1st Coml Bk

Type: Company
Name: 1st Coml Bk
Nationality: United States
First reported Apr 13 2014 - Updated Apr 13 2014 - 1 reports

EDITORIAL: Banking consolidation revived

Last week, China Development Financial Holding Corp and Cosmos Bank received approval at their shareholder meetings for their planned merger, paving the way for the first commercial bank merger in this nation in the past six years.The deal is likely to ... [Published Taipei Times Online - Apr 13 2014]
First reported Apr 11 2014 - Updated Apr 11 2014 - 1 reports

OBUs may purchase funds denominated in local currency

The Financial Supervisory Commission announced on Thursday that domestic financial insitutions’ offshore banking units (OBU) may buy funds denominated in the local currency to help expand local fund houses’ sales channels.OBUs used to be restricted to ... [Published Taipei Times Online - Apr 11 2014]
First reported Apr 08 2014 - Updated Apr 08 2014 - 1 reports

Maylene mom indicted for reckless murder of infant son

SHELBY COUNTY, AL (WBRC) -A Maylene mother arrested after her infant son's body was found inside her burning car has been indicted for reckless murder. Authorities found near the First Commercial Bank in Alabaster just after midnight on Friday, Feb. 28. ... [Published MyFox Birmingham - Apr 08 2014]
First reported Apr 07 2014 - Updated Apr 07 2014 - 1 reports

Minsheng leasing unit out with $100m loan

Launched at the end of March, the loan is priced at 275bp over dollar Libor, according to a banker.There are two participation levels available to lenders. MLAs committing $20m or more earn 90bp in fees for an all-in of 320bp, while lead arrangers committing ... [Published GlobalCapital - Apr 07 2014]
First reported Apr 03 2014 - Updated Apr 03 2014 - 1 reports

Astra Sedaya doubles to $670m, allocates

All 11 mandated lead arrangers and bookrunners — Bank of Tokyo Mitsubishi-UFJ, Citi, CTBC Financial Holding, CIMB, DBS, Korea Development Bank, Maybank, Mizuho Bank, Royal Bank of Scotland, Sumitomo Mitsui Banking Corp and United Overseas Bank — have ... [Published GlobalCapital - Apr 03 2014]
First reported Apr 01 2014 - Updated Apr 01 2014 - 1 reports

Turkey's Tiryaki signs oversubscribed loan amid elections

The three year deal was launched at $200m and increased by $50m after lender commitments oversubscribed the loan.ABN Amro was coordinator, active bookrunner and mandated lead arranger. Before the deal was launched into syndication, ABN Amro was joined ... [Published GlobalCapital - Apr 01 2014]
First reported Mar 31 2014 - Updated Mar 31 2014 - 1 reports

Trafigura seals huge financing

Commodity trader Trafigura has sealed US$4.735bn in revolving credit facilities from 51 banks.The trading giant initially launched the facility at US$4bn in January but closed “substantially oversubscribed”.There are two RCFs: a US$1.412bn, 364-day facility ... [Published Global Trade Review - Mar 31 2014]
First reported Mar 24 2014 - Updated Mar 24 2014 - 1 reports

Wistron connects $850m loan with market

The bank has priced the transaction at 96bp over dollar Libor, with no specific levels available in syndication as the company is keeping it limited to just a few lenders.Wistron is guaranteeing the loan with accounts receivable of Lenovo Group — one ... [Published GlobalCapital - Mar 24 2014]
First reported Mar 22 2014 - Updated Mar 22 2014 - 1 reports

Private sector model most flexible for creation of Taiwan regional bank

Mega Financial Holding Company offices. (Photo/Hung Hsi-lung)Taiwan's financial authorities have said they will push for financial consolidation in a bid to build up a regional bank, a Taiwanese version of Singapore's DBS Bank. While top officials are ... [Published Want China Times - Mar 22 2014]
First reported Mar 20 2014 - Updated Mar 20 2014 - 2 reports

Service trade pact to aid expansion abroad: finance sector

The China Post news staffTAIPEI, Taiwan -- As political standoff over the service trade pact escalates, financial industry leaders collectively expressed support for the pact while saying the business accord will lend support to securities and banking ... [Published China Post - Mar 20 2014]
First reported Mar 17 2014 - Updated Mar 18 2014 - 2 reports

