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Rabobank"s Roseville operations to be acquired by Mechanics Bank

Mechanics Bank said Friday that it's agreed to buy most of Rabobank N.A.’s Roseville-based California operations for $2.1 billion and a 9.9 percent stake in the combined bank. The deal makes Walnut Creek-based Mechanics Bank (OTC: MCHB) a much larger b.....»»

Category: topSource: bizjournalsMar 15th, 2019

Mechanics Bank nearly triples in size with huge deal

The deal means that Walnut Creek-based Mechanics Bank will have much greater lending capacity and the ability to spread the fixed cost of technology over larger operations......»»

Category: topSource: bizjournalsMar 15th, 2019

Deutsche Bank to set up 50 billion euro bad bank in revamp

Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday......»»

Category: topSource: reuters7 hr. 4 min. ago

Deutsche Bank wants to dump assets into "bad bank"

Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday. Pascale Davies reports......»»

Category: videoSource: reuters11 hr. 4 min. ago

Deutsche Bank to set up 50 billion euro bad bank

Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday......»»

Category: topSource: reuters13 hr. 4 min. ago

Deutsche Bank to set up 50 billion euro bad bank: source

Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday......»»

Category: topSource: reuters13 hr. 49 min. ago

Deutsche Bank to set up 50 billion euro bad bank: FT

Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or shutting its U.S. equity and trading businesses, the Financial Times reported on Sunday......»»

Category: topSource: reutersJun 16th, 2019

Deutsche Bank to shrink or shut U.S. equity and trading businesses: FT

Deutsche Bank is planning to overhaul its trading operations, including the creation of a "bad bank" to hold tens of billions of euros of assets and shrinking or shutting its U.S. equity and trading businesses, the Financial Times reported on Sunday......»»

Category: topSource: reutersJun 16th, 2019

Court grants American Airlines" request to end "devastating" slowdown by unions

A U.S. federal court on Friday granted American Airlines Group Inc's request to halt an alleged illegal slowdown by its mechanics' unions that the airline said had become "devastating" to its operations......»»

Category: topSource: reutersJun 15th, 2019

Judge grants American Airlines an order against 2 unions

A federal judge is ordering unions that represent American Airlines mechanics not to interfere in the airline's operations......»»

Category: topSource: foxnewsJun 14th, 2019

American Airlines asks court to end "devastating" slowdown by unions

American Airlines Group Inc on Friday asked a federal court to quickly halt an alleged illegal slowdown by mechanics' unions that has become "devastating" to the airline's operations......»»

Category: topSource: reutersJun 14th, 2019

H.B. Fuller will sell thickeners unit for $71 million

Chemicals maker H.B. Fuller Co. said this week it plans to sell its surfactants, thickeners and dispersants business to Georgia-based Tiarco in a $71 million deal. The St. Paul company had acquired the business, whose operations are also in Geo.....»»

Category: topSource: bizjournalsJun 13th, 2019

Walmart eliminates dedicated president role for Jet.com unit

Walmart is eliminating the position of president at its Jet.com subsidiary, which it acquired in 2016, as it further merges the rest of its team with its namesake online operations......»»

Category: topSource: foxnewsJun 12th, 2019

Report: Apple could spend billions to buy Intel’s mobile chip business in Germany

Apple Inc. has spent months negotiating with Santa Clara-based Intel Corp. about buying the chipmaker’s mobile chip business operations in Germany, The Information reports, citing four unnamed sources. Intel acquired its Germany-based mobile ch.....»»

Category: topSource: bizjournalsJun 12th, 2019

Amid battle with activist investors, DNB agrees to $206M sale to Western Pa. bank

After spending much of 2019 fending off an activist investor, venerable DNB Financial Corp agreed to be acquired by Western Pennsylvania-based S&T Bancorp for $206 million in stock. S&T (NASDAQ: STBA), based in Indiana, Pa., about 45 miles east of Pitt.....»»

Category: topSource: bizjournalsJun 5th, 2019

Clearwater’s Flagship Community Bank to be acquired

One of the Tampa Bay area’s largest community banks is being acquired by a newly-formed financial corporation. Flagship Community Bank in Clearwater signed an agreement May 29 with West Florida Banking Corp., stipulating the newly-formed holdi.....»»

Category: topSource: bizjournalsMay 31st, 2019

American sues mechanic unions as out-of-service aircraft spike

American Airlines has accused the unions that represent its mechanics of deliberately affecting operations as contract negotiations between the two sides drag on, the carrier said in a lawsuit filed Monday in the Northern District of Texas. To supp.....»»

Category: topSource: bizjournalsMay 22nd, 2019

Will Deutsche Bank"s DWS be Acquired by France-Based Amundi?

Though Deutsche Bank's (DB) listed asset management unit continues to spike interest of several asset managers, a deal seems unlikely .....»»

Category: smallbizSource: nytMay 21st, 2019

American Airlines asks court to stop alleged maintenance slowdown

American Airlines Group Inc said on Monday it has filed a lawsuit against two unions representing its mechanics, accusing the workers of an illegal slowdown aimed at disrupting operations to improve their position in prolonged labor talks......»»

Category: topSource: reutersMay 20th, 2019

Morgan Stanley to shut down its Russian banking business in first quarter 2020

Morgan Stanley is planning to send a formal notice to the Russian central bank that it will close down its banking operations in the country in the first quarter of 2020, its Russian unit said in its annual report......»»

Category: topSource: reutersMay 6th, 2019

Bakkt Acquires Crypto Custodian, Partners With BNY Mellon on Key Storage

Bitcoin futures exchange Bakkt has acquired the Digital Asset Custody Company and is working with global bank BNY Mellon on crypto key storage......»»

Category: forexSource: coindeskApr 29th, 2019