Ponzi probe: CBI lens on banks

October 25th, 2014

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KOLKATA: Along with the “influential men” who will be questioned in the third round of Saradha probe, CBI has also decided to investigate the role of around 15 banks that hosted Saradha’s 347 accounts. Another 13 co-operative banks, whose branches across …

The coming of age of challenger banks

October 25th, 2014

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With Metro Bank and the soon-to-be-launched Atom Bank offering exciting blueprints for multi-platform banking, and other new entrants making headway into the UK banking market, it seems an appropriate time to ask whether so-called “challenger banks …

Lending, Investing Revenue Climb–At Big Banks, At Least

October 25th, 2014

Rome wasnt built in a day!

The results aren’t all equal however. While net interest income and loan growth at the big banks seem to be moving in the same direction, at regionals they are moving in opposite directions, Oppenheimer analyst Chris Kotowski said. Big banks in the third …

For some European banks, Monday can’t come soon enough

October 25th, 2014

so interesting

Think main takeaway from this weekend’s AQR / stress test data dump-fest is that it’s gonna be over and people can get on with their lives. It’s countdown to Sunday for the release of the ECB bank stress tests. It is the end of a long exercise, first …

Chesco sues banks over mortgage recording fees

October 25th, 2014

can believe what i am reading, so unfair

Chester County is the latest government in the region to sue some of the nation’s largest banks to recover millions of dollars in recording fees for mortgage assignments. The Chester County Recorder of Deeds filed a lawsuit Oct. 10 against several banks …

ECB Set to Fail 25 Banks in Review, Draft Document Shows

October 25th, 2014

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Twenty-five lenders in the European Central Bank’s euro-area bank health check are set to fail the regulator’s Comprehensive Assessment, according to a draft communique of the final results, seen by Bloomberg News. One-hundred-and-five banks are shown …

DealBook: Regulators Are Gauging Europe’s Banks, and Remedy May Sting a Little [Oct. 17]

October 25th, 2014

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The big question is which banks might fail the central bank’s review and how much new capital might be needed for the banks to survive. Estimates of the capital shortfall varied widely, from about 10 billion euros, or about $12.6 billion, to as much as …

About 25 Eurozone Banks to Fail ECB Stress Tests

October 25th, 2014

how does this impact my state

FRANKFURT—About 25 eurozone banks failed the European Central Bank’s financial-health checks, although more than half of these lenders have taken the necessary steps to shore up their balance sheets this year, according to a person familiar with the …

25 European banks set to fail health checks: sources

October 25th, 2014

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The health checks, led by the European Central Bank, found that banks in countries including Greece, Cyprus, Slovenia and Portugal had fallen short of a minimum capital benchmark at the end of last year and that up to 10 remained in difficulty now, the …

European Central Bank review could push weak banks to raise money, restructure

October 25th, 2014

so interesting

FRANKFURT, Germany – The European Central Bank on Sunday will reveal the results of a yearlong search through the books of Europe’s 130 biggest banks, a key part of the region’s effort to recover from its debt and economic crisis. The review aims to weed …