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	<title>Stock Blog Hub &#187; Allied Irish Banks plc</title>
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		<title>(WFC) Wells Fargo May Purchase Irish Assets of Bank of Ireland PLC</title>
		<link>http://www.stockbloghub.com/2011/11/28/wfc-wells-fargo-may-purchase-irish-assets-of-bank-of-ireland-plc/87641</link>
		<comments>http://www.stockbloghub.com/2011/11/28/wfc-wells-fargo-may-purchase-irish-assets-of-bank-of-ireland-plc/87641#comments</comments>
		<pubDate>Mon, 28 Nov 2011 20:38:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BX]]></category>
		<category><![CDATA[IRE]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[The Blackstone Group]]></category>
		<category><![CDATA[The Governor and Company of The Bank of Ireland]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87641</guid>
		<description><![CDATA[On Friday, Bloomberg reported that Wells Fargo &#38; Company (WFC) might purchase the London-based Burdale Finance Ltd. unit from Dublin-based Bank of Ireland PLC (IRE). In 2004, Bank of Ireland acquired Burdale from Wachovia Corp. for €71 million. Bank of Ireland was contemplating the sale of Burdale since April and has hired Hawkpoint Partners Ltd. as an adviser in this regard. The sale of Burdale is expected to be completed by the end of 2011. Burdale Finance Ltd. provides loans against assets in the U.S. and U.K. Currently, the firm has approximately €800 million ($1.1 billion) of loans in both countries across the Atlantic. The completion of the deal will mark Wells Fargo’s third dive this year on the assets of Irish banks. In October, Wells Fargo purchased €1.13 billion ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/28/wfc-wells-fargo-may-purchase-irish-assets-of-bank-of-ireland-plc/87641/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIB) Company News for May 18, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/05/18/aib-company-news-for-may-18-2011-corporate-summary/74393</link>
		<comments>http://www.stockbloghub.com/2011/05/18/aib-company-news-for-may-18-2011-corporate-summary/74393#comments</comments>
		<pubDate>Wed, 18 May 2011 15:20:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[DELL]]></category>
		<category><![CDATA[Dell Inc.]]></category>
		<category><![CDATA[eLong Inc]]></category>
		<category><![CDATA[Fairpoint Communications Inc.]]></category>
		<category><![CDATA[FRP]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[LINE]]></category>
		<category><![CDATA[Linn Energy Llc]]></category>
		<category><![CDATA[LONG]]></category>
		<category><![CDATA[MAKO]]></category>
		<category><![CDATA[MAKO Surgical Corporation]]></category>
		<category><![CDATA[Nektar Therapeutics]]></category>
		<category><![CDATA[NKTR]]></category>
		<category><![CDATA[ONCOLYTICS BIOTECH]]></category>
		<category><![CDATA[ONCY]]></category>
		<category><![CDATA[Optimer Pharmaceuticals Inc]]></category>
		<category><![CDATA[OPTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74393</guid>
		<description><![CDATA[•    Dell Inc. (NASDAQ:DELL) reported Q1 EPS of $0.55, higher than the Zacks Consensus Estimate of $0.43 per share. Revenue for the quarter edged up 1% year-over-year to $15.02 billion, falling short of the Zacks Consensus Estimate of $15.457 billion •    Share prices of US listed Allied Irish Banks, PLC. (NYSE:AIB) rose 13.33% to close at $3.06 after the banking company unveiled a new structure and top management team •    Leerink Swann initiated coverage on shares of Anthera Pharmaceuticals, Inc. (NASDAQ:ANTH) with an &#8220;Outperform&#8221; rating and a valuation call of $12 to $14 per share •    Share prices of elong, Inc. (NASDAQ:LONG) increased 56.72% on news that China‘s Tencent Holdings has bought a 16% stake in the company for $84.4 million •    Shares of FairPoint Communications, Inc. (NASDAQ:FRP) fell more ]]></description>
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		</item>
		<item>
		<title>(MTB) M&amp;T Bank&#8217;s Rating Outlook Remains Negative &#8211; Ratings Affirmed by Fitch</title>
		<link>http://www.stockbloghub.com/2010/11/07/mtb-mt-banks-rating-outlook-remains-negative-ratings-affirmed-by-fitch/58349</link>
		<comments>http://www.stockbloghub.com/2010/11/07/mtb-mt-banks-rating-outlook-remains-negative-ratings-affirmed-by-fitch/58349#comments</comments>
		<pubDate>Sun, 07 Nov 2010 20:16:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Northeast Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[MTB]]></category>
		<category><![CDATA[Wilmington Trust Corporation]]></category>
		<category><![CDATA[WL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=58349</guid>
		<description><![CDATA[M&#38;T Bank Corporation’s (MTB) long-term and short-term issuer default ratings (IDRs) were affirmed by Fitch Ratings at “A-” and “F1,” respectively. However, the rating outlook remains “Negative.” The rating affirmation follows M&#38;T’s announcement of agreeing to buy Wilmington Trust Corporation (WL) in a stock-for-stock transaction valued at around $351 million. According to Fitch, the combined entity’s ratings would not be impacted because of this transaction. In fact, Fitch believes that this acquisition would benefit M&#38;T as the purchase price is a favorable one. Also, with the overlap of the two companies’ footprint and the possibility of an increase in fee-based revenue, the deal seems encouraging for M&#38;T. The deal, expected to close by mid-2011, would add 48 branch locations in Delaware and 225 ATMs to M&#38;T Bank’s network and result ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/07/mtb-mt-banks-rating-outlook-remains-negative-ratings-affirmed-by-fitch/58349/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIB) Allied Irish Banks Announces Sale of M&amp;T Bank Stake</title>
