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updated Sun. March 25, 2018

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Cullen/Frost Bankers logo Wall Street brokerages expect Cullen/Frost Bankers, Inc. (NYSE:CFR) to report sales of $327.94 million for the current quarter, Zacks reports. Five analysts have made estimates for Cullen/Frost Bankers' earnings, with the highest sales estimate coming in at $338.60 million ...
Community Bankers Trust (NASDAQ: ESXB) and PrivateBancorp (NASDAQ:PVTB) are both financials companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, risk, profitability, earnings, ...

Luxembourg's red-light district could soon be a home for bankers escaping Brexit. As the Grand Duchy prepares to welcome financiers relocating from the U.K., a lack of housing has pushed the price of relatively modest family homes beyond the 1 million-euro mark ($1.2 million). That's led to edgier ...
A proposed rollback of federal banking regulations enacted after the financial crisis a decade ago would help community and regional banks while maintaining consumer protections against the worst abuses of the giant national banks. That's the message from Georgia banking leaders following ...
More than a decade ago, bankers successfully fought off the retail giant Walmart as it tried to buy a bank by arguing that it was dangerous for commerce to mix with banking. But as technology has disrupted the financial system -- and the e-commerce giant Amazon has begun to break into banking ...
It may be an artificial-intelligence underdog for now, but the area where China is "winning" in AI is a major one -- big data. In fact, it may be big enough to win China the AI war. China's AI efforts lag those of the U.S. in hardware, research, algorithm development and commercialization, according to ...

Robert S. Rubin, an investment banker and philanthropist who as the chairman of the Brooklyn Museum deflected Mayor Rudolph W. Giuliani's threat to censure an exhibit he considered sacrilegious, died on Saturday at a hospital in Manhattan. He was 86. The cause was complications of pneumonia, ...
The bankers and accountants say in the letter, “We've had the opportunity to review the 'Sugar Policy Modernization Act' that sugar policy opponents proposed to Congress in November of 2017.” They told the committees that it's clear the food-manufacturer opponents of sugar policy do not know what the ...
Banks have responded by offering more time off — sometimes mandatory — better interaction with senior bankers and internal working groups and faster promotions to help address problems. One senior investment banker said more needs to be done. “We search high and low for the best and brightest ...
William Jan Shoemaker, of Amherst, a banker and business executive, died Feb. 19 in Leesburg Regional Medical Center, Leesburg, Fla., after a lengthy illness. He was 78. Born in Buffalo, he enlisted in the Navy after graduating from Bennett High School in 1957 and was an electronics technician on ...
The Maltese-registered Pilatus Bank, is seen at Whitehall Mansions in Ta' Xbiex, Malta March 21, 2018. REUTERS/Darrin Zammit Lupi Reuters. By John O'Donnell. FRANKFURT (Reuters) - Lawmakers and campaigners have criticized Malta's authorities for lax controls of a bank whose Iranian chairman ...
Looking ahead through 2018, bank executives see their businesses heating up—with expectations reaching new heights on overall economic conditions, according to Promontory Interfinancial Network's just-released Bank Executive Business Outlook Survey Report: Year in Review & What to Expect in ...
Banks have weapons to defend themselves, starting with their expertise, as one cannot simply turn into a banker within a few months. There is also the trust factor to consider, we don't give our money over to just any third party. Additionally, there are still very protective regulations in the banking sector.
CANFIELD, Ohio — Farmers National Banc Corp., the parent of Farmers National Bank, has received the 2017 Raymond James Community Bankers Cup. The Bankers Cup is a competitive award, Farmers noted in announcing the award. In making its determination, Raymond James, a financial services ...
At the Philadelphia Business Journal's “Navigating the New Banking Landscape” event last week, we asked our panel of six local bank executives to tell us about something people are not talking about now regarding banking but could be in the coming years. Here are their responses: Bank of America ...

