Commercial banks

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 issuer Discover Financial Services in an all-stock deal valued at $35.3 billion...


Latest News

Lloyds Banking Group conducts internal inquiry
An internal inquiry is to be conducted by Lloyds Banking Group as to its foreign currency trading operations after being advised by the Financial Conduct Authority to review its processes and report i
Deutsche Bank AG set to face administrative probe for actions on Kirch companies
The companies comprising the Kirch conglomerate testified the bank had assisted in the demise of the firm.
MHT and MidSpan Banks form MHT MidSpan Bank
The two banks for middle market advisory services have merged to provide a wider range of portfolio services to its clientele.
UAE banking rules criticized, government revision soon to come out
With vigorous criticism of the rules on banking exposure related to government related debt, the UAE central bank was forced to review the rules and study on how to lessen its harsh effects.
Norway's financial regulator requires 'too big to fail' tag on eight banks
Eight banks were identified as 'too big to fail' by the Norwegian financial regulatory authority.
UBS AG and Credit Suisse Group AG may need to downsize with higher ratios
With Switzerland requiring higher capital ratios, banks may be hard pressed to continue with their normal operations according to JPMorgan Chase analysts.
Westpac works for another banner year in 2014
Westpac CEO Gail Kelly reports a good 2013 and expects a better year for 2014.
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Friday
US Fed Reserve require stress tests on banks
Several banks required to undergo Fed Reserve stress tests to determine capacity of capital cushions on hypothetical adverse conditions.
Fairfax having difficulty in funding for Blackberry offer - sources
Fairfax Financial Holdings Ltd had until November 4 to negotiate a definitive agreement to buy out Blackberry Ltd.
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