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BANCORP
US Fed set to launch long-awaited instant payments service, modernising systemFedNow is launching with 41 banks and 15 service providers certified to use the service, including community banks and large lenders like J...20 Jul, 2023, 09.54 AM IST- Capital One shares up after billionaire investor Buffett's near $1 bln bet on bankAs of Monday, Capital One shares had lost around 8% so far this month, as financial stocks felt the effects of First Republic Bank's collap...16 May, 2023, 07.21 PM IST
- PacWest, Western Alliance stocks plunge as US regional banking woes worsenFirst Republic's collapse, the third major casualty of the biggest crisis to hit the U.S. banking sector since 2008, rekindled a slide in s...05 May, 2023, 12.57 AM IST
- Valley National Bancorp bidding for Silicon Valley BankThe FDIC which now controls the Silicon Valley Bank assets, when asked for a comment on the report said it is not confirming or commenting ...26 Mar, 2023, 06.33 AM IST
- First Republic shares tumble again as liquidity worries linger; peers reboundShares of First Republic Bank extended a recent slump on Monday with a 15% drop, after a report the regional bank could raise more money fa...20 Mar, 2023, 10.01 PM IST
- Customers Bancorp to buy 6% stake in Religare for $51 mnThe multi-structured deal is part of Religare's attempt to enter the banking fray, under which the promoters have to bring down their stake...26 Jun, 2013, 09.01 PM IST
- Dhanlaxmi Bank scraps Rs 290 crore share sale, fails to get nod from US Federal ReserveDhanlaxmi Bank has scrapped its Rs 290-crore share sales to funds, as one of the investors, Customers Bancorp Inc, failed to get regulatory...09 Jul, 2011, 07.06 AM IST
- Dhanlaxmi Bank scraps Rs 290 crore share sale, fails to get nod from US Federal ReserveDhanlaxmi Bank, the Thrissur-based private sector lender has scrapped its Rs 290-crore share sales to funds, as one of the investors, Custo...09 Jul, 2011, 01.45 AM IST
- US regional banks to see better loan growth- Credit SuisseThe US regional banks could post improved loan growth in 2011 and 2012 as they gain market share from the legacy commercial mortgage-backed...04 Jan, 2011, 09.48 PM IST
- Berkshire defends handling of stock lossesOn Monday, Berkshire disclosed several letters it exchanged with the Securities and Exchange Commission between April and September about i...26 Oct, 2010, 12.30 AM IST
- SEC questioned Warren Buffett's Berkshire on loss accountingThe US Securities and Exchange Commission questioned Warren Buffett's Berkshire Hathaway in the second quarter on why it was not writing do...25 Oct, 2010, 09.35 PM IST
- Four US banks rush to repay taxpayers as TARP terms biteCapital One Financial Corp, US Bancorp and BB&T Corp will sell shares to repay government bailout funds after stress tests showed the compa...12 May, 2009, 12.00 AM IST
- 5 US banks repay $353 mn in bailout fundsThe administration says five US banks have repaid millions of dollars they received from the government's $700 billion financial bailout po...03 Apr, 2009, 02.50 AM IST
- Sovereign Bank to cut 1,000 jobsSovereign Bank, the banking unit of financial services provider Sovereign Bancorp, will slash 1,000 jobs as part of its efforts to bring do...20 Dec, 2008, 06.13 PM IST
- Sovereign Bancorp cutting 1,000 jobs amid downturnSovereign Bank, the banking unit of Sovereign Bancorp Inc, said on Friday it is cutting 1,000 jobs, or 8.3 percent of its work force, in an...20 Dec, 2008, 07.30 AM IST
- US Bancorp to receive $6.6 bn from govt planUS Bancorp said on Monday it will sell $6.6 billion worth of preferred stock and warrants to the government under the Treasury Department's...03 Nov, 2008, 11.21 PM IST
- NRI CEO of Sovereign Bancorp resignsJay Sidhu was a deal maker who turned Philadelphia-based Sovereign into the nation's third-largest thrift.12 Oct, 2006, 12.26 AM IST
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