Surveillance photo of robbers released

A still photo from the First Commercial Bank of Essex reveals an image of two men at the front door to the bank. The two are the wanted suspects for the St. Patrick's Day robbery of the bank that took place at 11:25 a.m. Monday.Anyone with information ... [Published Dexter Daily Statesman - Mar 18 2014]
First reported Mar 17 2014 - Updated Mar 18 2014 - 2 reports

Police search for suspects following Essex bank robbery

ESSEX, Mo. -- Police are looking for two suspects following the robbery Monday morning of the First Commercial Bank branch at Essex, Mo.According to Stoddard County Sheriff Carl Hefner, two subjects described only as black males, entered the bank late ... [Published Dexter Daily Statesman - Mar 17 2014]

Quotes

"Employing these two positions are milestones of great significance for the board," Segroves said. "We look forward to working with the AASB and leveraging their experience and their expertise to ensure we hire a superintendent that shares in our vision of excellence and a chief school finance officer who can support the board and support the system and be an effective and efficient steward of the public's money entrusted to us."
"Terms aren't changing for loans that are already out there" said a senior loans banker
"After all, what they need on the mainland is Rmb, not US dollars" the banker said
"I am not optimistic that the political standoff will be resolved any time soon" Chen added

More Content

All (41) | News (41) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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COOLPAD : Inside information and disclosure pur... [Published 4 Traders - Apr 16 2014]
EDITORIAL: Banking consolidation revived [Published Taipei Times Online - Apr 13 2014]
OBUs may purchase funds denominated in local cu... [Published Taipei Times Online - Apr 11 2014]
Game over: Macau Legend closes HK$4bn financing [Published GlobalCapital - Apr 10 2014]
BoCom, Minsheng leasing units out for dollar loans [Published GlobalCapital - Apr 10 2014]
First, Chang Hwa good fit for Mega Financial: r... [Published Taipei Times Online - Apr 09 2014]
Gardendale school board holds first official me... [Published North Jefferson News - Apr 09 2014]
Game over: Macau Legend closes HK$4bn loan [Published GlobalCapital - Apr 09 2014]
Maylene mom indicted for reckless murder of inf... [Published MyFox Birmingham - Apr 08 2014]
Gardendale BOE names officers and hires AASB fo... [Published al.com - Apr 08 2014]
Minsheng leasing unit out with $100m loan [Published GlobalCapital - Apr 07 2014]
Emerging market syndicated loans-news in brief,... [Published GlobalCapital - Apr 03 2014]
Loan Week, March 28 - April 3 [Published Finance Asia - Apr 03 2014]
Astra Sedaya doubles to $670m, allocates [Published GlobalCapital - Apr 03 2014]
Astra Sedaya doubles to $670m with allocations ... [Published GlobalCapital - Apr 02 2014]
Turkey's Tiryaki signs oversubscribed loan amid... [Published GlobalCapital - Apr 01 2014]
Trafigura seals huge financing [Published Global Trade Review - Mar 31 2014]
Wistron Corp reassures on new $850m fundraising... [Published GlobalCapital - Mar 27 2014]
Signed and sealed: CT Corp closes $1.275bn [Published GlobalCapital - Mar 26 2014]
Wistron connects $850m loan with market [Published GlobalCapital - Mar 24 2014]
Private sector model most flexible for creation... [Published Want China Times - Mar 22 2014]
NT$1.63m a year earned by each bank employee [Published Taipei Times Online - Mar 21 2014]
Expectations of weaker yuan make Dim Sum loans ... [Published Reuters - Mar 21 2014]
Service trade pact to aid expansion abroad: fin... [Published China Post - Mar 20 2014]
Financials extend losses on uncertainty over Ch... [Published Focus Taiwan - Mar 20 2014]
Surveillance photo of robbers released [Published Dexter Daily Statesman - Mar 18 2014]
Authorities look for bank robbery suspects in E... [Published Kait 8 - Mar 18 2014]
Police search for suspects following Essex bank... [Published Dexter Daily Statesman - Mar 17 2014]
Bank robbers sought [Published Sikeston Standard Democrat - Mar 17 2014]
Teller injured in bank heist; suspect sought [Published South East Missourian - Mar 17 2014]
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