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<title>Banking News latest RSS headlines - The UK News.com</title>
<description>Provides the latest RSS feeds for Banking News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page</description>
<copyright>The UK News.com</copyright>
<link>http://www.theuknews.com/index.php/cat/2f7c7b2b71fcfcd0/</link>
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<pubDate>Sat, 18 May 2013 18:51:21 -0400</pubDate>
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<title>Personal Finance What to give that beloved graduate</title>
<description>&amp;quot;Obviously, cash is king,&amp;quot; said personal finance blogger Joseph Audette, a personal finance writer/blogger for NerdWallet. But students, especially high school graduates juggling their own finances for the first time, can quickly blow through a lot of cash, he notes. Instead?&amp;quot;Get a gift card from the university&amp;#039;s student bookstore. It&amp;#039;s a little more thought than writing ... </description>
<link>http://www.theuknews.com/index.php/sid/214605929/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 17:36:14 -0400</pubDate>
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<title>Bernankes advice for college grads</title>
<description>&amp;quot;During your working lives, you will have to reinvent yourselves many times,&amp;quot; Federal Reserve Chairman Ben Bernanke told new graduates at Bard College at Simon&amp;#039;s Rock on ... </description>
<link>http://www.theuknews.com/index.php/sid/214605938/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 17:23:11 -0400</pubDate>
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<title>Resolution of Cuba’s debt problem to boost its financial investment rating</title>
<description>MOSCOW, May 18 (Itar-Tass) - The entry into force of the agreement on the settlement of Cuba&amp;rsquo;s debt will boost its financial and investment rating, Federation Council Chairperson Valentina Matviyenko said upon arrival in Moscow on Saturday, May 18, after a visit to ... </description>
<link>http://www.theuknews.com/index.php/sid/214605345/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 16:36:35 -0400</pubDate>
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<title>London bankers plan to dodge new EU crackdown on bonuses</title>
<description>An EU crackdown on bankers&amp;#039; bonuses in the City of London will just lead to a surge in basic salaries and other initiatives to circumvent regulations, experts warned on Saturday.Banks, still unpopular for their leading role in the financial crisis, are keeping their avoidance plans under wraps, but industry figures were happy to boast privately that they could run rings round ... </description>
<link>http://www.theuknews.com/index.php/sid/214605328/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 16:35:14 -0400</pubDate>
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<title>Ben Bernanke Optimistic About Future Innovation In Commencement Address</title>
<description>WASHINGTON, May 18 (Reuters) - U.S. Federal Reserve Chairman Ben Bernanke painted an upbeat picture on Saturday for the potential of innovation to lift living standards, delivering a sweeping look at the last 100 years that included memories of his 1963 South Carolina ... </description>
<link>http://www.theuknews.com/index.php/sid/214605346/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 16:20:21 -0400</pubDate>
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<title>Bernanke Tells Grads Innovation Is Key</title>
<description>Federal Reserve Chairman Ben Bernanke speaks to guests at a banking conference hosted by the Federal Reserve Bank of Chicago on May 10, 2013 in Chicago, ... </description>
<link>http://www.theuknews.com/index.php/sid/214604767/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 15:35:22 -0400</pubDate>
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<title>Federal agency responsible for limiting financial institutions’ hospitality spending breaks rule</title>
<description>OTTAWA -- A federal agency that ensures banks and other financial institutions follow the rules has itself broken the rules on hospitality spending.The Financial Consumer Agency of Canada spent well in excess of the maximum allowed for a gala dinner in Toronto last November.The agency bought a table for 10 people during credit education week, paying $155 a person --above the $108.42 maximum set ... </description>
<link>http://www.theuknews.com/index.php/sid/214604782/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 15:28:38 -0400</pubDate>
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<title>The Fed Bernanke Human capacity for innovation at high</title>
<description>WASHINGTON (MarketWatch) -- Federal Reserve Chairman Ben Bernanke offered optimistic words to a class of college graduates Saturday, saying that living standards may dramatically improve in the long run, and encouraging them to make the most of new ... </description>
<link>http://www.theuknews.com/index.php/sid/214604783/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 15:22:28 -0400</pubDate>
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<title>Pope Francis leads pep rally at Vatican meets with German Chancellor Merkel</title>
<description>Pope Francis toured St. Peter&amp;#039;s Square to greet tens of thousands of people attending a rally of prayer, music and speeches Saturday, and he embraced the brother of a Pakistani politician who was assassinated in his country after calling for greater religious freedom for Christians ... </description>
<link>http://www.theuknews.com/index.php/sid/214604784/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 15:17:36 -0400</pubDate>
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<title>Switzerland close to deal in U.S. tax dispute finance minister</title>
<description>ZURICH (Reuters) - Switzerland is on the brink of a deal to settle a long-running dispute with U.S. authorities over Swiss banks accused of helping wealthy Americans evade billions of dollars of tax, the finance minister said on ... </description>
<link>http://www.theuknews.com/index.php/sid/214602938/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 12:25:10 -0400</pubDate>
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<title>Bernanke in commencement address upbeat on innovation outlook</title>
<description>Reuters &amp;copy; Chairman of the Federal Reserve Bank Ben Bernanke attends the Treasury Department&amp;#039;s Financial Stability Oversight Council in Washington April 25, 2013. REUTERS/Gary ... </description>
<link>http://www.theuknews.com/index.php/sid/214602379/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 11:47:40 -0400</pubDate>
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<title>UAE currency houses will be subject to new Central Bank rules</title>
<description>Central Bank following the closure of two such companies for breaking industry rules.  The Central Bank is considering raising the minimum capital required to operate an exchange house, said two people familiar with the matter. It may also seek to tighten anti-money laundering legislation, both people said.  &amp;quot;New regulations will benefit the industry,&amp;quot; said Osama Al Rahma, the general ... </description>
<link>http://www.theuknews.com/index.php/sid/214602380/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 11:47:33 -0400</pubDate>
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<title>Bernanke forecasts gains from computer technology</title>
<description>WASHINGTON --  Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.Bernanke told a college graduating class Saturday that the long-range practical consequences of innovations such as faster computers and the Internet are hard to predict. But he said inventors have only ... </description>
<link>http://www.theuknews.com/index.php/sid/214602370/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 11:42:09 -0400</pubDate>
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<title>In visit with Pope Angela Merkel urges strong financial regulation</title>
<description>Two days after Pope Francis called for world finance reform, German Chancellor Angela Merkel met with him to discuss financial crises worldwide. She emphasized the need for tightening financial ... </description>
<link>http://www.theuknews.com/index.php/sid/214602381/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 11:12:00 -0400</pubDate>
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<title>Federal finance watchdog ignores spending limit at gala dinner</title>
<description>Finance Minister Jim Flaherty responds to a question during question period in the House of Commons on Parliament Hill in Ottawa on Thursday, May 2, 2013. (Sean Kilpatrick / THE CANADIAN ... </description>
<link>http://www.theuknews.com/index.php/sid/214600806/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 08:32:07 -0400</pubDate>
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<title>Treasury says U.S. can pay its bills for months delaying debt ceiling fight</title>
<description>WASHINGTON - Any confrontation over the nations debt ceiling is now unlikely until after Labor Day.The government will hit the limit of how much its allowed to borrow this weekend, but Treasury Secretary Jacob Lew said in a letter Friday that extraordinary measures likely would allow the nation to continue paying its bills without more borrowing until after Labor Day.That means that ... </description>
<link>http://www.theuknews.com/index.php/sid/214599857/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 06:31:22 -0400</pubDate>
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<title>Schools Chancellor to Strike Back at Candidates Critical of Mayor’s Policies</title>
