Sources said that both Bank of China and Bank of Communications have received approval from the Taiwanese regulator to set up branches in Taiwan. Bank of China will invest TWD 1.2 billion (approx....
The Costa Rica National Bank on Jan. 10, 2012 said it has put out to tender construction of a new branch in Tamarindo, Guanacaste Province, with an estimated value of $1.5 million. The...
Byline: John W. Flores I am an honorably discharged U.S. military veteran, having served four years active duty as a search-and-rescue crewman in the U.S. Coast Guard. During that time as a SAR...
Bank of China Bangkok Branch recently established the first second-tier branch, Ratchada Branch, marking a further expansion of the bank in Thailand. Che Jun, general manager of Bank of China Bangkok Branch, said...
In a move that clears away one of the last obstacles to the deal, Madison National Bancorp shareholders at a special meeting on Friday approved the sale of the bank to FNBNY Bancorp....
Bret Sears took over last month as CEO of Island Federal Credit Union after serving as its chief financial officer. He leads the five-branch institution founded to serve LILCO, then KeySpan and National...
The presence of the U.S. Navy and U.S. Marine Corps in San Diego hasn't been lost on Navy Federal Credit Union. The world's largest credit union, with more than $47 billion in assets...
26 CFR 601.105: Examination of returns and claims for refund. credit, or abatement: determination of correct liability. (Also: Part I. sections 66, 6015.) This notice provides a proposed revenue procedure that would update...
U.S. Bancorp, the Minneapolis-based bank that has been growing in San Diego for much of the past decade, recently hired Steve Stuckey as its market president. Given the bank's recent performance--net income for...
COLUMBUS, Ohio -- Huntington Bancshares Incorporated announced that the board of directors has declared a quarterly cash dividend on its 8.50% Series A Non-Cumulative Perpetual Convertible Preferred Stock (NASDAQ: HBANP) of $21.25 per...
BOYERTOWN, Pa. -- National Penn Bancshares, Inc. (Nasdaq: NPBC) announced today that it plans to release its 4th Quarter/Year-end 2011 earnings on Thursday, January 26, 2012 prior to the market open. A conference...
LOUISVILLE, Ky. -- Republic Bancorp, Inc. is pleased to announce its fourth consecutive year of increased earnings by completing 2011 with net income of $94.1 million, a $29.4 million, or 45%, increase over...
Two Long Island-based community banks founded about four years ago closed their fiscal year on a high note, reporting profits as well as increases in assets. Empire National Bank and Gold Coast Bank,...
Other specific highlights compared with 2011 Third Quarter: * 3.38% net interest margin, up 4 basis points * 14% annualized growth in average core deposits * 2% annualized growth in average total loans,...
Big banks are taking a big run at small business. While borrowing by small businesses remains flat, U.S. Bank and some of the other large banks in town are boosting their share of...
Bank's Expansion Continues in Rhode Island WESTERLY, R.I. -- Washington Trust, the largest bank headquartered in Rhode Island, today announced its plans to open its third branch office in Cranston, Rhode Island. The...
BOSTON -- Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces that Cari-All Group Inc. (Cari-All), a leading manufacturer and distributor of retail...
CHICAGO -- PNC Financial Services Group, Inc. (PNC) reported a surprising 40% drop in net income on a sequential basis, mainly driven by large one-time items related to mortgage foreclosure-related expenses and the...
MIAMI LAKES, Fla. -- BankUnited, Inc. (NYSE:BKU) today announced that, regarding the recent articles and publicity about the Company, it has confirmed that a preliminary process did occur whereby the Company considered its...
SAO PAULO & RIO DE JANEIRO -- Fitch Ratings has assigned the following initial ratings to Banco do Estado do Rio Grande do Sul (Banrisul): --Foreign and Local Currency Long-Term Issuer Default Rating...