Month: May 2014

Mexico issues more Banamex arrest warrants

Banking News – Mexico issues more Banamex arrest warrants
&nbspCiti, has purged a dozen staff at Banamex after a two-month investigation and has admitted it failed to spot warning signs of the alleged fraud
FT.com – Banks – http://www.ft.com/cms/s/0/48361b40-e8d0-11e3-b9ea-00144feabdc0.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct

Samwer brothers eye €3bn Rocket flotation

Banking News – Samwer brothers eye €3bn Rocket flotation
&nbspA mix of an incubator and a venture fund, Rocket’s funds include convey service Simple Taxi and takeaway source Foodpanda
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/e91cb9e4-e8b0-11e3-b9ea-00144feabdc0.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

I’ve been priced out of Detroit

Private Finance – I’ve been priced out of Detroit
 Read full tale for latest details.
Private finance news – CNNMoney.com – http://rss.cnn.com/~r/rss/money_pf/~3/R8KYhxHbucE/index.html

Slavie Federal in Maryland Becomes Year’s Ninth Failure

Banking News – Slavie Federal in Maryland Becomes Year’s Ninth Failure
&nbspThe Office of the Comptroller of the Currency has closed Slavie Federal Savings Bank in Bel Air, Md.
Union Banking – http://www.americanbanker.com/issues/179_104/slavie-federal-in-maryland-becomes-years-ninth-failure-1067789-1.html

Slavie Federal in Maryland Becomes Year’s Ninth Failure

Banking News – Slavie Federal in Maryland Becomes Year’s Ninth Failure
&nbspThe Office of the Comptroller of the Currency has closed Slavie Federal Savings Bank in Bel Air, Md.
Union Banking – http://www.americanbanker.com/issues/179_104/slavie-federal-in-maryland-becomes-years-ninth-failure-1067789-1.html

FDIC Looks to Ban Ex-CEO of Failed Tennessee Bank

Banking News – FDIC Looks to Ban Ex-CEO of Failed Tennessee Bank
&nbspThe Federal Deposit Indemnity Corp. is looking to ban a former Tennessee banker from the diligence later his society’s 2012 failure.
Union Banking – http://www.americanbanker.com/issues/179_104/fdic-looks-to-ban-ex-ceo-of-failed-tennessee-bank-1067787-1.html

FDIC Looks to Ban Ex-CEO of Failed Tennessee Bank

Banking News – FDIC Looks to Ban Ex-CEO of Failed Tennessee Bank
&nbspThe Federal Deposit Indemnity Corp. is looking to ban a former Tennessee banker from the diligence later his society’s 2012 failure.
Union Banking – http://www.americanbanker.com/issues/179_104/fdic-looks-to-ban-ex-ceo-of-failed-tennessee-bank-1067787-1.html

FDIC Putting Spotlight on Small Bank Data, Trends

Banking News – FDIC Putting Focus on Small Bank Data, Trends
&nbspThe addendum of a new union bank section in the Federal Deposit Indemnity Corp.’s weekly bank return report is meant to make up for distortions in how large banks drive diligence data.
Union Banking – http://www.americanbanker.com/issues/179_104/fdic-putting-focus-on-small-bank-data-trends-1067784-1.html

FDIC Putting Spotlight on Small Bank Data, Trends

Banking News – FDIC Putting Focus on Small Bank Data, Trends
&nbspThe addendum of a new union bank section in the Federal Deposit Indemnity Corp.’s weekly bank return report is meant to make up for distortions in how large banks drive diligence data.
Union Banking – http://www.americanbanker.com/issues/179_104/fdic-putting-focus-on-small-bank-data-trends-1067784-1.html

First Internet Bank Names Asset-Based Lending Director

Banking News – First Internet Bank Names Asset-Based Lending Boss
&nbspFirst Internet Bank (INBK) in Indianapolis has appointed a executive to run its asset-based lending affair.
Union Banking – http://www.americanbanker.com/issues/179_104/first-internet-bank-names-asset-based-lending-boss-1067783-1.html