<description>Charter schools would no longer be allowed space in traditional school buildings. Neighborhood school boards would be given more oversight over superintendents and principals. Cellphones, long considered contraband in schools, would again be permitted past the ... </description>
<link>http://www.theuknews.com/index.php/sid/214599408/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 05:11:31 -0400</pubDate>
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<title>The world according to Badr Jafar</title>
<description>We are two minutes into the conversation, and Badr Jafar already needs to explain himself. &amp;quot;You&amp;#039;ll be glad to know that there is a logic behind the perceived madness,&amp;quot; he ... </description>
<link>http://www.theuknews.com/index.php/sid/214598877/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 04:19:18 -0400</pubDate>
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<title>Ex-DIFC chief launches Dubai crowdfunding firm</title>
<description>Former Dubai International Finance Centre (DIFC) chief economist Dr Nasser Saidi has launched an internet crowdfunding platform designed to encourage investment into regional small-to-medium enterprises ... </description>
<link>http://www.theuknews.com/index.php/sid/214598896/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 04:02:23 -0400</pubDate>
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<title>Qatar to buy stake in $2.56bn project in Italy</title>
<description>The project is transforming the city of Milan by creating a new central district. The central building of Porta Nuova Garibaldi, which is leased to Unicredit, is Italy&amp;#039;s tallest structure and a new beacon for the ... </description>
<link>http://www.theuknews.com/index.php/sid/214598895/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 04:02:22 -0400</pubDate>
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<title>Delivery service helps Greek people with financial problems</title>
<description>There is nothing like mum&amp;#039;s cooking and in Greece, where family is the bedrock of society a new delivery service is providing sustenance to people who have flown the nest. Matoula Dovinou cooks her son&amp;#039;s favourite meals, packs them up in tupperware boxes and has them delivered to his ... </description>
<link>http://www.theuknews.com/index.php/sid/214598277/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 03:23:22 -0400</pubDate>
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<title>Investigator Top US Treasury officials told of tax probe in June of campaign year 2012</title>
<description>WASHINGTON - The ousted head of the U.S. tax agency apologized to Congress for his agency&amp;#039;s tougher treatment of conservative groups seeking tax-exempt status, including during last year&amp;#039;s presidential election, saying it resulted from a misguided effort to handle a flood of applications, not political bias.  Lawmakers from both parties harshly criticized the Internal Revenue Service at ... </description>
<link>http://www.theuknews.com/index.php/sid/214598278/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 02:59:52 -0400</pubDate>
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<title>Treasury knew of IRS inquiry in 2012 official tells House committee</title>
<description>WASHINGTON - The firestorm buffeting the Internal Revenue Service intensified Friday as lawmakers began what they promised would be an extensive effort to learn whether there was any political motivation or White House involvement in the agency&amp;#039;s recently acknowledged misdeeds.Fueling those concerns, J. Russell George, the Treasury Department&amp;#039;s top tax watchdog, said Friday he had ... </description>
<link>http://www.theuknews.com/index.php/sid/214598279/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 02:51:23 -0400</pubDate>
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<title>City’s financial status under debate</title>
<description>Karpiak said the financial situation is getting better. Keller reported that tax collections were $8,000 ahead this month over those from a year ... </description>
<link>http://www.theuknews.com/index.php/sid/214597920/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 01:58:58 -0400</pubDate>
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<title>Cannes Former EMI Boss Launches Entertainment Finance Production Venture</title>
<description>and three partners from the entertainment, finance and brand worlds on Friday unveiled a new entertainment finance, production and distribution venture ... </description>
<link>http://www.theuknews.com/index.php/sid/214597584/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 01:57:10 -0400</pubDate>
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<title>Australian sports firm refutes charges of financial irregularities</title>
<description>Australian sports management firm Sports Marketing and Management (SMAM), which finds itself in the midst of controversy regarding the 2010 Commonwealth Games in Delhi, has refuted allegations of any financial ... </description>
<link>http://www.theuknews.com/index.php/sid/214596932/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 01:04:02 -0400</pubDate>
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<title>Retired Virginia Commonwealth University professor faces prison for embezzlement www.privateofficer.com</title>
<description>-- A retired VCU Dental professor could spend 20 years in prison for stealing from a university organization.  James Hardigan pleaded guilty to embezzlement on Thursday.  Prosecutors said that during Hargigan&amp;#039;s tenure, he opened an investment account for the VCU Dental Faculty Practice Association without the group&amp;#039;s knowledge.  Hardigan is then accused of moving more than $100,000 of ... </description>
<link>http://www.theuknews.com/index.php/sid/214596933/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 01:00:23 -0400</pubDate>
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<title>Florida Higher Education Fix Financial Aid</title>
<description>Those facts make it tempting to blast Gov. Rick Scott for considering a veto of the proposed 3 percent tuition increase in the state budget.It&amp;#039;s unclear whether the governor even has the power to veto such an increase, so this could provide another example of Scott making a power grab in higher education.But Scott deserves credit for continuing to speak out about college affordability. ... </description>
<link>http://www.theuknews.com/index.php/sid/214596187/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 00:13:10 -0400</pubDate>
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<title>Obesity campaign finance stem cells and more</title>
<description>Thank you for your recent excellent coverage on the &amp;quot;soda tax&amp;quot; (&amp;quot;Soda tax is part of obesity solution,&amp;quot; Opinion, May 17). The three medical experts, Goldstein, Wood and Serpas, are to be commended. For years the dental profession has warned patients that consuming great amounts of sugary drinks will result in dental decay ... </description>
<link>http://www.theuknews.com/index.php/sid/214596167/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Sat, 18 May 2013 00:11:20 -0400</pubDate>
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<title>Mumbai bank hacked Rs 2.4 crore siphoned off in 3 hours</title>
<description>M Stanley has compiled a list of India&amp;#039;s top 20 quality stocks. The global bank has tried to include cos which can give consistent returns for next ten ... </description>
<link>http://www.theuknews.com/index.php/sid/214594820/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 21:26:16 -0400</pubDate>
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<title>Tax Inspector General Told Treasury of IRS Scrutiny in 2012</title>
<description>U.S. Treasury Department officials were told in June 2012 about Internal Revenue  Service scrutiny of political groups, the department&amp;#039;s inspector general said.   J. Russell George, inspector general for tax administration, testified at a  House Ways and Means Committee hearing Friday he told senior department  officials last June he was auditing IRS screening of organizations applying for  ... </description>
<link>http://www.theuknews.com/index.php/sid/214593933/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 20:42:07 -0400</pubDate>
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<title>Financial Times latest Western media outlet hacked by Syrian Electronic Army</title>
<description>USA Hackers continued needling Western media outlets this week, briefly compromising the web site and social media presence of the Financial Times on Friday, days after they took credit for launching a similar assault on the New York Times.  The Syrian Electronic Army (SEA) is a hacker collective that has  made its name disrupting media outlets it perceives as against  Syrian President Bashar ... </description>
<link>http://www.theuknews.com/index.php/sid/214593934/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 20:33:04 -0400</pubDate>
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<title>HSBCs Noel Quinn Visits Brunei</title>
<description>Bandar Seri Begawan - The Regional Head of Commercial Banking, Asia-Pacific, Noel Quinn, recently visited Brunei Darussalam.  He took the opportunity to visit selected Hongkong Shanghai Banking Corporation (HSBC) Brunei customers including site visits.  In between these visits, he was also given an overview of Brunei&amp;#039;s wholesale activities, the Government of Brunei&amp;#039;s infrastructure ... </description>
<link>http://www.theuknews.com/index.php/sid/214594150/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 20:28:49 -0400</pubDate>
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<title>New president downtown store for LaCrosse</title>
<description>LaCrosse Footwear Inc. on Friday said it plans to open a downtown Portland retail location.
