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AFM fines ABN Amro Group for incomplete compliance with MiFID reporting requirements

Wednesday, 20 Sep 2017 02:18am EDT

Sept 20 (Reuters) - ABN AMRO GROUP NV ::ABN AMRO GROUP NV - FINES FOR INCOMPLETE COMPLIANCE WITH MIFID REPORTING REQUIREMENTS.FIRST FINE IMPOSED BY AFM AMOUNTS TO EUR 500,000.AFM FINED ABN AMRO CLEARING BANK AND ABN AMRO BANK FOR NOT COMPLETELY COMPLYING WITH TRANSACTION-RELATED REPORTING REQUIREMENTS‍​.SECOND FINE AMOUNTS TO EUR 400.000 AND RELATES TO 86,796 MARKET TRANSACTIONS THAT HAD NOT BEEN INCLUDED IN ABN AMRO BANK N.V.’S REPORTS FROM 02-02-2010 TO 01-07-2015..FIRST FINE AND CONCERNS NON-TIMELY REPORTING BY ABN AMRO CLEARING BANK N.V. OF 11,911 TRANSACTIONS IN PERIOD 13-9-2014 TO 11-4-2016.AFM REDUCED THE FINE FOR ABN AMRO TO EUR 400,000 BECAUSE CO DISCOVERED THE VIOLATION ITSELF.

China Minsheng Banking to pay 2017 interim div on Sept. 26

Wednesday, 20 Sep 2017 01:49am EDT

Sept 20 (Reuters) - China Minsheng Banking Co Ltd <600016.SS> ::* Says it plans to pay cash of 0.12 yuan per A share for 2017 as interim div to shareholders, on Sept. 26.

United Engineers shares fall after buyout offer by Yanlord-led consortium fails

Tuesday, 19 Sep 2017 09:08pm EDT

Sept 20 (Reuters) - United Engineers :Shares fall 2.6 percent after buyout offer by Yanlord Land <<>>, Perennial <<>> consortium lapses.

Smartfinancial, Capstone Bancshares shareholders approve merger-related proposals

Tuesday, 19 Sep 2017 09:34am EDT

Sept 19 (Reuters) - Smartfinancial Inc ::Smartfinancial Inc and Capstone Bancshares Inc shareholders approve merger-related proposals.Smartfinancial and Capstone Bancshares expect to close business combination in Q4 of this year​.

Camden National appoints Lawrence J. Sterrs as chairman of the board

Tuesday, 19 Sep 2017 08:56am EDT

Sept 19 (Reuters) - Camden National Corp :Says Lawrence J. Sterrs appointed chairman of the board.Sterrs to succeed Karen Stanley as chair of company and Camden National Bank effective September 17, 2017 - SEC filing​.

Societe Generale opens a representative office in Kenya‍​

Tuesday, 19 Sep 2017 08:30am EDT

Sept 19 (Reuters) - SOCIETE GENERALE ::OPENS A REPRESENTATIVE OFFICE IN KENYA‍​.

Webster Financial Corporation announces CEO succession

Tuesday, 19 Sep 2017 07:30am EDT

Sept 19 (Reuters) - Webster Financial Corp ::Webster Financial Corporation announces CEO succession.Says John R. Ciulla appointed CEO.Webster Financial Corp - ‍James Smith, chairman and CEO will retire from Webster and transition to non executive chairman​.

Texas Capital Bancshares sees NIE low-teens percent growth for 2017

Tuesday, 19 Sep 2017 06:50am EDT

Sept 19 (Reuters) - Texas Capital Bancshares Inc :Texas Capital Bancshares Inc sees NIE low-teens percent growth for 2017.Texas Capital Bancshares Inc sees FY2017 net revenue mid-teens percent growth.Texas Capital Bancshares Inc sees average deposits mid-single digit growth for FY2017 - presentation.

KFH says KIA appoints consultant to study KFH-Ahli United Bank merger

Tuesday, 19 Sep 2017 05:38am EDT

Sept 19 (Reuters) - KUWAIT FINANCE HOUSE :SAYS KUWAIT INVESTMENT AUTHORITY (KIA) CONFIRMS APPOINTMENT OF CONSULTANT TO CONDUCT FEASIBILITY STUDY ON MERGER OF KUWAIT FINANCE HOUSE AND BAHRAIN'S AHLI UNITED BANK.SAYS KUWAIT INVESTMENT AUTHORITY (KIA) IS CONDUCTING STUDY INDEPENDENTLY, NO COORDINATION STEPS HAS BEEN TAKEN BETWEEN BANKS.

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