Canadian Western Bank (CWB or the Bank) is pleased to announce the opening of its new full-service commercial and retail banking centre in Leduc, Alberta.

Henry A. Waxman, Committee Chairman on Oversight and Government Reform, Requests Compensation and Bonus Information for Employees of Major Banks

At least a dozen people asked me to comment on the New York Times article So When Will Banks Give Loans? Most seem to believe the bank bailout package is part of some complicated scheme by the treasury and Fed to give banks taxpayer money explicitly for takeovers.

PNC Bank and Giant Food banking services program's first phase Includes 41 new n-store branches and 180 additional ATMs in Virginia, Maryland, Delaware and District of Columbia. PNC bank will create 225 banking positions.

World stocks The stock markets around the world in Asia and Europe rallied in early trading Monday on news of more European help for troubled banks. Hong Kong's Heng Seng was up ten percent, while top European exchanges rose more than five percent in early trading.

A panel of securities industry arbitrators has ordered investment banking giant Goldman Sachs (NYSE: GS) to pay one of its former brokers $1 million following an investigation into the company's compensation system.

Lawmakers have reached an agreement on the the $700 billion bailout bill, which is expected to go to a vote tomorrow. It's a big bailout bill, out of the scope of one article and posted at House Financial Services Committee website.

The headline in New York Times is every more impressive as it reads Government Seizes WaMu and Sells Some Assets. "Washington Mutual, the giant lender that came to symbolize the excesses of the mortgage boom, was seized by federal regulators on Thursday night, in what is by far the largest bank failure in American history."

Elmira Savings Bank, FSB (Nasdaq: ESBK) and Citizens Financial Services, Inc. (OTC Bulletin Board: CZFS), the holding company of First Citizens National Bank, today announced a definitive agreement for First Citizens National Bank to purchase the Elmira Savings Bank branch office located at 1485 South Main Street, Mansfield, Pennsylvania.

Up, down, up, down, and finally up. The Dow Jones Industrial Average (DJIA) finished up 410 points as a wild rally ensued on rumors of the possible formation of a government entity that will take over banks' bad debt.

BMO Bank of Montreal today opened the doors to a 4,100 square foot branch at 91 King William Street in Huntsville, Ontario. The branch is being relocated from less than 1 km east allowing access from King William Street.

Royal Bank of Canada (RY on TSX and NYSE) today announced a domestic public offering of $225 million of Non-Cumulative, 5 year rate reset Preferred Shares Series AJ.