Commercial banks

JPMorgan Chase Is Ready to Leave China if Ordered by US Government, Bank CEO Jamie Dimon Says

JPMorgan Chase CEO Jamie Dimon said Wednesday that the bank would leave China if directed by the US government.

Metro Bank Shareholders to Make Crucial Vote on Rescue Deal in Bid to Secure Bank's Future

Metro Bank shareholders are facing a pivotal decision as they vote on a rescue deal crucial to the bank's future...

Canada Dispenses Investment Structure; Opts Faster Economy Growth

Canada is trying to get their infrastructure as quickly as possible to spur growth...

Twitter Still to Decide October Self Selling, Maintains Silence over the Matter

Twitter has told potential acquirers it is seeking to conclude negotiations about selling itself by the time it reports third-quarter earnings on October 27, that is according to the people familiar w..

Latest News

India denies Reserve Bank of India's request for exemption from Competition Act
A request by the central bank of India to be given exemption from the provisions in Section 54 of the Competition Act, which seeks to regulate bank mergers within a certain period, India's Ministry of
OneWest Bank intends to pay USD 1 billion dividend to investors ahead of IPO- sources
OneWest Bank is planning a dividend payout of USD 1 billion to its investors before it holds an initial public offering next year, according to sources who have knowledge of the matter.
Prisa close to reaching EUR 3 billion refinancing agreement with creditors
Spain's largest media firm Promotora de Informaciones or Prisa was close to reaching a refinancing agreement with its creditors for its EUR more than 3 billion debt, sources told Bloomberg.
ECB reduces amount of banks' crisis loan payments but urges them to pay next week
The European Central Bank's attempt to reduce the excess liquidity levels of banks in the financial system had prompted the central bank to call on banks it had loaned to repay its debts at a reduced
The Philippines' largest lender BDO Unibank Inc said on Thursday it had signed a definitive agreement for the acquisition of Citibank's thrift bank unit in the country.
Top deals of the day - Mergers & Acquisitions
The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.
Private equity firm, bank surpasses Hong Kong government in Philippine aid
An article pointed out how the donation of the state of Hong Kong paled in comparison to donations and efforts by HSBC Group and KGLI Asia.
OAO Sberbank undergoes structural changes to improve
OAO Sberbank, under the leadership of CEO Herman Gref, had undergone layoffs as well as transitions to become one of the top banks in Europe, with interests in Eastern Europe and Turkey.
Contingent Network Services, a global technology services company, today announced the acquisition of Tampa-based IVANS Network Services, a non-healthcare business unit of Minneapolis-based ABILITY Ne
Huishang Bank Corp makes dull Hong Kong debut
A Reuters report said Huishang Bank Corp made a dull debut in Hong Kong which revealed lackluster investor appetite for China's banking sector even as more IPOs were planned by Chinese lenders.
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