13-Sep-2011 08:07 Bank

RBC downgrades Canada's 2011 growth forecast :: Royal Bank of Canada on Monday downgraded its growth forecast for the Canadian economy in 2011, citing weaker performance in the United States and Europe.
url: http://www.ibtimes.com/articles/212638/20110912/rbc-royal-bank-of-canada-canadian-economy-united-states-europe-gdp-financial-market-consumer-confide.htm

Bank of America Layoffs: Recession-Plagued California to Get Hit Especially Hard :: The Golden State, which is already reeling under a 12 percent unemployment rate, has 45,000 BofA employees – representing about one-sixth of the company's total workforce.
url: http://www.ibtimes.com/articles/211735/20110910/bank-of-america-moynihan-layoffs-california-branches.htm

Bank of America Layoffs: Workers Lose Jobs as Industry Rapidly Streamlines :: Moynihan stated: "It's time to simplify the organization, streamline the organization.
url: http://www.ibtimes.com/articles/211652/20110910/bank-of-american-layoffs-profits-banks-moynihan-hsbc.htm

Bank of America cuts 30,000 jobs :: Bank of America is to cut 30,000 jobs, or 10% of its workforce, over the next few years as part of a cost-cutting programme, the company says.
url: http://www.bbc.co.uk/go/rss/int/news/-/news/business-14889446

BofA plans to axe 30,000 positions :: Bank of America will save $5bn a year in costs from the first phase of a restructuring plan, its chief executive said
url: http://www.ft.com/cms/s/0/b21faf8a-dd48-11e0-9dac-00144feabdc0.html?ftcamp=rss

Bank of America cutting 30,000 jobs :: url: http://rss.cnn.com/~r/rss/edition_business/~3/34Uy13owOUY/index.htm

Asian Stocks Down, Europe Follows Suit :: European index futures tumbled on Monday, following a slide in Asian equities, and the euro slumped to a 10-year low against the yen after the resignation of a top European Central Bank official cast further doubt on the region's ability to tackle its worsening sovereign debt crisis.
url: http://www.ibtimes.com/articles/212243/20110912/gold-stocks-euro.htm

AUDIO: 'Enormous dilemma' for UK's big banks :: Instant reaction to the Independent Commission on Banking's report.
url: http://news.bbc.co.uk/go/rss/int/news/-/today/hi/today/newsid_9588000/9588271.stm

AUDIO: Vickers: Bank reforms 'will get taxpayers off the hook' :: Independent Commission on Banking head says "fundamental and far-reaching" changes will be fully implemented by 2019
url: http://news.bbc.co.uk/go/rss/int/news/-/today/hi/today/newsid_9588000/9588356.stm

Bank of America Layoffs: Among the Biggest Job Culls of Recent History :: In the event the Bank actually follows through with this huge elimination, it would represent one of the biggest job culls in recent corporate history.
url: http://www.ibtimes.com/articles/211401/20110909/bank-of-america-layoffs-cisco-moynihan-ibm-citibank.htm

Scotiabank buys into Guangzhou Bank for C$719 million :: Bank of Nova Scotia (BNS.TO) said on Friday it will buy a near 20 percent stake in Bank of Guangzhou for about C$719 million ($722 million) to expand its footprint in China, becoming the latest foreign bank to invest in a Chinese bank before the bank does an IPO.
url: http://www.ibtimes.com/articles/211378/20110909/scotiabank-buys-into-guangzhou-bank-for-c-719-million.htm

Bank of America Layoffs: The Industry Bloodbath Continues :: Major global banks have been jettisoning workers en masse for the past few months – the brutal manifestation of a grim new economic landscape.
url: http://www.ibtimes.com/articles/211350/20110909/bank-of-america-layoffs-global-hsbc-job-losses.htm