Banking

US, UK Central Bankers Say Bank Rules Too Complex

By Jason Douglas LONDON--Two senior central bankers on Friday said banking rules are too complex and simpler regulations would aid competition and foster innovation in banking in the U.S. and U.K. Andrew Haldane, executive...

DowJones Select, 10:08am ET

ECB: Banks To Repay EUR8.12 Bln In LTRO Funds Next Week

By Geoffrey T. Smith <p>Euro-zone banks will repay slightly more of their long-term borrowings from the European Central Bank next week, the ECB said Friday, bringing the total amount repaid since January to nearly 290 billion euros. The ECB...

DowJones, 10:08am ET

China's bank card transactions exceed 100 tln yuan

China's bank card transactions in the first quarter totaled 100.27 trillion yuan (16.21 trillion U.S. dollars), up 19.34 percent from the same period last year, the country's central bank said on Friday. A total of 10.63 billion...

Xinhua, 10:08am ET

DJ Deutsche Bundesbank VP: Fed Proposals on Foreign Banks Not Helpful for Supervision

By Christopher Lawton <p>FRANKFURT--Germany's top banking supervisor urged the U.S. to abandon its insistence on forcing big foreign banks to operate through separately capitalized subsidiaries, warning it could trigger a chain reaction in Europe...

DowJones Select, 1:33pm ET

McColl: Smaller banks need more access to talent

Hugh McColl Jr. says smaller banks are having a tough time attracting skilled employees compared with their bigger peers. The former chairman and CEO of Bank of America hopes to help do something about that. He's throwing his support...

McClatchy-Tribune Informa, 5:43pm ET

Banco de Credito e Inversiones Enters Definitive Agreement to Purchase City National Bank of Florida

City National Bank announced today that its parent company Bankia has signed a definitive agreement to sell the Miami-based community bank to Banco de Credito e Inversiones (Bci). Bci agreed to purchase City National Bank of Florida for...

Marketwire, 3:48pm ET

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Otelco Inc. announced that it has emerged from bankruptcy and completed its balance sheet restructuring process, including an extension of its senior credit facility. "Today, we completed the actions necessary to implement...

BusinessWire, 11:48am ET

Highest Earnings Yield in the Investment Banking & Brokerage Industry Detected for Goldman Sachs Group (GS, INTL, PJC)

Below are the three companies in the Investment Banking & Brokerage industry with the highest earnings yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the...

Financial News Network On, 11:23am ET

Top 3 Companies in the Other Diversified Financial Services Industry With the Highest Earnings Yield (JPM, C, BAC)

Below are the three companies in the Other Diversified Financial Services industry with the highest earnings yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the...

Financial News Network On, 11:08am ET

Bid to Annul 2008 ZB Deal

FINANCIAL conglomerate, ZB Holdings faces an uncertain future amid revelations that former majority shareholders in Intermaket Holdings (IHL), mainly Nicholas Vingirayi's Transnational Holdings, together with Econet Wireless Holdings Limited,...

All Africa Global Media, 11:08am ET

Daily Mail, London, market report column

JOVIAL Richard Hunter, head of equities at Hargreaves Lansdown Stockbrokers, hit the nail on the head when he said yesterday that 'investors had been feeling a little giddy and, to some extent, were looking for an excuse to take profits'....

McClatchy-Tribune Informa, 10:58am ET

Uptrend Call Working As CoBiz Financial Stock Rises 20.5% (COBZ)

SmarTrend identified an Uptrend for CoBiz Financial (NASDAQ:COBZ) on December 19th, 2012 at $7.38. In approximately 5 months, CoBiz Financial has returned 20.54% as of today's recent price of $8.89. Over the past year, CoBiz Financial...

Comtex SmarTrend(R), 10:53am ET

AME Info, Abu Dhabi, United Arab Emirates, banking briefs

HSBC INKS EXCLUSIVE DEAL TO DISTRIBUTE GENERAL INSURANCE PRODUCTS IN MENA: HSBC Middle East has signed an exclusive 10-year agreement with Zurich Insurance Middle East to distribute its personal and commercial General Insurance products in the...

McClatchy-Tribune Informa, 10:53am ET

DJ UK Political, Economic Calendar - Month Ahead

All dates are in local time Friday, May 24, 2013 Exp Prev Local/GMT/ET 0930/0830/0430 Apr BBA main high street banking groups statistics Gross Mortgage Lending, GBP...

DowJones Select, 7:28am ET

Degrees of Importance: BMO Poll Reveals How Businesses Rank Personality, Skills and Education When Hiring Students

As many students close the books on their educational pursuits and prepare their resumes for life in the workforce, a BMO Bank of Montreal survey released today shows personality traits outrank both credentials and education for many employers...

Marketwire, 7:08am ET

Degrees of Importance: BMO Poll Reveals How Businesses Rank Personality, Skills and Education When Hiring Students

Marketwire Canada, 7:08am ET

PBIB, JXI, SMI, FDML, BCOM, UWM Are Seasonally Ripe To Go Down In the Next Five Weeks

BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Porter Bancorp Inc (NASDAQ:PBIB), iShares S&P Global Utilities Sector Index Fund (NYSE:JXI), Semiconductor Manufacturing International Corp (NYSE:SMI), Federal-Mogul Corp...

M2, 5:33am ET

New bank licences: The contenders

The deadline for applying for a banking licence expires on 1 July. At least two dozen companies, both in the private and public sectors, are busy drawing up plans for their entry into banking, being opened up again a decade after the Reserve Bank...

McClatchy-Tribune Informa, 4:23am ET