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European Central Bank to pump EUR1.1 trillion into eurozone economy The Governing Council of European Central Bank (ECB) is set to pump at least €1.1 trillion (£834bn) into the eurozone economy and announced an expanded asset purchase program amounting to €60bn. News
European Central Bank to pump EUR1.1 trillion into eurozone economy By BBR Staff Writer
The Governing Council of European Central Bank (ECB) is set to pump at least €1.1 trillion (£834bn) into the eurozone economy and announced an expanded asset purchase program amounting to €60bn.
News South Africa's Standard Bank plans to open representative office in Ethiopia By BBR Staff Writer
Standard Bank intends to open a representative office in Ethiopia by the end of March 2015 in a bid to bolster relationships with local businesses.
News RBC to acquire US commercial bank City National for $5.4bn By BBR Staff Writer
Royal Bank of Canada (RBC) has signed a merger agreement to acquire the US-based private and commercial bank City National in a transaction worth about $5.4bn.
News
WesBanco and ESB Financial announce shareholders approve merger agreement Shareholders of WesBanco have approved the issuance of shares of WesBanco common stock in connection with the previously announced agreement and plan of merger pursuant to which ESB Financial will merge with and into WesBanco.
News Synovus announces enhanced mobile banking app Synovus Bank has launched a new Mobile Banking App which offers Mobile Deposit, a service that allows customers to make deposits with their smartphones; Pay People, an on-the-go service that allows mobile customers to send money to individuals via an email address or cell number; and Instant Balances, which gives customers the ability to check account balances without logging into their account.
News First National Bank to offer Apple Pay First National Bank, the largest subsidiary of FNB, will make Apple Pay available to customers beginning in the first quarter of 2015.
News

Latest News and Insight by Sector

Banking Services

RBC to acquire US commercial bank City National for $5.4bn
By BBR Staff Writer
Royal Bank of Canada (RBC) has signed a merger agreement to acquire the US-based private and commercial bank City National in a transaction worth about $5.4bn.
News
Italy introduces new banking reform
By BBR Staff Writer
Italy has introduced a new banking reform in an effort to change shareholder voting rules in the country's popolari or cooperative lenders.
News

Wealth & Assets Management

Permira offers $2.6bn to acquire Italian bank ICBPI
By BBR Staff Writer
Private equity fund Permira has offered €2.2bn ($2.6bn) to acquire Italian bank Istituto Centrale delle Banche Popolari Italiane (ICBPI) from a group of cooperative banks.
News
Standard Chartered to shut equities operations
Standard Chartered is set to close its loss-making institutional cash equities, equity research and equity capital markets operations.
News

Intermediaries

Commerzbank to close FXPB business
By BBR Staff Writer
German banking and financial services company Commerzbank plans to close its Foreign Exchange Prime Brokerage (FXPB) business in an effort to reallocate resources in its Market Services business.
News
Cebulon selects Tbricks derivatives trading platform
Cebulon, the Amsterdam-based derivatives market maker, has selected Tbricks as the backbone of their market making and derivatives trading business.
News

Technology

ICICI Bank India launches 'Pockets by ICICI Bank' for NRI customers
ICICI Bank has announced the launch of 'Pockets by ICICI Bank', a new desktop application that enables its NRI customers across the globe to access their bank accounts on Facebook.
News
SIFMA submits cybersecurity testimony to Senate Banking Committee
SIFMA today released the following excerpts from a testimony submitted to the Senate Banking, Housing, and Urban Development Committee's hearing entitled "Cybersecurity: Enhancing Coordination to Protect the Financial Sector":
News

Policies & Regulatory Compliance

European Central Bank to pump EUR1.1 trillion into eurozone economy
By BBR Staff Writer
The Governing Council of European Central Bank (ECB) is set to pump at least €1.1 trillion (£834bn) into the eurozone economy and announced an expanded asset purchase program amounting to €60bn.
News
Italy introduces new banking reform
By BBR Staff Writer
Italy has introduced a new banking reform in an effort to change shareholder voting rules in the country's popolari or cooperative lenders.
News

Risk Management

Financial Institutions enters into assurance of discontinuance with New York state
Financial Institutions, the parent company of Five Star Bank, has signed an Assurance of Discontinuance with the New York State Attorney General’s office related to an investigation into lending practices for minority residents within the City of Rochester.
News
iCreate Software now known as Fintellix Solutions
By BBR Staff Writer
iCreate Software, a banking compliance, risk and analytics solutions provider, has changed its brand name to Fintellix Solutions.
News

Australia Construction Equipment: Market Update 10 November 2013 This report is the result of Timetric’s extensive market research covering the construction equipment market in Australia. It contains detailed data on market dynamics along with latest industry happenings and leading industry players. "Australia Construction Equipment: Market Update" provides a top-level overview and detailed insight into the operating environment of the construction equipment market in Australia. It is an essential tool for companies active across Australia construction value chain and for new players considering to enter the market. Reports Buy online from $700