Chile's BCI would ask its shareholders to approve its USD 400 million capital hike to partly fund its acquisition of City National Bank.
Chief Executive Officer of Commerzbank Martin Blessing said he is staying at the helm until the bank is successfully reorganized.
Nine more banks were hired by Barclays to manage its rights offering next month worth GBP 5.8 billion or USD 8.9 billion.
Milestone Aviation secures a US $300 million loan facility from Lloyds, Barclays and Lombard.
President Barack Obama remains undecided on Federal Reserve chairman pick and will most likely extend consideration of the matter until the fall.
Regions Bank was “attacked” Friday and it is not clear who will pay the losses.
England & Company has just hired Corey Luskin as Managing Director for its Technology Investment Banking Group.
Investors were flocking to several states to buy a house at a lower price albeit in cold cash.
PacWest Bancorp said that they will acquire CapitalSource Inc for US$2.29 billion in cash and stock options.
Julius Baer's profit fall 30% due to tax charges and a merger.
Financial firms' physical commodity trading may come to an halt as the Fed reconsiders its policy on this.
Sheik Mansour's stake in Barclays was sold last month.
China's central bank announced interest rate reform.
Recent Ukrainian court practice was deemed to affect commercial transactions.
PacTrust Bancorp's merger is “unique to Southern California,” according to Robert Franko, PacTrust Bank President and CEO.