BFC Financial buys 2M bankatlantic shares Bizjournals.com, NC Fort Lauderdale-based BFC Financial Corp. increased its majority ownership stake in bankatlantic Bancorp by recently buying 2 million shares of its Class A stock on the open market, BFC said in a news release Thursday. The purchase by BFC (Pink Sheets: ... |
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China Shares End Up On Bargain Hunting In Financial Firms - Wall Street Journal
![]() Proactive Investors Australia | China Shares End Up On Bargain Hunting In Financial Firms Wall Street Journal SHANGHAI (Dow Jones)--Late-session bargain hunting in financial companies, partly on gains in Asian bourses, sent China shares higher Thursday. The benchmark Shanghai Composite Index, which tracks both A and B shares, ended up 1.4% at 2379.88. ... China markets rise, led by financials and agriculture |
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Sumitomo Mitsui Posts $3.9 Billion Loss - New York Times
AFP | Sumitomo Mitsui Posts $3.9 Billion Loss New York Times, United States By BETTINA WASSENER HONG KONG — Sumitomo Mitsui Financial Group, one of Japan’s three so-called “megabanks,” on Thursday reported a full-year loss of nearly $4 billion and said it planned to raise $8 billion via a new share offer. ... Sumitomo Mitsui FG Expects FY Loss,To Issue More Shrs Sumitomo Mitsui ‘Reality Check’ Hints at Cracks in Bank Capital Fitch may cut largest Japanese banks' credit ratings |
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New program intends to bring needful financial planning to Oakland ... - San Jose Mercury News
New program intends to bring needful financial planning to Oakland ... San Jose Mercury News, USA Arnold Schwarzenegger, Bank On Oakland is a program pairing community organizations with financial institutions to make the sometimes-forbidding world of personal banking more accessible and understandable, officials said. "This is largely about giving ... |
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US Stocks Higher; Financials Gain On Wells Fargo Remarks - Wall Street Journal
![]() ABC News | US Stocks Higher; Financials Gain On Wells Fargo Remarks Wall Street Journal By Peter A. McKay and Geoffrey Rogow Upbeat remarks from Wells Fargo sparked big gains in the financial sector, which led the broader market higher on Thursday. The Dow Jones Industrial Average was up 171 points, north of 8000. ... Stocks Jump On Financial-Sector Rally Financial Winners and Losers: Wells Fargo Wells Fargo's big profits, and what that means for the financial ... |
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Meet the CEO: John Koelmel of First Niagara - Bizjournals.com
![]() RTT News | Meet the CEO: John Koelmel of First Niagara Bizjournals.com, NC John Koelmel is CEO of First Niagara Financial Group Inc., the newest entrant into Pittsburgh's banking sector. First Niagara Financial Group CEO John Koelmel, 56, was a career accounting executive hired by First Niagara as CFO in early 2004. ... First Niagara Financial Group Rose to Nearly Two-Month High Tuesday First Niagara Up On Deal For National City Branches PNC Sells Branches to First Niagara, Marquette |
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Fed's Hoenig: Ad Hoc Approach To Credit Troubles Problematic - Wall Street Journal
Fed's Hoenig: Ad Hoc Approach To Credit Troubles Problematic Wall Street Journal By Michael S. Derby Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--A veteran Federal Reserve official argued Thursday against what he sees as an ad hoc official response to the credit crisis, and said insolvent financial institutions should be resolved ... Hoenig Says Few Big US Banks to Need More Bailouts (Adds comments, byline) KC Fed chief says fix not yet made |
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Some Financial Cos' Pensions Fell In 2008, But Others Gained - Wall Street Journal
Some Financial Cos' Pensions Fell In 2008, But Others Gained Wall Street Journal By Lynn Cowan Of DOW JONES NEWSWIRES US banks and other financial companies' pensions came into 2008 better funded than in other industries, but some took a beating during the market meltdown while others actually gained ground. ... |
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US Bank to buy part of AmeriServ Financial - Bizjournals.com
US Bank to buy part of AmeriServ Financial Bizjournals.com, NC US Bank will acquire the corporate trust bond administration business of AmeriServ Financial Inc., the companies announced Wednesday. The AmeriServ acquisition will increase US Bank’s presence in the Pennsylvania market, and increases US Bank’s ... US Bancorp to buy AmeriServ's corp bond business US Bank to take over AmeriServ's corporate trust bond ... US Bank to buy AmeriServ corporate trust bond unit |
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