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Homestreet Announces Consolidation Of Oswego Oregon Retail Branch

Thursday, 13 Jun 2019 09:00am EDT

June 13 (Reuters) - HomeStreet Inc ::HOMESTREET ANNOUNCES CONSOLIDATION OF OSWEGO OREGON RETAIL BRANCH.HOMESTREET INC - CUSTOMER ACCOUNTS OF OSWEGO OREGON RETAIL BRANCH WILL AUTOMATICALLY BE TRANSFERRED TO LAKE GROVE BRANCH.

BB&T Reports Q1 Earnings Per Share $1.05 Excluding Items

Thursday, 18 Apr 2019 05:45am EDT

April 18 (Reuters) - BB&T Corp ::BB&T REPORTS EARNINGS OF $749 MILLION; $0.97 PER DILUTED SHARE; RECORD EARNINGS OF $813 MILLION, EXCLUDING MERGER-RELATED AND RESTRUCTURING CHARGES.Q1 EARNINGS PER SHARE $1.05 EXCLUDING ITEMS.Q1 EARNINGS PER SHARE $0.97.Q1 EARNINGS PER SHARE ESTIMATE $1.03 -- REFINITIV IBES DATA.QTRLY TAXABLE-EQUIVALENT REVENUES WERE $2.9 BILLION, DOWN $42 MILLION FROM Q4 OF 2018.QTRLY AVERAGE DEPOSITS WERE $160.0 BILLION COMPARED TO $157.8 BILLION FOR Q4 OF 2018.QTRLY AVERAGE LOANS AND LEASES HELD FOR INVESTMENT WERE $148.1 BILLION, UP $522 MILLION, OR 1.4 PERCENT ANNUALIZED COMPARED TO Q4 OF 2018.CONTINUE TO PREPARE FOR INTEGRATION OF COMPANY WITH SUNTRUST.

Westpac Banking Resets Wealth Strategy And Announces Executive Changes

Monday, 18 Mar 2019 06:52pm EDT

March 19 (Reuters) - Westpac Banking Corp ::RESETS WEALTH STRATEGY.GROUP'S WEALTH AND INSURANCE BUSINESSES WILL BE MOVED INTO EXPANDED BUSINESS AND CONSUMER DIVISIONS.GROUP IS REALIGNING ITS MAJOR BT FINANCIAL GROUP (BTFG) BUSINESSES INTO CONSUMER AND BUSINESS DIVISIONS.PRIVATE WEALTH, PLATFORMS & INVESTMENTS, AND SUPERANNUATION BUSINESSES WILL MOVE INTO AN EXPANDED BUSINESS DIVISION.EXITING PROVISION OF PERSONAL FINANCIAL ADVICE BY WESTPAC GROUP SALARIED FINANCIAL ADVISERS & AUTHORISED REPRESENTATIVES.INSURANCE BUSINESS WILL MOVE INTO CONSUMER DIVISION.CONSUMER DIVISION WILL BE LED BY CURRENT BUSINESS BANK CHIEF EXECUTIVE MR DAVID LINDBERG.CONSUMER BANK CHIEF EXECUTIVE, GEORGE FRAZIS, WILL LEAVE GROUP.GROUP IS SIMPLIFYING GROUP'S STRUCTURE AND RE-ORGANISING GROUP EXECUTIVE RESPONSIBILITIES.ONE-OFF IMPACTS FROM TRANSACTION AND IMPLEMENTATION WILL BE SPREAD OVER FY19 AND FY20.CHANGES ANNOUNCED ARE EXPECTED TO BE EPS POSITIVE IN 2020.INITIAL ESTIMATES FROM TRANSACTION AND IMPLEMENTATION INCLUDE ONE OFF COSTS OF BETWEEN $250-$300 MILLION.DIVISIONAL CHANGES WILL BE EFFECTIVE FROM 1 APRIL 2019.ENTERING SALE AGREEMENT WITH VIRIDIAN ADVISORY, MANY BT FINANCIAL ADVICE CUSTOMERS OFFERED OPPORTUNITY TO TRANSFER TO VIRIDIAN.EXITING ADVICE BUSINESS & MOVING WEALTH BUSINESSES IN CONSUMER & BUSINESS DIVISIONS TO RESULT IN $20 MILLION (PRE-TAX) OF SAVINGS.NUMBER OF GROUP'S SALARIED FINANCIAL ADVISERS AND SUPPORT STAFF WILL TRANSITION TO VIRIDIAN FROM ANTICIPATED COMPLETION DATE.

