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Commercial Banking News

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76-90 of 2668 results
Barclays doubles cashback for Blue Rewards customers
Barclays has announced that it will double the cashback Blue Rewards customers can earn when they use its cashback service, SmartSpend, to shop with any of its 100+ current retail partners such as GAP and Boots throughout the rest of February.
Banking Services > Commercial Banking > News
Commercial International Bank of Egypt agrees to sell CI Capital
By BBR Staff Writer
Commercial International Bank (Egypt) has agreed to sell its investment banking unit CI Capital Holding to Orascom Telecom and Media Technology (OTMT) Holding for EGP924m ($118m).
Banking Services > Commercial Banking > News
HSBC to remain headquartered in UK
By BBR Staff Writer
HSBC has decided to keep its headquarters in London, the UK, upon completion of a 10-month review to determine the best location for its headquarters.
Banking Services > Commercial Banking > News
Raiffeisen and Vontobel to continue collaboration in certain areas beyond end of cooperation agreement
Raiffeisen and Vontobel are to continue to work together beyond the expiry of the current cooperation agreement in June 2017. Vontobel will remain a partner of Raiffeisen and its subsidiaries in certain areas of asset management and the securities business.
Banking Services > Commercial Banking > News
Bordier & Cie launches the ideas lab, Bordier FinLab
In a market undergoing profound change, the bank Bordier & Cie continues to strengthen its expertise in innovation and new investment solutions, by creating Bordier FinLab.
Banking Services > Commercial Banking > News
New York Governor calls for halt of KeyCorp’s $4.1bn acquisition of First Niagara
By BBR Staff Writer
New York Governor Andrew M. Cuomo is calling the federal officials to block KeyCorp’s proposed acquisition of First Niagara Financial over anti-trust concerns.
Banking Services > Commercial Banking > News
Lloyds Banking to axe 1,585 jobs, shut down 29 branches
Lloyds Banking is reportedly planning to cut more than 1,585 jobs and shut down 29 branches, as part of its previously announced strategy to generate £1bn a year in savings by 2017.
Banking Services > Commercial Banking > News
RBS scraps plans to sell Indian onshore banking assets
By BBR Staff Writer
Royal Bank of Scotland (RBS) has reportedly canceled plans to divest its Indian onshore banking assets as it thought selling the entire division may cause problems over a long period of time.
Banking Services > Commercial Banking > News
SunTrust launches FinTech-focused commercial banking specialty
SunTrust Banks has launched a new Payments & Technology Industry Specialty in Commercial and Business Banking.
Banking Services > Commercial Banking > News
Scotiabank acquires Citi's retail and commercial banking operations in Panama and Costa Rica
By BBR Staff Writer
Scotiabank has acquired Citigroup's consumer and commercial banking operations in Costa Rica and Panama for $360m.
Banking Services > Commercial Banking > News
PBB Bancorp and First Mountain Bank merger complete
By BBR Staff Writer
PBB Bancorp, the parent company of Premier Business Bank, announced today the successful merger with First Mountain Bank. PBB Bancorp first entered into a definitive merger agreement with First Mountain Bank on June 22, 2015.
Banking Services > Commercial Banking > News
JPMorgan to pay $1.42bn over Lehman Brothers claims
US-based JPMorgan Chase has agreed to pay $1.42bn to settle lawsuit over claims of draining Lehman Brothers' cash before its collapse in 2008.
Banking Services > Commercial Banking > News
First Bancorp of Indiana announces financial results
By BBR Staff Writer
First Bancorp of Indiana, the holding company for First Federal Savings Bank, reported earnings of $483,000 for the quarter ended December 31, 2015, compared to net income of $373,000 in the same quarter last year.
Banking Services > Commercial Banking > News
Redding Bank of Commerce announces regulatory approval to acquire five branch locations
By BBR Staff Writer
Bank of Commerce Holdings, a $1bn asset bank holding company and parent company of Redding Bank of Commerce (the “Bank”), today announced that the Bank received regulatory approval from both the Federal Deposit Insurance Corporation and the California Department of Business Oversight to acquire five branches from Bank of America located in northern California.
Banking Services > Commercial Banking > News
EBRD invests $40m in Ameriabank for 20% equity stake
By BBR Staff Writer
The European Bank for Reconstruction and Development (EBRD) is investing $40m in Ameriabank CJSC in exchange of a 20% stake in the Armenian bank.
Banking Services > Commercial Banking > News
76-90 of 2668 results