Small Banks Cheer As US Authorities Tough Rules for Wall Street
Small banks cheered as US authorities drafts tough rules for Wall Street.
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
Money Influx Hurts China Rates
Money influx hurt China money market rates.
Maybank invests in SEA tech industry
Maybank invested on technology firms across four Southeast Asian countries to help its business processes.
Financial Conduct Authority Orders Trading Bans on Certain Shares
The FCA orders trading bans on three Portuguese firms due to market volatility.
Bank of Marin Announces Agreement to Purchase NorCal Community Bancorp, Bank of Alameda
Today, Bank of Marin Bancorp announced that it has agreed to purchase NorCal Community Bancorp and its subsidiary Bank of Alameda.
First PacTrust Bancorp Completes Deal for The Private Bank of California
First PacTrust Bancorp Inc announced completed acquisition deal for The Private Bank of California.
Switzerland Hurt as Private Banks Leave Due to Rising Compliance Versus Secrecy
Banks leaving Switzerland due to the loss of secrecy in the banking transactions.
IPO for Associated Materials Underway
The IPO of Associated Materials is well on its way as it chose the banks to manage the sale.
Bond investments experience capital flight
Many investors are divesting their bond holdings because of current economic conditions.
Energy Futures Seeks Suit's Dismissal
Energy Futures is seeking court intervention to dismiss the suit filed by Aurelius against the firm.
