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Commercial Banking News

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91-105 of 2658 results
Barclaycard US confirms Curt Hess as CEO
Barclaycard US, the payments business of Barclays in the United States, has appointed Curt Hess as CEO. Hess, who has been covering the role on an interim basis since May of last year, will report to Barclaycard Interim CEO Amer Sajed.
Banking Services > Commercial Banking > News
Jefferies Wealth Management Partners with Envestnet
Envestnet,has begun working with Jefferies Wealth Management to strengthen its service and product offerings.
Banking Services > Commercial Banking > News
Northfield Bancorp closes $55.4m acquisition of Hopewell Valley Community Bank
By BBR Staff Writer
Northfield Bancorp has completed the acquisition of Hopewell Valley Community Bank in a deal that is valued at around $55.4m.
Banking Services > Commercial Banking > News
Grupo Elektra to close Banco Azteca's operations in Brazil
By BBR Staff Writer
Financial services and trade specialist Grupo Elektra is set to close Mexican bank Banco Azteca's struggling operations in Brazil.
Banking Services > Commercial Banking > News
The Future of High Risk Merchant Services- International Merchant Accounts
Historically, Offshore or International Merchant Accounts have been difficult for merchants to embrace due to undesirable terms and integration that was next to impossible for US based merchants to implement. Thus, simply mentioning the words "offshore merchant account" to a merchant was tantamount to an insult. Thankfully this is no longer the case.
Banking Services > Commercial Banking > News
Lakeland Bancorp completes acquisition of Pascack Bancorp
By BBR Staff Writer
Lakeland Bancorp has completed the acquisition of Pascack Bancorp, as part of a previously announced deal between the companies.
Banking Services > Commercial Banking > News
Indian government considers sale of $1.7bn stake in Axis Bank
By BBR Staff Writer
The government of India is contemplating plans to divest a $1.7bn stake in Axis Bank in a bid to shrink the nation's budget deficit.
Banking Services > Commercial Banking > News
PayPal Co-founder and Facebook-backer Peter Thiel Invests in European Fintech Company Deposit Solutions
Peter Thiel, the fintech pioneer, Paypal co-founder and first outside investor in facebook, has made an investment in Hamburg-based Deposit Solutions GmbH, the first open architecture platform for retail deposits in Europe. His investment is an add-on to the September growth financing round led by FinLab AG, a leading German fintech investor.
Banking Services > Commercial Banking > News
Prepaid Financial Services Expands its banking solution with individual IBAN Accounts for Customers Across the Eurozone
Prepaid Financial Services (PFS), a leading e-money institution that specialises in prepaid card issuing and providing banking services via its in-house technology platform, today announced that it has extended its banking solution across the Eurozone.
Banking Services > Commercial Banking > News
Nuveen Investments to acquire Incapital’s Unit Investment Trust Platform
Nuveen Investments, today announced it has entered into an agreement with Incapital to acquire Incapital’s Unit Investment Trust (UIT or Unit Trust) platform.
Banking Services > Commercial Banking > News
Professional Holding to buy FirstCity Bank of Commerce
Professional Holding Corp. ("PHC"), the parent company of Professional Bank ("Professional Bank"), and FirstCity Bank of Commerce ("FirstCity") announced today the signing of a definitive agreement (the "Agreement") under which PHC and Professional Bank will acquire FirstCity for approximately $6.8 million to be paid in cash or stock or combination thereof, at the election of FirstCity shareholders.
Banking Services > Commercial Banking > News
Sierra Bancorp to acquire Coast Bancorp
By BBR Staff Writer
US-based Sierra Bancorp and Coast Bancorp have inked an agreement under which the former will acquire the latter.
Banking Services > Commercial Banking > News
EyeLock with Diebold to Bring Iris identity authentication to banking customers
EyeLock, a market leader of iris-based identity authentication solutions, and Diebold, Incorporated, a leading global provider self-service technology, software and services to financial, commercial, retail and other markets, have teamed up on a new screen-less, self-service ATM concept that harnesses emerging technology to create a vision of what the future banking experience might look like.
Banking Services > Commercial Banking > News
SOUFUN (FANG) enhances management team with New CFO
By BBR Staff Writer
SouFun Holdings ("Fang" or the "Company"), the leading real estate Internet portal in China, today announced that it has strengthened its management team with the appointment of Mr. Kent (Cangsang) Huang as the company's Chief Financial Officer.
Banking Services > Commercial Banking > News
Deutsche Bank sells stake in China's Hua Xia Bank for Eur3bn
By BBR Staff Writer
Germany based Deutsche Bank is selling its entire 19.99% share in Beijing-based Hua Xia Bank to Chinese insurance provider PICC Property and Casualty Company for ¥23bn to ¥25.7bn, (€3.2bn to €3.7bn).
Banking Services > Commercial Banking > News
91-105 of 2658 results