Nine more banks on board for Barclays rights offering
Nine more banks were hired by Barclays to manage its rights offering next month worth GBP 5.8 billion or USD 8.9 billion.
Commercial banks
US Banks See Loan Demand Drop, Fed Survey Says
US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey.
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 Donal...
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...
Latest News
Private equity firms are Asia's new bankers
Data from Private Equity International and Thomson Reuters revealed that private equity companies are now Asia's new bankers.
Regulators close small Florida bank; 17th bank failure this year
The Florida Office of Financial Regulation closed down the First Community Bank of Southwest Florida in Fort Myers.
Senators ask energy regulators for details of JP Morgan settlement
Two Democratic senators asked FERC chairman Jon Wellinghoff on how the settlement with JPMorgan Ventures Energy Corp was reached.
Insurer Generali CEO wants to sell BSI but at the right price
Insurer Generali CEO Mario Greco said the company still wants to sell BSI but only if the price is right.
Global Analytics Holdings secures additional US$30 million
Global Analytics Holding announced that they have gathered an additional US$30 million in debt financing from Crystal Financial LLC.
Citi ventures into social enterprise with loan facility for Kickstart
Citi Commercial Bank along with City Microfinance shelled out US $2 million in financing in favor of social enterprise Kickstart International.
Odyssey Investment Partners gets loan from CIT Group to support Cross Country Pipeline Supply Co. buy
The CIT Group loaned from Odyssey Investment Partners an undisclosed amount to support the former's acquisition of Cross Country Pipeline Supply Co.
Analysis: Wall Street Refiners takes the spotlight as JPMorgan exits physical commodities
As JPMorgan Chase & Co. prepared its physical commodities trading exit, the "Wall Street Refiners" were set to be in the spotlight.
Indian realty developer and Standard Chartered seal joint venture
The Mahindra Lifespace Developers sealed a joint venture agreement with SCM Real Estate (Singapore) Pvt Ltd, Standard Chartered Bank’s investment unit, to develop residential projects in India.
