Bankrupt Banking

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Donal O'Donovan: 'Paltry fine at odds with costs borne by ordinary citizens'

Irish Independent 12 Dec 2018

However, under the law as it stands, regulators cannot impose a financial penalty that would be likely to cause Mr McMenamin to go bankrupt. "The Central Bank considers that the breaches admitted by Mr McMenamin merited a monetary penalty of €250,000," it said in a statement....

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In Lebanon, faith in national currency is slipping

Asia Times 12 Dec 2018

Lebanese are losing faith in the stability of the national currency, the pound, despite lucrative and often dangerously high interest rates presented by banks ... That was accompanied by a drop in the value of Lebanese eurobonds issued by the central bank, Banque du Liban (BdL)....

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Central Bank fines and disqualifies ex-INBS executive Tom McMenamin

The Irish Times 11 Dec 2018

Bankrupt. The Central Bank indicated that Mr McMenamin would likely have been deemed bankrupt had it imposed a €250,000 fine that it believed the breaches merited ... INBS cost Irish taxpayers €5.4 billion in bailouts before its assets were merged with fellow-failed lender Anglo Irish Bank in 2011 to form Irish Bank Resolution Corporation (IBRC)....

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Svenska Handelsbanken: Unique Bank And 5.5% Dividend Yield

Seeking Alpha 11 Dec 2018

Svenska Handelsbanken (from here only Handelsbanken) is one of the major banks in Scandinavia (and Europe) ... If you invest via Stockholm, I suspect you will also need to have a Scandinavian bank account, depending on the broker you choose ... Bank ... Its main market, Sweden, is dominated by just four banks and they are not allowed to go bankrupt....

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Some Abil creditors will have to wait while others may never be paid

Business Day 10 Dec 2018

Four years after the collapse of African Bank Limited (Abil), only R1.15bn out of a total R9.6bn has been paid to creditors ... These are creditors, usually banks and bondholders, who are first in line to be paid when a company is declared bankrupt or goes out of business for any other reason....

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National Beverage: Fiscal 2Q Earnings Snapshot

Olean Times Herald 07 Dec 2018

FORT LAUDERDALE, Fla. (AP) — National Beverage Corp ... More from this section. +2 ... Sears' biggest holder bids $4.6B for rest of bankrupt chain. +2. The Latest. 5 banks work to reduce greenhouse emissions. ————— ... ....

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Lebanese businessman pleads guilty to violating US sanctions

Olean Times Herald 07 Dec 2018

WASHINGTON (AP) — A Lebanese businessman accused of providing millions of dollars to the Hezbollah militant group has pleaded guilty to violating U.S ... Sears' biggest holder bids $4.6B for rest of bankrupt chain ... 5 banks work to reduce greenhouse emissions ... ....

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Fed chairman says central bank concerned about rural poverty

Olean Times Herald 07 Dec 2018

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the U.S ... More from this section. +2 ... Sears' biggest holder bids $4.6B for rest of bankrupt chain. +2. The Latest. 5 banks work to reduce greenhouse emissions ... ....

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National Beverage Corp. Reports Excellent Second Quarter

Olean Times Herald 07 Dec 2018

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Dec 6, 2018--National Beverage Corp. (NASDAQ. FIZZ) today announced record results for its second quarter ended October 27, 2018. For the Three Months ended October 27, 2018. ... Our Way is Tastefully . ... +2 ... Sears' biggest holder bids $4.6B for rest of bankrupt chain. +2 ... 5 banks work to reduce greenhouse emissions ... PUB....

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ExxonMobil Introduces Mobil 1™ Truck & SUV Synthetic Motor Oil

Olean Times Herald 07 Dec 2018

The new formula, specifically created for gasoline-fueled, light-duty trucks and SUVs, provides outstanding protection and maximizes engine performance. This press release features multimedia. View the full release here ... (Photo. Business Wire) ... +2 ... Sears' biggest holder bids $4.6B for rest of bankrupt chain. +2 ... 5 banks work to reduce greenhouse emissions....

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Trump’s ties to the Russian mafia go back 3 decades

Vox 07 Dec 2018

It’s well known that Trump likes doing business with gangsters, in part because they pay top dollar and loan money when traditional banks won’t, so it was a win-win for both sides ... Recall that Trump was $4 billion in debt after his Atlantic City casinos went bankrupt....

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