Elgin Thompson, managing director of Digital Capital Advisors, will speak at AdExchanger's upcoming Programmatic IO conference on April 10-11 at the Marriott Marquis in San Francisco. The passion of Wall Street's 2013-era love affair with ad tech may have cooled, but investment banker Elgin Thompson ...
MOUNT PLEASANT, S.C. (WCBD) — Longtime Mount Pleasant businessman and banker Wayne Pearson has died, News 2 has learned. He was 70 years old. Pearson was the President and Chief Executive Officer of Lowcountry Savings Bank in Mt. Pleasant from 1986 until it was acquired by Carolina ...
This March 15, 2018 photo provided by the Mecklenburg County Sheriff's Office shows Christian McCall at the Mecklenburg County jail in North Carolina. McCall, a banker suspected of killing a police officer and wounding three others after a domestic dispute two months ago, spent eight years in the Army ...
How bankers refer clients to alternative lenders ... Not too long ago, bankers didn't have many alternative lending companies to refer a declined client. ... If the banker is familiar with alternative lending products available to business owners, he/she may be able to help the client get the funding needed, and ...
But Emmanuel Macron, France's president, is pushing for Paris and in November nabbed the London-based European Banking Authority. Frankfurt's early lead may not hold: “The Brexit process is not complete,” cautions one top European banker. So Frankfurt's marketing men, like Mr Menges, are stepping ...
Curt is a graduate of the Midwest School for Community Bankers, attended Purdue Ag Banking School, and completed the Omega Credit Training Program. He also completed numerous banking classes at Edison Community College, Sinclair Community College, and IU East in Richmond, Indiana.
Now that President Trump has scuppered the takeover (citing “national security” concerns), it's time to spare a thought for the many bankers who've already shed sweat working on it and have suddenly realised that their efforts have all been for nothing. The presidential prohibition is not only a massive ...
A wood-fired Neapolitan-inspired pizzeria will soon open in the cozy Eastside cove of El Sereno. Fahrenheit LA comes from first-time restaurant owner John McLellan, and should open by the end of March, according to The Eastsider. Eater spoke with McClellan about the menu, which offers both traditional ...
“CNO Financial and Bankers Life have been the naming rights sponsor of the Fieldhouse for nearly two decades, and we achieved and exceeded many of our sponsorship goals throughout the length of this partnership,” said Gary Bhojwani, CEO of CNO Financial. “CNO is proud to be headquartered in ...
Kazakhstan has effectively outlawed a political movement created online by an exiled opponent of Nursultan Nazarbayev, after it called for street protests against the country's long-term president. Mukhtar Ablyazov, a former chairman of Kazakhstan's biggest bank who now lives in France, has attacked ...
To manage aphid infestations in greenhouses, growers can introduce banker plants that draw different species of aphids that don't feed on the main crop but that, crucially, serve as attractive hosts for parasitoid wasps, which will then also parastize the pest aphids on the main crop. Banker plants can be ...
HAHIRA — The man known throughout South Georgia as a banker was once dubbed the youngest mayor in America. At the age of 22, David King "D.K." Hollis Jr. was elected mayor of Hahira. Grit newspaper called him the youngest mayor in America. “I enjoyed being mayor,” Hollis said in a past interview.
As bake-offs go it was pretty unusual: a part-time disc jockey and a karate black belt vying to be the next leader of arguably the world's most influential bank. On Monday, Goldman Sachs Group picked the D.J.. David M. Solomon, 56, a longtime investment banker, has been anointed as the sole heir ...
The development is likely to anger senior bankers who want to abolish the bonus restrictions that were opposed by George Osborne, chancellor when the cap was introduced in 2013. Mark Carney, the governor of the bank of England, suggested in November that it was an area where the UK could deviate ...
If the popularized idea about technology startups is to be believed, their workplaces are more like playgrounds than offices. But maybe that is not as bad as some television shows and movies would have you think. For the 20 companies on American Banker's inaugural "Best Fintechs to Work For" list, ...
A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010. Goldman Sachs Group Inc. racked up trading profits for itself every day last quarter. Clients who followed the firm's investment advice fared far worse. Photographer: ...
Roughly two decades ago China made a momentous decision to win the hearts of global capitalists and gain entry to the world's biggest club of trading nations. It promised to deregulate its financial sector and open its banking market to foreign players. Seventeen years down the track, some rule changes ...
