Today Lucid Motors announced a new digital financing platform called Lucid Financial Services to provide lease and loan purchase options to Air EV customers in the United States. The financing options are provided through a strategic relationship between Lucid Group and Bank of America. Lucid Motors ($LCID) is currently delivering […]
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iSwiss, the Bank That Changed Global Finance
The world of international finance is experiencing years of great changes and Aleo Christopher is certainly one of the protagonists. At the age of 36, he already has various international financial experiences that led him to found iSwiss, a Swiss international Group. It is a passion for finance that Aleo […]
Lebanon recovery plan includes central bank debt write-off, haircuts to depositors
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Lebanese President Michel Aoun heads a final cabinet meeting before the government enters a caretaker status at the presidential palace in Baabda, Lebanon May 20, 2022. Dalati Nohra/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register May 20 (Reuters) – Lebanon’s government foresees cancelling “a large part” […]
Ujjivan Small Finance Bank share price: Buy Ujjivan Small Finance Bank, target price Rs 20: ICICI Securities
has buy call on Ujjivan Small Finance Bank with a target price of Rs 20. The current market price of is Rs 17.3. Time period given by analyst is one year when . price can reach defined target. Ujjivan Small Finance Bank Ltd., incorporated in the year 2016, is a […]
Elvira Nabiullina, Head of the Central Bank, Is Guiding Russia’s Economy
“She’s well-trusted in the government and by the president,” said Sofya Donets, an economist at Renaissance Capital in Moscow who worked at the central bank from 2007 to 2019. In recent years, it was quite evident that all kinds of policy questions in the financial sphere were delegated to the […]
PNC Bank Appoints Yolanda Davila as Community Development Banking Southwest Territory Executive
Northampton, MA –News Direct– PNC Financial Services Group HOUSTON, April 28, 2022 /3BL Media/ – PNC Bank today named Yolanda ‘Yoly’ Davila to the position of Southwest territory executive for Community Development Banking, encompassing the states of Texas, Colorado, New Mexico, Arizona and California. “As a Main Street bank committed […]
Bank expected to report lackluster Q1 results
JPMorgan Chase & Co. (JPM), the largest U.S. bank by assets, is the first among a lineup of mega banks to unveil first quarter results this week as earnings season kicks off. The company has been a strong outperformer in the banking sector, which lagged the broader market meaningfully this […]
US FDIC Requests Comment On Bank Merger Oversight Framework – Finance and Banking
On March 25, 2022, the Federal Deposit Insurance Corporation (“FDIC”) issued a Request for Information (“RFI”) on the regulatory framework that applies to merger transactions involving one or more insured depository institutions.1 The long-expected RFI solicits comment on the effectiveness of the existing framework under the Bank Merger Act (“BMA”)2 and is […]
India’s HDFC And HDFC Bank Will Merge To Create Financial Giant
Pedestrians walk past an HDFC Bank branch in Mumbai, India, on December 4, 2020. Dhiraj Singh/Bloomberg India’s largest mortgage lender Housing Development Finance Corporation (HDFC) has announced that it will merge with the country’s largest private sector lender, HDFC Bank. The merger will create one of India’s largest financial conglomerates […]
Bank of America Mobilized and Deployed $250 Billion in Sustainable Finance Capital in 2021
Company is accelerating its capital mobilization and deployment as part of its $1.5 trillion by 2030 sustainable finance goal that is committed to environmental transition and inclusive social development CHARLOTTE, N.C., April 4, 2022 /PRNewswire/ — Bank of America announced today that it mobilized and deployed approximately $250 billion in […]
HDFC Bank creates Indian lending behemoth in $40 billion deal
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Deal valued at $40 bln – HDFC Bank CEO HDFC Ltd shareholders to get 42 HDFC Bank shares for 25 held Combined company to have balance sheet of $237 bln HDFC Bank shares up 10%, HDFC Ltd surges 9.3% Combined firm worth about $160 bln at current prices – Jefferies […]
FDIC Issues Request For Information And Comment On Bank Mergers – Finance and Banking
United States: FDIC Issues Request For Information And Comment On Bank Mergers 04 April 2022 Cadwalader, Wickersham & Taft LLP To print this article, all you need is to be registered or login on Mondaq.com. Last week the FDIC announced it will […]