Bidders for EVO Banco identified by news report
The leading firms in the bidding consortiums for EVO Banco have been reported by the Financial Times.
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
US regulators press JPMorgan Chase & Co for at least USD 6 billion to settle lawsuits- source
A source told Reuters that the FHFA would settle the lawsuit it filed against JPMorgan Chase & Co on subprime mortgages for at least USD 6 billion.
RHJ says German regulator to give decision on BHF purchase by end of September
RHJ International had said that Germany's banking regulator would probably give its decision on its planned acquisition of BHF-Bank by September's end.
Sources reveal SocGen plan to launch USD 300 million Islamic bond program in Malaysia
Sources revealed that France-based Societe Generale would be issuing a USD 300 million Islamic bond program in Malaysia.
Wells Fargo plans Asia expansion of fund services customers
Wells Fargo said it had intended to expand its fund services clients in the Asian region by as much as 20% a year.
Feds seize another USD2.1 million from Mt. Gox
Mt. Gox's financial worries further increased after the US Department of Homeland Security took USD2.9 million from its Dwolla account and another USD2.1 million worth of frozen assets from the compan
JPMorgan worth more if broken up: analyst
An analyst said that if JPMorgan Chase & Co would have broken up into its four core businesses, it would be 30% more valuable to its shareholders.
China Merchants Bank to raise USD5.68 billion
Merchants Bank Co. planned to raise CNY34.8 billion to bolster its capital and speed up growth as competition with smaller bank rivals in China intensified.
Ten more Slovenian banks subject to state bank stress tests
Ten more Slovenian banks would undergo external stress tests commissioned by the Slovenian central bank.
China poll sees local debt as future problem
Recent survey results conducted by Chinese economists feared that the local government loans will amount to future problems for the state.
