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Bank of Canada sees bigger risk to banking system
OTTAWA (Reuters) – There is a slightly bigger risk of instability in the Canadian financial system than there was six months ago, with high household debt being the main domestic trouble, the Bank of Canada said on Wednesday.
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Financial sector edges slow ahead
IT MAY only be a crumb of comfort to those who lost their jobs in the meltdown that followed the banking crisis, but there are signs that the financial services industry in Ed
Read more on Edinburgh Evening News

Uganda: Few Impressed With Tax-Free Hoes
Finance Minister Maria Kiwanuka’s tax-free hoes may have sounded good in the budget speech, but many argue that the primitive implement cannot solve the real problems in agriculture
Read more on AllAfrica.com

Shriram Transport Fin to open more auto malls
Shriram Transport Finance Company has said that it will add 40 small outlets across the country to sell pre-owned commercial vehicles this fiscal, as well as open two large such showrooms in the coming months.
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Siemens Willing to Finance Cape Wind as U.S. Postpones Backing, CFO Says
Siemens AG, Europe’s largest engineering company, is willing to provide financing for the first U.S. offshore-wind farm even though the Energy Department has delayed support, the company’s chief financial officer said.
Read more on Bloomberg

Registry rules ‘invite fraud’
The car-finance industry says new rules restricting access to vehicle-registration information are pushing up costs and opening the way for fraudsters.As of May 1, the Government has blocked automatic access to the motor-vehicle…
Read more on The New Zealand Herald

Feds appeal judge’s ruling on campaign finance law
Federal prosecutors on Thursday appealed a judge’s ruling that prompted howls of protest from campaign-finance reform advocates when he declared the law that bans corporate contributions to federal candidates is unconstitutional.
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Report: Number of troubled Colorado banks on the rise
Conditions at Colorado banks continued to deteriorate in the first quarter, according to a report Monday from BauerFinancial, a bank rating firm out of Florida.
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Greek slide means Round 2 for Spanish banks: STP, BBVA
Another day of dithering over the prospect of a Greek debt default is hitting the euro and Spanish banks especially hard. STP and BBVA are sitting ducks. The biggest problem for Spain at this
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Zimbabwe: Oxlink Secures U.S Million
OXLINK Capital, a local micro-finance institution, has secured US$ 50 million worth of lines of credit from a continental bank for property and infrastructure development projects.
Read more on AllAfrica.com

For sale: 60 acres owned by NFTA
Sixty acres of prime outer harbor property owned by the NFTA — including the Small Boat Harbor and former port terminal complex — is going up for sale.
Read more on The Buffalo News

Bank of Israel’s Fischer vies for top IMF job
Bank of Israel Gov. Stanley Fischer, strongly praised for helping guide Israel’s economy through difficult recent years, has joined the race to run the International Monetary Fund.
Read more on Market Watch

Metro Bank in schoolboy email error snafu
bcc fail for stripling bank Metro Bank, the newly established UK retail bank, has irked its customers with a schoolboy email error.… Server Hosting Solutions
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Zacks Bull and Bear of the Day Highlights: Cabot Oil & Gas, JDS Uniphase, Dr. Reddy’s Laboratories, Pfizer and …
Zacks Equity Research highlights: Cabot Oil & Gas Corp. as the Bull of the Day and JDS Uniphase , as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Dr.
Read more on PR Newswire via Yahoo! Finance

Bitzio, Inc. Announces New Advisory Board
SAN DIEGO, CALIFORNIA–(Marketwire – 06/14/11) – Bitzio, Inc. (OTC.BB: BTZOD – News ) (the “Company”)is pleased to announce the formation of a new advisory board to add to the company’s expertise. The advisory board will help the company refocus on targeting acquisitions in the social media and smartphone markets. The advisory board consists of premier internet entrepreneurs and innovators in …
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First Midwest Bancorp, Inc. Hires President and Chief Operating Officer of First Midwest Bank
ITASCA, IL–(Marketwire – 06/13/11) – First Midwest Bancorp, Inc. (“First Midwest” or the “Company”) (NASDAQ: FMBI – News ), the holding company of First Midwest Bank, today announced that on June 20, 2011 Mark G. Sander will join First Midwest as President and Chief Operating Officer of First Midwest Bank and Senior Executive Vice President of the Company. “I am extremely pleased to welcome …
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Bank of England holds key interest rate at 0.5 percent for 27th straight month
Bank of England holds key interest rate at 0.5 percent for 27th straight month.
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Privileged Banking: Join the bank?s exclusive club
Privileged Banking: Join the bank?s exclusive clubPrivileged Banking: Join the bank?s exclusive club
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Business calendar June 13-18
Australian finance and economy diary for June 13 to June 18
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Politics › Kan focuses on 2nd extra budget to combat resignation calls
Prime Minister Naoto Kan reiterated his enthusiasm Saturday for an upcoming second extra budget to finance reconstruction from the March 11 quake-tsunami disaster as he…
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Lagarde says pleased with talks in China
French Finance Minister Christine Lagarde said Thursday she is “very positive” after talks with Chinese officials about her candidacy to head the International Monetary Fund and said Beijing’s stake in the body should increase.
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Shapps: interest in affordable rent exceeding ‘wildest expectations’
Speaking to the Local Government Association this morning (Thursday), Grant Shapps said bids had come from across ‘a pretty even spread’ of the country. The new regime would see housing associations charging up to 80 per cent of the market rent for their homes.
Read more on InsideHousing

The HOME program I know
The Post published a front-page story last month painting an ominous picture of local corruption fed by federal mismanagement on the part of officials who “largely looked the other way.” The multipart series “Million-dollar wasteland” on the HOME Investment Partnerships Program purported to uncover “a trail of failed developments in every corner of the country,” with millions of taxpayer dollars …
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Equity Research on Newell Rubbermaid Inc. and Jarden Corp. — Housewares and Accessories Sector Struggling
JOHANNESBURG, SOUTH AFRICA–(Marketwire – 06/10/11) – www.stockcall.com/ offers investors comprehensive research on the Housewares and Accessories industry and has completed analytical research on Newell Rubbermaid Inc. (NYSE: NWL – News ) and Jarden Corp. (NYSE: JAH – News ). Register with us today at www.stockcall.com/ to have free access …
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