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Premier Commercial Bancorp Announces Quarter and Year to Date EarningsFriday, November 21, 2008 @ 8:00AM ANAHEIM, Calif.----Premier Commercial Bancorp , parent company of Premier Commercial Bank, N.A., reported consolidated core earnings for the nine months ended September 30, 2008 of $741,000, compared to $1,535,000 for the same period last year.

Assessment commissioned of bank taken over by Swedish stateFriday, November 21, 2008 @ 7:54AMStockholm - Independent firms have been commissioned to assess the value of Carnegie Investment Bank AB recently taken over by the Swedish state, officials said Friday. Bo Lundgren, head of the Swedish National Debt Office that took over the bank las...

GMAC eyes Ballantyne for HQ siteFriday, November 21, 2008 @ 7:50AMGMAC Financial Services, the troubled lender applying to become a bank holding company, is negotiating for office space in Ballantyne for a possible move of its headquarters to Charlotte, a source familiar with the situation said Thursday. If the company receives government approval to become a bank holding company, GMAC will need compliance, legal and other staff that is likely to become ...

Yen Weakens as Stocks Rebound, Reviving Demand for Higher YieldFriday, November 21, 2008 @ 3:45AMNov. 21 (Bloomberg) -- The yen declined as stocks rebounded on speculation that a sale of Citigroup Inc . will reduce risk in the financial system, stoking demand for higher-yielding assets financed with loans in Japan.

Citigroup share price hits 15-year lowFriday, November 21, 2008 @ 3:10AMCitigroup Inc. shares tumbled below $5 a share Thursday to their lowest level in more than 15 years.

Business briefsFriday, November 21, 2008 @ 3:09AMNews in brief from around the country

Qiao Xing Universal Telephone, Inc. Releases 2008 Unaudited First Half Consolidated Income Statement and Consolidated ...Friday, November 21, 2008 @ 3:00AM Qiao Xing Universal Telephone, Inc. today released its unaudited consolidated income statement for the six months ended June 30, 2008 and consolidated balance sheet as at June 30, 2008.

Rand en routeFriday, November 21, 2008 @ 2:43AMEven though the economic crisis is back in full swing, the rand adjustment remains orderly.

JPMorgan cuts 3000 investment banking jobs: SourcesThursday, November 20, 2008 @ 11:23PM JPMorgan is cutting its investment banking staff as economic slowdown starts to bite into its earnings. Reshape your career | Trends & turmoil in job market