Banks insurers

• Feb. 28--The Bureau on compulsory insurance established in Azerbaijan in Dec, 2011 in accordance with requirements of the new law On compulsory types of insurance has announced list of banks on deposit account of which it placed its funds.
(Businessweek)
• So, too, have bank failures. In fact, our once-weekly Failure Friday feature, which charts the Federal Deposit Insurance Corporations Friday-evening takeovers of failed banks, may have to be downgraded to Failure Every-Other-Friday.
(Yahoo Finance)
• The banks that service about half the nation's mortgages according to the Federal Deposit Insurance Corp. Wells Fargo had $95 billion, JPMorgan had $79.7 billion, Citigroup was $27.
(Bloomberg)
• AUSTRALIAN banks could be benefiting from free insurance from Australian taxpayers worth hundreds of millions, Reserve Bank governor Glenn Stevens suggested yesterday.
(The Australian)
• Feb 16 - The implicit, virtually unlimited deposit insurance at German banks, which Fitch Ratings considers tantamount to state support, provides stability in the current market environment.
(Reuters)
• The two banks' exposure to the ECB The ECB funding is "liquidity insurance," and doesn't mean the bank won't issue debt this year if market conditions improve, BBVA said. It has since issued senior debt in the markets.
(Wall Street Journal)
• Which? has warned that banks are pushing borrowers into the arms of claims management firms by taking too long to settle payment protection insurance claims. Last week the Financial Services Authority revealed that banks paid out £1.9bn in PPI redress last year.
(Mortgage Strategy)
• and other insurance coverages. Canadian credit card directory is listing credit cards offered by major Canadian banks and financial institutions, as well as credit cards offered by Canadian stores. http://www.creditcardreview.
(PRLog (free press release))
• But economists believe British banks are set to take a much heavier hit. PPI or Payment Protection Insurance can offer a financial lifeline to those unable to work through illness or redundancy.
(PRLog (free press release))