LaCrosse Footwear Inc. on Friday said it plans to open a downtown Portland location. It did not provide details about the store&amp;#39;s size or location.
The company also named Robert Sasaki president.
The Portland-based maker of boots for the outdoor and military markets was acquired for $138 million last ... </description>
<link>http://www.theuknews.com/index.php/sid/214593935/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 19:32:57 -0400</pubDate>
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<title>Financial Times Twitter Email Hacked</title>
<description>The Financial Times newspaper said on Friday that  supporters of Syrian President Bashar al-Assad had hacked its  website.   It said the Syrian Electronic Army, which has been blamed for  hacking the main feed of The Associated Press and Twitter accounts of  the BBC, posted messages on its tech blog and disrupted Twitter feeds  owned by the newspaper.   The group, which accuses Western media of ... </description>
<link>http://www.theuknews.com/index.php/sid/214592857/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 19:32:34 -0400</pubDate>
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<title>More London bankers in line for bonus pain as the EU cap gets tighter</title>
<description>The European Banking Authority&amp;#039;s board of supervisors has ruled that any employee making more than EUR500,000 (420,000) annually should be deemed a &amp;quot;material risk taker&amp;quot;. Experts say this means the cap, which limits bonuses to no more than 100 per cent of salary, or twice that with shareholder approval, would apply to them. Barclays, widely seen as most affected by the cap in the ... </description>
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<pubDate>Fri, 17 May 2013 19:22:39 -0400</pubDate>
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<title>Fitch Affirms HSBC Sri Lanka Branch at AAA Outlook Stable</title>
<description>California&amp;#039;s Fiscally Disciplined Budget Positive  Fitch Ratings views California&amp;#039;s fiscal 2014 budget as continuing the disciplined approach to fiscal management shown by the state in recent years. California&amp;#039;s economic outlook cautiously forecasts that the expiration of the federal payroll tax holiday and federal sequestration cuts will have a modestly negative impact on personal ... </description>
<link>http://www.theuknews.com/index.php/sid/214592860/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 19:12:55 -0400</pubDate>
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<title>IRS Targeting Scandal Rooted in Campaign-Finance Politics</title>
<description>Ousted IRS Chief Steve Miller takes his seat on Capitol Hill in Washington, Friday, May 17, 2013, after a break as he testifies before the House Ways and Means Committee hearing on the Internal Revenue Service (IRS) practice of targeting applicants for tax-exempt status based on political ... </description>
<link>http://www.theuknews.com/index.php/sid/214591664/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 18:32:45 -0400</pubDate>
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<title>Financial Times Hacked By Syria Group</title>
<description>The website and Twitter account of the Financial Times have been hacked, apparently by activists who support the Syrian government.  The Syrian Electronic Army claimed responsibility for the attack, in which the hackers published messages in support of President Bashar al Assad and posted a link to a YouTube video.  &amp;quot;Syrian Electronic Army Was Here,&amp;quot; the group boasted on one of the ... </description>
<link>http://www.theuknews.com/index.php/sid/214591711/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 18:16:49 -0400</pubDate>
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<title>Syria govt supporters hack Financial Times</title>
<description>Bashar al-Assad , was behind the incident which followed a phishing attack on the company&amp;#039;s email accounts, FT reported on its website. The attack is the latest in which hackers commandeered the Twitter account of a prominent news organization to push their agenda. Twitter&amp;#039;s 200 million users worldwide send out more than 400 million tweets a day, making it a potent distributor of news. ... </description>
<link>http://www.theuknews.com/index.php/sid/214591712/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 18:16:01 -0400</pubDate>
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<title>Monthly Distribution and Net Asset Value as at May 15 2013</title>
<description>May 17, 2013 /CNW Telbec/ - Global Diversified Investment  Grade Income Trust (&amp;quot;Global DIGIT&amp;quot;) declares the following monthly  ... </description>
<link>http://www.theuknews.com/index.php/sid/214591713/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 18:14:27 -0400</pubDate>
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<title>Chile finance minister says economy enters mild slowdown period inflation to stay low</title>
<description>SANTIAGO, Chile - Chile&amp;#039;s finance minister says his country&amp;#039;s economy is entering a mild slowdown period.  Felipe Larrain says signs point to &amp;quot;low inflation and an economy that is slowing down.&amp;quot;  Larrain says Chile has been growing an average 5.8 per cent over the past three years despite global economic woes while maintaining enviably low inflation and jobless rates.  The ... </description>
<link>http://www.theuknews.com/index.php/sid/214591675/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 18:03:38 -0400</pubDate>
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<title>Treasury Secretary Told of IRS Probe in March Learned Details Last Week</title>
<description>May 17, 2013 5:52pm Treasury Secretary Jack Lew was first informed in March that there was an investigation into the IRS&amp;rsquo; screening of nonprofit groups, but did not learn the details of that probe until last week, he said today.  &amp;#039;;In mid March, I had had a conversation, just a getting-to-know-you conversation, with the inspector general right after I started, and he went through a ... </description>
<link>http://www.theuknews.com/index.php/sid/214591719/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 18:00:45 -0400</pubDate>
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<title>Divided Europe veers between urgent growth and bleak austerity</title>
<description>Angela Merkel &amp;#039;s pro-austerity policies soon after becoming president in May last year, blamed the tough cutbacks regime imposed on troubled economies for much of Europe&amp;#039;s economic problems.  &amp;quot;What is hitting Europe is a recession ... provoked by the austerity policy,&amp;quot; Hollande said at a Paris news conference.  The president was especially keen to pin the blame on European ... </description>
<link>http://www.theuknews.com/index.php/sid/214591887/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 17:56:03 -0400</pubDate>
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<title>States marijuana rules to keep feds away may hurt small businesses</title>
<description>Brian Danzig
Embedded in Washingtons planned rules governing the state&amp;#39;s legal marijuana industry are attempts to keep the federal government from swooping in and shutting down businesses, arresting people and seizing property because marijuana is still illegal under federal law.
