Search Results for 'Financial'

Bandhan Financial Services to apply for banking licence

Bandhan Financial Services, which has just received 135-crore equity capital from International Finance Corporation, said it will apply for a banking licence once the Reserve Bank of India finalises the guidelines for new banks. The fr [...]

Posted On : Sep, 06 2011 | Comments : 0

Investment banking drags down Stifel Financial Q1

Stifel Financial Corp posted a disappointing first-quarter profit as lower advisory fees hurt its investment banking revenue. Stifel, which bought struggling Thomas Weisel Partners Group for about $318.2 million in stock last year, said r [...]

Posted On : May, 10 2011 | Comments : 0

Summit Bank to make a difference on the financial landscape

Husain Lawai, president and CEO of the newly emerged Summit Bank has come with a focus to make a difference in the financial landscape of the country. Speaking on the occasion of unveiling of the Logo of the bank said that Summit Bank co [...]

Posted On : Feb, 08 2011 | Comments : 0

Financial Bill To Cut Bank Derivs Profits

U.S. lawmakers have agreed on the final financial overhaul bill, which will cut into trading and derivatives profits of Wall Street bank, The Wall Street Journal reports. The ‘Volcker Rule’ will restrict high-risk trading for [...]

Posted On : Jun, 28 2010 | Comments : 0

Bank stocks soar on financial regulation agreement

After months of angst over the government's plans to regulate the financial industry, investors are able to relax. And they've showed their relief by sending bank stocks soaring. Financial companies have outdistanced the re [...]

Posted On : Jun, 26 2010 | Comments : 0

Obama Bank Curbs May Not Leave US Financial System Much Safe...

President Barack Obama’s proposal to impose limits on commercial banks may win him support on Main Street and shake up Wall Street without doing much to make the financial system safer overall. The plan, which is still lacking in det [...]

Posted On : Jan, 22 2010 | Comments : 0

Bank of England suggests financial shake-up

The idea was raised by the highly respected governor of the Bank of England, Mervyn King, who has launched a blistering attack against the British Government which he says has still done virtually nothing to reform the banking sector. Merv [...]

Posted On : Oct, 22 2009 | Comments : 0

MB Financial Bank Acquires Deposits and Loans of InBank

Mitchell Feiger, president and CEO of MB Financial, Inc. (NASDAQ: MBFI) announced that MBFI’s subsidiary, Chicago-based MB Financial Bank, N.A., acquired the deposits and loans of Oak Forest-based InBank at the close of business today [...]