02/17/2012
Ex-Merrill broker boss slams bank on client focus
When LaMothe abruptly left one of the highest-profile jobs on Wall Street last May, he cited personal reasons.
02/17/2012
Moody’s may downgrade global banks including RBC
Moody’s said the challenges range from more fragile funding conditions and wider credit spreads, to increased regulatory burdens.
02/16/2012
Capital One-ING deal gets U.S. approval
All five Fed governors voted in favor of the deal, the Fed said on Tuesday.
02/16/2012
Asset management M&A edged up in 2011-report
The level of mergers-and-acquisitions activity in 2012 is likely to be little changed from last year as financial and political uncertainties persist, the report said.
02/08/2012
Bank Of America VP Killed In Skiing Crash
A Boston Bank of America vice president was killed Saturday when he crashed into a tree while skiing at the Sugarbush resort in Vermont, according to the Burlington Free Press.
02/06/2012
"We are ready to start talks with any banks," Yun added, declining to give further details.
02/01/2012
Bank of America, Chase and Citi Bank rank in the Top 10 Banking brands globally.
01/31/2012
Encore Bancshares, Inc today reported fourth quarter 2011 net earnings of $2.1 million, or $0.17 per diluted common share and full-year net earnings of $7.2 million or $0.11 per diluted common share after deducting preferred dividends for each period.
01/31/2012
In 2009, Financial News gave the mid-market investment bank Jefferies Group the epithet of “the bank that keep on hiring”.
01/30/2012
Assets Under Management Ended 2011 at $489.5 Billion
01/30/2012
Scotiabank is one of the world's top 100 brands and one of the top 20 global financial services brands, according to the BrandZ Top 100 Most Valuable Global Brands 2011 report.
01/25/2012
Signature Bank reports robust results
Net Income for the 2011 Fourth Quarter Reached a Record $40.0 Million, or $0.85 Diluted Earnings Per Share, An Increase of $9.6 Million, or 31.8 Percent, from $30.3 Million, or $0.72 Diluted Earnings Per Share Reported in the 2010 Fourth Quarter.
01/24/2012
Investors should bet the 10-year note future drops to 126 and exit the trade if the price increases to 132, Francesco Garzarelli, co-head of fixed-income strategy in London, wrote in an e-mailed message today. T
01/20/2012
State Street is one of the country’s largest trust banks, acting as a custodian for investment firms’ securities and handling other back-office duties. The Boston bank has benefited from strong deposit growth, but like other lenders has had le
01/20/2012
Bankers Upbeat On Private Equity For 2012
Thanks in part to new capital gains taxes and the sunset of the tax cuts enacted by former President George W. Bush in 2001 as well as the need among private equity investors to begin investing again after sitting out on deals in the wake of the global fi
01/20/2012
Charles Schwab Corp.'s fourth-quarter profit climbed 37% from a year ago period dented by legal settlements, as the discount brokerage's trading revenue was bolstered by its summer acquisition of optionsXpress.
01/19/2012
Citi's rivals JPMorgan Chase and Bank of America have Europe problems, too, but they also have U.S. branch networks about five times the size of Citi's. And bank business in the U.S., like the economy, is improving.
01/19/2012
PricewaterhouseCoopers Regains Leadership Position In 2011
01/19/2012
For over a decade, DALBAR has conducted rigorous testing of service delivery and identified the firms that were found to lead their peers in client service after a full year of testing.
01/18/2012
First Republic Bank reports record net income
Book Value Per Share Increases 17% in 2011