Banking & Financial Services

First reported 17 hours ago - Updated 1 hour ago - 6 reports

Umpqua, Sterling Financial Complete Merger

Umpqua Holdings Corp. (UMPQ: Quote) and Sterling Financial Corp. announced the completion of their merger. The combined company will operate as Umpqua Holdings Corporation and conduct banking operations under the Umpqua Bank name and brand.Umpqua now ... [Published - 1 hour ago]
First reported Apr 18 2014 - Updated 1 hour ago - 7 reports

Utah Plane In Iran Raises Conspiracy Theories Related To Bank

A Utah plane in Iran has some raising conspiracy theories in regards to why a jet owned by the Bank of Utah would be parked at the Mehrabad Airport in Tehran, the capital of the Islamic Republic of Iran.In a related report by The Inquisitr , Iranian clerics ... [Published Inquisitr - 1 hour ago]
Entities: Iran, Conspiracy, Bank
First reported 23 hours ago - Updated 3 hours ago - 11 reports

Majority of VC Money Invested in D.C. Region in Q1 Went to Software Firms

Software firms hit it big with venture capitalists to start off 2014.New data from The MoneyTree Report shows that VC firms poured $133 million of a total $217.5 million invested in Q1 in the Washington, D.C., metropolitan region into software companies. ... [Published Citybizlist - 3 hours ago]
First reported 13 hours ago - Updated 7 hours ago - 3 reports

Bank Earnings: Goldman Sachs Vs. Morgan Stanley

The interesting thing to me in the earnings reports of these two major firms is the stress each management gave to different financial measures.Goldman Sachs Group Inc. (GS) stressed its return on equity, which came in at 10.9 percent.Morgan Stanley (MS) ... [Published Citybizlist - 9 hours ago]
First reported 17 hours ago - Updated 9 hours ago - 5 reports

Wells Fargo cuts 37 mortgage jobs in Fort Mill

Wells Fargo said it has given layoff notices to 37 employees in Fort Mill, the latest round of job cuts to hit the Charlotte area’s mortgage industry. The layoffs are among 323 cuts nationwide the lender announced Wednesday, as it continues to reduce ... [Published Charlotte Observer - 9 hours ago]
First reported Apr 17 2014 - Updated 11 hours ago - 8 reports

Google Given Overweight Rating at JPMorgan Chase & Co. (GOOGL)

Tweet[embedded content]JPMorgan Chase & Co. reaffirmed their overweight rating on shares of Google (NASDAQ:GOOGL) in a report released on Thursday, American Banking and Market News reports. JPMorgan Chase & Co. currently has a $645.00 price objective ... [Published Zolmax News - 13 hours ago]
First reported Apr 17 2014 - Updated 12 hours ago - 4 reports

U.S. Bancorp Asset Management, Inc. Announces May Distributions for Closed-End Funds

MINNEAPOLIS--(BUSINESS WIRE)-- The closed-end funds listed below, which are advised by U.S. Bancorp Asset Management, Inc. (NYSE:USB), today declared their May distributions. The distributions will be allocated on a per-share basis on the common stock. ... [Published Investor's Business Daily - 12 hours ago]
First reported Apr 17 2014 - Updated 14 hours ago - 11 reports

AstraZeneca plc Given “Underweight” Rating at JPMorgan Chase & Co. (AZN)

Tweet[embedded content]JPMorgan Chase & Co. reiterated their underweight rating on shares of AstraZeneca plc (LON:AZN) in a research report sent to investors on Thursday morning, AnalystRatings.Net reports.JPMorgan Chase & Co. has also modified their ... [Published Mideast Time - 14 hours ago]
First reported Apr 17 2014 - Updated 18 hours ago - 67 reports

Goldman and Morgan Stanley's Impressive Earnings, Chipotle's Weird-Tasting One, and GE Misses NBC

Because the stock market is closed for Good Friday, we've already started stuffing our faces with marshmallow Peeps. Wall Street continued its sugar rush to end the holiday-shortened week, as the S&P 500 rose for the fourth straight day, and the Dow  ... [Published Motley Fool Discussion Boards - 18 hours ago]
First reported Apr 17 2014 - Updated Apr 17 2014 - 21 reports

BARCLAYS : Banking: Thousands more jobs may go at Barclays

Barclays could axe thousands more jobs, mainly at its investment banking arm, under a strategic review which will report next month.Chief executive Antony Jenkins wrote to all group staff yesterday as the bank announced that the review would be published ... [Published 4 Traders - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 20 reports

Post to Buy Michael Foods for $2.45B

Post Holdings ( POST ) said Thursday it agreed to buy eggs and dairy producer Michael Foods for $2.45 billion, as the cereal maker looks to expand its breakfast portfolio.Michael Foods, which is being sold by private equity owners that include Thomas ... [Published - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 39 reports

Weibo IPO ‘raises $286 mil.’ in U.S.

