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Banking News

Banking news continually updated from thousands of sources around the net.

3 hrs ago | Reuters

UPDATE 1-Chobani secures $750 million investment from TPG

Chobani said on Wednesday it has received a $750 million investment from private equity firm TPG, in a move that will spare the Greek yogurt company from a serious cash crunch, according to several people familiar with the matter.


Related Topix: New Berlin, NY, Berlin, NY, Bank of America, Financial Services, Reuters, Edmeston, NY

7 hrs ago | The Washington Post

Coal Glut Foils Price Rally With Miners Tied to Exports: Energy

Australian mining companies are prolonging a supply glut that's driven coal prices to a four- year low because of freight contracts that make it cheaper to ship at a loss than to cut output.


Related Topix: Stanley, Goldman Sachs, Financial Services, Investment Services, Australia and New Zealand Banking Group, Australia, World News, Business News

12 hrs ago | National Public Radio

Some Notable Social Media Gaffes, Missteps

A feel-good Twitter request by the New York Police Department asking for pictures of people posing with officers quickly turned ugly when hundreds instead posted shots of baton-wielding cops battling protesters and taking down suspects.


Related Topix: Twitter, JP Morgan Chase

15 hrs ago |

Wellness programs grow more popular with employers

In this Thursday, April 10, 2014 photo, Dominion Resources Inc. nuclear power station plant manager, Roy Simmons talks about his participation in a wellness program at the plant in Surry, Va.


Related Topix: Dominion Corp, Financial Services, Dime Community Bancshares, Surry, VA

16 hrs ago | NBC2 News

Port Charlotte teen charged with armed robbery

Major Crimes detectives have charged a Port Charlotte 17-year-old with armed robbery after an incident that occurred at a bank drive-thru Tuesday evening.


Related Topix: Port Charlotte, FL, Bank of America, Financial Services, Charlotte County, FL

20 hrs ago | The Beaumont Enterprise

Europe recovery shows signs of strengthening

The July 5, 2012 file photo shows a sunflower sitting in front of the Euro sculpture in Frankfurt, Germany.


Related Topix: World News, Germany, Financial Services, European Central Bank

22 hrs ago | West Australian

Benign inflation good news for borrowers

Lower than expected inflation will allow the Reserve Bank of Australia to keep the cash rate at a record low 2.5 per cent.


Related Topix: Reserve Bank of Australia, Financial Services

Tue Apr 22, 2014

Business Times

Citigroup's leaders say company needs to simplify itself

Asked at an annual meeting of shareholders whether Citigroup is too big to manage, Chairman Mike O'Neill said the task "is certainly harder" for its size and that the company has more years of work in a drive to reduce risk and complexity that started when the company was bailed out in the financial crisis.


Related Topix: Financial Services, Citigroup

WLOX-TV Biloxi

Trustmark profits rise as credit quality improves

Regional bank Trustmark Corp. says profit in 2013's fourth quarter rose 17 percent from the same three months of 2013, aided by gains from an earlier merger.


Related Topix: Trustmark, Financial Services

Connecticut Post

This combination of photos provided by the Federal Bureau of Investigation shows William James Vahey in 2013, left, and 2004.


Related Topix: US News, US Federal Bureau of Investigation, Luverne, MN, US Bancorp, Financial Services, Nicaragua, World News, Central America

The Washington Post

Former Deutsche Bank Salesman Admits Bribery in Tokyo Court

Former Deutsche Bank AG salesman Shigeru Echigo admitted to bribery charges in Tokyo and said he acted on instructions from his managers, as authorities push brokerages to be more judicious in entertaining clients.


Related Topix: Deutsche Bank AG, Financial Services, Pension, Business News

The Washington Post

Pfizer and AstraZeneca Ripe for Deal Alone or Together: Real M&A

While the talks between Pfizer, the world's biggest drugmaker, and $87 billion AstraZeneca have fizzled, an analyst at Citigroup Inc. expects Pfizer to approach the company again, or AstraZeneca could opt to merge with another peer such as Amgen Inc. as a defense tactic.


Related Topix: Pfizer, Biotech, Medicine, Healthcare Industry, Financial Services, Citigroup, Amgen, Shire plc, Cancer, Health

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

All of t... )--Equity LifeStyle Properties, Inc. today announced results for the quarter ended March 31, 2014.


Related Topix: ChannelAdvisor, Science / Technology, Internet, Bank of Hawaii, Financial Services, Equity Lifestyle Properties, Exactech, Medicine, Medical Equipment, Healthcare Industry, Providence, RI

Business Journal

NewBridge Bank's retail banking realignment will yield job cuts

NewBridge Bank, headquartered in Greensboro, will reduce 5 percent of its work force as it realigns its branch banking model.


Related Topix: Financial Services, LSB Bancshares

Mon Apr 21, 2014

Business Journal

Loan loss reserve increases derail Northwest 1Q earnings

Northwest Bancshares, among the largest financial institutions serving Pittsburgh, Monday announced first quarter 2014 profits of $14.6 million, or 16 cents per share, down from $15.3 million, or 17 cents per share, a year ago.


Related Topix: Financial Services, Northwest Bancorp

BancorpSouth sees profit continue to rise

BancorpSouth posted quarterly profit Monday of $28.4 million, or 30 cents per share.


Related Topix: Financial Services, BancorpSouth

MSN Money

Futures flat as investors await earnings onslaught

U.S. stock index futures were very slightly higher on Monday as investors found few reasons to keep buying following a strong rally last week and ahead of a heavy week of corporate earnings releases.


Related Topix: Financial Services, Stanley, Suntrust Banks

National Public Radio

Report: Sandy's Fallout Affecting Small Business

The Federal Reserve Bank of New York says a third of small businesses in tri-state Superstorm Sandy disaster areas reported financial losses a year later.


Related Topix: Financial Services, Small Business, Personal Finance, Federal Reserve Bank of New York, Bank of New York

Daily Mail

Saved by her big sister: Little girl who couldn't leave the house...

'It's miraculous': Stowaway, 16, walks away unharmed despite flying more than five hours from California to Hawaii in plane WHEEL WELL after running away from home Easter morning horror as sleeping girl, 16, is crushed to death when 'drunk' neighbor crashes his SUV through her bedroom at 80MPH 'Unforgivable, murderous acts': South Korean President ... (more)


Related Topix: New York, Financial Services, CitiMortgage, Citigroup


Canadian shoppers are still travelling to the United States despite...

The fluctuating loonie may actually have little impact on most Canadian businesses, suggests a new survey by the Bank of Montreal .


Related Topix: Financial Services, Bank of Montreal, Small Business, Personal Finance


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