CIT Group Inc. announced an expansion of its investment management and advisory capabilities that provides increased capacity and flexibility to finance private equity sponsor-owned middle market companies across a diverse range of industry...
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July 23, 2019, 07:30 AM
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The Independent Community Bankers of America® (ICBA) President and CEO Camden R. Fine sent a letter to Federal Reserve Chair Janet Yellen, Comptroller of the Currency Thomas Curry, FDIC Chairman Martin Gruenberg, Securities and Exchange Commission...
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June 02, 2015, 07:07 AM
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Element Financial Corporation ("Element" or the "Company"), Canada's leading independent equipment finance company, today announced that it has entered into a definitive agreement with Marubeni America Corporation and Marubeni Corporation...
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November 09, 2012, 08:00 AM
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CFO reports the rules on liquidity levels set by the Basel III framework for bank capital could curtail banks’ appetite for underwriting lines of credit for companies. The article makes reference to recent panel of bankers and risk managers brought...
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October 01, 2012, 07:45 AM
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Reuters reports Britain's top financial watchdog delivered a 10-point plan to fix LIBOR but stopped short of scrapping the benchmark interest rate in a much-awaited reform of a system plagued by scandal."The system is broken and needs a complete...
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September 28, 2012, 07:33 AM
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Bloomberg reported that according to Barlclays Plc., GE Capital is poised to become a better risk than JPMorgan Chase in the $24.8 trillion credit-default swap market for the first time in more than four years. The Bloomberg report quotes Brian...
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August 15, 2012, 07:42 AM
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Reuters reported that nine of the largest global banks expressed confidence they can be salvaged or dismantled without taxpayer bailouts if they became insolvent, as U.S. regulators released public portions of these banks' "living wills".According to...
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July 05, 2012, 08:00 AM
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Bloomberg reported that Robert Diamond, chief executive officer of Barclays, sought to blame other banks for misleading markets about their ability to borrow and regulators for turning a blind eye.According to the report, Diamond said he was...
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July 05, 2012, 07:30 AM
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Reuters reported Barclays CEO Bob Diamond quit on Tuesday related to the interest rate-rigging scandal that spans more than a dozen major banks across the world.According to the report, Diamond's resignation was effective immediately and outgoing...
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July 03, 2012, 06:28 AM
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Reuters reported that Britain said on Thursday it had brought in the fraud squad to investigate possible crimes and would tighten laws over attempts to manipulate lending rates resulting from the recent scandal involving Barclays, which is expected...
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June 29, 2012, 08:00 AM
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The following is an excerpt of the press release issued by Moody's Investors Service.New York, June 21, 2012 – Moody's Investors Service today repositioned the ratings of 15 banks and securities firms with global capital markets operations. The...
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June 22, 2012, 07:45 AM
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Bloomberg Businessweek reported that the Federal Reserve Bank of New York is seeking bids for $7.49 billion of collateralized debt obligations linked to commercial mortgages it took on in the 2008 bailout of American International Group Inc. (AIG)....
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April 19, 2012, 07:00 AM
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