In determining Euribor, banks voluntarily submit levels at which they believe a theoretical "prime bank" could borrow in various currencies and at various maturities.
The French bank agreed to buy the prime-brokerage unit of Bank of America, which is pruning its investment-banking activities.
The US bank prime rate remained unchanged in the second half of September at 3.25 percent.
The US bank prime rate set by the Federal Reserve remained unchanged at 3.25 percent, where it has been since January of 2009.
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Which is obviously good news for the UK, since - as our prime minister and Bank of England governor are wont to say - the biggest economic threat to the UK right now would be a disorderly break up of the European currency union.
Credit Suisse is a prime example of a bank that has greatly increased its exposure to the securities markets over the past decade.
The global head of equity and derivatives for BNP Paribas, Yann Gerardin, told Forbes.com on Wednesday that its latest acquisition--Bank of America's equity prime brokerage unit--would give the bank an attractive springboard into the lucrative American market.
The global economic downturn, the sub-prime mortgage crisis, investment bank failures, falling home prices, and tight credit pushed the United States into a recession by mid-2008.
The global head of equity and derivatives for BNP Paribas (other-otc: BNPQY - news - people ), Yann Gerardin, told Forbes.com on Wednesday that its latest acquisition-- Bank of America (nyse: BAC - news - people )'s equity prime brokerage unit--would give the bank an attractive springboard into the lucrative American market.
Deutsche Bank recently reorganized its prime services division, and Citi has openly talked about building its capabilities.
Third, the just-installed prime minister is leaning on the Bank of Japan to open up the taps.
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The prime minister is a former World Bank economist and finance minister.
Some western financiers in Moscow dream of Mr Kiriyenko being replaced as prime minister by the central-bank governor, Sergei Dubinin, though he is equally likely to be sacked.
Fayad - a former senior official from the terror-linked Arab Bank and the current prime minister of Fatah Chairman Mahmoud Abbas's Judea and Samaria government - served willingly as finance minister in Hamas's government before the Gaza takeover.
As other Europeans talk more about tax harmonisation and complain more about the independence of the new central bank, the British prime minister rediscovers the old dilemma of whether to keep his distance from a project going wrong or plunge in deeper in the hope of making it more congenial to Britain.
The bank, headed by the prime minister's brother, was recently up 10%.
Israel is supposed to dismantle immediately the 70 or so outposts established in the West Bank since Ariel Sharon became prime minister in early 2001.
The unit handles the investment bank's clearing and prime brokerage businesses.
Now, Japan is going whole hog into easy monetary policy with Prime Minister Shinzo Abe strong arming the Bank of Japan to target a 2% inflation rate.
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Attendees voted with their mouse clicks, and this year they voted to see Mary Meeker, Steve Case and Michael Dell instead of Turkey's prime minister and sops from the World Bank.
While bankers said that the CRR hike is unlikely to impact banks' prime-lending rate, the Reserve Bank of India has revised its forecast of bank credit growth downwards from 18% to 16%.
News Corp. shares closed down 7.6% on the Nasdaq on Monday, amid new allegations that News Corp. newspapers hacked the family health records and bank accounts of former UK Prime Minister Gordon Brown.
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"Hedge fund clients have less to worry about when the prime brokerage is part of a larger investment bank, " he said.
The newly interventionist stance by the Japanese government of prime minister Shinzo Abe, overtly pressuring the Bank of Japan to loosen its monetary policy, has seen the yen weaken considerably against the dollar.
Bank of America will defend itself saying disclosures over mortgage bonds issued by Countrywide were sufficient for big investors like AIG, but the problem is Bank of America has become a prime target for large institutions seeking to limit the damage of the credit crisis.
Today he presides over closely held DLF group, India s largest real estate developer with an estimated land bank of 3, 000 acres in prime city locations.
Russian Prime Minister Dmitry Medvedev has said a levy that bank account holders in Cyprus must pay as part of bailout deal looks like "confiscation".
Japan's new Prime Minister Shinzo Abe has called upon the central bank to ease its policies and boost stimulus measures to help revive a sluggish Japanese economy.
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