Banks

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Deutsche Bank AG announces next phase of strategy

Friday, 24 Apr 2015 04:59pm EDT

Deutsche Bank AG:Decides upon next phase of Bank's strategy.Will reduce leverage in Corporate Banking & Securities (CB&S); deconsolidate Postbank; invest in its transaction banking, asset and wealth management, and retail businesses.Will continue to redesign its operating and governance models to achieve greater efficiency and a more robust control environment.Furthermore, it will increase its investments in digital banking and rationalize its geographic footprint.

Hampton Roads Bankshares Inc announces proposed merger of subsidiary banks, to operate under Shore Bank brand

Thursday, 16 Apr 2015 04:30pm EDT

Hampton Roads Bankshares Inc:Intends to seek regulatory approval to merge its subsidiaries BHR and Shore Bank later this year into a single bank that will do business under the name Shore Bank.Plans to change its name from Hampton Roads Bankshares to Shore Financial Corporation.

China Development Financial Holding announces business transfer between subsidiaries

Monday, 13 Apr 2015 09:56am EDT

China Development Financial Holding Corp:Subsidiary China Development Industrial Bank to transfer its commercial bank-related business at T$38 billion tentatively to KGI Bank.China Development Industrial Bank and KGI Bank are wholly owned subsidiaries of the company.

Parana Banco SA reorganizes its subsidiaries in the insurance business

Monday, 13 Apr 2015 08:11am EDT

Parana Banco SA:Says it approved reorganization of its subsidiaries in the insurance business J. Malucelli Participacoes em Seguros e Resseguros SA and J. Malucelli Seguros SA, to reduce company's participation in the property and casualty insurance business.At the end of the process it will continue to control activities related to insurance and reinsurance through its subsidiary J. Malucelli Participacoes em Seguros e Resseguros SA and will hold 5 percent of J. Malucelli Seguros SA in property and casualty insurance business.The Travelers Companies, Inc, as company's partner through company's subsidiaries, will hold the participation of 49.5 percent in insurance and reinsurance business.The Travelers Companies, Inc will hold the participation of 95 percent in the activities of property insurance and liability.

Oversea-Chinese Banking Corporation Ltd announces dissolution of it's subsidiary

Friday, 13 Mar 2015 05:26am EDT

Oversea-Chinese Banking Corporation Ltd:Says it's subsidiary, Wing Hang Bank Ltd has been dissolved on March 12.Wing Hang Bank Ltd ceased to be it's subsidiary with effect from March 12.

China Development Financial Holding announces business transfer of subsidiaries

Monday, 2 Mar 2015 07:21am EST

China Development Financial Holding Corp:Wholly owned subsidiary China Development Industrial Bank to transfer commercial bank-related business to wholly owned subsidiary KGI Bank at T$38 billion.

Alternatifbank AS announces restructuring plan

Friday, 13 Feb 2015 05:39am EST

Alternatifbank AS:Says to close 4 regional directorate as of Feb. 27, 2015.Decides to close by merging branches in 6 cities, and shuts down 3 branches by reducing 1 branches in 3 cities as of Feb. 27, 2015.

United Overseas Bank Ltd announces member’s voluntary winding up of subsidiary

Thursday, 12 Feb 2015 06:20am EST

United Overseas Bank Ltd:Says its subsidiary, UOB Holdings Private Limited, has commenced member’s voluntary liquidation.Says the voluntary liquidation is part of the on-going rationalisation of the operations of the UOB group of companies.

Grupo Credito SA transfers equity block worth 511 mln nuevos soles to Credicorp Ltd

Wednesday, 11 Feb 2015 04:19pm EST

Credicorp Ltd:Says its unit Grupo Credito SA agrees on extraordinary shareholders meeting to transfer equity block worth around 511 mln nuevos soles to Credicorp Ltd as part of reorganization process.

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Analyst Research

Report Title Price
Provider: Brown Brothers Harriman & Co.
$12.00
Provider: Brown Brothers Harriman & Co.
$12.00
Provider: Brown Brothers Harriman & Co.
$35.00
Provider: Brown Brothers Harriman & Co.
$35.00
Provider: Swiss Capital
$92.00

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