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Tag Archives: Bank

Deutsche Bank and Commerzbank Call Off Merger Talks

FRANKFURT — Deutsche Bank and Commerzbank, Germany’s two largest banks, called off widely criticized merger talks on Thursday, saying they could not agree on terms. Merging the two banks “would not have created sufficient benefits to offset the additional execution risks, restructuring costs and capital requirements associated with such a large-scale integratio… NYT > Business

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Australia gives banking licence to business lender Judo Bank

SYDNEY (Reuters) – Australia on Wednesday granted a new banking license to technology-driven business lender Judo Bank, the lender and the country’s financial regulator said, to improve competition in a sector dominated by four big banks. The license allows Judo to compete against larger banks for deposits and use the funds to lend to small businesses, Judo Bank Co-Chief Executive ...

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Australia gives banking licence to business lender Judo Bank

SYDNEY (Reuters) – Australia on Wednesday granted a new banking license to technology-driven business lender Judo Bank, the lender and the country’s financial regulator said, to improve competition in a sector dominated by four big banks. The license allows Judo to compete against larger banks for deposits and use the funds to lend to small businesses, Judo Bank Co-Chief Executive ...

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Santander Bank selling 14 Pennsylvania branches to First Commonwealth Bank

Santander Bank is undertaking a strategy to focus on markets that it believes will drive growth in the future, and part of that strategy apparently includes selling off some of its bank branches. The company announced Monday that it is selling 14 branches in Pennsylvania to First Commonwealth Bank. According to the companies, the branches are located in State College, ...

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Australia gives banking licence to business lender Judo Bank

SYDNEY (Reuters) – Australia on Wednesday granted a new banking license to technology-driven business lender Judo Bank, the lender and the country’s financial regulator said, to improve competition in a sector dominated by four big banks. The license allows Judo to compete against larger banks for deposits and use the funds to lend to small businesses, Judo Bank Co-Chief Executive ...

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Australia gives banking licence to business lender Judo Bank

SYDNEY (Reuters) – Australia on Wednesday granted a new banking license to technology-driven business lender Judo Bank, the lender and the country’s financial regulator said, to improve competition in a sector dominated by four big banks. The license allows Judo to compete against larger banks for deposits and use the funds to lend to small businesses, Judo Bank Co-Chief Executive ...

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Europe Not Feeling Much Pain From Trump Tariffs, Central Bank Says

FRANKFURT — President Trump’s trade war was supposed to make Europeans feel so much pain they would beg for mercy at the negotiating table. But it’s not working very well, according to a new study by the European Central Bank. Almost a year after the White House imposed tariffs on European steel and aluminum, the actual damage to European exports ...

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