02/06/2012
Hana Financial Group seeking to buy Korean American bank in U.S.
"We are ready to start talks with any banks," Yun added, declining to give further details.
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
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
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
Book Value Per Share Increases 17% in 2011
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
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