What bank mergers in St. Louis and elsewhere portend for 2020
U.S. bank mergers continued apace in 2019, aided by several tie-ups in St. Louis. Mergers nationally totaled 269 in 2019, five more than in 2018 and the same number as in 2017, S&P Global Market Intelligence reported. In St. Louis, significant .....»»
Sandy Spring opens new branch after "crazy and successful" 2020
The bank closed out a 2020 with two mergers and the most PPP loans of any local bank......»»
Data Bank: St. Louis residential construction gets a hot start in 2020
The January permit total already tops the highest monthly total of 2019, suggesting that residential construction could be on the rise after softer permit figures were recorded last year......»»
Mediobanca CEO expects second-tier banks to look at M&A in 2020
Second-tier banks in Italy, Spain and possibly Germany are likely to consider mergers this year in a bid to boost returns which are insufficient to cover their cost of equity, the chief executive of investment bank Mediobanca said......»»
Goldman Sachs overtakes JPMorgan as top bank M&A adviser
Analysts predict more banking mergers among U.S. midsize regional banks in 2020.....»»
Birmingham experts say more bank M&A on the horizon for 2020
More bank mergers and acquisitions are on the horizon in 2020......»»
St. Louis loses its vote on Fed rate hikes
Jim Bullard, president of the Federal Reserve Bank of St. Louis, will not be a voting member of the rate-setting Federal Open Market Committee (FOMC) in 2020. The committee, which rotates its membership annually, changes in January, with Bullard, C.....»»
Why 2020 could be a very busy year for US bank mergers
Pieces do seem to be in place to make 2020 a busy year for deals, as falling profits and the presidential election sharpen minds at the 4,700 or so banks across the country......»»
19-year head of one of St. Louis" best performing banks to retire, successors named
Bank of Old Monroe, which has repeatedly ranked among the best performing locally and nationally, will get new leadership......»»
Global Semiconductor Market Growth To Accelerate In 2021
In his Daily Market Notes report to investors, while commenting on the global semiconductor market growth, Louis Navellier wrote: Q4 2020 hedge fund letters, conferences and more The Bid.....»»
UMB CEO: How 2020 turned into a record year for the bank
Jim Rine shares some insights into why UMB Bank had such a successful year in 2020, despite the pandemic, and what it's been working on......»»
Los Angeles bank merging with Ohana Pacific Bank
Ohana Pacific Bank, founded in 2006, has two Hawaii branches and $196.7 million in assets through September 2020......»»
Cash-strapped USPS announces major changes that could mean higher postage rates and slower first-class mail delivery
The agency reported over $9 billion in net losses in 2020 as the pandemic caused mail delivery rates to plummet. United States Postal Service Postmaster General Louis DeJoy speaks during a House Oversight and Reform Comm.....»»
Federal Reserve Bank of St. Louis President speaks on the economy
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
A Healthy 20-Year Treasury Bond Auction
Commenting on the treasury bond auction and today’s markets strategist Louis Navellier wrote in a note to investors: Q4 2020 hedge fund letters, conferences and more 20-Year Treasury Bond Auction Interest rate fears remain on too many investor mind.....»»
Frost Bank CEO Phil Green takes 20% pay cut
The chairman and CEO of Frost Bank took a 20% cut to his 2020 compensation along with other top executives in response to the challenging economic environment in part due to the Covid-19 pandemic......»»
Berkshire Bank CFO heads to St. Louis
Jamie Moses says he was attracted by the bank's commitment to family-owned businesses......»»
The Tell: A new wave of fearless retail investors is ready to pour $170 billion into stocks, predicts Deutsche Bank
Deutsche Bank has taken the pulse of a wave of individual investors that blossomed in 2020 and drove a market rally from last March. And they are ready to keep buying stocks......»»
The $166 billion of SPAC deals in the 1st quarter exceeds all of 2020
Mergers conducted through SPACs are taking a bigger bite of the overall M&A market, according to a citation of figures from Morgan Stanley. Billionaire inves.....»»
AstraZeneca’s Vaccine Suspended
Commenting on the suspension of AstraZeneca plc (NASDAQ:AZN)’s coronavirus vaccine and today’s markets strategist Louis Navellier wrote in a note to investors: Q4 2020 hedge fund letters, conferences and more ECB QE Supp.....»»
Aegion Corporation Reports 2020 Fourth Quarter and Full Year Financial Results
ST. LOUIS, March 10, 2021 (GLOBE NEWSWIRE) -- Aegion Corporation (NASDAQ:AEGN), a leading provider of infrastructure maintenance, rehabilitation and protection solutions, today announced financial results for the fourth quarter and full yea.....»»