Banks

Independent Bank Corp announces reinstitution of quarterly cash dividend on common stock

Independent Bank Corp:Declared a quarterly cash dividend on its common stock of $0.06 per share.Payable on May 15 to shareholders of record on Apr. 30.

11:45am EDT

U.S. Bancorp expects to recommend Q2 dividend and authorizes share repurchase

U.S. Bancorp:Says new share repurchase authorization of $2.3 bln, effective April 1st.Expect to recommend a second quarter dividend of $0.245 per common share, a 6.5 percent increase over the current dividend rate.

7:15am EDT

HSBC Holdings sells its business in India

HSBC Holdings PLC:HSBC Bank Oman S.A.O.G., an indirect 51 pct owned subsidiary enters into an agreement to sell its banking business in India to Doha Bank QSC.All employees in the Business are expected to transfer to Doha Bank as part of the sale.At Dec. 31 2013, the Business to be sold had two...

6:35am EDT

Commonwealth Bank of Australia ceases to be substantial holder of Investa Office Fund

Investa Office Fund:Says Commonwealth Bank of Australia ceases to be a substantial share holder of the company.

3:22am EDT

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