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Fannie Mae's book of business increased at a compound annualized rate of 2.7 pct in Sept‍​

Tuesday, 31 Oct 2017 04:01pm EDT

Oct 31 (Reuters) - Federal National Mortgage Association :Fannie Mae - Fannie Mae's book of business increased at a compound annualized rate of 2.7 percent in September‍​.Fannie Mae - the conventional single-family serious delinquency rate increased two basis points to 1.01 percent in September‍​.Fannie Mae - the multifamily serious delinquency rate decreased one basis point to 0.03 percent in September‍​.Fannie Mae - Fannie Mae completed 6,003 loan modifications in September‍​.

Hachijuni Bank to merge with banking business related business agency unit

Friday, 27 Oct 2017 02:53am EDT

Oct 27(Reuters) - Hachijuni Bank Ltd <8359.T>:Says it plans to merge with a wholly owned banking business related business agency unit .Merger effective April 1, 2018.Says the unit will be dissolved after the merger .

Bank of Ningbo sees FY 2017 net profit to up 10 pct to 20 pct

Thursday, 26 Oct 2017 10:29pm EDT

Oct 27 (Reuters) - Bank of Ningbo Co Ltd <002142.SZ> ::Sees FY 2017 net profit to increase by 10 percent to 20 percent, or to be 8.59 billion yuan to 9.37 billion yuan.Says FY 2016 net profit was 7.81 billion yuan.Says business expansion and increased profitability as main reasons for the forecast.

Marlin Business Services reports Q3 earnings $0.26/shr

Thursday, 26 Oct 2017 05:00pm EDT

Oct 26 (Reuters) - Marlin Business Services Corp :Marlin Business Services Corp. Reports third quarter 2017 earnings and declares a cash dividend of $0.14 per share.Q3 earnings per share $0.26.Marlin Business Services Corp - ‍reiterating guidance for full year ending December 31, 2017​.Marlin Business Services Corp - qtrly ‍net interest and fee income after provision for credit losses $17.5 million versus $17.6 million ​.

Bank of Ireland says any further tracker mortgage provisions manageable

Thursday, 26 Oct 2017 06:30am EDT

Oct 26 (Reuters) - Bank Of Ireland Group Plc ::SAYS CONTINUES TO TRADE IN LINE WITH EXPECTATIONS IN Q3 2017‍.NET INTEREST INCOME WAS IN LINE WITH FIRST HALF OF 2017​.‍NET INTEREST MARGIN FOR 9 MONTHS TO SEPTEMBER 2017 WAS 2.34%​.‍BUSINESS INCOME HAS REMAINED IN LINE WITH FIRST HALF OF 2017​.‍CUSTOMER LOAN VOLUMES WERE EUR 77 BILLION AT END OF SEPTEMBER 2017​.‍CUSTOMER DEPOSITS EUR 75 BILLION AND WHOLESALE FUNDING EUR 13 BILLION AT END OF SEPTEMBER 2017​.‍NON-PERFORMING EXPOSURES REDUCED BY EUR 0.4 BILLION SINCE END OF JUNE 2017 TO EUR 7.7 BILLION AT END OF SEPTEMBER 2017.IMPAIRED LOANS REDUCED BY EUR 0.4 BILLION TO EUR 5.0 BILLION​ SINCE END OF JUNE 2017 TO END OF SEPTEMBER 2017.‍FULLY LOADED CET 1 RATIO INCREASED BY 30BPS FROM 12.5% AT END OF JUNE 2017 TO 12.8% AT END OF SEPTEMBER 2017.ADDITIONAL PROVISION ON TRACKER MORTGAGE EXAMINATION REVIEW​ REQUIRED, SEES THIS TO BE MANAGEABLE IN CONTEXT OF CO'S CAPITAL POSITION ​.

Santander says Catalan situation bad for business across Spain

Thursday, 26 Oct 2017 05:11am EDT

Oct 26 (Reuters) - Spain's Santander Jose Antonio Alvarez; :Says that the current political situation in Catalonia is not good for business throughout all of Spain.Says sees significant uncertainty in Mexico due to talk of Nafta (North American Free Trade Agreement) renegotiation.Says expects more competition in mortgage business in Britain.Says expects "some profits" from property deal with Blackstone.Reiterates financial targets for Banco Popular.Says does not expect any further restructuring costs for Banco Popular this year.

Barclays Plc announces proposed changes to group structure

Thursday, 26 Oct 2017 02:00am EDT

Oct 26 (Reuters) - BARCLAYS PLC ::‍PROPOSED CHANGES TO STRUCTURE OF BARCLAYS GROUP DUE TO RING-FENCING​.‍TO SATISFY REQUIREMENT BY SETTING UP RING-FENCED BANK, BARCLAYS BANK UK PLC, SEPARATE FROM BARCLAYS BANK PLC​.TWO ENTITIES WILL OPERATE ALONGSIDE, BUT INDEPENDENTLY FROM, ONE ANOTHER AS PART OF BARCLAYS GROUP UNDER BARCLAYS PLC​.

Monte Paschi says could miss some targets if ECB confirms new bad loan proposal

Tuesday, 24 Oct 2017 07:30am EDT

Oct 24 (Reuters) - Banca Monte Dei Paschi Di Siena Spa says in prospectus ahead of shares resuming trading:says that if the European Central Bank's new bad loans guidelines are approved without significant changes, the lender may need to raise coverage levels for loans turning sour from 2018 and could therefore miss some restructuring plan targets.potential legal claims in civil cases amount to 4.233 billion euros, bank had set aside 572 million euros as of June 2017.

UK's FCA updates on review of RBS's treatment of SME customers

Monday, 23 Oct 2017 06:23am EDT

Oct 23 (Reuters) - UK'S FCA::UK'S FCA - UPDATE ON THE FCA'S REVIEW OF RBS'S TREATMENT OF SME CUSTOMERS REFERRED TO ITS GLOBAL RESTRUCTURING GROUP‍​.UK'S FCA SAYS RBS HAS ACCEPTED THAT IT DID NOT MEET THE STANDARDS IT SET FOR ITSELF WHICH IMPACTED ON HOW IT TREATED SOME OF ITS SME CUSTOMERS‍​.UK'S FCA - RBS HAS TAKEN VOLUNTARY STEPS, SUCH AS PROACTIVE REVIEW OF COMPLEX FEES, AND SETTING UP A COMPLAINTS SCHEME FOR ELIGIBLE SME CUSTOMERS.

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