Along with investigating agencies, both the banking regulator and the government—the majority owner of 70% of India's banking industry—have swung into action. Many bankers are being questioned and a few arrested even as the banks have been directed to do many things—ranging from integrating the ...
David Kowach, the president of Wells Fargo Advisors, underscored to rivals and employees this week that some bankers and “relationship advisors” who work at Wells brokerage and bank branches are not protected by the Protocol for Broker Recruiting, despite being registered brokers. The warning, in a ...
The banker caught up in Russia scandal, Mulvaney vs. Warren Part XIII, CU tax: Top stories of the week. By. Christopher Wood. Published. March 02 2018, 4:32pm EST. More in. Credit unions · Community banking · Fintech · Fraud · M&A · Mick Mulvaney · Elizabeth Warren · CFPB · JPMorgan Chase · BB&T. print.
Brian Gu, JPMorgan's veteran investment banker and chairman of its Asia-Pacific investment banking operation, is joining Chinese electric car start-up Xiaopeng, to lead its global expansion drive. As vice-chairman and president of Guangzhou-based Xiaopeng, also called Xpeng, Gu will directly report to ...
Why do bankers hate bitcoin? As the most popular form of cryptocurrency, some financial experts complain that it remains too volatile and has ties to cybercrime. As a result, calls are now rising for increased regulation of the virtual cash. Advocates, however, suggest the reason is a fear of the unknown, and ...
EVANSVILLE, Ind. -- Gary Roan's decision to become a banker can be traced back to an episode of housing discrimination in 1960. His father's businesses were thriving, and his parents decided it was time to move out of their duplex and into a single-family home. “I remember going to look at the house, ...
The lawmakers cited NBC's report in their request, along with a Wall Street Journal report that the banker, former Trump campaign adviser Stephen Calk, hoped to be named secretary of the Army and called military officials to ask for preparatory briefings. Lynch and Cummings called the reports "extremely ...
The state's first recreational marijuana shops can open in four months. But as of right now, there's only one bank in Greater Boston that's known to take deposits from medicinal marijuana businesses — Century Bank — and there's no indication the Medford-based institution is willing to do business with ...
If you bank by phone, you better be careful. Malicious mobile-banking software aimed at taking over consumer bank accounts has threatened up to 10 percent of consumer cell phones, security experts warn. Worse, the software is so sophisticated that it can easily trick even savvy consumers into divulging ...
NEW YORK — Recently filed federal charges against President Trump's ex-campaign chairman Paul J. Manafort could also pose legal and regulatory risks for the banks that lent him millions of dollars against his New York real estate in recent years. The most serious exposure may be for a Rhode ...
Madison Police Chief Mike Koval told News 3 that witnesses said the robber, who was a Latino man in his 20s, gestured as if he had a weapon and held up a bag demanding money. A weapon was not seen, Koval said. The armed security guard who works for the bank confronted the robber and then shot ...
The I-Team has learned that former Donald Trump campaign chairman Paul Manafort's name has been dragged into a high-dollar Chicago divorce case. (WLS). WLS. By Chuck Goudie and Ross Weidner. Friday, February 23, 2018 06:33PM. CHICAGO (WLS) --. Faced with his co-defendant's guilty plea on Friday and with a ...
“We always think it's better for businesses to be involved in the mainstream system,” said Jon Skarin, senior vice president of the Massachusetts Bankers Association. “That said, without a change in federal law — or at very least some kind of guidance from federal law enforcement — it will be very difficult for ...
NEW YORK (AP) - Recently filed federal charges against President Donald Trump's former campaign chairman could also pose legal and regulatory risks for the banks that loaned him millions of dollars against his New York real estate in recent years. The most serious exposure may be for a Rhode ...
Former Goldman Sachs investment bankers Kevin Glynn and David Nolan quit the company to launch a homecooked dog food delivery service. They were initially backed by two of their Goldman bosses. After raising £1 million in funding in October, last week they announced a further £5 million in investment. Their clients ...
"Looks Dr'd," the unnamed banker allegedly wrote. "Can't someone just do a clean excel doc and pdf to me??" Peter Lugcht, a bank spokesman, declined to acknowledge that Citizens was "Lender B" or answer questions about whether Citizens had reported the alleged loan application fabrications to the ...


 

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