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Banks Sector News

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Brown plays down fresh bail-out for banks

Prime Minister Gordon Brown played down the prospect of injecting more state cash into struggling banks in an interview Sunday, amid fears that October's bailout has failed to boost credit flows.

Arsonists attack banks, cars in Greece

Arsonists attacked at least 10 banks and two car dealerships around Athens early Thursday amid New Year celebrations in the Greek capital, police say.

Banks extend Oz Minerals debt refinance

Oz Minerals Ltd says its banks have extended a debt refinancing until the end of February.

US Treasury aids 43 banks with $A2.7b

The US Treasury Department says it has provided $US1.9 billion ($A2.76 billion) to 43 banks as part of the government's $US700 billion financial rescue program.

Banks, oils lift Europe shares to higher close

European shares closed higher in thin trading on Monday, led by banks and with energy stocks gaining as the conflict between Israel and Hamas bolstered crude prices.

Treasury provides financial support to 43 banks

The Treasury Department says it has provided $US1.9 billion ($2.76 billion) to 43 banks as part of the government's $700 billion financial rescue program.

Ireland injects 5.5b euros into banks

The Irish government said it's injecting 5.5 billion euros ($A11.47 billion) into three of Ireland's major banks as part of a recapitalisation rescue package.

Ireland to inject 5.5 billion euros into three banks

The Irish government on Sunday said it was injecting 5.5 billion euros (7.6 billion US dollars) into three of Ireland's major banks as part of a rescue package, taking a controlling stake in one.

Ireland inject billions into banks

The Irish government injects 5.5 billion euros ($11.47 billion) into three of Ireland's major banks, as part of a recapitalisation rescue package.

Businesses dissatisfaction with banks up

There is growing dissatisfaction with the cost of doing business with Australia's commercial banks, a survey says.