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
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
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
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 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
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
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
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