Capitol Bancorp inks deal to sell stock of consolidated entities to Talmer Bancorp
Capitol Bancorp has signed an agreement with Talmer Bancorp for the sale of the common stock of Capitol's consolidated entities.
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...
Citigroup to Close Down Global Distressed-Debt Business: Here's What to Know
Citigroup Inc. is reportedly closing its global distressed-debt group ...
Citigroup's Plan to Set up Securities Business in China Faces Delay
Citigroup Inc. is reportedly facing delays in its plans to establish a...
Latest News
Danske Bank fires Head of Treasury Steen Blaafalk
Danske Bank dismissed its Head of Treasury Steen Blaafalk.
Citizens worth more if sold- banker
The American retail banking unit of the Royal Bank of Scotland would be worth more if sold, according to a Wall Street banker.
Credit Suisse finds no evidence of forex market rigging
In a statement, Credit Suisse said it found no evidence of foreign market manipulation.
Unicredit to re-list HVB shares in the bourse
After delisting the HVB shares in 2008, Unicredit is relisting its German units shareholders.
Japan studies private sector management of foreign exchange funds
Japan, stretched to the limit because of the increase in foreign exchange funds, is studying to have the private sector manage the funds.
Too big to fail is not a reason anymore
Banking regulators now are empowered to confiscate and break up a financial institution if bankruptcy would only hurt the economy.
CEOs call debt default 'utterly catastrophic'
Deutsche Bank co-CEO Anshu Jain and JP Morgan CEO Jamie Dimon join chorus on US government breaking gridlock on budget and debt ceiling.
Alleged Libor manipulation further eroding trust: Jain
Co-CEO Anshu Jain of Deutsche Bank said investigations of wrongdoing further eroding public trust in financial markets.
Tokyo Electric receives reprieve from debt through roll overs
Tokyo Electric's debtors allow debt roll over for the stricken power utility firm.
