Tag Archives: banks

Let me start the post by adding Treasuryhunt.gov is not a treasure hunt episode. On the contrary, Treasuryhunt.gov is a way for an individual to claim his missing money. Sounds silly??? If you think so, then you will be astonished with what the government has to say. Government officials say there are billions of dollars in funds that institutions such ... Read More »

China, the owner of a large portion of U.S. debt,  has begun to put the screws on local banks with new rules on credit and some of the biggest state-owned banks will be affected in the country. “The jump in the dollar is accompanied by a dip in the yen this morning, which could yet allow the Bank of Japan ... Read More »

A small Bank in Florida has joined the long list of failed banks this year. It is the 126th bank to fail in 2010. This is also the 24th bank to fail in the state of Florida alone this year. Regulators on Friday shut down a small bank in Florida, lifting to 126 the number of bank failures this year. ... Read More »

The  temporary burial of Interest rate in the world  has again CAME  back to life. Is it  ridiculous, well Australian Government has come out and declared that  the  interest rate will be  increased to  3.25%  from  3%. Australia who avoided   the Recession last year was  a lone nation to survive from the wrath of  Economy downfall when the entire  world ... Read More »

I found an interesting  article on the concept for High Frequency trading . The credit for the post is deserved by blogs.reuters.com. The explosion of interest in high-frequency trading has started to drag new faces to sometimes staid industry conferences. Traders who for years worked on algorithms and computer codes behind the scenes are stepping into the spotlight. They’re appearing on more and more panel discussions, feeling the need to defend ... Read More »

Twitter and Facebook the place where bloggers, users hang out was  hacked by hackers for atleast 2 hours this thursday. Both the Networking sites have not only the users but celebrities , president,sportsperson and many more  Powerful person in the world along with the users. The hacking was called DOS Denial of service. Though they successfully disrupted the service for ... Read More »

Automated Teller Machine (ATM) Yep its true, Russia leading computer security company Kaspersky has warned banks about a new software virus that infects Automatic Teller Machines (ATMs) to steal money from bank accounts of their users. Kaspersky claimed that they have discovered a new virus in the network of several bank ATMs. So what does a virus do in an ... Read More »