Riverview Financial Corp - During Q4 Of 2018, Conducted A Branch Rationalization Study Analyzing Branch Performance For Certain Of Its Branches

Monday, 4 Feb 2019 08:14am EST

Feb 4 (Reuters) - Riverview Financial Corp ::RIVERVIEW FINANCIAL CORP - DURING Q4 OF 2018, CONDUCTED A BRANCH RATIONALIZATION STUDY ANALYZING BRANCH PERFORMANCE FOR CERTAIN OF ITS BRANCHES.RIVERVIEW FINANCIAL CORP - COMPANY DETERMINED TO CLOSE TWO OF ITS BRANCH OFFICES IN Q1 OF 2019 - SEC FILING.

Hope Bancorp Announces Strategic Initiatives Related To Branch Network And SBA Program

Thursday, 27 Dec 2018 04:30pm EST

Dec 27 (Reuters) - Hope Bancorp Inc ::HOPE BANCORP ANNOUNCES STRATEGIC INITIATIVES RELATED TO BRANCH NETWORK AND SBA PROGRAM.HOPE BANCORP INC - BRANCH RATIONALIZATION PLAN DESIGNED TO ENHANCE ITS OPERATIONAL EFFICIENCIES IN 2019 AND BEYOND.HOPE BANCORP INC - PLAN WILL IMPACT UP TO SIX BRANCHES ACROSS COUNTRY.HOPE BANCORP INC - ANTICIPATES INCURRING A ONE-TIME PRE-TAX CHARGE OF APPROXIMATELY $1.7 MILLION IN Q4 OF 2018 RELATED TO BRANCH RATIONALIZATION PLAN.HOPE BANCORP INC - PLANS TO TEMPORARILY DISCONTINUE ITS PRACTICE OF REGULARLY SELLING GUARANTEED PORTION OF ITS SBA 7(A) LOANS TO SECONDARY MARKET.HOPE BANCORP - PROJECTED SAVINGS EXPECTED TO BE ABOUT $1.9 MILLION PRE-TAX ON ANNUAL BASIS, INITIAL BENEFITS OF WHICH TO BE RECOGNIZED STARTING Q2 2019.

Guangzhou Rural Commercial Bank Co Announces Investment For Establishment Of Chaozhou Rural Commercial Bank

Thursday, 27 Dec 2018 09:20am EST

Dec 27 (Reuters) - Guangzhou Rural Commercial Bank Co Ltd <1551.HK>::ANNOUNCES STRATEGIC INVESTMENT FOR ESTABLISHMENT OF CHAOZHOU RURAL COMMERCIAL BANK.BANK INTENDS TO ESTABLISH CHAOZHOU RURAL COMMERCIAL BANK THROUGH MERGER AND RESTRUCTURING.CO & OTHER PARTIES TO INVEST IN CHAOZHOU RURAL COMMERCIAL BANK BY SUBSCRIBING 1,959 MILLION SHARES FOR RMB5,876 MILLION.

Creval: Deed Of Merger Of Creval Piùfactor Into Claris Factor Signed

Thursday, 27 Dec 2018 06:27am EST

Dec 27 (Reuters) - Banca Piccolo Credito Valtellinese SpA ::SAYS DEED OF MERGER OF CREVAL PIÙFACTOR S.P.A INTO CLARIS FACTOR S.P.A. HAS BEEN SIGNED.

Resona, Kansai Mirai Financial, Kansai Urban Banking To Realign Their Credit Card Subsidiaries

Wednesday, 19 Dec 2018 02:00am EST

Dec 19 (Reuters) - Japan's Resona Holdings Inc <8308.T>::RESONA, KANSAI MIRAI FINANCIAL, KANSAI URBAN BANKING TO REALIGN THEIR CREDIT CARD SUBSIDIARIES.REALIGNMENT COMES THROUGH MERGER BETWEEN RESONA CARD AND KANSAI CREDIT SERVICE.

Resona, Kansai Mirai Financial, Kansai Urban Banking To Realign Their Credit Card Subsidiaries

Wednesday, 19 Dec 2018 02:00am EST

Dec 19 (Reuters) - Japan's Resona Holdings Inc <8308.T>::RESONA, KANSAI MIRAI FINANCIAL, KANSAI URBAN BANKING TO REALIGN THEIR CREDIT CARD SUBSIDIARIES.REALIGNMENT COMES THROUGH MERGER BETWEEN RESONA CARD AND KANSAI CREDIT SERVICE.

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