Bank high on its new ventures
Omaha.comFirst National Bank's online bank, which opened May 1, has $1 billion in deposits and 25,000 customers — a sign that the Omaha company can compete with the big boys of cyberbanking. That program and a new investment banking division are part of a three-year turnaround plan that is about halfway completed.
Read full articleBanks
ShoreBank thrives despite early predictions
Opening a bank aimed at improving the quality of life in poor urban areas was supposed to be a grand... [read more]
U.S. subprime woes could hurt Swiss banks, report says
While banks including UBS and Credit Suisse have raised their ability to absorb shocks, recent increases... [read more]
Energy
BP in oilseed tree project
Company sets up a venture with biodiesel firm to increase planting of jatropha, a tree that produces... [read more]
For some oil companies, Venezuela is hardly the worst option
The edicts of President Hugo Chávez are relatively tolerable when compared with conditions in countries... [read more]
