Hints and tips:
...Santander Securities, the entity that plans to launch PathFinder, is a subsidiary of Santander Holdings USA. The parent is a holding company for Santander Bank....
...up to $300m, Reuters reports ** TD becomes one of the first US banks to launch contactless debit cards...
...Citigroup has recruited Greg Saksida from TD Securities to head energy investment banking in Canada, Reuters reported citing an internal memo....
...Shares in TD closed up 1.5 per cent at $64.01 and Royal Bank of Canada 0.8 per cent at $93.74. Canadian Imperial Bank of Commerce fell 1 per cent to $105.24....
...Mr Issa of TD Securities warned that the “rather swift” move to go long euro futures could signal “some risks” for the currency....
...“The yen has been a notable outperformer in G10 FX over the past month, rallying close to 3 per cent against the dollar,” noted analysts at TD Securities....
...The company has explored a bid for rival T-Mobile USA. Shares in the carrier rose 2.7 per cent to $7.90, after rallying as much as 8 per cent earlier in the day....
...T-Mobile USA recently began replacing smartphones subsidies with mobile device financing plans, while Randall Stephenson, chief executive of AT&T, said that as smartphones become ubiquitous in more mature...
...Financial institutions allegedly targeted include Automated Data Processing, E-Trade, Nordstrom Bank, PayPal, TD Ameritrade, USAA and Citibank N.A....
...This guest post is by Howard Green, anchor of the flagship interview program at Canada’s Business News Network and the author of “Banking on America: How TD Bank Rose to the Top and Took on the USA”, published...
...That, along with TAG expiration (where cash might leave banks into money funds and/or USTs), helps explains the decline in S/T....
...The global investment bank announced late on Tuesday that David Viniar, its longtime chief financial officer, would retire and be replaced by Harvey Schwartz....
...MasterCard is already partnered with Google and Sprint on digital wallet services while Verizon Communications, AT&T and T-Mobile USA have created their own wallet consortium called Isis....
...Citigroup lost 2.8 per cent to $30.45 to make it the biggest faller among the major US banks on the day....
...Chris Spahr of Credit Agricole Securities Chris Spahr joined Credit Agricole Securities (USA) in 2009 and is currently the lead analyst covering asset managers....
...They are: Bank of America, Barclays, Citigroup, Credit Suisse, Deutsche Bank, HSBC, JPMorgan Chase, Lloyds, Rabobank, Royal Bank of Canada, Bank of Tokyo-Mitsubishi , Norinchukin Bank, Royal Bank of Scotland...
...That saves money on trading fees and also allows the banks to keep spreads for themselves....
...The two private equity firms join banks such as Citibank, Bank of East Asia and HSBC in their ability to offer renminbi products....
...7) Not only are there serious questions about whether or not JPMorgan Chase, Goldman Sachs,Citibank, Wells Fargo, Sun Trust Bank, HSBC Bank USA, can continue in business, more than 1,800 regional and smaller...
...And the top five, ranked by total derivatives, are: JP Morgan Chase Bank NA – $87,362,762 Bank of America NA- $38,304,564 Citibank National ASSN – $31,887,869 Goldman Sachs Bank USA – $30,229,614 The fifth-ranked...
...So they are not exposed to the same crippling pressures that banks are....
...In deal news, TD Bank, a Canadian bank, announced a $8.5bn deal to buy Commerce Bancorp . Shares in Commerce slipped 0.4 per cent at $39.47, just shy of the $42 a share value of the deal....
...The Massachusetts Bankers Association, whose members include Bank of America, Sovereign Bank and TD Banknorth, has this week issued statements highlighting the extent of the impact of the fraud on its clients...
...Ameritrade Holding, the US discount brokerage firm, on Wednesday appeared to have approved a deal to acquire TD Waterhouse USA, a rival, for about $3bn, according to people familiar with the matter....
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