		<link>http://www.stockbloghub.com/2010/10/11/aib-allied-irish-banks-announces-sale-of-mt-bank-stake/54570</link>
		<comments>http://www.stockbloghub.com/2010/10/11/aib-allied-irish-banks-announces-sale-of-mt-bank-stake/54570#comments</comments>
		<pubDate>Mon, 11 Oct 2010 15:42:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[MTB]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=54570</guid>
		<description><![CDATA[In an effort to generate sufficient capital, Allied Irish Banks plc (AIB) announced yesterday that it would sell its 22.4% shareholding in M&#38;T Bank Corporation (MTB). The sale involves a public offering of 26.7 million notes that are exchangeable for the shares of common stock of M&#38;T currently owned by it. The deal is subject to the approval of the shareholders of Allied Irish. The M&#38;T stake was acquired by Allied Irish in 2003 when it sold Allfirst Bank to M&#38;T. Morgan Stanley (MS) and Citigroup Global Markets Inc., an arm of Citigroup Inc. (C), are acting as underwriters and joint bookrunning managers for the offering. The financial crisis took its toll on Allied Irish Bank and the government came to its rescue. On September 30, 2010, the Irish government ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/11/aib-allied-irish-banks-announces-sale-of-mt-bank-stake/54570/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTB) M&amp;T Bank and Banco Santander SA Deal Stalls Again &#8211; End near?</title>
		<link>http://www.stockbloghub.com/2010/10/03/mtb-mt-bank-and-banco-santander-sa-deal-stalls-again-end-near/52844</link>
		<comments>http://www.stockbloghub.com/2010/10/03/mtb-mt-bank-and-banco-santander-sa-deal-stalls-again-end-near/52844#comments</comments>
		<pubDate>Mon, 04 Oct 2010 05:28:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Northeast Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[MTB]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=52844</guid>
		<description><![CDATA[The M&#38;T Bank (MTB) and Banco Santander SA (STD) deal has stalled again, according to a Wall Street Journal report. The deal is said to be dead since the companies failed to reach a consensus on who will control the merged entity. The deal has been a matter of discussion for several months. Santander sought to merge Sovereign Bank, its U.S. unit, with M&#38;T Bank, buy Allied Irish Banks plc.’s (AIB) 22.5% stake in M&#38;T and take over the control of the merged entity while M&#38;T Bank intended to merge itself with Sovereign but retain its control. The deal therefore needed a compromise. The M&#38;T Bank regulators are said to be unenthusiastic about the deal as they fear that the merger with Sovereign would undermine the company’s operational efficiencies. While ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTB) M&amp;T Bank May Sell Majority Stake to Banco Santander SA</title>
		<link>http://www.stockbloghub.com/2010/09/21/mtb-mt-bank-may-sell-majority-stake-to-banco-santander-sa/52440</link>
		<comments>http://www.stockbloghub.com/2010/09/21/mtb-mt-bank-may-sell-majority-stake-to-banco-santander-sa/52440#comments</comments>
		<pubDate>Wed, 22 Sep 2010 03:12:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Northeast Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[MTB]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=52440</guid>
		<description><![CDATA[M&#38;T Bank (MTB) may sell a majority stake to Banco Santander SA (STD), according to a Bloomberg report. The report also said that the banks are in consultation, though informally, with the Federal Reserve for sketching a deal. They expect to hear from Federal Reserve by the end of this month. Both M&#38;T Bank and Santander have been discussing the deal for several months. Santander seeks to merge Sovereign Bank, its U.S. unit, with M&#38;T Bank and take over the control of the entity while M&#38;T Bank intends to merge itself with Sovereign but retain its control. The deal therefore needs a compromise. It may be structured in such a way that Sovereign Bank gets merged with M&#38;T Bank while Santander initially starts with a minority stake in the combined ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/21/mtb-mt-bank-may-sell-majority-stake-to-banco-santander-sa/52440/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STD) Banco Santander SA on Acquisition Spree</title>
		<link>http://www.stockbloghub.com/2010/08/23/std-banco-santander-sa-on-acquisition-spree-2/49107</link>
		<comments>http://www.stockbloghub.com/2010/08/23/std-banco-santander-sa-on-acquisition-spree-2/49107#comments</comments>
		<pubDate>Tue, 24 Aug 2010 02:38:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[MTB]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=49107</guid>
		<description><![CDATA[Banco Santander SA (STD) is on an acquisition spree. The company is intending to acquire a stake in Bank Zachodni WBK, a Polish Bank. In fact, Santander is planning to buy three overseas businesses from Allied Irish Banks (AIB), according to a report in the Financial Times. As part of the restructuring efforts following the bailout, Allied Irish Bank needs to sell its 70% stake in Bank Zachodni WBK; a minority stake in M&#38;T Bank (MTB), a regional US bank; and a number of branches in the UK. The Zachodni stake acquisition would help Santander to possess a bank in an emerging market. Nevertheless, PKO Bank Polski S.A. &#8212; Poland’s largest bank &#8212; and BNP Paribas SA (BNPQY) are said to be giving Santander a run for its money in ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SAN) Non-US Banks Stock Review &#8211; December 2009 &#8211; Zacks Analyst Interviews</title>