But the rules created by that strategy also will make it harder for small businesses to launch and thrive, says ... </description>
<link>http://www.theuknews.com/index.php/sid/214591718/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 17:42:18 -0400</pubDate>
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<title>Big Banks Friday Financial Winners</title>
<description>For investors worried about an overheated stock market, FactSet analyst John Butters had some interesting comments. In his firm&amp;#039;s Earnings Insight report on Friday, Butters wrote that &amp;quot;the forward 12-month P/E ratio for the S&amp;amp;P 500 now stands at 14.4, based on [Wednesday&amp;#039;s] record closing price (1650.47) and forward 12-month EPS estimate ($114.94). This is the highest forward ... </description>
<link>http://www.theuknews.com/index.php/sid/214590414/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 17:22:10 -0400</pubDate>
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<title>Syrian group claims role in hacking of Financial Times website Twitter account</title>
<description>The website and several Twitter accounts belonging to The Financial Times were hacked Friday by the Syrian Electronic Army in an ongoing campaign that has targeted an array of media outlets ranging from the Associated Press to the parody site The Onion, according to a claim by the so-called army.The Syrian Electronic Army said it seized control of several FT Twitter accounts and amended a number ... </description>
<link>http://www.theuknews.com/index.php/sid/214590415/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 17:21:30 -0400</pubDate>
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<title>National writers take on President Obamas financial disclosure</title>
<description>President Barack Obama speaks to reporters in the White House briefing room in Washington, Friday, March 1, 2013, following after meeting with congressional leaders regarding the automatic spending cuts. (AP Photo/Charles ... </description>
<link>http://www.theuknews.com/index.php/sid/214590416/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 17:11:02 -0400</pubDate>
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<title>IIROC Trading Resumption - CRD</title>
<description>May 17, 2013 /CNW/ - Trading resumes in:      Company: CORONADO RESOURCES LTD.      TSX-Venture Symbol: CRD      Resumption: At the open ... </description>
<link>http://www.theuknews.com/index.php/sid/214590417/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 17:04:35 -0400</pubDate>
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<title>OptimumBank shareholders approve new capital reverse split</title>
<description>OptimumBank shareholders approved a reverse stock split and an investment.
OptimumBank Holdings shareholders approved measures to raise capital for the bank and do a reverse stock split to remain on the NASDAQ Capital Market.
The Fort Lauderdale-based company (NASDAQ: OPHC) got shareholder approval for its plan to have Chairman Moishe Gubin to invest $2.2 million into the bank buy purchasing new ... </description>
<link>http://www.theuknews.com/index.php/sid/214591717/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 17:03:16 -0400</pubDate>
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<title>UPDATE 2-U.S. Treasury gears up to buy time under reimposed debt cap</title>
<description>Fri May 17, 2013 4:59pm EDT
* Treasury set to halt federal pension fund investments
* May also tap exchange rate fund to avoid default
* Treasury says will be able to pay bills into September
By Margaret Chadbourn
WASHINGTON, May 17 (Reuters) - The Obama administration on Friday notified Congress it was prepared to take a series of steps to free up about $260 billion so it can keep paying the ... </description>
<link>http://www.theuknews.com/index.php/sid/214591714/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 16:59:53 -0400</pubDate>
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<title>Sierra Vista Bank completes $1.5M round of funding</title>
<description>Sierra Vista Bank completed a $1.5 million round of capital.
Sierra Vista Bank completed a $1.5 million round of capital from Taylor Asset Management of Chicago, the bank announced Thursday
The investment was negotiated and announced in December, and the funding required regulatory approval.
The additional capital will allow our financial organization to expand its customer base and seek new ... </description>
<link>http://www.theuknews.com/index.php/sid/214590463/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 16:49:18 -0400</pubDate>
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<title>Letter of the Lew Treasury comments on change of guard at troubled IRS</title>
<description>Here are comments from a U.S. Treasury official on Secretary Jack Lews meeting with incoming Acting IRS Commissioner Daniel Werfel this morning, following a scandal of political targeting that cost the previous acting commissioner his job. Treasury officials knew about the problem as early as last June, according to this report in the Wall Street Journal:
Secretary Lew met with incoming Acting ... </description>
<link>http://www.theuknews.com/index.php/sid/214591716/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 16:48:19 -0400</pubDate>
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<title>Russia to test drones to monitor wildlife and track poachers</title>
<description>Officials say they&amp;#039;ll test unmanned aerial vehicles at a nature reserve on Russia&amp;#039;s Pacific coast this summer to monitor wildlife and crack down on poachers.  &amp;quot;UAVs are silent and can fly at a very low altitude to produce high-resolution imagery and detect poachers, their boats and vehicles,&amp;quot; Alexandra Filatkina, deputy director for development at the Kronotsky nature reserve ... </description>
<link>http://www.theuknews.com/index.php/sid/214590696/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 16:44:36 -0400</pubDate>
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<title>TECO GreTai and HSBC to issue yuan-denominated Bao Dao Bonds</title>
<description>TAIPEI, Taiwan -- TECO Electric and Machinery (TECO,????) is set to issue Taiwan&amp;#039;s second renminbi-denominated bond from corporate issuer GreTai (over the counter market, ????) next Monday with the help of HSBC ... </description>
<link>http://www.theuknews.com/index.php/sid/214589144/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 15:57:48 -0400</pubDate>
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<title>Shin Kong Financials shares up on Q1 results</title>
<description>TAIPEI -- Shares of Shin Kong Financial Holding Co. moved higher Friday morning after it reported an improvement in its bottom line for the first quarter of this year, dealers ... </description>
<link>http://www.theuknews.com/index.php/sid/214589145/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 15:57:47 -0400</pubDate>
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<title>Victory for bankers as US adopts weakened rule on derivatives trading</title>
<description>WASHINGTON -- A rule intended to loosen the largest U.S. banks&amp;#039; control over the trading of complex investments and help safeguard the financial system was weakened Thursday by ... </description>
<link>http://www.theuknews.com/index.php/sid/214589146/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 15:57:44 -0400</pubDate>
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<title>Enforcement Notice - IN THE MATTER OF Shelley Blanchard - Discipline decision - Liability and Penalty</title>
<description>Shelley  Blanchard transferred funds out of a client&amp;#039;s account, in furtherance  of a misappropriation, without the client&amp;#039;s knowledge or consent.      The Hearing Panel&amp;#039;s decision ... </description>
