Copyright (c) 2009 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/1272 business Business - Banking Industry en-us Wed, 04 Nov 2009 08:42:27 GMT 5 142 18 http://news.yahoo.com/i/1272 http://l.yimg.com/a/i/us/nws/th/main_142b.gif http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091104/ap_on_bi_ge/world_markets ap/20091104/world_markets AP business Wed, 04 Nov 2009 10:57:39 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091104/ap_on_bi_ge/world_markets"><img src="http://d.yimg.com/a/p/afp/20091104/capt.photo_1257299354136-1-0.jpg?x=130&y=103&q=85&sig=Lzgid5MzSv6WrZXk6.Gt.Q--" align="left" height="103" width="130" alt="File photo shows the New York Stock Exchange in the centre of the US city. The Federal Reserve is widely expected to hold interest rates near zero at a monetary policy meeting Wednesday, in a bid to nurture a fragile recovery from recession.(AFP/File/Timothy A. Clary)" border="0" /></a>AP - European stock markets recovered Wednesday, helped by upbeat earnings reports across the region ahead of the latest economic update from the U.S. Federal Reserve.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091104/ap_on_bi_ge/world_markets"><img src="http://d.yimg.com/a/p/afp/20091104/capt.photo_1257299354136-1-0.jpg?x=130&y=103&q=85&sig=Lzgid5MzSv6WrZXk6.Gt.Q--" align="left" height="103" width="130" alt="photo" title="File photo shows the New York Stock Exchange in the centre of the US city. The Federal Reserve is widely expected to hold interest rates near zero at a monetary policy meeting Wednesday, in a bid to nurture a fragile recovery from recession.(AFP/File/Timothy A. Clary)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/afp/20091104/bs_afp/chinaeconomywbank afp/20091104/chinaeconomywbank AFP business Wed, 04 Nov 2009 07:01:30 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/afp/20091104/bs_afp/chinaeconomywbank"><img src="http://d.yimg.com/a/p/afp/20091104/capt.photo_1257314462426-1-0.jpg?x=100&y=130&q=85&sig=5XvYmyb10nMsKY1CyLaTwg--" align="left" height="130" width="100" alt="Chinese labourers at a construction site in Hefei, eastern China. The World Bank has upgraded its 2009 economic growth forecast for the country to 8.4 percent on the back of huge public spending but warned stronger domestic demand was needed to ensure a sustainable recovery.(AFP/File)" border="0" /></a>AFP - The World Bank Wednesday upgraded its 2009 growth forecast for China to 8.4 percent on the back of huge public spending but said stronger domestic demand was needed to ensure a sustainable recovery.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/afp/20091104/bs_afp/chinaeconomywbank"><img src="http://d.yimg.com/a/p/afp/20091104/capt.photo_1257314462426-1-0.jpg?x=100&y=130&q=85&sig=5XvYmyb10nMsKY1CyLaTwg--" align="left" height="130" width="100" alt="photo" title="Chinese labourers at a construction site in Hefei, eastern China. The World Bank has upgraded its 2009 economic growth forecast for the country to 8.4 percent on the back of huge public spending but warned stronger domestic demand was needed to ensure a sustainable recovery.(AFP/File)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091103/ap_on_bi_ge/us_citizens_bank ap/20091103/us_citizens_bank AP business Tue, 03 Nov 2009 18:40:03 GMT AP - The head of Rhode Island-based Citizens Financial Group says it won't be sold by its parent company, the Royal Bank of Scotland, as a condition of the British government pouring billions of dollars into the firm. http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091103/ap_on_bi_ge/eu_britain_banks ap/20091103/eu_britain_banks AP business Tue, 03 Nov 2009 17:52:45 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091103/ap_on_bi_ge/eu_britain_banks"><img src="http://d.yimg.com/a/p/ap/20091103/capt.16acfbe78bbb4a7387ed223bb6ae815e.britain_banks_lst107.jpg?x=130&y=86&q=85&sig=vPCxOLqshvvmWzNEQrSRBA--" align="left" height="86" width="130" alt="A man walks by the headquarter of Royal Bank of Scotland Group in the City of London, Tuesday, Nov. 3, 2009. Royal Bank of Scotland gets a further 25.5 billion pounds from the government &mdash; all at once, instead of in stages as announced in February. The bailed-out bank will also sell assets to comply with conditions for state aid and the government's stake will rise from 70 percent to 84 percent. The government also granted tax changes worth up to 11 billion pounds to RBS, and it will spend 5.7 billion pounds to buy its share of the new Lloyds shares. And the Treasury set aside a further 8 billion pounds to support RBS if its position deteriorates badly. (AP Photo/Sang Tan)" border="0" /></a>AP - The British government moved Tuesday to break up the country's two biggest retail banks, imposing a major shakeup on the financial sector as it exacts payback for last year's massive state bailout at the height of the financial crisis.