		<link>http://www.stockbloghub.com/2009/12/22/san-non-us-banks-stock-review-december-2009-zacks-analyst-interviews/23346</link>
		<comments>http://www.stockbloghub.com/2009/12/22/san-non-us-banks-stock-review-december-2009-zacks-analyst-interviews/23346#comments</comments>
		<pubDate>Tue, 22 Dec 2009 18:18:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Latinoamericano de Exportaciones SA]]></category>
		<category><![CDATA[Banco Macro S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BLX]]></category>
		<category><![CDATA[BMA]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[IRE]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[The Governor and Company of The Bank of Ireland]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23346</guid>
		<description><![CDATA[Starting as a credit issue in the subprime segment of the U.S. mortgage market, the worst financial crisis since the Great Depression spread to almost the entire financial services industry and all corners of the globe. However, we believe that the worst of the global financial crisis is now probably behind us. Although non-U.S. banks are still dealing with liquidity and confidence challenges, governments have taken several steps to alleviate the sector, as banks are the lifeblood of the economy. Though the industry is in the process of adopting tougher measures to help prevent a recurrence of the global financial crisis and restore public confidence, we believe it would be a bit early to get involved with non-U.S. bank stocks, as the near term fundamental outlook remains weak &#8212; asset ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SAN) Non-U.S. Banks Stock Review &#8211; Dec. &#8217;09 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2009/12/21/san-non-u-s-banks-stock-review-dec-09-industry-outlook/23332</link>
		<comments>http://www.stockbloghub.com/2009/12/21/san-non-u-s-banks-stock-review-dec-09-industry-outlook/23332#comments</comments>
		<pubDate>Tue, 22 Dec 2009 05:31:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Latinoamericano de Exportaciones SA]]></category>
		<category><![CDATA[Banco Macro S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BLX]]></category>
		<category><![CDATA[BMA]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[IRE]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[The Governor and Company of The Bank of Ireland]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23332</guid>
		<description><![CDATA[Starting as a credit issue in the subprime segment of the U.S. mortgage market, the worst financial crisis since the Great Depression spread to almost the entire financial services industry and all corners of the globe. However, we believe that the worst of the global financial crisis is now probably behind us. Although non-U.S. banks are still dealing with liquidity and confidence challenges, governments have taken several steps to alleviate the sector, as banks are the lifeblood of the economy. Though the industry is in the process of adopting tougher measures to help prevent a recurrence of the global financial crisis and restore public confidence, we believe it would be a bit early to get involved with non-U.S. bank stocks, as the near term fundamental outlook remains weak &#8212; asset ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/21/san-non-u-s-banks-stock-review-dec-09-industry-outlook/23332/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>($CS) Non-U.S. Banks &#8211; Zacks Analyst Interviews</title>
		<link>http://www.stockbloghub.com/2009/07/30/san-non-u-s-banks-zacks-analyst-interviews/11621</link>
		<comments>http://www.stockbloghub.com/2009/07/30/san-non-u-s-banks-zacks-analyst-interviews/11621#comments</comments>
		<pubDate>Thu, 30 Jul 2009 16:32:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[Banco Bilbao Vizcaya Argentari]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BBV]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Ltd.]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Ltd.]]></category>
		<category><![CDATA[IRE]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[Lloyds TSB Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[The Governor and Company of Th]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=11621</guid>
		<description><![CDATA[In general, we believe it is still a bit early to get involved with non-US bank stocks as the fundamental outlook remains weak &#8212; asset quality will continue to deteriorate as individuals and companies default on loans, and revenues should continue to fall as loan growth falters and investment banking faces a dearth of new business in the face of economic slowing. Consumer job losses and sluggish business conditions are increasing worldwide, which will tend to dampen demand for credit, even assuming banks are capable of lending more. Moreover, these factors will also hurt asset quality and increase losses on the existing &#8220;good&#8221; loan portfolios, even apart from considerations of toxic assets. Combined with top-line pressure due to weakening economic conditions, non-US banks face a daunting outlook. That said, we ]]></description>
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