Banking News

Are you interested in banking news? Maybe you work in the industry, have a connection to the sector, or have a financial interest through investments. Whatever your interest the Wiser daily banking news email is for you. The financial crisis of the late 2000s proved how much of an influence the banking sector has throughout society. Every person, company and institution was impacted to a greater or lesser degree, from large multi-national corporations, to hard working American homeowners, to community organizations. Even after the financial crises the assets of the five biggest banks combined are worth more than 50 percent of the US economy. Those big five banks - JPMorgan Chase, Bank of America, Wells Fargo, Citigroup and US Bancorp - control $15.2 trillion in assets. The industry continues to consolidate so how will it look in another 10 years as regulators impose new rules? How will technology, the growth of India and China, and a changing US economy affect the sector? You will find the answers to these questions and more by staying informed of the latest banking news. And the best way to find information, news and developments about banking is through the tailored Wiser daily email.

Recent Banking News Coverage
 
Your Weekly Recommendations Tuesday, November 21, 2017
 
Recommended for you
FDIC: Fewer Problem banks, Residential REO Declined in Q3
Calculated Risk • Bill Mcbride
MSEP takes majority stake in Durango Midstream
peHub News • Iris Dorbian
StanChart targets 5-7 percent growth in investment bank
Daily Mail • Reuters
Here's How And Why Level Brands Switched to a Reg A+ IPO to List on the NYSE
Equities.com • Rod Turner
French bank to close far-right Front National's accounts
The Guardian • Kim Willsher
JPMorgan Chase & Co. Declares Quarterly Coupon on Alerian MLP Index ETN
BusinessWire
GO share price records new 2017 high
timesofmalta.com • Edward Rizzo
These 10 unloved dividend stocks have outperformed
The Globe and Mail • Rob Carrick
BofE: We expect banks to pass on base rate hike
Daily Mail • Lee Boyce, Thisismoney.Co.Uk
Shoppers Boost Holiday Purchasing Power through Customer Loyalty Programs
BusinessWire
 
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Accounting, Banking
FDIC: Fewer Problem banks, Residential REO Declined in Q3
Calculated RiskBill Mcbride
The FDIC released the Quarterly Banking Profile for Q3 today: Higher net interest income, reflecting modest growth in interest-bearing assets and wider net interest margins, helped earnings increase in the third quarter. Quarterly net income at the 5,737 commercial banks and savings...
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Finance, Hedge Funds
MSEP takes majority stake in Durango Midstream
peHub NewsIris Dorbian
Morgan Stanley Energy Partners has acquired a majority stake in Houston, Texas-based Durango Midstream, a provider of midstream services to oil and gas producers. No financial terms were disclosed. PRESS RELEASE HOUSTON–(BUSINESS WIRE)–Investment funds managed by Morgan Stanley Energy Partners (collectively, “MSEP”),...
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Banking, Economic Policy
StanChart targets 5-7 percent growth in investment bank
Daily MailReuters
By Lawrence White and Emma Rumney LONDON, Nov 21 (Reuters) - Standard Chartered is aiming to boost revenue growth at its investment bank by a compound annual rate of 5 to 7 percent in the medium term, the head of that business...
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Finance, Financial Regulatory Bodies
Here's How And Why Level Brands Switched to a Reg A+ IPO to List on the NYSE
Equities.comRod Turner
Level Brands Inc became the seventh Regulation A+ IPO to complete and the second to list and trade on the NYSE American Exchange. The company raised its maximum of $12 million by selling 2 million shares at $6 each at a pre-money...
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Banking, Finance
French bank to close far-right Front National's accounts
The GuardianKim Willsher
France’s second largest bank has asked the Front National to close all its accounts and take its business elsewhere. Société Générale (SocGen) told the far-right party led by Marine Le Pen it wished to end its 30-year “banking relationship” without giving a...
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Credit Cards, Credit Services
JPMorgan Chase & Co. Declares Quarterly Coupon on Alerian MLP Index ETN
BusinessWire
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. announced today the quarterly coupon amount for the Alerian MLP Index ETN (NYSE Arca: AMJ). The table below summarizes the coupon amount for the Alerian MLP Index ETN (the “Notes”). NYSE Arca Ticker Registered Issue Name...
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Banking
GO share price records new 2017 high
timesofmalta.comEdward Rizzo
The MSE Equity Price Index erased yesterday’s gains of 0.04% as it slipped by 0.14% to 4,471.731 points today. Trading activity was spread across eleven equities – three shares moved higher, another three trended in negative territory whilst five equities closed the...
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Banking, Commercial Banking
These 10 unloved dividend stocks have outperformed
The Globe and MailRob Carrick
For his undergraduate degree, Jonathan Vukson studied international business at five schools in four countries on three continents. Summers, he worked for the Ontario Ministry of Natural Resources fighting forest fires. Then, when he graduated, he went into banking at CIBC. If...
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Banking, Economic Policy
BofE: We expect banks to pass on base rate hike
Daily MailLee Boyce, Thisismoney.Co.Uk
Britain's big banks are expected to pass on the interest rate rise from earlier in the month to savers, but cannot be forced to do so, according to Bank of England policymakers. Ian McCafferty, Bank of England monetary policy committee member, told...
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Customer Loyalty Programs, Investment Banking
Shoppers Boost Holiday Purchasing Power through Customer Loyalty Programs
BusinessWire
CHICAGO & NEW YORK--(BUSINESS WIRE)--A new nationwide study commissioned by Citi Retail Services has discovered that more than two-thirds of Americans who participate in rewards programs expect to save money this holiday shopping season through their redemptions. While the average customer expects...
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