Banking

The Office for National Statistics in Britain said the annual inflation rate, helped by lower transportation costs, dropped from March to April to 2.4 percent. The inflation rate fell from 2.8 percent in the previous month with notable...

United Press Internationa, 10:03am ET

Italy Banks' Lobby ABI: 2012 Profit Falls by 80%

By Giovanni Legorano MILAN--Italian banks' profitability declined by 80% to 1 billion euros ($1.3 billion) in 2012 as the recession affecting the country continued to weigh on banks' bottom line, the country's association of banking, ABI,...

DowJones Select, 10:03am ET

ICICI Bank Crosses Below its 10-day MA (IBN)

Today, shares of ICICI Bank (NYSE:IBN) have fallen below their 10-day MA of $47.50 on a volume of 430K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.ICICI...

Financial News Network On, 12:03pm ET

Goldman Sachs Group has the Highest Forward Earnings Yield in the Investment Banking & Brokerage Industry (GS, MS, PJC)

Below are the three companies in the Investment Banking & Brokerage industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs....

Financial News Network On, 11:13am ET

JPMorgan Chase Ranks the Highest in Terms of Forward Earnings Yield in the Other Diversified Financial Services Industry (JPM, C, BAC)

Below are the three companies in the Other Diversified Financial Services industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return...

Financial News Network On, 11:08am ET

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--Citi is the first local Commercial Card Issuer to deliver a chip card solution into the market Citi, through its Treasury and Trade Solutions division, announces a significant investment in its Commercial Card issuing business...

BusinessWire, 10:33am ET

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Less than a year after beginning implementation of principal reduction and other consumer relief programs under the National Mortgage Settlement (NMS), Bank of America completed and approved assistance to about 320,000...

BusinessWire, 10:08am ET

Ambassador David Jacobson to Join BMO Financial Group as Vice-Chair

BMO Financial Group (TSX:BMO)(NYSE:BMO) has announced that Ambassador David Jacobson, who currently serves as United States Ambassador to Canada, will join the bank as Vice-Chair this October. "Unequivocally, the contribution that...

Marketwire Canada, 10:08am ET

Ambassador David Jacobson to Join BMO Financial Group as Vice-Chair

BMO Financial Group (TSX: BMO)(NYSE: BMO) has announced that Ambassador David Jacobson, who currently serves as United States Ambassador to Canada, will join the bank as Vice-Chair this October. "Unequivocally, the contribution that...

Marketwire, 10:08am ET

Media Advisory: BMO Bank of Montreal Celebrates 100th Anniversary of Historic Winnipeg Branch

Editors Note: There are two photos associated with this press release. BMO Bank of Montreal invites customers and members of the community to celebrate the 100th anniversary of its Portage and Main Branch during the week of May 20th,...

Marketwire, 9:08am ET

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U.S. Trust 2013 Insights on Wealth and Worth found that family health has emerged as the new risk to family wealth. Long-term care and out-of-pocket healthcare costs, combined with financial support for extended...

BusinessWire, 9:08am ET

Media Advisory: BMO Bank of Montreal Celebrates 100th Anniversary of Historic Winnipeg Branch

Marketwire Canada, 9:08am ET

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Bank of America Corporation today announced an underwritten public offering of depositary shares, each representing a 1/25th interest in a share of its Non-Cumulative Perpetual Preferred Stock, Series U, with a liquidation...

BusinessWire, 9:03am ET

BMO Financial Group Announces Monthly Cash Distributions for BMO Exchange Traded Funds

BMO Financial Group today announced the May 2013 cash distributions for the 30 BMO Exchange Traded Funds (ETFs)(i) which pay monthly distributions. Unitholders of record at close of business on May 30, 2013 will receive cash distributions payable...

Marketwire, 8:08am ET

BMO Financial Group Announces Monthly Cash Distributions for BMO Exchange Traded Funds

Marketwire Canada, 8:08am ET

DJ UK Political, Economic Calendar - Month Ahead

All dates are in local time Tuesday, May 21, 2013 Exp Prev Local/GMT/ET 0930/0830/0430 Apr UK producer prices Core PPI Monthly +0.1%...

DowJones Select, 7:23am ET

PIN, SINO, MLN, CVBK, IDRA, SCZ Are Seasonally Ripe To Go Down In the Next Five Weeks

BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of PowerShares India Exchange Traded Fund Trust (NYSE:PIN), Sino-Global Shipping America Ltd (NASDAQ:SINO), Market Vectors Long Municipal Index ETF (NYSE:MLN), Central Virginia...

M2, 7:03am ET

SEB: Nordic Outlook: Fight against economic slowdown escalates

Sweden under pressure to re-assess its economic policy framework The growth rate in the world economy is accelerating, but activity is still divergent and anaemic. Gross domestic product (GDP) in the 34 countries of the Organisation for...

Thomson Reuters ONE, 4:08am ET