Month: December 2012

Banking News – TF Fiscal in Pa. to Buy Roebling in N.J.
&nbspThe deal would expand TF’s reach in New Jersey. It now has a dozen twigs in Pennsylvania and two outside of Trenton, N.J. Roebling has five twigs south of Trenton.
Union Banking – http://www.americanbanker.com/issues/177_249/tf-fiscal-in-pennsylvania-to-buy-roebling-in-new-jersey-1055504-1.html

Banking News – Mid Penn Bancorp in Pa. Redeems Tarp Shares
&nbspMid Penn Bancorp in Millersburg, Pa., has repaid the $10 million it owes the Uneasy Asset Relief Program.
Union Banking – http://www.americanbanker.com/issues/177_249/mid-penn-bancorp-in-pennsylvania-redeems-tarp-shares-1055501-1.html

Banking News – MB Fiscal Buys Gear-Leasing Affair
&nbspMB Fiscal Bank in Chicago has bought Celtic Leasing, a privately held gear-leasing company.
Union Banking – http://www.americanbanker.com/issues/177_249/mb-fiscal-buys-gear-leasing-affair-1055500-1.html

Banking News – United Union Completes Donation for Conversion
&nbspUnited Union Bancorp in Lawrenceburg, Ind., has raised enough funds from its union donation to perfect its second-step conversion.
Union Banking – http://www.americanbanker.com/issues/177_249/united-union-completes-donation-for-conversion-1055498-1.html

Banking News – Union Banks Swoop in on B of A’s Uninvited Twigs
&nbspLittle guys are getting a rare chance to feast at a huge guy’s expense. Small banks nationally are keenly buying dozens of twigs from B of A, which must slim down. But, the buyers are at risk of gorging themselves.
Union Banking – http://www.americanbanker.com/issues/177_249/union-banks-swoop-in-on-b-of-a-s-uninvited-twigs-1055494-1.html

Banking News – FDIC Takes Action Against Contract Bank in Chicago
&nbspCovenant Bank in Chicago could fail if it does not raise fresh capital soon.
Union Banking – http://www.americanbanker.com/issues/177_249/fdic-takes-action-against-contract-bank-in-chicago-1055490-1.html

Banking News – C1 Bank, U.S. Century Call Off Merger
&nbspUnable to seal their deal, the Florida companies have instead struck a new contract that would still give C1 a footing in the Miami area.
Union Banking – http://www.americanbanker.com/issues/177_249/c1-us-century-call-off-merger-1055488-1.html

Banking News – BankUnited Opens Four Twigs in South Florida
&nbspBankUnited is rising its trace in the Sunshine State.
Union Banking – http://www.americanbanker.com/issues/177_249/bankunited-opens-four-twigs-in-south-florida-1055487-1.html

Banking News – United Union Extends Stock Donation to Aid Conversion
&nbspUnited Union Bancorp in Lawrenceburg, Ind., is extending its union donation after getting insufficient orders for stock to perfect its second-step conversion.
Union Banking – http://www.americanbanker.com/issues/177_249/united-union-extends-stock-donation-to-aid-conversion-1055486-1.html

Banking News – FDIC Terminates Action Against HomeStreet Bank in Seattle
&nbspThe Federal Deposit Indemnity Corp. has terminated an enforcement action against HomeStreet Bank in Seattle.
Union Banking – http://www.americanbanker.com/issues/177_249/fdic-terminates-action-against-homestreet-bank-in-seattle-1055485-1.html

Banking News – Carlyle swoops on boutique bank
&nbspThe deal would bring to an end a five-year stint in the public markets for Duff & Phelps at just under the IPO price when it listed in 2007
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/46b57cfc-52d1-11e2-8e1b-00144feab49a.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

Banking News – FSA bid poses retail risk to Reits
&nbspWatchdog’s clearout to stop UK fiscal advisers from marketing exotic funds to run of the mill investors could include Reits
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/4c07824a-501f-11e2-a231-00144feab49a.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

Banking News – Buyout firms see decline in IPO cash
&nbspWorldwide, companies backed by private equity raised $20.5bn through IPOs between January and November, much down on $38.6bn raised in 2011
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/22924310-527b-11e2-8e1b-00144feab49a.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

Banking News – Wales eyes numbers in financials push
&nbspThe regime in Cardiff is seeking to raise the number of people working in the certified air force sector to about 200,000 by 2021
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/aa4d435a-50e0-11e2-9623-00144feab49a.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

Banking News – UK fiscal advisers – not free at last
&nbspWorthy reform gives professionals greater range but could have accidental penalty – such as more DIY investing
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/3/6825d260-4b65-11e2-88b5-00144feab49a.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

Banking News – Bond issuance by banks hits a 10-year low
&nbspWith just a day to go until the end of the year, global debt issuance by banks stands at $1.26tn – the lowest since 2002 – according to figures from Dealogic
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/ee0ab540-510e-11e2-9623-00144feab49a.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

Banking News – Spot in derivatives haunts Deutsche
&nbspFormer employees’ submissions to the SEC follow a common theme that Deutsche should have booked billions of dollars of losses during 2007-2009
FT.com – Banks – http://www.ft.com/cms/s/0/b2f29dce-527b-11e2-8e1b-00144feab49a.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct