updated Mon. September 30, 2024
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News18
March 31, 2018
ICICI, the country's largest private bank, is embroiled in a controversy after a blog post highlighted a letter written by one of its shareholders to the Prime ... On its loan exposure to Videocon Group, ICICI Bank had said it was not the lead in the consortium of 20 lenders that granted loans to the conglomerate.
StockNewsTimes
March 30, 2018
3M logo Independence Bank of Kentucky bought a new stake in 3M Co (NYSE:MMM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 880 shares of the conglomerate's stock, valued at approximately $207,000.
Finance Magnates
March 30, 2018
Deutsche Bank's chairman Paul Achleitner has reached out to Juerg Zeltner, the former head of UBS Group AG's $1.3 trillion wealth-management unit, ... is said to have flared over the latter's approach towards HNA Group Co, the Chinese conglomerate which became the company's top shareholders. .
U.S. News & World Report
March 29, 2018
NEW YORK (Reuters) - The Iranian chairman of a Maltese bank on Wednesday pleaded not guilty to U.S. charges that he took part in a scheme to ... fact that a Venezuelan state-owned energy company was paying his family's Iran-based Stratus Group conglomerate in U.S. dollars through the U.S. financialÃâà...
Nasdaq
March 28, 2018
Multiple reports circulated in online blogs and social media in India last week, alluding to alleged conflict of interest in ICICI's lending to Videocon, alleging that the conglomerate was favoured by the bank's CEO. The rumours emerged at a time when the Indian banking sector is on edge, after state-runÃâà...
Barron's
March 28, 2018
Stockholm-based Nordea Bank (NDASEK.Sweden), the largest bank in the Nordic region and the 10th largest in Europe by market value, has forbidden managers in its sustainable funds from buying Facebook (FB) shares in the wake of the most recent revelations about the company's failure to protect itsÃâà...
CNBC
March 27, 2018
Deutsche Bank is seeking to replace Chief Executive John Cryan amid an intensified boardroom row over the bank's future and alarm at its ... Cryan and Achleitner are said to have disagreed over their approach to HNA Group, the Chinese conglomerate which became the German bank's largestÃâà...
South China Morning Post
March 22, 2018
Its parent, HNA, emerged as a powerful conglomerate that went on an aggressive spree of asset purchases around the globe, including taking stakes in hotel group Hilton Worldwide Holdings and in Deutsche Bank. But HNA is now under pressure to sell assets to cut its huge debt levels after coming underÃâà...
Caixin Global
March 20, 2018
Conglomerate Tomorrow Holdings Group holds a controlling stake of a bank that recently abandoned its mainland listing after regulators raised questions about its shareholders, Caixin has learned. Tomorrow Holdings' control of Harbin Bank Co. through five related companies illustrates how the opaqueÃâà...
StockNewsTimes
March 4, 2018
Danaher logo Canandaigua National Bank & Trust Co. lessened its position in shares of Danaher Co. (NYSE:DHR) by 5.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,526 shares of the conglomerate's stock after sellingÃâà...
StockNewsTimes
March 4, 2018
SunTrust Banks analyst T. Richardson now anticipates that the conglomerate will post earnings of $0.55 per share for the quarter, down from their prior ... Royal Bank of Canada lowered their price objective on Macquarie Infrastructure to $55.00 and set an “outperform” rating on the stock in a research reportÃâà...
The Ledger Gazette
March 4, 2018
Deutsche Bank reiterated their sell rating on shares of General Electric (NYSE:GE) in a research note issued to investors on Thursday, February 8th. Deutsche Bank currently has a $13.00 price target on the conglomerate's stock, down from their prior price target of $15.00. GE has been the subject of aÃâà...
The Ledger Gazette
March 4, 2018
United Technologies logo Bank of Montreal Can grew its holdings in United Technologies Co. (NYSE:UTX) by 12.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,026,764 shares of the conglomerate's stock after buying an additional 116,578 shares duringÃâà...
StockNewsTimes
March 4, 2018
Carlisle Companies logo Carlisle Companies (NYSE:CSL)'s stock had its “buy” rating reiterated by research analysts at SunTrust Banks in a report issued on Friday, February 9th. They presently have a $130.00 target price on the conglomerate's stock. SunTrust Banks' price target indicates a potentialÃâà...
HuffPost
March 1, 2018
But the new deregulation bill would raise that minimum definition of big banks to $250 billion in assets ― which means even huge regional players like BB&T and Regions Bank would no longer have to follow the tougher Dodd-Frank rules. Foreign conglomerates with trillions of dollars in global assets likeÃâà...
Euromoney magazine
December 31, 1999
For a frontier economy of $87 billion, with moderate growth and just 21 million people, Sri Lanka has far too many banks. Customers have a choice of 25 commercial lenders, seven specialists and 47 non-banks. The bigger players include state-owned Bank of Ceylon (BoC) and People's Bank, as well asÃâà...