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091103/ap_on_bi_ge/eu_britain_banks"><img src="http://d.yimg.com/a/p/ap/20091103/capt.16acfbe78bbb4a7387ed223bb6ae815e.britain_banks_lst107.jpg?x=130&y=86&q=85&sig=vPCxOLqshvvmWzNEQrSRBA--" align="left" height="86" width="130" alt="photo" title="A man walks by the headquarter of Royal Bank of Scotland Group in the City of London, Tuesday, Nov. 3, 2009. Royal Bank of Scotland gets a further 25.5 billion pounds from the government &mdash; all at once, instead of in stages as announced in February. The bailed-out bank will also sell assets to comply with conditions for state aid and the government's stake will rise from 70 percent to 84 percent. The government also granted tax changes worth up to 11 billion pounds to RBS, and it will spend 5.7 billion pounds to buy its share of the new Lloyds shares. And the Treasury set aside a further 8 billion pounds to support RBS if its position deteriorates badly. (AP Photo/Sang Tan)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/nm/20091103/bs_nm/us_bankofamerica_ceo nm/20091103/us_bankofamerica_ceo Reuters business Tue, 03 Nov 2009 16:18:03 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/nm/20091103/bs_nm/us_bankofamerica_ceo"><img src="http://d.yimg.com/a/p/rids/20091103/i/r2040342409.jpg?x=130&y=92&q=85&sig=zs_iE2s45Nyv8o7mi14ZtQ--" align="left" height="92" width="130" alt="A sign for the Bank of America is seen outside a branch in Vienna, Virginia October 16, 2009. REUTERS/Larry Downing" border="0" /></a>Reuters - Bank of America Corp is considering allowing its next chief executive to be based in a city other than Charlotte, North Carolina, the bank's long-time headquarters, Bloomberg reported on Tuesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/nm/20091103/bs_nm/us_bankofamerica_ceo"><img src="http://d.yimg.com/a/p/rids/20091103/i/r2040342409.jpg?x=130&y=92&q=85&sig=zs_iE2s45Nyv8o7mi14ZtQ--" align="left" height="92" width="130" alt="photo" title="A sign for the Bank of America is seen outside a branch in Vienna, Virginia October 16, 2009. REUTERS/Larry Downing" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/nm/20091103/bs_nm/us_britain_banks nm/20091103/us_britain_banks Reuters business Tue, 03 Nov 2009 13:09:18 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/nm/20091103/bs_nm/us_britain_banks"><img src="http://d.yimg.com/a/p/rids/20091103/i/r1507677211.jpg?x=130&y=80&q=85&sig=s3TIPVOjickYY0mhaKLT9Q--" align="left" height="80" width="130" alt="A pedestrian passes the head office of the Lloyds Banking Group in central London August 5, 2009. REUTERS/Stefan Wermuth" border="0" /></a>Reuters - Britain's two largest retail lenders are to get another 31 billion pounds from the government and have agreed to sell hundreds of branches and key businesses to appease EU competition concerns over state aid.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/nm/20091103/bs_nm/us_britain_banks"><img src="http://d.yimg.com/a/p/rids/20091103/i/r1507677211.jpg?x=130&y=80&q=85&sig=s3TIPVOjickYY0mhaKLT9Q--" align="left" height="80" width="130" alt="photo" title="A pedestrian passes the head office of the Lloyds Banking Group in central London August 5, 2009. REUTERS/Stefan Wermuth" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/afp/20091103/bs_afp/forexeurope afp/20091103/forexeurope AFP business Tue, 03 Nov 2009 12:06:58 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/afp/20091103/bs_afp/forexeurope"><img src="http://d.yimg.com/a/p/afp/20091103/capt.photo_1257249945600-1-0.jpg?x=130&y=74&q=85&sig=09lsGO5RYk.R0kj_L8loWg--" align="left" height="74" width="130" alt="A one euro coin (right) is pictured with a British sterling one pound coin. The euro and the pound fell sharply against the dollar as European stock markets tumbled and Britain unveiled a major shake-up of the banking industry(AFP/File/Leon Neal)" border="0" /></a>AFP - The euro and the pound fell sharply against the dollar on Tuesday as European stock markets tumbled and Britain unveiled a major shake-up of the banking industry, analysts said.