The European Union’s top securities regulator is recommending the release of the bank stress-test results at night or on a weekend when global stock markets are closed, according to a person familiar with the situation.
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 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
PNC Financial Services Group Inc. may pay $ 3.45 billion in cash and stock for U.S. assets of Royal Bank of Canada, 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
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
Prada SpA raised HK$ 16.7 billion ($ 2.14 billion) in its Hong Kong initial public offering after pricing the shares below the middle of the marketed range, according to two people familiar with the matter.
BusinessWeek.com — Finance
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