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

Swiss banks' privacy under pressure from US and Europe
Banks from Switzerland are being pressured by European and United States governments to release private information.
Poloz: Bank of Canada in Uncharted Territory
Stephen Poloz, new central bank chief for Bank of Canada said on Wednesday that the bank can no longer rely on its usual models to assess the economy.
Eur60 Billion Euro Zone Bailout Fund to Save Banks
Finance ministers in the Euro zone agreed to systematically rescue important banks with a Eur60 billion bailout fund.
Al Baraka Bank to issue sukuk denominated bond
Al Baraka Bank of Bahrain to issue US$200 million sukuk bond.
Regulatory Probe Ends Ebix, Goldman Affiliate Merger
A planned merger between Ebix and an affiliate of Goldman Sachs was cancelled after investigation by US regulators.
Deals of the Day - Mergers and Acquisitions
The following bids, mergers, acquisitions and disposals were reported on Tuesday
Freddie Mac Sells Off Bills At Higher Than Market Rates
Freddie Mac announced a higher than market average value for its three month and six month bonds totalling US$3 billion.
Morocco's Attijariwafa Bank to Issue Bond Float
The Moroccan institution Attijariwafa Bank is set to raise US$500 million through a foreign bond float.
BNDES to Fund Ethiopian Railway Connection to South Sudan
The Brazilian National Bank would be funding the railroad connection between Ethiopia and South Sudan.
Ibercaja to acquire Caja 3
Ibercaja has finalized an agreement to purchase Caja 3.
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