Banks

Zions Bancorporation prices $525 mln common stock offering

Zions Bancorporation:Prices public offering of $525 mln of common stock.Public offering price of each share of common stock is equal to $29.80. Net of commissions and fees.Proceeds to be about $514.0 mln.Intends to use the net proceeds of this offering for general corporate purposes.Expects to close...

9:25am EDT

National Australia Bank Limited to sell portfolio of UK commercial real estate loans

National Australia Bank Limited:Says that it has agreed to the sale of a 625 million pound parcel of largely non-performing loans from its UK Commercial Real Estate (CRE) portfolio to an affiliate of Cerberus Global Investors (Cerberus).The transaction is a substantial de-risking of the portfolio,...

Sunday, 27 Jul 2014 09:00pm EDT

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