<link>http://www.theuknews.com/index.php/sid/214589148/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 15:52:16 -0400</pubDate>
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<title>National Bank and Aires Libres Continue their Successful Partnership</title>
<description>May 17, 2013 /CNW Telbec/ - National Bank is proudly renewing  its partnership in 2013 with Aires Libres for three additional years.  This union, which began in 2010, is just one more example of how the  Bank plays a part in making our society more inclusive.     &amp;quot;National Bank is pleased to showcase diverse talents and profiles, and  this can be seen through our partnership with Aires ... </description>
<link>http://www.theuknews.com/index.php/sid/214589147/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 15:52:15 -0400</pubDate>
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<title>Thomson Reuters to Present at the Nomura Global Media Summit</title>
<description>May 17, 2013 /CNW/ - Chris Kibarian, president of the Intellectual Property &amp;amp; Science business of Thomson Reuters (TSX / NYSE: TRI), the world&amp;#039;s leading source of intelligent information for businesses and professionals, will present at the Nomura Global Media Summit ... </description>
<link>http://www.theuknews.com/index.php/sid/214589149/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 15:52:14 -0400</pubDate>
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<title>Debt ceiling Treasury starts juggling act</title>
<description>Treasury Secretary Jacob Lew sent a letter on Friday formally notifying Congress that the Treasury will begin implementing so-called &amp;quot;extraordinary measures&amp;quot; to keep the country&amp;#039;s borrowing below its legal ... </description>
<link>http://www.theuknews.com/index.php/sid/214589150/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 15:51:17 -0400</pubDate>
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<title>Harris Bank to pay $400000 in disability lawsuit</title>
<description>BMO Harris Bank will pay $400,000 to 14 former employees to resolve a disability discrimination case brought by the U.S. Equal Employment Opportunity Commission.
The EEOC said in a lawsuit filed September 2012 that BMO Harris Bank, the Chicago-areas second biggest bank, unlawfully fired disabled employees at the end of their medical leave of absence rather than offering accommodations that would ... </description>
<link>http://www.theuknews.com/index.php/sid/214589194/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 15:46:10 -0400</pubDate>
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<title>UPDATE 1-Ex-financial adviser gets probation in muni bond case</title>
<description>Fri May 17, 2013 3:35pm EDT
By Nate Raymond
NEW YORK May 17 (Reuters) - A former chief executive of a financial firm who pleaded guilty to charges stemming from a probe into bid-rigging in the municipal bond market was sentenced to two years probation on Friday by a judge who cited his cooperation with U.S. investigators.
Martin Kanefsky, who was the chief of the now-defunct Kane Capital ... </description>
<link>http://www.theuknews.com/index.php/sid/214590418/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 15:35:21 -0400</pubDate>
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<title>New York City police unveil security plans for new World Trade Center</title>
<description>World Trade Center includes checkpoints and guard houses.  The $40 million plan, presented Thursday in a required environmental impact statement, shows security checkpoints, numerous &amp;quot;bollards&amp;quot; or vertical posts meant to stop vehicles and an elaborate &amp;quot;sally port&amp;quot; so police can enter and check tour buses, the New York Post reported Friday.  The newspaper called it a &amp;quot;plan ... </description>
<link>http://www.theuknews.com/index.php/sid/214589081/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 15:33:03 -0400</pubDate>
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<title>Gaza business smuggles in KFC from Egypt</title>
<description>Gaza across the Egyptian border.  Mohammed al-Madani, financial manager of al-Yamama company, said the business idea came when employees contacted a friend who works at the KFC in al-Arish, Egypt, with some orders and they were able to smuggle the food through a tunnel within three hours, The Christian Science Monitor reported Friday.  &amp;quot;Then we asked ourselves, &amp;#039;Why don&amp;#039;t we ... </description>
<link>http://www.theuknews.com/index.php/sid/214589082/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 15:32:59 -0400</pubDate>
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<title>Top CFOs take center stage</title>
<description>Unlike the glitz and glam of events you might find in Hollywood that honor the latest and greatest in fashion or movies, last nights St. Louis Business Journal event put the best financial stewards the area has to offer in the spotlight.
More than 150 people came out to Windows on Washington to honor the Business Journals 2013 CFO Award winners. Henk Derksen of Belden Inc., David Levinson of ... </description>
<link>http://www.theuknews.com/index.php/sid/214589153/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 15:24:10 -0400</pubDate>
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<title>U.S. Century Ocean Bank among those making nine big foreclosures</title>
<description>This vacant office building in Pompano Beach is facing a foreclosure lawsuit after Wells Fargo Bank left.
There was a surge in major commercial foreclosure filings in recent weeks, with U.S. Century Bank and Ocean Bank among the lenders in nine new cases from Miami to Jupiter.
The flurry of activity shows there are still some hiccups in South Florida&amp;#39;s real estate recovery, and opportunities ... </description>
<link>http://www.theuknews.com/index.php/sid/214589152/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 15:06:38 -0400</pubDate>
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<title>US Treasury no impact from debt cap before Sept</title>
<description>WASHINGTON (AFP) - US Treasury Secretary Jacob Lew said on Friday that the government would not feel the pinch from a cap on debt before September, as net new borrowings were to halt this weekend.&amp;quot;Extraordinary measures&amp;quot; to sustain the government without being forced to slash spending or default on the debt due to the borrowing limit &amp;quot;will not be exhausted until after Labor ... </description>
<link>http://www.theuknews.com/index.php/sid/214587785/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 14:58:56 -0400</pubDate>
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<title>Treasury Secretary Lew says administration will start procedures to avoid defaulting on debt</title>
<description>WASHINGTON  - Treasury Secretary Jacob Lew is telling Congress that the administration will begin taking steps next week to avoid a default on the nation&amp;#039;s debt until Congress votes to raise the government&amp;#039;s borrowing limit.  Lew said those measures should provide enough maneuvering room to let the government keep borrowing until after Labor Day. Private economists have estimated that ... </description>
<link>http://www.theuknews.com/index.php/sid/214587676/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 14:56:44 -0400</pubDate>
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<title>CommunityOne trims quarterly loss</title>
<description>FNB United Corp., the parent company of CommunityOne Bank in Asheboro, said it had its best financial performance since early 2009 in the first quarter of this year.
FNB United Corp., the parent company of CommunityOne Bank in Asheboro, said it lost $2.7 million before taxes in the first quarter of this year, its best financial performance since early 2009.