First Internet Bank Names Asset-Based Lending Director

Banking News – First Internet Bank Names Asset-Based Lending Boss
&nbspFirst Internet Bank (INBK) in Indianapolis has appointed a executive to run its asset-based lending affair.
Union Banking – http://www.americanbanker.com/issues/179_104/first-internet-bank-names-asset-based-lending-boss-1067783-1.html

California Has Potential for More M&A, Stronger Pricing

Banking News – California Has The makings for More M&A, Stronger Pricing
&nbspThe appearance of several regional banks in California could prompt smaller institutions to weigh their M&A options. Higher in commission costs and limited revenue opportunities could also force more consolidation in the state.
Union Banking – http://www.americanbanker.com/issues/179_104/california-has-the makings-for-more-m-1067782-1.html

California Has Potential for More M&A, Stronger Pricing

Banking News – California Has The makings for More M&A, Stronger Pricing
&nbspThe appearance of several regional banks in California could prompt smaller institutions to weigh their M&A options. Higher in commission costs and limited revenue opportunities could also force more consolidation in the state.
Union Banking – http://www.americanbanker.com/issues/179_104/california-has-the makings-for-more-m-1067782-1.html

Brussels judge opens inquiry into UBS

Banking News – Brussels judge opens inquiry into UBS
&nbspThe Belgian investigation follows probes into UBS’s cross-border affair for wealthy clients by various other European countries
FT.com – Banks – http://www.ft.com/cms/s/0/127d5f72-e817-11e3-b923-00144feabdc0.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct

Brussels judge opens inquiry into UBS

Banking News – Brussels judge opens inquiry into UBS
&nbspThe Belgian investigation follows probes into UBS’s cross-border affair for wealthy clients by various other European countries
FT.com – Banks – http://www.ft.com/cms/s/0/127d5f72-e817-11e3-b923-00144feabdc0.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct

ECB poised to cut main interest rates

Banking News – ECB poised to cut main appeal rates
&nbspCentral bank to get backing to cut appeal rates as way of tackling threat of Japanese-style saving – counting taking deposit rate below zero
FT.com – Banks – http://www.ft.com/cms/s/0/2e315e48-e7e6-11e3-9af8-00144feabdc0.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct

ECB poised to cut main interest rates

Banking News – ECB poised to cut main appeal rates
&nbspCentral bank to get backing to cut appeal rates as way of tackling threat of Japanese-style saving – counting taking deposit rate below zero
FT.com – Banks – http://www.ft.com/cms/s/0/2e315e48-e7e6-11e3-9af8-00144feabdc0.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct

Independent in Texas in Talks to Buy Houston Community Bank: Report

Banking News – Self-determining in Texas in Talks to Buy Houston Union Bank: Report
&nbspIndependent Bank Group in McKinney, Texas, is seemingly in talks to buy Houston Union Bank.
Union Banking – http://www.americanbanker.com/issues/179_104/self-determining-in-texas-in-talks-to-buy-houston-union-bank-report-1067778-1.html

Independent in Texas in Talks to Buy Houston Community Bank: Report

Banking News – Self-determining in Texas in Talks to Buy Houston Union Bank: Report
&nbspIndependent Bank Group in McKinney, Texas, is seemingly in talks to buy Houston Union Bank.
Union Banking – http://www.americanbanker.com/issues/179_104/self-determining-in-texas-in-talks-to-buy-houston-union-bank-report-1067778-1.html

BNP Paribas: $10bn cloud

Banking News – BNP Paribas: $10bn cloud
&nbspThere is a deeper concern about dictatorial uncertainty. Penalty inflation is not just high, it is unpredictable, and that is a threat to the diligence
FT.com – Banks – http://www.ft.com/cms/s/3/53bccd8c-e804-11e3-b923-00144feabdc0.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct