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Falling oil, gold push TSX slightly lower; Scotiabank hands in solid earnings
TORONTO - The Toronto stock market was little changed early Tuesday afternoon as Scotiabank handed in a better than expected earnings report andmore
Saehan Bancorp Announces Successful $60.6 Million Stock Sale Transaction
Safe Harbor This press release contains certain forward-looking information about Saehan Bancorp that is intended to be covered by the safe harbor for ?forward-looking statements? provided by the Private Securities Litigation Reform Act of 1995. Allmore
Debt Resolve Announces Signing of Top 5 Global Bank Client
(MARKETWIRE via COMTEX) ----Debt Resolve, Inc. (OTCBB: DRSV) (the "Company"), a leading provider of the proprietary DebtResolve(R) software to major banks and other businesses with large consumer debt portfolios, announced the acquisition of a major newmore
Getting focused, Getting ahead: Finance executives on managing leaner organizations equipped for growth--A report prepared in collaboration with American Express
The late-2000s recession is the deepest and most sustained economic crisis since the Great Depression. This research examines how finance executives at mid-size companies have weathered the downturn and explores their views on how they will manage themore
Debt Resolve Announces Signing of Top 5 Global Bank Client
(MARKETWIRE via COMTEX) ----Debt Resolve, Inc. (OTCBB: DRSV) (the "Company"), a leading provider of the proprietary DebtResolve(R) software to major banks and other businesses with large consumer debt portfolios, announced the acquisition of a major newmore
Saehan Bancorp Announces Successful $60.6 Million Stock Sale Transaction
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Saehan Bancorp Consummates $60.6 Mln Common Stock Sale Transaction - Quick Facts
(RTTNews) - Saehan Bancorp (SAEB.OB: News ) said that it consummated a privately negotiated $60.6 million common stock sale transaction to accredited investors. The company said substantially all of the proceeds from the transaction would be contributedmore
China Cracks Down On Non-Banks, In Latest Attempt To Cool The Real Estate Bubble
In what appears to be an effort to stem the rise of real estate prices in China, the China Banking Regulatory Commission said today that it would step up monitoring of non-bank financing. Here's the report from Xinhau , the official Chinese newsmore
Woes at family bank loom over Ill. Senate race
CHICAGO -- With the public still furious over bank bailouts, Democrats desperate to keep President Barack Obama's old Senate seat are scrambling to counter revelations that a bank owned by their candidate's family may be nearing collapse. Aleximore
U.S. Government May Unload 27% Stake In Citigroup (C)
Federal officials said previously that they plan to unload the government's 27% stake in Citi over the next year. However, according to the report, it may happen in the next three months. Both a spokesperson from Citigroup and the Treasury declined tomore
Fifth Third Bancorp to Present at the Citi 2010 Financial Services Conference
CINCINNATI, March 9 /PRNewswire-FirstCall/ -- (Nasdaq: FITB) will present at the Citi 2010 Financial Services Conference on Thursday, March 11, 2010 at approximately 8:45 AM (ET). Kevin T. Kabat, chairman, president and chief executive officer willmore
UPDATE 1-Citigroup shares surge 8 pct on Fairholme interview
* Fairholme's Berkowitz says Citi underpriced * Fox Business reports U.S. may sell all Citi shares soon (Adds possible government share sale, options; updates stock price) NEW YORK, March 9 (Reuters) - Citigroup Inc (C.N) stock surged as much as 8.4more
Comerica Prices $800 Million Common Stock Offering
DALLAS, March 9 /PRNewswire-FirstCall/ -- Comerica Incorporated today announced that it priced an $800 million offering of 22,857,143 shares of its common stock at $35.00 per share. The underwriters will have a 30-day option to purchase up to anmore
Citi shares rally on industry M&A speculation
Citigroup Inc. shares rallied 7% Tuesday, gaining amid speculation about renewed merger-and-acquisition activity in the U.S. banking industry and as investors reacted to a bullish research note on the bank. Barclays PLC is considering another majormore
Rate hike in the air, banks raise Rs 4k-cr CDs a day
MUMBAI: The money market is witnessing a flurry of activity with banks looking to raise funds ahead of the beginning of a new fiscal and in anticipation that RBI may raise interest rates anytime soon. Around Rs 4,000 crore of certificates of deposit (CD)more
In Sierra Leone, Ecobank Boss Assures Pro-Credit Bank Staff
Following its taking over of Procredit Bank, the Managing Director for Ecobank Sierra Leone, Mr. Clement Dodoo has assured former staff of Procredi Bank that they have no intention of relieving off duty any of them, but hasten to assure them that theymore
Citi leads among financial gainers; Comerica lower
Citigroup Inc. shares jumped Tuesday, gaining after a research firm called the company 'back from the brink and back in business.'In a report released late Monday, CreditSights also acknowledged: 'Citi is still a work in progress.' However, CreditSightsmore
Barclays Seeks U.S. Retail Bank Acquisition Target (BCS) - Zibb.c...
Company: Barclays Bank PLC (BCS) 3/9/2010-The Wall Street Journal reported Tuesday that British bank Barclays PLC (NYSE:BCS) is on the lookout for a major acquisition in the U.S., specifically a retail bank that would give it more deposits and extend themore
Barclays Capital Says New CRS-3 Unlikely to Sustainably Boost Cis...
3/9/2010-Barclays Capital said Tuesday that the launch of Cisco's (NASDAQ:CSCO) new CRS-3 router, which was announced earlier today, is unlikely to sustainably boost the company's 55% market share. Equity analyst Jeff Kvaal said, "Cisco today launched amore
Nasdaq hits new highs; banks rise to resistance
Following a respectable early-March rally, the U.S. markets have flatlined this week. Nonetheless, boring is constructive against the current backdrop, and the Nasdaq's slight break to new highs strengthens the bull case. The charts below add color tomore
Royal Bank Of Canada (RY) Keen To Buy U.S. Banks
The Royal Bank of Canada (USA) (NYSE: RY) is looking to acquire banks in the U.S with $10 billion, or more in assets as it looks to grow in the U.S market. However, Canada?s largest bank is in no hurry to pursue takeovers until the regulatorymore
Citigroup Offers $2 Billion in Trust Preferred Securities (C) - Z...
Company: Citigroup, Inc. (C) 3/9/2010-Shares of Citigroup (NYSE:C) are trading 6.7% higher to $3.80 Tuesday after the company announced it is offering around $2 billion in $25 par 30-year trust preferred securities, or TRUPs, as part of its agreementmore