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BRIEF-National Bank Of Canada Announces Increase To NVCC Preferred Share Issue
* NATIONAL BANK OF CANADA ANNOUNCES INCREASE TO NVCC
Source text for Eikon:
Further company coverage:
Smaller PSBs beat giants in dash to NCLT, Bank of Baroda tops with 55 cases
Smaller banks have been more agile in the initial days of the Insolvency framework by moving more cases to the National Company Law Tribunal (NCLT). While among the large banks Bank of Baroda led the list, Uco Bank, Bank of Maharashtra, Dena bank have initiated more NCLT proceedings than their larger rivals such as State Bank of India and Punjab National Bank. SBI, however, led the list in terms of value having initiated 18 cases with Rs 340.97 billion at stake, as of September 30. In all total amount assets under these proceedings as of September 30, stood at Rs 1.07 trillion. The total number of cases stood at 330. there could be many common cases, where more than one lender is involved. Business Standard compiled these details from responses obtained through Right to information (RTI). While seventeen banks shared the details under RTI, Indian Overseas Bank and IDBI refused to share the details citing commercially sensitive nature of the information. The Reserve Bank of India said .
BRIEF-National Bank Holdings Corp Announces Completion Of Peoples Inc Acquisition
National Bank Holdings Corp(NBHC): * NATIONAL BANK HOLDINGS CORPORATION ANNOUNCES COMPLETION OF PEOPLES, INC. ACQUISITION Source text for Eikon: Further company coverage:
BNY Mellon freezes $22 billion of Kazakhstan assets: source
The Bank of New York Mellon (BK) has frozen $22 billion in Kazakhstan's oil-generated National Fund's assets over a lawsuit launched by Moldovan businessman Anatolie Stati and his companies against the Kazakh government, a source familiar with the case said on Thursday. Kazakhstan's National Bank has in turn filed a lawsuit against BNY Mellon.
METALS-London copper drifts from near two-month top
(Adds comment, detail, updates prices)
By Melanie Burton
MELBOURNE, Dec 21 (Reuters) - London copper slipped on
Thursday from a near two-month high hit the session before on
year-end profit-taking, with prices supported by a softer dollar
and a sturdy demand outlook from China.
Chinese demand growth is expected to be slow but stable into
2018, while the pickup in global activity should support copper
demand, National Australia Bank said in a report.
"Downside risks remain aroun
BRIEF-Park Lawn Corporation Announces New Credit Facility
Park Lawn Corp(PRRWF): * PARK LAWN CORPORATION ANNOUNCES NEW CREDIT FACILITY. * PARK LAWN CORP SAYS CLOSING OF A NEW SYNDICATED BANK FINANCING ARRANGEMENT LED BY NATIONAL BANK OF CANADA. * Park Lawn Corp(PRRWF) - NEW FINANCING ARRANGEMENT HAS A TERM OF FIVE YEARS AND "MORE THAN TRIPLES" CO'S BORROWING CAPACITY TO $125 MILLION Source text for Eikon: Further company coverage:
Deutsche Bank has been asked for info on Flynn transactions: WSJ
Deutsche Bank has been asked by U.S. Special Counsel Robert Mueller to hand over information about transactions that could be linked to Michael Flynn, the former national security adviser who has pleaded guilty to lying to the FBI, The Wall Street Journal reported, citing people familiar with the matter. Deutsche Bank also has been asked for information about entities connected to Flynn, the report said.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Morning News Call - India, December 13
sources Punjab National Bank has raised 50 billion rupees from a share sale to institutional investors, sources with direct knowledge of the transaction said on Tuesday. • India's ...
Morning News Call - India, November 29
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FACTORS TO WATCH
9:15 am: Punjab National Bank continues to sell up to 9.99 million shares of
PNB Housing Finance via offer for sale, Retail part of offer opens in Mumbai.
9:15 am: Environment Minister Harsh Vard
BRIEF-National Bank Holdings Corp Announces Regulatory Approvals For The Acquisition Of Peoples Inc
* NATIONAL BANK HOLDINGS CORPORATION ANNOUNCES REGULATORY
APPROVALS FOR THE ACQUISITION OF PEOPLES, INC.
National Australia Bank sacks bankers over home-loan inaccuracies
National Australia Bank(NAUBF) said on Thursday it had fired 20 bankers and reprimanded dozens more for submitting home-loan applications that had inaccurate or incomplete customer information. The bank said it had found around 2,300 home loans since 2013 that "may not have been established in accordance with NAB's policies," after an extensive review.
Warren Buffett buys Apple and sells IBM, opens new stake in Bank of America
Berkshire Hathaway Inc. sold shares in International Business Machines Corp. in the latest quarter and bought more stock in Apple Inc. , while opening a new position in Bank of America Corp. In a quarterly filing with the Securities and Exchange Commission, Warren Buffett's investment firm disclosed that it sold about one-third of its IBM stake, more than 17 million shares, and purchased about 3.9 million Apple shares, which gives Berkshire more than 134 million shares of the iPhone maker in total. Berkshire bought 679 million shares in Bank of America while slightly cutting its stake in Wells Fargo & Co. Berkshire Hathaway stock has gained about 1.6% so far this year, while the S&P 500 index has added 15.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Albany International enters unsecured 5-year revolving credit facility agreement with JPMorgan Chase Bank
Albany International Corp(AIN): * Albany International(AIN)- entered into $685 million unsecured 5-year revolving credit facility agreement with JPMorgan Chase Bank as administrative agent. * Albany International (AIN) - new agreement amends & restates $550 million 5-year facility agreement dated April 8, 2016 with same agent & lenders Source text: Further company coverage:
U.S. Fed approves bid by First Horizon to buy Capital Bank
WASHINGTON, Oct 30 (Reuters) - The Federal Reserve announced
on Monday it had approved a bid by First Horizon National
Corporation to acquire Capital Bank Financial Corp
of Charlotte, as the regional bank looks to expand its
presence in the U.S. southeast.
National Bank of Greece SANBG
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