Commercial banks

US Banks See Loan Demand Drop, Fed Survey Says

US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey.


US Regulators Take Hold of Troubled Lender Republic First and Agree to Sell It to Fulton Bank

US regulators have taken hold of Republic First Bancorp and arranged to sell it to Fulton Bank...

HSBC Is Considering Selling Some Business Units in Germany to Focus on Asia as It Further Exits From Europe

HSBC is reportedly considering selling various business units in Germany...

Swiss Banking Giant UBS Intends to Broaden Business Footprint in the US

Swiss banking giant UBS intends to seek merger and acquisition opportunities in the United States in the years ahead...


Latest News

China's State Council publishes guidelines to strengthen shadow banking regulation-report
Citing a copy it obtained of Document 107, Reuters reported that the State Council of China has published guidelines that aim to fortify regulation against the risky practice of shadow banking.
Alitalia seeks €50M additional loan from Italian lenders UniCredit, Intesa Sanpaolo
Alitala, Italy's flag carrier, has written to Italian banks UniCredit and Intesa Sanpaolo asking to extend an existing loan agreement by €50 million. This comes on top of the €200 million in bank loan
JPMorgan Chase & Co agrees on settlement to Pittsburgh bank lawsuit
JPMorgan Chase & Co settled a lawsuit brought against it by the Federal Home Loan Bank of Pittsburgh involving the losses it sustained from mortgage securities it bought from the bank, Bloomberg repor
Private lending in the Euro Zone drops to 20-year low
The data released in a report by the European Central Bank on Friday saw the hesitation of financial institutions in extending credit to households and businesses despite the economic recovery of the
Singapore's OCBC makes binding offer for Hong Kong's Wing Hang Bank- sources
Citing sources, Bloomberg reported that Singaporean lender Oversea-Chinese Banking Corp or OCBC has submitted a binding offer for Hong Kong-based family-run lender Wing Hang Bank Ltd.
Delmarva Bancshares secures $11M in private placement
Delmarva Bancshares Inc, the bank holding firm for the National Bank of Cambridge, was able to raise $11 million in a private placement participated in by a group which included Castle Creek Capital.
Zyden Gentec shares fall as Punjab National Bank offloads its 3% stake
Zyden Gentec Ltd.'s shares fell by 5% to INR15.25 per share after Punjab National Bank's recent stake sale. PNB had sold 335,141 of its shares in the pharmaceutical company, which represents a 3% equi
Chinese banks seen rising in financial markets - report
The DealBook said in its report that banks in China are steadily making strategic acquisitions offshore and opening its businesses outside of the mainland, thanks to recent economic reforms.
Italy's Banca Popolare di Vicenza to grow through acquisitions- paper
Popolare Vicenza Chairman Gianni Zonin told an Italian daily that Banca Popolare di Vicenza intends to grow its branches to a thousand from its current 690 through acquisitions.
US bank regulators mull Volcker rule tweak
US bank regulators said they would consider allowing banks to hold on to complex securities despite the Volcker rule prohibiting them from owning such and would arrive at a decision in the middle of J
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