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Amsterdam Could be Winner of City Exodus After Brexit

Amsterdam is in talks with major financial institutions based in the city of London about their imminent reloc.....»»

Category: topSource: marketpulse14 hr. 35 min. ago

Bank of North Carolina snapped up by out-of-state lender in $1.9B deal

Pinnacle Financial Partners announced a $1.9 billion, all-stock acquisition of BNC Bancorp on Sunday, giving the Nashville-based bank a footprint throughout North Carolina, South Carolina and Virginia. BNC Bancorp (NASDAQ: BNCN) is the holding comp.....»»

Category: topSource: bizjournalsJan 23rd, 2017

Breaking: BNC Bancorp to be acquired by Tennessee bank

High Point-based BNC Bancorp. (NASDAQ: BNCN) announced Sunday evening it is being acquired by Pinnacle Financial Partners (NASDAQ: PNFP) of Nashville, Tennessee for $1.9 billion in stock. BNC President and CEO Richard D. “Rick” Callicutt II, .....»»

Category: topSource: bizjournalsJan 23rd, 2017

The Tell: Bank jobs leaving U.K.? Some in financial sector blast buzz over Brexodus

Here’s another sign that Brexit is getting real: Big banks are revealing plans to shift workers from London to other European cities. But some in the City of London have pushed back at the buzz over a Brexodus.....»»

Category: topSource: marketwatchJan 23rd, 2017

Pinnacle buys its first out-of-state lender in $1.9B deal

Pinnacle Financial Partners announced a $1.9 billion all-stock acquisition of BNC Bancorp on Sunday, giving the Nashville-based bank a footprint throughout North Carolina, South Carolina and Virginia. BNC Bancorp is the holding company for the Ba.....»»

Category: topSource: bizjournalsJan 22nd, 2017

Ex-banker named boat "Overdraft." Now bank is in hot water over fees

A lawsuit from the Consumer Financial Protection Bureau alleges a Minnesota-based bank used vague language to mislead consumers into opting-in for overdraft services......»»

Category: topSource: moneycentralJan 21st, 2017

Banker named boat "Overdraft." Now bank in hot water over fees

A lawsuit from the Consumer Financial Protection Bureau alleges a Minnesota-based bank used vague language to mislead consumers into opting-in for overdraft services......»»

Category: topSource: moneycentralJan 21st, 2017

Citigroup is finally be shutting down its "bad bank" — 8 years after the financial crisis

Thomson ReutersWhen Citigroup reported earnings on Wednesday, it announced a major milestone that its investors should cheer. The New York-based bank said that the fourth quarter of 2016 was the last time it'd separate the results from its Citi Hol.....»»

Category: topSource: businessinsiderJan 21st, 2017

Bank of Hawaii making changes to executive finance, strategy roles

Bank of Hawaii has announced changes to the bank’s executive finance and strategy team, including a new position for Vice Chair Kent Lucien. Kent T. Lucien, who is also the bank’s chief financial officer, will become chief strategy officer, eff.....»»

Category: topSource: bizjournalsJan 20th, 2017

TCF Financial downgraded to hold from buy at Deutsche Bank

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJan 20th, 2017

A former bank CEO named his boat "Overdraft." Now that bank is in hot water over the fees.

A lawsuit from the Consumer Financial Protection Bureau alleges a Minnesota-based bank used vague language to mislead consumers into opting-in for overdraft services......»»

Category: topSource: washpostJan 20th, 2017

Should You Buy Bank ETFs on the Dip?

Though banking ETFs retreated despite stronger-than-expected Q4 earnings, investors can use the dip as a buying opportunity. The financial sector, which accounts f.....»»

Category: topSource: zacksJan 20th, 2017

Kerala Gramin Bank to propagate financial literacy among school children

Aimed at propagating financial literacy among school children, Kerala Gramin Bank has conceived a novel programme called FI@School. Under the project, every branch of the bank has to identify and e........»»

Category: topSource: thehindubusinesslineJan 20th, 2017

This bank's former CEO named his boat 'The Overdraft' - MarketWatch

MarketWatchThis bank's former CEO named his boat 'The Overdraft'MarketWatchThe Consumer Financial Protect.....»»

Category: topSource: googlenewsJan 19th, 2017

Regulatory settlements raise questions about America’s financial markets

THIS week, Credit Suisse and Deutsche Bank became the latest banking giants to finalise multi-billion dollar settlements with American a.....»»

Category: topSource: stockchartsJan 19th, 2017

F.N.B. CEO: We"re on track to close on Yadkin buy

Pittsburgh’s F.N.B. remains on track to close on its buy of Raleigh’s Yadkin Financial, parent company of Yadkin Bank. That’s according to statements made Thursday by F.N.B. (NYSE: FNB). CEO Vince Delie during the bank’s fourth quarter ea.....»»

Category: topSource: bizjournalsJan 19th, 2017

Regulatory settlements raise questions about America’s financial markets

THIS week, Credit Suisse and Deutsche Bank became the latest banking giants to finalise multi-billion dollar settlements with American authorities.....»»

Category: topSource: economistJan 19th, 2017

Why You Shouldn"t Bet Against Interactive Brokers (IBKR) Stock

Interactive Brokers (IBKR) in the Financial - Investment Bank space is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective. .....»»

Category: topSource: zacksJan 19th, 2017

This Government Report Will Fuel Bank Stocks in 2017

With inflation coming in above 2% last month, the Fed could soon boost interest rates for the third time since the financial crisis......»»

Category: topSource: foxnewsJan 18th, 2017

Citigroup CEO asks for investor patience on financial targets

(Reuters) - Citigroup Inc Chief Executive Michael Corbat asked investors for more patience on Wednesday in explaining how the bank failed to meet four-year-old performance targets, even as vibrant markets drove profits higher in the fourth quarter......»»

Category: topSource: reutersJan 18th, 2017