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/afp/20091103/bs_afp/forexeurope"><img src="http://d.yimg.com/a/p/afp/20091103/capt.photo_1257249945600-1-0.jpg?x=130&y=74&q=85&sig=09lsGO5RYk.R0kj_L8loWg--" align="left" height="74" width="130" alt="photo" title="A one euro coin (right) is pictured with a British sterling one pound coin. The euro and the pound fell sharply against the dollar as European stock markets tumbled and Britain unveiled a major shake-up of the banking industry(AFP/File/Leon Neal)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091102/ap_on_bi_ge/us_banks_fdic_extension ap/20091102/us_banks_fdic_extension AP business Mon, 02 Nov 2009 23:36:44 GMT AP - Two banks which have repaid their bailout funds said Monday they no longer need to take advantage of a special program that offers government insurance on certain deposits, like checking account funds, over $250,000. http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091102/ap_on_bi_ge/eu_britain_royal_bank_of_scotland ap/20091102/eu_britain_royal_bank_of_scotland AP business Mon, 02 Nov 2009 21:16:42 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091102/ap_on_bi_ge/eu_britain_royal_bank_of_scotland"><img src="http://d.yimg.com/a/p/ap/20091102/capt.c2984d190d444811b21eecd13cdb65f2.britain_royal_bank_of_scotland_llp102.jpg?x=85&y=130&q=85&sig=4y7r4.e1zBzHoMaUJEMvQw--" align="left" height="130" width="85" alt="People walk past the headquarters of the Royal Bank of Scotland in London, Monday Nov. 2, 2009, one of the banks which were rescued by government action following the recent worldwide collapse of the financial sector. RBS Group PLC said Monday that the European Commission will require the sale of more assets than the bank originally expected, while gaving no details about what parts of its business it might be forced to sell, as negotiations continue between RBS, the British Treasury and the European Commission. (AP Photo/Lefteris Pitarakis)" border="0" /></a>AP - The Royal Bank of Scotland PLC, which is 70 percent owned by the British government, said Monday it plans to cut 3,700 jobs in its British branch network over the next two years.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091102/ap_on_bi_ge/eu_britain_royal_bank_of_scotland"><img src="http://d.yimg.com/a/p/ap/20091102/capt.c2984d190d444811b21eecd13cdb65f2.britain_royal_bank_of_scotland_llp102.jpg?x=85&y=130&q=85&sig=4y7r4.e1zBzHoMaUJEMvQw--" align="left" height="130" width="85" alt="photo" title="People walk past the headquarters of the Royal Bank of Scotland in London, Monday Nov. 2, 2009, one of the banks which were rescued by government action following the recent worldwide collapse of the financial sector. RBS Group PLC said Monday that the European Commission will require the sale of more assets than the bank originally expected, while gaving no details about what parts of its business it might be forced to sell, as negotiations continue between RBS, the British Treasury and the European Commission. (AP Photo/Lefteris Pitarakis)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091102/ap_on_bi_ge/us_bank_of_new_york_mellon_acquisition ap/20091102/us_bank_of_new_york_mellon_acquisition AP business Mon, 02 Nov 2009 20:54:22 GMT AP - BNY Mellon Asset Management on Monday said it bought a 20 percent stake in private equity firm Siguler Guff & Co. http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091102/ap_on_bi_ge/us_mountain_state_banking_wva ap/20091102/us_mountain_state_banking_wva AP business Mon, 02 Nov 2009 17:05:13 GMT AP - Mountain State University and the West Virginia Bankers Association are forming a partnership to provide continued education to workers in the banking industry. http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/nm/20091102/bs_nm/us_bankofamerica nm/20091102/us_bankofamerica Reuters business Mon, 02 Nov 2009 02:50:47 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/nm/20091102/bs_nm/us_bankofamerica"><img src="http://d.yimg.com/a/p/rids/20091102/i/r1775051899.jpg?x=130&y=89&q=85&sig=z72bGd9KW6IuF.SEGNDLyw--" align="left" height="89" width="130" alt="Bank of New York's Chief Executive Robert Kelly (C) speaks to reporters at the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009. REUTERS/Larry Downing" border="0" /></a>Reuters - Bank of New York Mellon Corp Chief Executive Robert Kelly was recently approached about taking the CEO job at Bank of America Corp , but he has shown no interest in the job, The Wall Street Journal reported.