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...


Latest News

UAB sponsors FC Barcelona
United Arab Bank recently formalized a sponsorship agreement with FC Barcelona.
IberiaBank expands with new branches
IberiaBank Corporation finalized the agreement that assumed the assets of Trust One Bank.
Atlantis, The Palm finalizes loan facility worth USD880 million
Several local and international banks come together to provide a loan facility worth USD880 million for Atlantis, The Palm.
HSBC facilitates first two way RMB transaction between Taiwan and China
As the fruition of months of planning and years of animosity, China and Taiwan formalizes the two way cross border transaction system for companies trading in the yuan.
Businessman says investors willing to help Banca Marche
Marche businessman Francesco Merloni said investors were willing to put capital in Banca Marche.
Africa's richest man to fund Nigeria's largest oil refinery plan with loan
Dangote Group president and Africa's richest man Aliko Dangote signed a loan worth USD3.3 billion with 12 local and international banks to fund a USD3 billion proposed oil refinery complex in Nigeria.
TruckPro acquires CCI Corp through CIT Bank financing
The CIT Group's subsidiary CIT Bank provided financing assistance for TruckPro in its acquisition of CCI Corp.
The EU setting up policies to curb 'shadow banking' practices
New policies are being instituted to make 'shadow banking' safer for market players, according to the European Union.
CoreDial gets USD 1.5 million loan from Silicon Valley Bank
CoreDial announced that it had received a USD 1.5 million senior debt facility from Silicon Valley Bank.
Deutsche Bank co-CEO said consolidation of industry 'inevitable'
Anshu Jain, co-CEO of Deutsche Bank, said the current climate would move banks to consolidate.
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