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Tag: Bank

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  • Janet Yellen to be named Fed chief, first woman in post

    October 9, 2013 | 10:52 am

    Janet Yellen, the vice chairwoman of the Federal Reserve, is expected to be named the central bank’s chairwoman — the first woman to serve in the post.

    Various media reported Wednesday that President Obama would make the announcement of Yellen’s ascension to Fed chief on...

  • Calif. bars state banks from funding Iran, terror groups

    August 27, 2013 | 2:11 pm

    California enacted a measure making it illegal for state-chartered financial institutions to be used, directly or indirectly, to funnel money to terrorist groups or the government of Iran.

    The law signed Monday by Gov. Jerry Brown provides oversight mechanisms to ensure that the...

  • Senators urge Europe to shut out Iran from bank transactions

    February 27, 2013 | 9:58 am

    A large bipartisan slate of U.S. senators urged European Union officials to authorize the body's central bank to shut Iran out of its money transfer system.

    The Feb. 25 letter to the president of the European Council, initiated by Sens. Jeanne Shaheen (D-N.H.) and Mark Kirk...

  • Bank of Israel Governor Stanley Fischer to step down

    January 29, 2013 | 8:50 am

    Stanley Fischer is stepping down from his position as governor of the Bank of Israel.

    Fischer, 69,  will be leaving office on June 30 after serving eight years that included shepherding the Israeli economy through the global financial crisis of 2007-08. His term was scheduled to...

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  • World Bank: Urgent action needed to avoid PA fiscal crisis

    September 21, 2012 | 9:27 am

    The World Bank called on donors to act “urgently” to prevent a “deepening fiscal crisis” in the Palestinian territories.

    Israel also needs to remove barriers to developing the West Bank economy, the World Bank said.

    In a statement about its report published this week on the...

  • Australian bank executive apologizes for calling Hitler a ‘visionary’

    August 20, 2012 | 10:15 am

    A senior banker at one of Australia’s largest investment banks apologized for suggesting that Hitler was a great visionary.

    Michael Hawker, an independent nonexecutive director of the board of the Macquarie Group, told a meeting of bank executives in Sydney last week that “You...

  • Tokyo bank freezes Iranian assets

    May 18, 2012 | 10:40 am

    A Japanese bank has halted transactions by the Iranian government in response to a U.S. court ordering a $2.6 billion asset freeze over the 1983 bombing of the U.S. Marines barracks in Beirut.

    A spokesman for the Bank of Tokyo-Mitsubishi UJF confirmed the move to the Agence...

  • Pro- Palestinian ‘fly-in’ protest denied.

    By Noga Gur-Arieh

    April 16, 2012 | 12:49 pm

    This Sunday, a group of 1500 participants of ‘Welcome to Palestine’ fly-in protest planned on flying to Tel-Aviv in an act of solidarity with the Palestinians in the West Bank. Their plan, as reported by them online, was to protest against the so called segregation and inequality,...

  • A letter to the United Nation’s Human Rights Council

    By Noga Gur-Arieh

    March 25, 2012 | 11:52 am

    Dear members of the United Nations’ Human Rights Council,

    Let me start by saying how important it is, to me, that there is someone out there who’s job is to protect the most valuable thing in the world: human rights. You are here to make the world a safe place for those who can’t...

  • Shut down Iranian bank, Germany’s leaders say

    April 5, 2011 | 10:38 am

    A call by Germany’s top Jewish leader for the European Iranian Bank of Commerce in Hamburg to be shut down was echoed by the German government.

    Shortly after Dieter Graumann, head of the Central Council of Jews in Germany, made his statement to the Handelsblatt online newspaper, the...

  • I want my $5 back - a heartfelt letter to my bank!

    By Julia Bendis

    February 4, 2011 | 6:30 pm

    Dear Wescom Credit Union Employees:

    I am writing this letter because I just spent 30 minutes on the phone speaking with one of your Imbeciles, please excuse the spelling of that word, the auto-corrector doesn’t have a suggestion for me.

    Anyway, I just wasted 30 minutes of my life...

  • Where Are Arafat’s Millions?

    By Dan Baron

    November 18, 2004 | 7:00 pm

     

    With Yasser Arafat's burial, he took with him one of the enduring secrets of the Palestinian regime -- the whereabouts of a missing fortune in ill-gotten public funds.

    Ranked sixth on Forbes magazine's 2003 list of "the richest kings, queens and despots," with an estimated private...

  • Diminished Returns

    By Tom Tugend

    November 20, 1997 | 7:00 pm

    Matt Fong
    California Treasurer Matt Fong is having second thoughts aboutthe sanctions he imposed on Swiss banks, partly due to what he saysare "mixed signals" from the Jewish community.

    Since July, Fong has liquidated some $2 billion worth ofCalifornia funds in Swiss banks by not...

  • The Swiss Spin

    By Tom Tugend

    November 13, 1997 | 7:00 pm

    Swiss Ambassador Alfred Defago

    Has unremitting pressure on the Swiss government and its banks byAmerican Jewish organizations and supportive politicians becomecounterproductive, or will only constant prodding move the Swiss todo the right thing?

    The question is being spurred by a newly...

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