CommunityOne teetered near failure from ... </description>
<link>http://www.theuknews.com/index.php/sid/214589151/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 14:54:20 -0400</pubDate>
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<title>Treasury Dept. Lifts Sanctions on Iraqi Bank</title>
<description>The US Treasury Department Friday lifted  sanctions against an Iraqi bank which had been barred from doing  business with US companies because it had close contacts to Iranian  financial institutions.   The privately owned Elaf Islamic Bank in Iraq was sanctioned in  July 2012 as part of sweeping US efforts to make it difficult for  foreign countries to purchase Iranian oil.   The aim was to ... </description>
<link>http://www.theuknews.com/index.php/sid/214587786/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 14:49:42 -0400</pubDate>
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<title>METALS OUTLOOK Gold To Watch The Dollar Bernanke</title>
<description>Ben Bernanke will influence the gold market next week.  The U.S. dollar&amp;#039;s strength was a factor in gold-price weakness this week, as the dollar index rose to its highest level since August 2010. Whether the greenback continues to rise or pulls back will determine where gold goes next week, market participants said. The dollar&amp;#039;s trajectory itself will likely hinge on what Bernanke says ... </description>
<link>http://www.theuknews.com/index.php/sid/214587787/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 14:48:18 -0400</pubDate>
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<title>Treasury To Begin Enacting Extraordinary Budget Measures Treasury Secretary</title>
<description>The Obama administration on Friday notified Congress it was prepared to take extraordinary steps to allow it to keep paying the nation&amp;#039;s bills once a temporary suspension in the government&amp;#039;s debt ceiling lapses this weekend. To preserve its borrowing capacity, the Treasury Department said it would use the same measures that have been used in previous debt limit impasses to continue ... </description>
<link>http://www.theuknews.com/index.php/sid/214587754/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 14:46:13 -0400</pubDate>
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<title>Mitsubishi Heavy Industries Announces Close of Pratt  Whitney Power Systems Acquisition</title>
<description>Whitney Power Systems (PWPS). The acquired company will now be known as PW Power Systems and will be a core asset for a recognized global leader in the power generation industry.      MHI is at the forefront of innovation and has set the standard for high-efficiency power generation products by developing the most advanced gas turbine in the world. As a part of MHI&amp;#039;s continuing growth ... </description>
<link>http://www.theuknews.com/index.php/sid/214587788/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 14:40:36 -0400</pubDate>
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<title>Behind the Scenes of European Payment Transactions</title>
<description>. It highlights the  influencing factors, national peculiarities and trends, and identifies  not just the differences but also the similarities in the way we pay  from country to country. The aim is to create the basis for a  Europe-wide card acceptance strategy for retailers and service  providers - for the purposes of e-commerce especially.      Developing a Europe-wide strategy involves a ... </description>
<link>http://www.theuknews.com/index.php/sid/214587789/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 14:40:35 -0400</pubDate>
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<title>OLeary Funds Management LP announces the filing of an application for exemptive relief of having to hold a unitholder meeting to effect a change in the fundamental investments objectives of OLeary Global Bond Yield Advantaged Fund</title>
<description>May 17, 2013 /CNW Telbec/ - O&amp;#039;Leary Funds Management LP, the  manager (the &amp;quot;Manager&amp;quot;) of O&amp;#039;Leary Global Bond Yield Advantaged Fund  (the &amp;quot;Fund&amp;quot;) announces that it will seek exemptive relief (the  &amp;quot;Requested Relief&amp;quot;) from the regulatory authorities of having to hold a  unitholder meeting to effect a change in the fundamental investments  objectives of the ... </description>
<link>http://www.theuknews.com/index.php/sid/214587790/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 14:40:35 -0400</pubDate>
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<title>Sponsor Still work to do on campaign finance bill</title>
<description>Ball is sponsor of the House version of the finance law changes. The Senate version dealt mostly with how PACs can move money around. But the House went further to remove contribution limits on corporations and restrictions on utilities giving directly to ... </description>
<link>http://www.theuknews.com/index.php/sid/214588634/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 14:34:56 -0400</pubDate>
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<title>Treasury to free up $260 billion to avoid debt cap</title>
<description>WASHINGTON (Reuters) - The Obama administration on Friday notified Congress it was prepared to take a series of steps to free up about $260 billion so it can keep paying the nation&amp;#039;s bills once a temporary suspension in the government&amp;#039;s debt ceiling lapses this ... </description>
<link>http://www.theuknews.com/index.php/sid/214587791/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 14:33:51 -0400</pubDate>
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<title>Fitch Affirms Bank of Americas IDR at A Upgrades Viability Rating to a-</title>
<description>California&amp;#039;s Fiscally Disciplined Budget Positive  Fitch Ratings views California&amp;#039;s fiscal 2014 budget as continuing the disciplined approach to fiscal management shown by the state in recent years. California&amp;#039;s economic outlook cautiously forecasts that the expiration of the federal payroll tax holiday and federal sequestration cuts will have a modestly negative impact on personal ... </description>
<link>http://www.theuknews.com/index.php/sid/214587795/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 14:28:53 -0400</pubDate>
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<title>New president CEO for 610 Corp.</title>
<description>Kerry Wilson was named president of the 6/10 Corp. effective June 10.
Carl J. Bud Strang III, current president and director, was named CEO of the company.
Wilson is an original investor with the company and has served on the board of directors and general counsel, according to a statement.
He also is currently a transactional attorney with Peterson and Myers PA, which he will be leaving to step ... </description>
<link>http://www.theuknews.com/index.php/sid/214587799/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 14:09:34 -0400</pubDate>
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<title>Bank sells Miami office building at 44 percent loss</title>
<description>The office building at 5040 N.W. 7th Street in Miami was sold for $5.7 million.
First Citizens Bank and Trust Co. sold a Miami office building at a 44 percent loss to its foreclosed mortgage.
The bank (NASDAQ: FCNCA) seized the 104,307-square-foot building at 5040 N.W. 7th Street in 2012 after foreclosing on a $10.1 million mortgage. The borrower was 5040 Corp. and attorney John H. Ruiz.
