Five suspects, all from Eastern Europe, were among 17 accused by the Manhattan district attorney of the online theft of more than 95,000 credit card numbers.

Source:Five More Accused in Credit Card Fraud Investigation (International Herald Tribune)

PETALING JAYA: The investment banking industry may pick up by the year-end judging from the more active capital market, thus resulting in better performances for players, say analysts.

Source:Investment banking sector expected to pick up by year-end (The Star)

SAN FRANCISCO—-The Federal Home Loan Bank of San Francisco announced August 31, 2009, that the 11th District Monthly Weighted Average Cost of Funds Index for July 2009 is 1.473%. The index for June 2009 was 1.599%.

Source:Federal Home Loan Bank of San Francisco Releases July 2009 Cost of Funds Index (Business Wire via Yahoo! Finance)

While their contemporaries in the developed world experienced a free fall in profitability, the local banking sector withstood the global recession, notching up a 22 percent jump in total assets to P45 billion for 2008.

Source:Botswana: Banking Sector Withstands Global Recession (AllAfrica.com)