Banking News

THE wind down of the mining investment boom is hurting Western Australia's commercial property market, with growing vacancies in office space.

Emily Rafferty said Tuesday she will retire at the end of March 2015. She has been president of the museum since January 2005.

A 42-year-old man pleaded not guilty Monday to trying to rob a Wells Fargo branch in South San Francisco.

Deutsche Bank's takeover of Postbank was hit with a fresh regulatory delay on Wednesday, when Germany's Federal Supreme Court failed to give final clearance to the deal and instead referred a lawsuit over its terms to an appeals court.

A man who was imprisoned 21 years for a rape and murder he didn't commit is set to testify at a first-ever Connecticut hearing to determine how much he should be compensated.

Most of the 1,200 people driven to evacuate by a Northern California wildfire that destroyed 13 homes have been told they can safely return after a series of steady gains in the firefight.

Deutsche Bank AG posted a 29 percent drop in second-quarter net profit Tuesday, hit by what it described as higher taxes, declining revenue and political instability affecting the markets.

Swiss banking giant UBS AG has reported a 15 per cent jump in second-quarter net profit from a year ago, driven by strong results from its core wealth management and trimmed-down investment banking franchises despite a tough market environment.

The sale of the 19-story 281,187-square-foot office building at 201 E. Kennedy Blvd. closed Monday, CBRE Group Inc. confirmed to the Tampa Bay Business Journal .

The growth of Birmingham banks, specifically Regions Bank , has helped the area maintain its status as a banking hub despite a decade of significant change for its bank scene.

Greece wants the European Central Bank's health checks on its four biggest banks later this year to take account of their new restructuring plans rather than being based on last year's balance sheet data alone, a Greek finance ministry official said on Monday.

The Advocate reports that Lafayette-based MidSouth's president and CEO said strong loan growth and improvements in efficiency and operating earnings helped drive second-quarter results.

The Securities and Exchange Commission has charged a Citigroup business unit operating an alternative trading system with failing to protect the confidential trading data of its subscribers.

The ambitious technology infrastructure overhaul announced by First Niagara Financial Group Inc. in January is already improving some of the company's operations.

The Bank of Montreal report, titled "Living to 100: The Four Keys to Longevity," found that 74 per cent of those recently polled foresee medical costs as their biggest expense in their senior years.

A nine-year-old boy has been killed in a village in central Greece after a plane tree collapsed on top of him.

As a result of the questioning regarding potential conflicts of interest, the New York-based bank has sharpened its disclosures to clients, the newspaper said, citing sources.

National Australia Bank has agreed to sell a 625 million parcel of distressed loans from its UK commercial real estate portfolio to an affiliate of New York-based buyout group Cerberus Global Investors.

The kiwi traded at 85.63 US cents at 8am from 85.51 cents on Friday in New York and 85.73 cents at 5pm in Wellington.

With power generation at the Ratnagiri Gas and Power grinding to a halt in the absence of natural gas, lenders to the project may consider a further conversion of debt into equity to help the company tide over the crisis, Arundhati Bhattacharya, chairperson of State Bank of India, told FE, adding that the portion of debt, that got converted into ... (more)