Hints and tips:
...books closed on that combination, we now have the official figures from quarterly reports and securities filings on all four of the major bank M&A rescues since the early spring crisis: New York Community Bancorp...
...There are two dozen banks in the US with Pacific in their name, including Pacific National Bank, which is based in Miami, a city that is on the coast of the Atlantic Ocean....
...Silicon Valley Bank had tried to sell stock to raise capital in conjunction with an equity raise from the firm General Atlantic....
...Mr Schutz said he thought that other large regional banks such as US Bancorp and PNC, with assets over $200bn, would be looking for deals that are “mathematically attractive” in the same way, and looking...
...Mr Hill — a brash, sharp-suited American who was in the year above Donald Trump at University of Pennsylvania’s Wharton School — is a unique figure in banking on both sides of the Atlantic....
...Richard Davis, chief executive of US Bancorp — the country’s fifth-largest listed lender by assets — gave a sense of banks’ anguish about monetary policy a year ago when he said waiting for rates to rise...
...The company is seeking to reduce the cost of launches by recovering the first-stage rockets that are normally allowed to drop into the Atlantic after launch....
...Only one bank, Utah-based Zions Bancorp, was rejected because it failed to meet the minimum tier one common capital ratio of 5 per cent....
...In January, US Bancorp purchased 103 branches around the Chicago area from Citizens....
...Richard Staite, an analyst at Atlantic Equities, said he expects Goldman may post a return on equity of only 8.2 per cent for the quarter – less than its estimated 10 per cent cost of funding and far less...
...“There’s no doubt that some US banks have benefited from a flight to safety,” said Richard Staite, US banks analyst at Atlantic Equities....
...James Cordwell, tech analyst at Atlantic Equities, said Netflix was suffering a “slow bleed” because of investor uncertainty over the company’s strategy, in the wake of a decision to separate the physical...
...Richard Staite, US banks analyst at Atlantic Equities, said another refinancing spike, “would be helpful but not a game changer”....
...The IRS has been battling six US banks – BB&T Corp, Bank of New York Mellon Corp, Sovereign Bancorp (now a unit of Banco Santander), Wachovia Corp, Washington Mutual Inc and Wells Fargo & Co – over tax credits...
...still in distress and so much of the private equity industry awash with funds, perhaps the biggest surprise of recent months has been the dearth of buy-out activity directed at banks on both sides of the Atlantic...
...Elsewhere in the banking sector, East West Bancorp surged 55 per cent to $13.41 after the California-based bank purchased its main rival United Commercial Bank (UCB), which was seized by regulators last...
...The Trump Organisation’s portfolio of residential, commercial, hotel, and golf properties has expanded all over the world, while Trump Entertainment has yet to diversify outside of Atlantic City.”...
...Profits fell at US Bancorp, which operates in the western two-thirds of the country, as well as at south-east bank Regions Financial and at M&T Bank, based in the mid-Atlantic region....
...Fans of the George Clooney film will recall that the perfect storm was caused by the convergence of a hurricane off the Atlantic seaboard, an area of low pressure south of Nova Scotia and a cold front swooping...
...Royal Bank of Scotland led the London market into a decline on Tuesday as the crisis of confidence in America’s regional banking sector crossed the Atlantic....
...Ask Sovereign Bancorp whether hedge funds matter in the equity market. The US regional bank is locking horns with Relational Investors, an activist fund and its largest shareholder....
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