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/nm/20091102/bs_nm/us_bankofamerica"><img src="http://d.yimg.com/a/p/rids/20091102/i/r1775051899.jpg?x=130&y=89&q=85&sig=z72bGd9KW6IuF.SEGNDLyw--" align="left" height="89" width="130" alt="photo" title="Bank of New York's Chief Executive Robert Kelly (C) speaks to reporters at the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009. REUTERS/Larry Downing" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091102/ap_on_bi_ge/eu_britain_banking_shakeup ap/20091102/eu_britain_banking_shakeup AP business Mon, 02 Nov 2009 01:01:24 GMT AP - Big British banks bailed out by taxpayers in the wake of the credit crunch will have to sell off large chunks of their businesses in exchange for the billions in state aid they received during the crisis, the government said Sunday. http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091101/ap_on_bi_ge/us_geithner_banks ap/20091101/us_geithner_banks AP business Sun, 01 Nov 2009 13:02:38 GMT AP - Treasury Secretary Timothy Geithner (GYT'-nur) says the U.S. banking system is "dramatically more stable" because of the government bailout. http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091031/ap_on_bi_ge/us_bank_closures ap/20091031/us_bank_closures AP business Sat, 31 Oct 2009 13:29:57 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091031/ap_on_bi_ge/us_bank_closures"><img src="http://d.yimg.com/a/p/ap/20091031/capt.4e84b160f2af4a6eb75803ac3fea9c5c.bank_closures_camt101.jpg?x=130&y=88&q=85&sig=T11MhBEHZT5bh9z2Y_WwCg--" align="left" height="88" width="130" alt="California National Bank headquarters sits in front of the downtown Los Angeles skyline, Friday, Oct. 30, 2009, in Los Angeles. Regulators on Friday shut California National Bank of Los Angeles and eight smaller related banks as the weak economy continues to produce a stream of loan defaults. (AP Photo/Mark J. Terrill)" border="0" /></a>AP - Regulators have shut California National Bank of Los Angeles and eight smaller related banks as the weak economy continues to produce a stream of loan defaults.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091031/ap_on_bi_ge/us_bank_closures"><img src="http://d.yimg.com/a/p/ap/20091031/capt.4e84b160f2af4a6eb75803ac3fea9c5c.bank_closures_camt101.jpg?x=130&y=88&q=85&sig=T11MhBEHZT5bh9z2Y_WwCg--" align="left" height="88" width="130" alt="photo" title="California National Bank headquarters sits in front of the downtown Los Angeles skyline, Friday, Oct. 30, 2009, in Los Angeles. Regulators on Friday shut California National Bank of Los Angeles and eight smaller related banks as the weak economy continues to produce a stream of loan defaults. (AP Photo/Mark J. Terrill)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/nm/20091031/bs_nm/us_usbancorp nm/20091031/us_usbancorp Reuters business Sat, 31 Oct 2009 04:11:46 GMT Reuters - U.S. authorities seized nine failed banks on Friday, the most in a single day since the financial crisis began and the latest stark sign that substantial parts of the nation's banking industry are being crippled by bad loans. http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091031/ap_on_bi_ge/us_meltdown101_if_your_bank_fails ap/20091031/us_meltdown101_if_your_bank_fails AP health Sat, 31 Oct 2009 02:06:49 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091031/ap_on_bi_ge/us_meltdown101_if_your_bank_fails"><img src="http://d.yimg.com/a/p/ap/20091030/capt.4ad2aabd8ce64f519b06344f02be4df3.meltdown_101_if_your_bank_fails_nybz181.jpg?x=130&y=83&q=85&sig=UE8siNI3EGmjZRdSGXBp6g--" align="left" height="83" width="130" alt="FILE - In this July 15, 2008 file photo, Robert Brown FDIC ombudsman distributes forms for people to fill out before getting their money back outside IndyMac Bank in Encino, Calif. Some 200 anxious, embittered and sometimes angry customers swarmed an IndyMac bank branch creating a Depression Era-like scene in the city's San Fernando Valley, as they demanded their money back. (AP Photo/Nick Ut, file)" border="0" /></a>AP - Dozens of banks have failed this year. What do you need to know if yours is next?