Merchant banks

US Regulators Considering Slashing Proposed Capital Hike for Big Banks: Report

The Federal Reserve and two other US regulators are reportedly considering a new plan to reduce a nearly 20% mandated increase in capital for the country's largest 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...

Australia's Macquarie Bank Terminating Cash Transactions in All Branches as It Shifts to Fully Digital Banking Services

Australia's Macquarie Bank will eliminate the use of cash at its branches later this month as part of its transition to a fully digital offering...

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

Basel IV requirements would need another GBP50 billion for compliance
UK banks would need another GBP50 billion on top of GBP13.7 billion to comply with both Basel III and Basel IV.
Pundits, analysts see US Crop Insurance program a money-laundering scheme
Analysts and pundits alike saw that private insurers who received state aid are reaping more benefits than they should.
Barclays reveals it will spend GBP 1.4 billion in consumer bank overhaul
Barclays said would spend GBP 1.4 billion to revamp its consumer banking unit.
Scandinavian banks have been called out by S&P analysts
Standard and Poor's analysts have criticized the practice of Scandinavian banks.
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.
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.
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.
Termsheet reveals Bank of America sells USD 1.5 billion stake in China Construction Bank Corp
A term sheet seen by Reuters revealed that Bank of America Corp would exit from China Construction Bank Corp by selling shares worth USD 1.5 billion.
Al Baraka plans Islamic bond issuance of over USD 200 million
Al Baraka Turk bared its plans to issue more than USD 200 million in Islamic bonds late this year or early next year.
Real Time Analytics