|Filed Under:||Business & Finance|
|Posts on Regator:||10727|
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|Archived Since:||December 12, 2008|
The humming home mortgage business is expected to have slowed at most banks in the first quarter--but not at Valley National Bancorp, according to the bank's chief executive.
Cutting through the charges and counter charges of the fight there is an important lesson for activist hedge funds that take on a proxy fight: you better bring your "A" game.
Blackstone Group LP discussed selling a portfolio of retail properties to shopping-center giant Kimco Realty Corp., according to people familiar with the discussions. But the talks collapsed earlier this year, one of the people said...
It's a good thing that insider trading by auditors doesn’t happen more often – because it's almost impossible to prevent altogether, and it can do a lot of damage.
Wells Fargo executives touted first quarter results as the best earnings results in the company’s history. Not everyone agrees.
Most companies finding themselves in the midst of an $11 billion bidding war between a club of private equity firms and a rival may be content to sit back and see what’s happening. Not Life Technologies
J.P. Morgan Chase & Co. Chief Executive Officer Jamie Dimon was silent Friday about the bad bets in 2012 placed by a trader nicknamed the London Whale.
M&T Bank said the Federal Reserve has expressed concerns about its anti-money-laundering compliance program and other procedures, concerns that will slow its pending $3.7 billion purchase of Hudson City Bancorp Inc.
Wells Fargo isn't one of the banks with a big cost-cutting effort, though expenses did drop 5% on-year and 4% sequentially in fourth quarter.
Chief Executive James Dimon gave no guidance Friday on a conference call Friday as to how he might react if shareholders vote next month to strip him of his chairmanship.
The biggest bank in the country J.P. Morgan claimed the top spot in M&A advisory in the quarter but its top billing in debt meant a whole lot more it looks like.
Wells Fargo's first-quarter profit jumped 22%, topping Street estimates, as the San Francisco bank reported stronger credit, although it logged lower mortgage-banking income and its closely watched net interest margin continued to decline.
J.P. Morgan and its Chairman and CEO Jamie Dimon painted a bleak picture of the consumer and small business lending environment Friday morning.
J.P. Morgan's first-quarter net income jumped 33% as the bank logged strong results from its investment banking arm, while expenses fell and credit strengthened.
Vietnam, which hasn’t sold a foreign-currency bond since 2010, has hired banks to arrange meetings with foreign investors from Thursday, but was coy about its future debt issuance plans.
JPMorgan Chase & Co.'s Southeast Asia investment-banking head Philip Lee has left the bank, according to a bank spokeswoman Friday.
Telecom Italia SpA is continuing with talks on a possible merger with Hutchison Whampoa Co.’s 3 Italia unit, but analysts are skeptical whether a deal will happen.
Standard & Poor’s Ratings Services has downgraded Thai Beverage PCL’s credit rating following the company’s multibillion takeover of Singapore’s Fraser & Neave Ltd. earlier this year.
It may be time for Crown Ltd. to double down as the steady rise in its shares for the better part of the past year has increased the value of scrip in any potential bid for rival Echo Entertainment Group Ltd.
U.S. private-equity giant KKR & Co. said Friday that it has agreed to acquire a controlling stake in Indian tire maker Alliance Tire Group from Warburg Pincus LLC, according to a statement.