</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091031/ap_on_bi_ge/us_meltdown101_if_your_bank_fails"><img src="http://d.yimg.com/a/p/ap/20091030/capt.4ad2aabd8ce64f519b06344f02be4df3.meltdown_101_if_your_bank_fails_nybz181.jpg?x=130&y=83&q=85&sig=UE8siNI3EGmjZRdSGXBp6g--" align="left" height="83" width="130" alt="photo" title="FILE - In this July 15, 2008 file photo, Robert Brown FDIC ombudsman distributes forms for people to fill out before getting their money back outside IndyMac Bank in Encino, Calif. Some 200 anxious, embittered and sometimes angry customers swarmed an IndyMac bank branch creating a Depression Era-like scene in the city's San Fernando Valley, as they demanded their money back. (AP Photo/Nick Ut, file)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ibd/20091030/bs_ibd_ibd/20091030industry ibd/20091030/20091030industry Investor's Business Daily business Fri, 30 Oct 2009 21:47:19 GMT Investor's Business Daily - Investment banks rode out the recent financial storm along with the rest of the banking industry. http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091030/ap_on_bi_ge/as_thailand_canada_fugitive_banker ap/20091030/as_thailand_canada_fugitive_banker AP business Fri, 30 Oct 2009 18:20:58 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091030/ap_on_bi_ge/as_thailand_canada_fugitive_banker"><img src="http://d.yimg.com/a/p/ap/20091030/capt.128a71b0b2214d7388348c89cefcc2f7.canada_thailand_fugitive_banker_vcrx107.jpg?x=130&y=115&q=85&sig=VeKSnlmkeeK3XoEI.uVflg--" align="left" height="115" width="130" alt="Amandeep Singh, lawyer for fugitive banker Rakesh Saxena, talks with reporters at the Vancouver International Airport on Thursday, Oct. 29, 2009. Saxena, a fugitive banker's long fight against extradition ended Thursday as he was put on a plane back to Thailand, where he faces charges of fraud that Thai officials say contributed to the 1990s Asian financial crisis. (AP Photo/The Canadian Press, Sam Leung)" border="0" /></a>AP - A fugitive former adviser to a Thai bank whose failure caused a crisis of confidence that helped spark the 1997 Asian financial meltdown arrived Friday night in Bangkok after his extradition from Canada.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091030/ap_on_bi_ge/as_thailand_canada_fugitive_banker"><img src="http://d.yimg.com/a/p/ap/20091030/capt.128a71b0b2214d7388348c89cefcc2f7.canada_thailand_fugitive_banker_vcrx107.jpg?x=130&y=115&q=85&sig=VeKSnlmkeeK3XoEI.uVflg--" align="left" height="115" width="130" alt="photo" title="Amandeep Singh, lawyer for fugitive banker Rakesh Saxena, talks with reporters at the Vancouver International Airport on Thursday, Oct. 29, 2009. Saxena, a fugitive banker's long fight against extradition ended Thursday as he was put on a plane back to Thailand, where he faces charges of fraud that Thai officials say contributed to the 1990s Asian financial crisis. (AP Photo/The Canadian Press, Sam Leung)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091030/ap_on_bi_ge/cn_canada_thailand_fugitive_banker ap/20091030/cn_canada_thailand_fugitive_banker AP business Fri, 30 Oct 2009 12:53:41 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091030/ap_on_bi_ge/cn_canada_thailand_fugitive_banker"><img src="http://d.yimg.com/a/p/ap/20091030/capt.34f53eb3819e4fa98a1e85123c1f6fe4.canada_thailand_fugitive_banker_vcrx101.jpg?x=130&y=113&q=85&sig=55pTj26rV4IBiMIyzBvg9Q--" align="left" height="113" width="130" alt="Amrit Sarup, the mother of Rakesh Saxena, enters the Custom and Immigration Office at the Vancouver International Airport on Thursday, Oct. 29, 2009.. Saxena, a fugitive banker's long fight against extradition ended Thursday as he was put on a plane back to Thailand, where he faces charges of fraud that Thai officials say contributed to the 1990s Asian financial crisis. (AP Photo/The Canadian Press, Sam Leung)" border="0" /></a>AP - A fugitive banker's long fight against extradition ended Thursday as he was put on a plane back to Thailand, where he faces charges of fraud that Thai officials say contributed to the 1990s Asian financial crisis.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/banking/*http://news.yahoo.com/s/ap/20091030/ap_on_bi_ge/cn_canada_thailand_fugitive_banker"><img src="http://d.yimg.com/a/p/ap/20091030/capt.34f53eb3819e4fa98a1e85123c1f6fe4.canada_thailand_fugitive_banker_vcrx101.jpg?x=130&y=113&q=85&sig=55pTj26rV4IBiMIyzBvg9Q--" align="left" height="113" width="130" alt="photo" title="Amrit Sarup, the mother of Rakesh Saxena, enters the Custom and Immigration Office at the Vancouver International Airport on Thursday, Oct. 29, 2009.. Saxena, a fugitive banker's long fight against extradition ended Thursday as he was put on a plane back to Thailand, where he faces charges of fraud that Thai officials say contributed to the 1990s Asian financial crisis. (AP Photo/The Canadian Press, Sam Leung)" border="0"/></a></p><br clear="all"/> (AP)