The bank ... </description>
<link>http://www.theuknews.com/index.php/sid/214587798/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 14:07:29 -0400</pubDate>
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<title>CORRECTED-U.S. judge blocks $13 million arbitration against SunTrust</title>
<description>Fri May 17, 2013 1:52pm EDT
(Removes &amp;#34;award&amp;#34; from headline)
* Judge finds fund not a customer under FINRA rules
* Turnberry sought at least $13 mln in arbitration
* Case focused on mortgage-backed securities
By Nate Raymond
NEW YORK, May 17 (Reuters) - SunTrust Banks Inc won a court order on Friday preventing a Connecticut-based hedge fund from moving forward with a $13 million ... </description>
<link>http://www.theuknews.com/index.php/sid/214587792/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 13:52:27 -0400</pubDate>
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<title>Bill Gates retakes worlds richest title... Consumer sentiment at 6-year high...  Signs of a new housing bubble Video</title>
<description>May 17 (Bloomberg) -- Bloomberg&amp;#39;s Scarlet Fu, Sara Eisen and Tom Keene highlight the news you need to follow for today&amp;#39;s trading. They speak on Bloomberg Television&amp;#39;s &amp;#34;Bloomberg Surveillance.&amp;#34;
Steven Miller, who was forced out as acting commissioner of the Internal Revenue Service (IRS), right, pauses while speaking during a House Ways and Means Committee hearing with J. ... </description>
<link>http://www.theuknews.com/index.php/sid/214587721/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 13:48:03 -0400</pubDate>
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<title>Ambac Is Latest Play On Bank Mortgage Lawsuits</title>
<description>Palmer appears to be the only analyst covering Ambac at this point, though his thesis on the insurer looks fairly similar to his long-held views on ... </description>
<link>http://www.theuknews.com/index.php/sid/214586274/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 13:45:19 -0400</pubDate>
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<title>Sucre to Revolutionize International Finance</title>
<description>Caracas, May 17 (Prensa Latina) The United Payment System for Regional Compensation (Sucre) stands out today as an innovative tool in the architecture of international finance, with increasing numbers of countries eager to join, said Venezuela&amp;#039;s Central Bank today. According to the bank, the Sucre favors commercial trade between its members, which include Cuba, Ecuador, Venezuela and ... </description>
<link>http://www.theuknews.com/index.php/sid/214586184/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 13:41:10 -0400</pubDate>
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<title>Changing banking landscape creates vacancy in Westshore</title>
<description>Florida Capital Bank
Florida Capital Bank plans to close its Westshore office.
The shutdown is representative of trends sweeping the banking industry.
Evolving technology that allows more customers to bypass the branch office, as well as cost pressures amid a low-interest rate environment, means banks have to find the best way to serve clients, said Chuck Owston, president of the banking division ... </description>
<link>http://www.theuknews.com/index.php/sid/214587796/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 13:25:47 -0400</pubDate>
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<title>Treasury Department Begins Preparing For Debt Ceiling Hostage Negotiations</title>
<description>Credit: The Economist At noon on Friday, the Treasury Department began the latest round of accounting contortionism brought on by Republicans&amp;rsquo; refusal to raise the debt ceiling. CNN Money explains that a financing mechanism to aid state and local governments will ... </description>
<link>http://www.theuknews.com/index.php/sid/214586275/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 13:23:26 -0400</pubDate>
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<title>BlumShapiro relocating local office from Rockland to Quincy</title>
<description>2 Batterymarch Park.
BlumShapiros grand plans for the Boston region are starting with a trip next week up Route 3 from Rockland to Quincy.
The West Hartford, Conn.-based accounting and consulting firm is relocating its main Boston-area office to 2 Batterymarch Park, where the firm will lease 14,000 square feet from the National Fire Protection Agency. Tom DeVitto, BlumShapiros chief marketing ... </description>
<link>http://www.theuknews.com/index.php/sid/214587797/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 13:23:09 -0400</pubDate>
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<title>Ming Chao Zhao Settles with the Ontario Securities Commission on Insider Trading Violations</title>
<description>.      Zhao was an Investment Banking Analyst at BMO Nesbitt Burns. As a result  of his position at BMO, Zhao was in possession of undisclosed material  information relating to five reporting issuers, specifically that they  were involved in merger and acquisition transactions. He accessed the  information about the transactions through a shared network drive.      Using an online discount ... </description>
<link>http://www.theuknews.com/index.php/sid/214586276/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 13:21:28 -0400</pubDate>
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<title>Manulife Entry Into Asia Challenge Finalists Video Available on YouTube</title>
<description>May 17, 2013 /CNW/ - Manulife Financial is pleased to announce  that a video highlighting the seven finalist teams of the Manulife  Financial: Entry into Asia Challenge is now available on YouTube.      The video documents the teams and their work as they prepare for their  final presentations before a panel of international judges. The  business school students also discuss their motivation for ... </description>
<link>http://www.theuknews.com/index.php/sid/214586277/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 13:21:27 -0400</pubDate>
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<title>Ex-financial adviser gets probation for municipal bid-rigging</title>
<description>NEW YORK (Reuters) - A former chief executive of a financial firm who pleaded guilty to charges related to bid-rigging in the municipal bond market was sentenced to two years probation on Friday by a judge who cited his cooperation with U.S. ... </description>
<link>http://www.theuknews.com/index.php/sid/214586161/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 13:13:32 -0400</pubDate>
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<title>Banks collect food to help the hungry and bolster the industrys image</title>
<description>Banks collected food for Northwest Harvest to help the hungry at the April 2 Bankers Care Spring Food Drive at Westlake Center in downtown Seattle.
A group of more than 20 banks collected 11 tons of food and $37,000 in cash to help feed hungry people in Western Washington this spring.
The Bankers Care 2013 Spring Food drive collected food to provide more than 170,000 meals during a time when food ... </description>
<link>http://www.theuknews.com/index.php/sid/214586196/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 12:59:40 -0400</pubDate>
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<title>Former Hialeah Mayor Julio Robaina surrenders to police</title>
<description>Former Hialeah Mayor Julio Robaina has turned himself in to authorities who have indicted him on charges including tax evasion.
Former Hialeah Mayor Julio Robaina and wife Raiza Villacis Robaina surrendered Friday to authorities after being charged with tax evasion tied to more than $1 million in loans made to friends and associates.
