StanChart eyes $100 billion private bank assets in growth push, to hire bankers

Standard Chartered is targeting growing its private banking assets by 50% to about $100 billion in three to five years and hire dozens of bankers in Hong Kong and Singapore toward that goal, a senior executive of the lender said......»»

Category: topSource: reutersAug 14th, 2019

StanChart sees China slowdown, trade war fears receding, eyes digital push

Fears over a slowdown in Chinese economic growth and the impact of the Sino-United States trade tensions are "receding a bit", the chief executive of London-based bank Standard Chartered, which makes the bulk of its revenue in Asia, said......»»

Category: topSource: reutersMar 26th, 2019

OceanFirst eyes $10B in assets with deals for banks in New York, New Jersey

OceanFirst Financial Corp. agreed to buy banks in New Jersey and New York in two separate cash and stock deals Friday that will bring that bank close to $10 billion in assets. The deals pushes Toms River-based OceanFirst (NASDAQ:OCFC) into the comp.....»»

Category: topSource: bizjournalsAug 9th, 2019


MIAMI, Florida, July 31, 2019 (GLOBE NEWSWIRE) -- Ocean Bank announced today total assets of $4.3 billion at June 30, an increase of 11.2 percent from December 31, 2018 and 14.4 percent above June 30.....»»

Category: earningsSource: benzingaJul 31st, 2019

Busted Billion-Dollar Bagholders Hire Private Eyes To Probe Goldman-Led Airline Bailout

Several years ago, when ZIRP and NIRP was (again) raging, investors jumped at the chance to buy $1.2 billion in bonds whose proceeds wound up with a cluster of airlines linked to Etihad Airlines. As Bloomberg details, the deal .....»»

Category: blogSource: zerohedgeJul 22nd, 2019

Goldman Sachs combining its private-investing units: WSJ

Wall Street bank Goldman Sachs Group Inc is combining its private-investing arms, with the resulting new division to have about $140 billion in assets, the Wall Street Journal reported on Sunday, citing people familiar with the matter......»»

Category: topSource: reutersJun 16th, 2019

European shares fall as growth worries linger; AMS, Stanchart rise

European shares fall as growth worries linger but AMS rises and StanChart lifts London's FTSE 100 after the bank unveiled plans for a share buyback of up to $1 billion, its first such in at least 20 years. Edward Baran reports......»»

Category: videoSource: reutersApr 30th, 2019

StanChart Makes the Right Billion-Dollar Move

Fierce competition means growth in Asia is hard to come by. The bank is smart to focus on returning capital instead. .....»»

Category: topSource: washpostApr 30th, 2019

Bank of America"s profit rises on higher interest rates, loan growth

The second-largest U.S. bank by assets said net income attributable to shareholders rose to $6.49 billion in the three months ended March 31 from $4.84 billion a year earlier......»»

Category: topSource: foxnewsApr 16th, 2018

Ixonia Bank extending presence to downtown Milwaukee, reveals growth plans

Ixonia Bank is embarking on a growth plan to build itself into a $1 billion company, and as part of that strategy, the firm will establish a presence in downtown Milwaukee and beef up its operations in Madison. With $320 million in assets, Ixonia B.....»»

Category: topSource: bizjournalsMay 8th, 2018

Dallas bank says it will hit $7B in assets in less than two years

Veritex Bank CEO Malcolm Holland expects Veritex to hit $7 billion in assets within the next two years. Holland attributes that growth to hiring great people......»»

Category: topSource: bizjournalsJun 15th, 2018

How First Green Bank"s fast growth may have attracted its new parent company

Founder and Chairman Ken LaRoe wanted to grow this community bank to $5 billion in assets......»»

Category: topSource: bizjournalsJun 16th, 2018

Investors Bank looks for merger partner

Investors Bank, whose growth has been pinched by rising interest rates, is looking for a suitor after 92 years of independence.The New Jersey-based lender with $26 billion in assets has hired... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 6th, 2018

Form D Friday: Denver-based real estate private equity firm raising $250M

The firm has more than $1.3 billion in assets under management......»»

Category: topSource: bizjournalsAug 16th, 2019

Hong Kong"s unrest could present a long-term opportunity: Citi

Roger Bacon of Citi Private Bank discusses the impact of the protests in Hong Kong on financial assets. He also says it's too early to tell if there are opportunities in the real estate market......»»

Category: realestateSource: cnbcAug 16th, 2019

Bailout #3: Chinese Bank With $200 Billion In Assets Is Nationalized

Step aside Baoshang .....»»

Category: blogSource: zerohedgeAug 9th, 2019

Hawaii State FCU sees uptick in loan balance and assets

Hawaii State Federal Credit Union reported an uptick in growth of 12.6% in loan balances and 7.5% in assets year-over-year. In the second quarter, the credit union hit a milestone by becoming Hawaii’s first billion-dollar credit union lender. .....»»

Category: topSource: bizjournalsAug 2nd, 2019

Pacific Valley Bank Announces 20% Growth of Total Assets since June 30, 2018, and an Increase of 19% in Net Income over the First Half of 2018

SALINAS, Calif., July 29, 2019 /PRNewswire.....»»

Category: earningsSource: benzingaJul 29th, 2019

Chinese Bank With $100 Billion In Assets Is Bailed Out

Step aside Baoshang Bank, it's time for Chinese bank bailout #2. Last Thursday, when reporting on the imminent failure of yet another Chinese bank in the inglorious aftermath of Baoshang Bank's late May state takeover, we dusted .....»»

Category: blogSource: zerohedgeJul 28th, 2019

Market Extra: Deutsche Bank pegs its derivatives exposure at about $22 billion — and faces challenges in shedding those assets

The bank’s book of derivatives has a bulging $50 trillion plus notional value. Its skin-in-the-game is far lower, but getting rid of derivatives is no easy task......»»

Category: topSource: marketwatchJul 26th, 2019

Chinese Bank With $100 Billion In Assets Is About To Collapse

While the western world (and much of the eastern) has .....»»

Category: blogSource: zerohedgeJul 25th, 2019