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Five Star Bank to acquire eight new branches in New York
Warsaw-based Five Star Bank has entered into definitive agreements to acquire four retail banking branches currently owned by HSBC Bank USA, and four retail banking branches currently owned by First Niagara Bank.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
SGX names Glenn Seah as head of Compliance
Singapore Exchange (SGX) has appointed Glenn Seah as senior vice president and head of compliance with effect from 7 February 2012 to drive SGX's compliance with local and international regulations and best practices.
Intermediaries > ECN & Exchanges > News
Intermediaries > ECN & Exchanges > News
SunTrust Banks Q4 net income up 33%
SunTrust Banks has reported a net income of $152m, or $0.28 earnings per diluted share, for the fourth quarter of 2011, compared to $114m, or $0.23 earnings per diluted share, for the same period in 2010.
Banking Services > Commercial Banking > News
Banking Services > Commercial Banking > News
Community Bank System to buy 19 First Niagara, HSBC branches
Community Bank System has signed purchase and assumption agreements to acquire 19 branch-banking locations from First Niagara Bank and HSBC Bank USA.
Banking Services > Commercial Banking > News
Banking Services > Commercial Banking > News
Waterloo Investment names chairman, CEO
Waterloo Investment Holdings (WIHL) has named Caroline van Scheltinga as its first chairman and CEO.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
Kuwait CMA, HSBC ink deal on stock exchange privatization
Kuwait's Capital Markets Authority (CMA) has appointed HSBC to help the privatization of the country's stock exchange.
Intermediaries > ECN & Exchanges > News
Intermediaries > ECN & Exchanges > News
BNY Mellon names head of Derivatives360 business
BNY Mellon has hired Nadine Chakar as head of its Derivatives360 business, which comprises a broad array of offerings for issuers and investors involving the execution and processing of derivatives.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
Clearstream, Strate sign LOI for collateral management service
Clearstream and Strate, the South African central securities depository, have signed a Letter of Intent (LOI) aimed at exploring a new triparty collateral management service for South Africa.
Intermediaries > ECN & Exchanges > News
Intermediaries > ECN & Exchanges > News
PNC Financial Q4 net income declines
PNC Financial Services Group has reported a net income of $451m, or $0.85 per diluted share, for the fourth quarter of 2011, compared to $798m, or $1.50 per diluted share, for the same period in 2010.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Barclays hires head of trade, working capital for Middle East
Barclays has appointed Kersi Patel as head of Trade and Working Capital for Middle East.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
American Express Q4 net income rises 12%
American Express has reported a net income of $1.19bn, or $1.01 per diluted share, for the fourth quarter of 2011, compared to $1.06bn, or $0.88 per diluted share, for the same period in 2010.
Banking Services > Payments > News
Banking Services > Payments > News
BlackRock Q4 net income down 16%
BlackRock has reported a net income of $555m, or $3.05 per diluted share, for the fourth quarter of 2011, compared to $657m, or $3.35 per diluted share, for the same period in 2010.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
Lime Brokerage unveils new risk management tool
Lime Brokerage has launched a new risk management application, LimeDirect that offers near frictionless trading by allowing the client to control the market drivers and network.
Intermediaries > Prime Brokerages > News
Intermediaries > Prime Brokerages > News
Prosperity Bancshares to acquire The Bank Arlington
Prosperity Bancshares has agreed to acquire The Bank Arlington, which operates one banking office in Arlington, Texas, in the Dallas-Fort Worth Metroplex.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
BNY Mellon restructures Asset Servicing management team
BNY Mellon has reorganised its Asset Servicing management team and has named Vince Sands as deputy CEO of Asset Servicing.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News