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Oceaneering Announces $300 Million Term Loan and also $500 Million Revolving Credit Arrangement.

Posted by BankInfo on Tue, Oct 28 2014 02:51 pm
Oceaneering International, Inc. (NYSE: OII) announced that it has entered into a new credit arrangement providing for a $300 million 3-year delayed-draw term loan & a $500 million 5-year revolving credit rating center. The new credit rating arrangement replaces a previous contract that was planne...

Deutsche Bank Facing $1.3 Billion Penalty.

Posted by BankInfo on Tue, Oct 28 2014 01:53 pm
Deutsche Bank AG (DB) is warming up to face a fine of practically 1 billion euros ($1.3 billion) in relation to its participation in the LIBOR rigging scandal in an examination by the Federal Reserve in addition to the Financial Conduct Authority (FCA).

Exactly how Wal-Mart Would Change the Landscape of American Banking.

Posted by BankInfo on Mon, Oct 27 2014 10:42 am
The banking sector has actually fought tooth and nail to keep Wal-Mart from infringing on its area.

Foreign Central Banks Reduced US Bond Stakes to Most Affordable Since May

Posted by BankInfo on Mon, Oct 27 2014 10:15 am
Foreign central banks slashed their holdings of UNITED STATE Treasuries at the Federal Reserve to their lowest level since May, Fed information released on Thursday revealed.

JP Morgan knew of China recruitment issues before United States inquiry.

Posted by BankInfo on Thu, Oct 23 2014 10:34 am
JP Morgan Chase executives in New york city recognized prospective problems connected to its recruitment practices in China well just before US regulatory authorities launched a query into the issue, the Wall Street Journal reported, citing sources and documents it reviewed.

Is Bank of Montreal Truly a Better Investment Than Royal Bank of Canada?

Posted by BankInfo on Sat, Oct 18 2014 11:33 am
Recently, bank analyst Gabriel Dechaine cut Royal Bank of Canada (TSX: RY)(NYSE: RY) from buy to hold, while upgrading Bank of Montreal (TSX: BMO)(NYSE: BMO) from hold to buy.

Bank of America Moves Past Worst Legal Expenses, Posts Loss

Posted by BankInfo on Thu, Oct 16 2014 08:27 pm
Bank of America Corp (BAC.N) said on Wednesday that it has actually moved past the worst of its legal settlements associateded with the financial crisis, after its newest large legal charge brought the bank's usual shareholders a net loss for the 3rd quarter.

Should You Purchase The Bank of Nova Scotia Now?

Posted by BankInfo on Thu, Oct 16 2014 05:43 pm
The recent sharp sell-offs on the S&P/ TSX Index are leaving several investors jittery, however several seasoned market experts are attempting to relax anxieties by advising us that this so-called market modification is just organic after the marketplaces saw nearly 2 years of stable gains.

3 Big Reasons to Avoid Royal Bank of Canada and 1 Stock to Get Rather

Posted by BankInfo on Sat, Sep 27 2014 03:22 pm
The Canadian banks have had a fantastic couple of years as well as Royal Bank of Canada (TSX: RY)(NYSE: RY) stands out a lot more lately as the one to beat. But scratch below the surface area of the current incomes report and also you will view some traffic signals are going off.

RBS's Citizens Financial Makes a Tepid Market Debut.

Posted by BankInfo on Thu, Sep 25 2014 12:09 pm
Shares of Citizens Financial Team Inc (CFG. N), the UNITED STATE unit of Royal Bank of Scotland Group Plc (RBS. L), rose as much as 5.4% in their market launching, valuing the loan provider at about $12.7 billion (7.74 billion pounds) in the largest US bank IPO given that the economic situation.
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