You are here:
Banking
#

Banking

Get Alerts

Wire

Jul 23, 2014

Deutsche Bank Shares Waver on Reports of Regulator’s Letter

News reports of the criticism by regulators is a setback for Deutsche Bank in its efforts to convince investors and the public that it is remaking itself to be more ethical and less risky... #Deutsche Bank #Federal Reserve Bank of New York

Jul 23, 2014

U.S. targets deposits paid to smugglers bringing kids to the U.S.

A crackdown on smuggling rings bringing thousands of Central American children to the U.S. has resulted in 192 arrests and the seizure of $625,000 in U.S. bank holdings, Homeland Security Secretary Jeh Johnson announced... #Deutsche Bank #Federal Reserve Bank of New York

Jul 23, 2014

East L.A.'s Pan American Bank gets $6-million bailout from other banks

Rescuing California's oldest Latino bank, 16 larger community and regional banks have chipped in $6.3 million to help keep 50-year-old Pan American Bank in East Los Angeles open... #California #Los Angeles, CA #American Bank Inc

Jul 23, 2014

Deutsche Bank’s Renewal Still a Work in Progress

Persuading investors that the bank holds itself to higher standards than before the financial crisis is starting to look like a generation’s work, Dominic Elliott writes in a Reuters Breakingviews column... #Deutsche Bank #Federal Reserve Bank of New York

Jul 23, 2014

Fed Is Said to Criticize Deutsche Bank’s Oversight and Reporting Efforts

A lawyer for a former employee of the bank said the Federal Reserve Bank of New York told the German bank of its findings in December... #Deutsche Bank #Federal Reserve Bank of New York #Europe #United States

Jul 22, 2014

CIT to Buy OneWest for $3.4 Billion

The CIT Group, which is run by John A. Thain, has agreed to acquire the parent company of OneWest Bank for $3.4 billion in cash and stock... #John A. Thain #OneWest #Indymac Bancorp #CIT GROUP INC

Jul 21, 2014

Starting salaries for college grads lag behind pay for workers overall

Starting salaries for recent college graduates have risen far more slowly than the average earnings of all U.S. workers since the recession, an analysis by the Federal Reserve Bank of San Francisco found... #John A. Thain #OneWest #Indymac Bancorp #CIT GROUP INC

Jul 24, 2014

Political Crisis Jeopardizes Future of Bulgarian Bank

The resignation of the Bulgarian prime minister and his cabinet extends the wrangling over a rescue plan for the troubled bank, Corporate Commercial Bank... #Commercial Bank #Bulgaria

Jul 22, 2014

European soccer teams land lucrative sponsorship deals

The 10-year, $1.3-billion uniform deal Manchester United signed with Adidas last week is the most lucrative shirt sponsorship in soccer history. Add in the seven-year $560-million jersey deal United has with Chevrolet and, beginning next season, the ... #Chevrolet #Manchester United #Adidas

Jul 23, 2014

DealBook: CIT in Deal to Usher the Firm Into Wall Street’s Top Echelon

The CIT Group, which is run by John A. Thain, has agreed to acquire the parent company of OneWest Bank for $3.4 billion in cash and stock... #Wall Street #John A. Thain #CIT GROUP INC #OneWest #Indymac Bancorp