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ADCB files criminal complaint against individuals linked to NMC Health

Abu Dhabi Commercial Bank , a key lender to NMC Health , said on Wednesday it had filed a criminal complaint against a number individuals linked to the hospital operator with the Attorney General in Abu Dhabi......»»

Category: topSource: reutersApr 15th, 2020

NMC Health board replaced by administrators

The administrators of troubled hospital operator NMC Health said on Tuesday they had replaced the company's board and asked its main lender, Abu Dhabi Commercial Bank (ADCB), to lead a steering group to discuss cutting its debt pile......»»

Category: topSource: reutersApr 14th, 2020

Bank of America Stock: Technical Outlook Prior To Q1 Earnings

Bank of America will report Q1 earnings on April 16, with expectations for 77 cents EPS and $25.4B in revenues. Stock has bullish sentiment but technicals suggest slight bearish trend. read more.....»»

Category: blogSource: benzingaApr 15th, 2024

The Technical Indicator: Charting a grinding-higher breakout, S&P 500 tags latest record peak

Technically speaking, the major U.S. benchmarks continue to trend higher amid a bullish February start, writes Michael Ashbaugh......»»

Category: topSource: marketwatchFeb 9th, 2021

First Internet-only bank in Taiwan to start operation

Rakuten International Commercial Bank (RICB) will become the first Internet-only bank to start operation in Taiwan by the end of January 2021......»»

Category: topSource: digitimesJan 6th, 2021

NMC in talks with lenders to avoid administration

Troubled hospital group NMC Health said on Monday it is in talks with Abu Dhabi Commercial Bank , seeking to convince it to withdraw an application that the lender had filed proposing that NMC be placed under administration......»»

Category: topSource: reutersApr 6th, 2020

The Technical Indicator: Bull trend persists, S&P 500 digests powerful rally atop 20-day volatility bands

Technically speaking, the U.S. benchmarks are off to a strong 2020 start, rising amid bullish market rotation, writes Michael Ashbaugh......»»

Category: topSource: marketwatchJan 21st, 2020

China goes bullish on blockchain

China wants to embrace blockchain, the technology that verifies cryptocurrency transactions. An official from China's state bank urged the country's commercial banks to "step up their applica.....»»

Category: topSource: businessinsiderOct 28th, 2019

XRP/USD Defends Ascending Channel Support

XRP/USD revamps the trend upwards and technical levels start sending bullish signals. Ripple trends higher within a rising channel; short-term support established at $0.4200. read more.....»»

Category: blogSource: benzingaMay 29th, 2019

JPMorgan merges commercial banking groups for fast-growing start-ups

JPMorgan Chase & Co said on Monday it is combining its middle-market technology and emerging growth commercial banking teams to better position the bank to handle start-ups that rapidly grow to be big companies......»»

Category: topSource: reutersMar 11th, 2019

Malaysia: Public Bank Bhd (PUBM:KL) Bullish Trend

Malaysia: Public Bank Bhd (PUBM:KL) Bullish Trend Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 23.64. The projected upper bound is: 24.79. The proj.....»»

Category: topSource: livetradingnewsMay 31st, 2018

Gabelli Identifies Potential Eagle Bancorp Acquirers, Says Stock Pullback An Overreaction

Eagle Bancorp, Inc. (NASDAQ: EGBN), a bank focused on lending to commercial real estate and commercial and industrial borrowers, earned a bullish review from Gabelli Securities. Latest Ratings for.....»»

Category: blogSource: benzingaAug 27th, 2018

The Wall Street Journal: China’s central bank frees up nearly $175 billion to jump-start economy

China’s central bank is freeing up nearly $175 billion to get commercial banks to boost their lending and pay off short-term borrowings, the latest effort by Beijing to lift growth in a slowing economy as its trade fight with the U.S. escalates......»»

Category: topSource: marketwatchOct 7th, 2018

The Tell: Bank stocks are flying high in 2019, but here’s why the party might not last

Financial sector outperformance is an oversold bounce, not the start of a trend, skeptics say......»»

Category: topSource: marketwatchJan 17th, 2019

Three Abu Dhabi lenders agree to merge, creating a $114 billion bank

Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank said on Tuesday the banks have agreed on a three-way merger, creating the third-largest bank in the United Arab Emirates......»»

Category: topSource: reutersJan 29th, 2019

Three Abu Dhabi lenders agree to create $114 billion bank

Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank agreed a merger on Tuesday to create the third-largest bank in the United Arab Emirates......»»

Category: topSource: reutersJan 29th, 2019

Broad USD demand from post ISM beat spills over into quiet start to the week.

USDJPY bursting higher, supported by trend-line break and bullish EURJPY technicals. AUDUSD slips further with weaker than expected Building Permit data not helpi.....»»

Category: optionsSource: insidefuturesFeb 4th, 2019

Investors and economists are getting worried about more bank failures as interest rates stay high

High interest rates are "corrosive" to the economy, Mark Zandi said, while others fear the impact of high borrowing costs on commercial mortgages. Sesame/Getty Images.....»»

Category: smallbizSource: nytMay 17th, 2024

RE Insider: Developers to add 3 commercial buildings to Maple Lawn

Larry Maykrantz, CEO of St. John Properties, said adding more medical offices follows the suburban trend of creating treatment centers outside traditional urban hospital campuses......»»

Category: topSource: bizjournalsMay 17th, 2024

Citizens Bank recruits Florida banker to lead statewide expansion

The $220 billion bank plans to build out commercial banking teams across Florida’s major metro markets......»»

Category: topSource: bizjournalsMay 15th, 2024