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Posts Tagged ‘Bank’

BofA Said to Plan Sale of China Construction Bank Stake

June 21st, 2011 Comments off

Bank of America Corp. may sell some of its $ 21 billion stake in China Construction Bank Corp. to bolster capital before new international standards take effect, said three people briefed on the plans.
BusinessWeek.com — Finance

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BofA Said to Plan Sale of Part of China Construction Bank Stake

June 20th, 2011 Comments off

Bank of America Corp. may sell some of its $ 21 billion stake in China Construction Bank Corp. to bolster capital before new international standards take effect, said three people briefed on the plans.
BusinessWeek.com — Finance

Categories: Investing Tags: , , , , , , , ,

BofA Said to Plan Sale of China Construction Bank Stake

June 20th, 2011 Comments off

Bank of America Corp. may sell part of its $ 21 billion stake in China Construction Bank Corp. to bolster capital before new international standards take effect, said three people briefed on the plans.
BusinessWeek.com — Finance

Categories: Investing Tags: , , , , , , ,

Turkish Bank Regulator Increases Reserves on Consumer Lending

June 18th, 2011 Comments off

Turkey’s banking regulator increased the reserves banks must set aside against consumer lending, the latest in a series of steps designed to slow loan growth and rein in a booming economy.
BusinessWeek.com — Finance

Capital One to Buy ING’s Online U.S. Bank for $9 Billion

June 17th, 2011 Comments off

Capital One Financial Corp., the credit-card lender that expanded into branch banking, agreed to buy ING Groep NV’s U.S. online bank for $ 9 billion to gain deposits and access to 7 million customers.
BusinessWeek.com — Finance

RBC Said to Near Sale of U.S. Bank Unit to PNC Financial

June 17th, 2011 Comments off

Royal Bank of Canada, the nation’s biggest lender by assets, is in advanced talks to sell its U.S. retail banking unit to PNC Financial Services Group Inc., people with knowledge of the matter said.
BusinessWeek.com — Finance

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Royal Bank of Canada Said to Near Sale of U.S. Bank Unit to PNC

June 17th, 2011 Comments off

Royal Bank of Canada, the nation’s biggest lender by assets, is in advanced talks to sell its U.S. retail banking unit to PNC Financial Services Group Inc., people with knowledge of the matter said.
BusinessWeek.com — Finance

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Bank of Korea May Need to Slow Rate Rises, Board Member Says

June 17th, 2011 Comments off

The Bank of Korea may need to slow the pace of interest-rate increases after its fifth move since July 2010 last week because of rising risks to the global economic outlook, a board member said.
BusinessWeek.com — Finance

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