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Italy bank rescue marred by suicide

2015-12-10 20:22:30| BBC News | Business | UK Edition

Italian PM Matteo Renzi defends his government's rescue of four Italian banks - but voices sadness over an elderly investor's suicide.

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Jim Cramer Buying More Bank of America Shares; Likes GE, Kroger

2015-12-10 19:30:54| Chemicals - Topix.net

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Asian Development Bank agrees loans to China to tackle pollution

2015-12-10 16:22:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The Asian Development Bank (ADB) has agreed to loan China $430 million to support government efforts to reduce coal use and tackle the choking smog that regularly envelops the capital and other major cities, it said on Thursday. In the first of two loans, the bank will provide $130 million to Qingdao in the eastern province of Shandong for a project to use non-coal sources of energy for heating, cooling as well as power production and distribution. The second loan will provide $300 million...

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Bank votes 8-1 to hold rates at 0.5%

2015-12-10 13:37:59| BBC News | Business | UK Edition

UK interest rates are left unchanged at 0.5%, where they have been since early 2009.

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Commonwealth Bank says blockchain may transform trade finance, share trading

2015-12-10 10:06:40| Automakers - Topix.net

Blockchain technology could transform trade financing, share trading and many other parts of banking and the broader economy, says the chief information officer of the Commonwealth Bank of Australia, David Whiteing. Opening a two-day blockchain workshop on Thursday, Mr Whiteing said CBA had been thinking about the concept for two years and had determined it "presents a very exciting set of opportunities and protocols for how we might think about the business going forward".

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