IberiaBank expands with new branches
IberiaBank Corporation finalized the agreement that assumed the assets of Trust One Bank.
Commercial banks
US Regulators Take Hold of Troubled Lender Republic First and Agree to Sell It to Fulton Bank
US regulators have taken hold of Republic First Bancorp and arranged to sell it to Fulton Bank.
HSBC Is Considering Selling Some Business Units in Germany to Focus on Asia as It Further Exits From Europe
HSBC is reportedly considering selling various business units in Germany...
Swiss Banking Giant UBS Intends to Broaden Business Footprint in the US
Swiss banking giant UBS intends to seek merger and acquisition opportunities in the United States in the years ahead...
Investors Led by Ex-Trump Official Invest $1 Billion to Troubled US Bank
Steven Mnuchin, the US Treasury Secretary under former president Donald Trump, has invested in a troubled regional US bank...
Warren Buffett-Backed Capital One to Buy Discover Financial in $35 Billion Deal
Warren Buffett-backed Capital One is set to acquire US credit card iss...
Citigroup to Close Down Global Distressed-Debt Business: Here's What to Know
Citigroup Inc. is reportedly closing its global distressed-debt group ...
Latest News
Atlantis, The Palm finalizes loan facility worth USD880 million
Several local and international banks come together to provide a loan facility worth USD880 million for Atlantis, The Palm.
HSBC facilitates first two way RMB transaction between Taiwan and China
As the fruition of months of planning and years of animosity, China and Taiwan formalizes the two way cross border transaction system for companies trading in the yuan.
Businessman says investors willing to help Banca Marche
Marche businessman Francesco Merloni said investors were willing to put capital in Banca Marche.
Africa's richest man to fund Nigeria's largest oil refinery plan with loan
Dangote Group president and Africa's richest man Aliko Dangote signed a loan worth USD3.3 billion with 12 local and international banks to fund a USD3 billion proposed oil refinery complex in Nigeria.
TruckPro acquires CCI Corp through CIT Bank financing
The CIT Group's subsidiary CIT Bank provided financing assistance for TruckPro in its acquisition of CCI Corp.
The EU setting up policies to curb 'shadow banking' practices
New policies are being instituted to make 'shadow banking' safer for market players, according to the European Union.
CoreDial gets USD 1.5 million loan from Silicon Valley Bank
CoreDial announced that it had received a USD 1.5 million senior debt facility from Silicon Valley Bank.
Deutsche Bank co-CEO said consolidation of industry 'inevitable'
Anshu Jain, co-CEO of Deutsche Bank, said the current climate would move banks to consolidate.
Raiffeisen Bank plans minority share buyout of Croatian unit
Raiffeisen Bank International said it would be buying out the minority stake in its Croatian business.
