01/18/2012
Members of the company’s operating committee, led by Chief Executive Officer James Gorman, 53, won’t get any immediate cash, said the person, who declined to be identified because the plan hasn’t been made public. Mark Lake, a spokesman
01/18/2012
Citigroup 2011 full year net income was $11.3 billion on revenues of $78.4 billion, compared to net income of $10.6 billion on revenues of $86.6 billion for the full year 2010.
01/17/2012
Top lender gets five weeks to find RBS buyers before bankers depart
RBS, the U.K.’s largest state-owned lender, last week said it will sell or close its unprofitable cash equities, mergers advisory and equity capital markets units.
01/17/2012
Corporate class funds are tax-efficient investment solutions, ideal for non-registered plans. RBC Corporate Class Funds include a selection of fixed income and equity funds that provide investors with tax-free switching and rebalancing, reduced taxable di
01/16/2012
Florida's second-largest bank is holding talks with potential buyers, said the people, who declined to be identified because the discussions are private. The lender, with a market value of about $2.25 billion as of yesterday, is working with Goldman
01/13/2012
The divesture includes the 26 branches that First Niagara had agreed to sell in the Buffalo, New York area in order to gain approval from the U.S. Justice Department for its purchase of 195 branches in HSBC's U.S. network.
01/13/2012
This strategic move to acquire a global leader of customs and trade compliance solutions greatly expands Livingston's international trade expertise and service offerings within the United States and Canada, and extends this crucial and growing part o
01/13/2012
Chief Executive Jamie Dimon said the largest U.S. bank by assets was seeing signs of improvement in loan demand and credit quality as the economy recovers.
01/11/2012
The Swiss investment bank still expects these countries to outperform industrialised nations but at a slower annualized real growth rate of 5% or less in the first half of 2012, compared with 7-8% at its peak and 5.5% last year, thanks to a moderation in
01/10/2012
Similar offices have opened in Los Angeles, Denver and San Jose.
01/09/2012
10 Resolutions Bank Marketers Can’t Ignore in 2012
The biggest impact of all of this noise was that attention was diverted from what should have been accomplished in 2011. As
01/09/2012
Citing banking sources, the NZZ am Sonntag said Swiss banks had until January 23 to transfer documents to the U.S. Justice Department relating to their U.S. business since 2000.
01/06/2012
SunGard has observed a transformation in treasury as the role of treasury professionals expand beyond cash management to these key areas. To help address these complex activities, SunGard provides technology that helps corporations manage risk, bank commu
01/05/2012
The bank is looking at leveraging its corporate and SME (small and medium enterprise) clients to increase the private banking customer base.
01/04/2012
The ratings agency expects moderate credit growth in the region in 2012, with those countries with a better economic outlook - particularly Panama, Costa Rica and Guatemala - expected to show the highest credit growth.
01/03/2012
For decades, the rich have claimed a far larger share of the nation’s bounty than the rest of us, and now we see the consequences.
01/03/2012
With healthy banks widely seen as essential to economic recovery, there is concern that US equities will struggle in 2012 unless financials break out of their deep slump.
01/03/2012
A French banker based in the United States told Les Echos that the layoffs had been "particularly brutal" in the past few weeks.
01/03/2012
Sale of the company, which was first reported by the Financial Times, would include Canadian and other rights to a library of more than 11,000 films, as well as Canadian distribution rights for pics from Relativity, Lionsgate Entertainment, Focus Features
01/03/2012
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