Bloomberg NEW YORK (Bloomberg)—Weibo Corp., the Chinese microblogging service owned by Sina Corp. and Alibaba Group Holdings Ltd., raised $285.6 million its U.S. initial public offering after pricing the shares at the low end of a marketed range, people ... [Published The Japan News - Apr 17 2014]


Recently, in reviewing the largest domestically chartered banks in the United States, I wrote , referring to the banking week ending April 2, 2014, "As far as the largest domestically chartered banks, their business lending actually declined modestly over the last four-week period, although these loans rose by over $26.0 billion in the last quarter."
...MTNL has been directed to launch SDCN in the next two months, something that the telecom company feels is a major challenge. "Network testing by C-DoT on security issues like encryption levels, intrusion safeguards, and operator passwords are still pending and the power systems also remain unstable" an MTNL official was quoted by ET
On Thursday, April 17, 2014, the finance minister announced new taxes, following the banks' model, with a "levy on the use of ATMs/ABMs, electronic banking, points of sale, cheques and Internet transfers, which will reap (RAPE) $2.5 billion in revenues"
..."Right now, only one dealer is doing this, so it's an artificial market," said a trader at a U S house. "Until we get any dealer consensus on the shape and form, I don't think you're going to see any liquidity."

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The Gold Sell off Can Go as Far as $800 Per Oun... [Published SBWire - 4 mins ago]
Quick Loan Today Helps Clients Get Access To Pa... [Published Scoop Asia - 6 mins ago]
China announces preliminary IPO list [Published Shanghai Daily - 9 mins ago]
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SPE Federal Credit Union ready to shred [Published Centre Daily Times - 15 mins ago]
Strong Commercial Loan Growth At Major Regional... [Published Seeking Alpha - 20 mins ago]
Northern Credit Union to open LeRay branch May 27 [Published Watertown Daily Times - 21 mins ago]
Bank Street residents get answers, but little r... [Published The Daily News Online - 22 mins ago]
Venture capitalists' road trip seeks student en... [Published Detroit Free Press - 22 mins ago]
Fed agents raid Scottsdale luxury business, 3 a... [Published FOX 10 Phoenix - 23 mins ago]
Wipro looking for large acquisition [Published India Infoline - 23 mins ago]
Taiwan Life agrees to extend deadline of buyout... [Published Focus Taiwan - 28 mins ago]
Street Talk: Remember that merger between Merca... [Published Grand Rapids Business Journal - 32 mins ago]
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Enterprise Risk Management & Governance Advisor... [Published Research and Markets - 45 mins ago]
Bank accepting core values nominees [Published Southern Illinoisan - 45 mins ago]
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Bank staff failure on savings advice [Published Crossgates Today - 48 mins ago]
Polish religious icon coming  to Merrillville [Published Post-Tribune - 49 mins ago]
Bank fee probe hoax [Published Jamaica Gleaner - 49 mins ago]
Wonderla raises Rs 27 cr from anchor investors ... [Published The Freepress Journal - 56 mins ago]
Obesity biotech Zafgen files for a $86 million IPO [Published Nasdaq - 59 mins ago]
Chinese mobile gaming company Chukong Technolog... [Published Nasdaq - 59 mins ago]
Lehman Says PCDS Reaches USD5 Billion [Published GlobalCapital - 1 hour ago]
Goldman Sachs profit falls 10% [Published Focus Bulgaria - 1 hour ago]
Scanmed Multimedis acquires Webolit - Polska [Published Reuters - 1 hour ago]
Gold futures expected to trade lower next week [Published Malay Mail - 1 hour ago]
PNB sells its stake in India Factoring for Rs 1... [Published Business Today India - 1 hour ago]
It’s time to put an end to these raids on banks [Published Tanzania Citizen - 1 hour ago]
1 2 3 4 5 6 7 8 9 10 ...
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What does national security have to do with the... [Published Engadget - Jan 30 2014]
Lenovo's planned acquisition of Motorola's mobile phone business will likely be reviewed by the Committee on Foreign Investment in the US (CFIUS), the government agency that makes sure foreign investments don't impact national security. Though the deal ...
Citigroup Will Replace Affected Debit Cards Fro... [Published Wall St. Cheat Sheet - Jan 16 2014]
Reuters  reported Thursday that  Citigroup   ( NYSE:C ) has confirmed that it will replace all customer debit cards involved in the data breach suffered by  Target Corp. ( NYSE:TGT )   this past November and December. Citi spokesperson Elizabeth Fogarty ...
Google Acquires Nest Labs For $3.2 Billion in C... [Published Search Engine Journal - Jan 14 2014]
Google made its second largest acquisition in company history today with the purchase of Nest Labs, makers of smart thermostats and smart smoke alarms, for $3.2 billion in cast. Once the deal closes, it has been reported that Nest will continue to operate ...
Pinterest Acquires VisualGraph, Looks To Improv... [Published Search Engine Journal - Jan 07 2014]
In an effort to make much needed upgrades to its visual search capabilities, Pinterest recently acquired two-man startup VisualGraph. Founder Kevin Jing previously worked on Google’s visual search features before partnering with David Liu and starting ...
Anonymous hackers plead guilty in PayPal hack, ... [Published SlashGear - Dec 07 2013]
The Department of Justice announced today that thirteen members of the hacker collective Anonymous have pled guilty to involvement in a PayPal cyberattack. The cyberattack took place back in 2010, and happened in the form of a Distributed Denial of Service ...
1 2

Press Releases

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Lockton Expands Environmental Risk Management E... [Published PR Newswire - Feb 03 2014]
McGraw-Hill Education Agrees to Acquire Engrade... [Published PR Newswire - Feb 03 2014]
Endo Completes Acquisition of Specialty Generic... [Published PR Newswire - Feb 03 2014]
United Community Bancorp Announces Stock Repurc... [Published PR Newswire - Feb 03 2014]
Bristow Group To Present At The 2014 Credit Sui... [Published PR Newswire - Jan 31 2014]
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