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    JERICHO, N.Y., Oct. 29, 2008 -- State Bancorp, Inc. , parent company of State Bank of Long Island , today reported earnings for the third quarter of 2008 of $2.0 million versus $3.1 million a year ago, representing a decrease of 35.5%.
  • www.reuters.com
    LONDON, Nov 4 (Reuters) - Yesterday's bleak reports on the state of U.S and European manufacturing confirmed that a global recession has already begun. The Institute of Supply Management (ISM)'s composite business activity indicator plunged for the ...
  • english.people.com.cn
    China's top banking regulator rated the country's banking industry as healthy with total assets increasing rapidly, bad loan rates dropping and capital adequacy ratio (CAR) rising. "The performance of Chinese banks has reached a historic peak," said Jiang Dingzhi, vice chairman of the China Banking Regulatory Commission (CBRC), at a financial forum in Beijing on Saturday. Total banking assets ...

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