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Banking & Finance

Britt Cooper joined Sonoma Bank�s Santa Rosa office as vice president. Most recently he worked as branch manager and vice president for the bank�s Coddingtown office for five years.



Atlantic Pacific Bank appointed Pedy Lawson to head the company in Sonoma County as vice president of business development. Ms. Lawson has worked in Sonoma County business development for 16 years, working most recently as assistant vice president and account manager for a Santa Rosa office of Westamerica Bank.



Business Organizations Tamalpais Bank branch manager Patricia Estebes has joined the Hispanic Chamber of Commerce of Marin�s board of directors.



Construction Ryan Powers of Santa Rosa-based Carlenzoli and Associates recently received his California Professional Civil Engineers license.


FTSE still weak

Weakness in financial stocks weighed heavily on the FTSE 100 index, so that by lunchtime it was sporting a loss of 65.6 points at 6,656.0. Mid-cap stocks were also out of favour, and the FTSE250 index was 43 points lower at 11,623. Trading volume was below average at �964m, with most investors looking to Wall Street for some inspiration later today.

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(AFX UK Focus) 2007-11-05 08:43 GMT: Warsaw shares TFN at a glance outlook

WARSAW (Thomson Financial) - Warsaw shares are expected to open down, hit by more bad news for the US banking sector which drove global stocks lower, with results for KGHM roughly in line with expectations.

On Friday, the blue-chip WIG 20 index lost 1.68 pct to 3,812.55, while the broad-based WIG gauge fell 1.54 pct at 62,154.65.

FORTHCOMING EVENTS (All times CET)

Today

finance ministry expected to give inflation forecast for October.

central bank analysts hold news conference on quarterly inflation projection (1000).

first sitting of new parliament, which may provide the moment for PM-in-waiting Donald Tusk to name his full cabinet.

TODAY'S PRESS

TVN market share rises in October, but overall slide continues (wirtualnemedia.pl)

Polish PM candidate confirms Rostowski his nominee for finance minister (Dziennik)

COMPANIES

KGHM Q3 net profit up by almost a quarter, in line with forecasts

Polish PBG net profit rises 9 pct in Q3, in line with expectations

Poland's Ruch Q3 net profit falls 10 pct on higher costs

ECONOMIC/POLITICAL

Polish central bank warns CPI to break out of target range in Q2 2009

Polish central bank moderate sees '55 pct chance' of November rate hike patrick.graham@thomson.com +48 22 447 2430 ak1/sal/pjg/rfw/pjg/ajb

COPYRIGHT

Copyright Thomson Financial News Limited 2007.


Structured Products Awards for Excellence in Europe 2007 Results Announced

Results announced in the Structured Products Awards for Excellence in Europe 2007. The awards recognise excellence and superior performance by the leading derivatives-based investment houses, the best providers of services and the top performing investment banks in 10 key European regions. .


PM: Provide loans for agricultural projects

SETIU: Include agriculture when extending loans to small and medium-sized enterprises, the prime minister told banks yesterday.

Datuk Seri Abdullah Ahmad Badawi said like manufacturing, agriculture was also an enterprise.

"Loans could be given out to group farming schemes or individuals.

"The land must be sizeable to ensure the venture is viable. The SME Bank should look into this."

Abdullah said with the government promoting agriculture as a business and by providing channels for landowners to secure loans for farming, the problem of idle land could be overcome.
He spoke after visiting the fertigation project under the Sutratani scheme in Telaga Papan.

The project is a joint venture between the State Economic Development Corporation subsidiary, Terengganu Agrotek Development Corporation and JPB Greentech Sdn Bhd, which uses a hi-tech farming method from Holland.


UK govt mislays personal details of half the nation

The personal details of half of Britain have been mislaid by the government, finance minister Alistair Darling said on Tuesday, in another major blow to an administration reeling from the Northern Rock banking debacle.

The opposition Conservatives accused Prime Minister Gordon Brown's Labor government of laying 25 million people open to identity theft and bank fraud, ridiculing its management of the country.

The head of Britain's tax authority, Paul Gray, quit earlier and Darling described the incident as a "serious failure" on the part of the revenue collector, already embroiled in two other breaches of security.

Darling told parliament two discs containing information on 25 million Britons had disappeared after being sent through HMRC's courier, Dutch mail and parcel company TNT NV, and a police investigation was underway.



 

 

 

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