The Miami Herald reports Robaina, 47, and Villacis Robaina, 39, ... </description>
<link>http://www.theuknews.com/index.php/sid/214586280/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 12:33:52 -0400</pubDate>
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<title>Investors Shun J.C. Penney Shares</title>
<description>J.C. Penney said Thursday that it had a first-quarter loss of $348 million, or $1.58 a share. Net loss for the quarter totaled $289 million, or $1.31 a share when adjusted for charges related to the retailer&amp;#039;s restructuring and management transition. J.C. Penney said restructuring charges were $72 ... </description>
<link>http://www.theuknews.com/index.php/sid/214584603/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 12:24:37 -0400</pubDate>
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<title>How Abenomics may be boosting Canadian bank stocks</title>
<description>ROB Insight is The Globe and Mail&amp;#039;s exclusive feature led by a team of award-winning editors and writers who provide you with in-depth analysis on breaking business news and the issues that matter most. With additional commentary and coverage from Thomson-Reuters Breaking Views and The Financial Times, ROB Insight is a one-stop shop for time-pressed and global-minded Canadian business ... </description>
<link>http://www.theuknews.com/index.php/sid/214584604/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 12:24:08 -0400</pubDate>
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<title>IT driving force of financial reform Wan</title>
<description>/enpproperty--&amp;gt; Information technology has been a driving force of financial reform and the Chinese financial sector has already entered a digital period, said Wan Jianhua, chairman of Guotai Junan Securities Co Ltd, at a book launch in Beijing.  The ... </description>
<link>http://www.theuknews.com/index.php/sid/214584606/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 12:09:49 -0400</pubDate>
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<title>No Porn Please Were Bankers</title>
<description>City National Bank in Los Angeles. When she went to deposit checks into the account days later, however, she was told it had been shut down, due to &amp;quot;compliance issues&amp;quot;. She found the manager she had originally worked with and asked what had happened. The bank, she was told, was worried about the Webcam shows she had on her site and had revoked the account. (City National declined to ... </description>
<link>http://www.theuknews.com/index.php/sid/214584492/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 12:09:37 -0400</pubDate>
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<title>Federal Reserve rising inequality jeopardizes economic recovery</title>
<description>USA A top ranking member of the United States Federal Reserve cautioned economists this week that growing inequality within the US was worsening the odds of a quick return to the conditions of the pre-recession days.  Fed Board of Governors member Sarah Bloom Raskin was in  Washington, DC on Thursday, and during an address before the  Society of Government Economists and the National Economists ... </description>
<link>http://www.theuknews.com/index.php/sid/214584565/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 12:04:56 -0400</pubDate>
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<title>‘Central banks looking at Bitcoin as real threat to dominance’</title>
<description>USA Governments and banking officials are watching Bitcoin in fear of losing their leading position to the virtual currency and the infrastructure building around it, Arwa Mahdawi, consultant, journalist and Bitcoin employee, told RT.  US Immigration and Customs Enforcement confirmed that there was  an &amp;quot;ongoing investigation&amp;quot; that followed the blocking of the  account of Dwolla, a ... </description>
<link>http://www.theuknews.com/index.php/sid/214584607/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 12:04:56 -0400</pubDate>
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<title>EFCC Press Release EFCC Arraigns Two Bankers for N16m Fraud</title>
<description>The Economic and Financial Crimes Commission, EFCC, on Thursday May 16, 2013 arraigned the duo of Olisaemeka Onyeka and Dike Chukwunenye before Justice I. L. Ojukwu of the Federal High Court, Awka, Anambra State on a 17 count charge of criminal conspiracy, fraud and ... </description>
<link>http://www.theuknews.com/index.php/sid/214584608/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 12:04:23 -0400</pubDate>
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<title>IIROC Trade Resumption - RMM.UN</title>
<description>May 17, 2013 /CNW/ - Trading resumes in:      Company: Retrocom Real Estate Investment Trust      TSX Symbol: RMM.UN (all issues)      ... </description>
<link>http://www.theuknews.com/index.php/sid/214584609/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 12:03:42 -0400</pubDate>
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<title>Natcore Technology Receives $500K Jobs Tax Credit from NY State</title>
<description>May 17, 2013 /CNW/ - Governor Andrew M. Cuomo today announced that Natcore Technology of Red Bank, NJ, will expand its footprint, and add 27 new jobs as part of an expansion project ... </description>
<link>http://www.theuknews.com/index.php/sid/214584611/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 12:03:38 -0400</pubDate>
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<title>IIROC Trading Halt - RMM.UN</title>
<description>May 17, 2013 /CNW/ - The following issues have been halted by  IIROC:      Company: Retrocom Real Estate Investment Trust      TSX Symbol: RMM.UN (all issues)      Reason: Pending ... </description>
<link>http://www.theuknews.com/index.php/sid/214584613/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 12:03:37 -0400</pubDate>
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<title>ASC orders bans against Steven Vincent Weeres and Rebekah Donszelmann</title>
<description>Rebekah Louise Weeres) of Alberta.      An ASC panel ordered that Weeres be permanently banned from trading in  securities, using Alberta securities laws exemptions and acting as a  director or officer of any issuer. The ASC panel also ordered that  Donszelmann be banned from trading in securities, using Alberta  securities laws exemptions and acting as a director or officer of any  issuer for 20 ... </description>
<link>http://www.theuknews.com/index.php/sid/214584612/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 12:03:37 -0400</pubDate>
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<title>Apogee cuts executive compensation</title>
<description>Joseph Puishys,CEO of Apogee
Base salary
Bonus
Stock awards
Option awards
Incentive ... </description>
<link>http://www.theuknews.com/index.php/sid/214586279/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 12:02:57 -0400</pubDate>
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<title>Financial Times hit by hackers</title>
<description>Associated Press Twitter account and issued a false tweet claiming that two explosions had hit the White House, injuring President Obama. That tweet led to a ... </description>
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<pubDate>Fri, 17 May 2013 12:02:30 -0400</pubDate>
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<title>UK Financial Times ‘hacked by Syrians’</title>
<description>London - The website of Britain&amp;#039;s Financial Times appeared to have been hacked on Friday by the Syrian Electronic Army, a mysterious group seemingly aligned with the regime of President Bashar ... </description>
<link>http://www.theuknews.com/index.php/sid/214584617/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 11:58:26 -0400</pubDate>
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<title>Bankers see MA recovery after deals drop 7 percent so far in 2013</title>
<description>LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change ... </description>
<link>http://www.theuknews.com/index.php/sid/214584497/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 11:55:50 -0400</pubDate>
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<title>TriState raised $75M in offering</title>
<description>Bill Schenck
TriState Capital Holdings said it has raised $75.38 million in its initial public offering.
The offering was for 5.7 million shares of common stock, and underwriters exercised their option to buy an additional 855,000 shares of common stock from TriState (NASDAQ:TSC). So the bank collectively sold 6.55 million shares at $11.50 per share, less applicable underwriting ... </description>
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<pubDate>Fri, 17 May 2013 11:55:07 -0400</pubDate>
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<title>Fitch Revisa las Calificaciones de las subsidiarias de HSBC en America Latina</title>
<description>California&amp;#039;s Fiscally Disciplined Budget Positive  Fitch Ratings views California&amp;#039;s fiscal 2014 budget as continuing the disciplined approach to fiscal management shown by the state in recent years. California&amp;#039;s economic outlook cautiously forecasts that the expiration of the federal payroll tax holiday and federal sequestration cuts will have a modestly negative impact on personal ... </description>
<link>http://www.theuknews.com/index.php/sid/214584621/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 11:51:11 -0400</pubDate>
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<title>Uganda Commonwealth Delegates for Tourism Campaign</title>
<description>Commonwealth delegates head to Jinja tomorrow, Saturday, for the &amp;#039;Paint the City Bright&amp;#039; campaign.  The campaign coordinated by Yudaya Babirye, a managing partner with Metro Green, working in partnership with Jinja Municipal Council (JMC) and the Private Sector will see over seventy buildings painted.  Babirye said over 200 delegates from the Commonwealth for Local Governments forum are ... </description>
<link>http://www.theuknews.com/index.php/sid/214584625/scat/2f7c7b2b71fcfcd0</link>
<pubDate>Fri, 17 May 2013 11:44:17 -0400</pubDate>
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