 2007, according to UK payments association Apacs. New Celent Report on Cost Management Released A new report on cost management in corporate and institutional banking ... (Finance Technology Network) In the past, corporate and investment banking businesses experienced strong, long-term growth. Despite market crises over the past 20 years, revenues have seldom fallen for more than a year, and the industry has always been able to grow back to profitability. Revealed: Internet and phone are media of choice for fraudsters (Computer Weekly) The internet and phone networks are now the vehicles for more than half of all fraud committed on UK bank accounts, the UK's payments industry association... |
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