Tag Archives: Itau Unibanco

CIT Group, Inc. (NYSE:CIT) Plans to Buy Flagstar’s Loan Portfolio – CIT, IX, C, EWZ, BBD, ITUB, FXI, JPM, MS

On Wednesday,Commercial lender CIT Group, Inc. (NYSE:CIT)decided to purchase a $1.3 billion commercial loan portfolio from Flagstar Bank or FSB, a completely owned subsidiary of Flagstar Bancorp, Inc.

Flagstar anticipates the agreement to be substantially finished in the initial quarter …

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JP Morgan Chase &Co’s (NYSE:JPM) Allowed to Sell Texas Unit – JPM, BCS, C, ITUB, NLY, GNW, VWO, TZA, WFC

On Wednesday, a federal controller’s order punishing JP Morgan Chase &Co’s (NYSE:JPM)energy trading wing would not weigh over the unit’s business activity in the Texas wholesale power market, state and federal agencies reported.

Previous week, the Federal Energy Regulatory Commission …

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HSBC Holdings (NYSE:HBC) Mulling Over Sale of $9 Billion Stake in Ping An Insurance – BCS, C, GNW, ARR, KEY, FITB, SNV, ITUB

HSBC Holdings plc (ADR) (NYSE:HBC) is in discussion to vend its $9 billion stake in Ping An Insurance Co, the second-biggest insurer in China, as CEO of Europe’s largest lender by market value Stuart Gulliver comes under pressure to restore …

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NBT Plans to Buy Alliance Financial Through Stock Deal – ALNC, FNFG, KEY, AIG, BSBR, BAC, QQQ, C, ITUB

NBT Bancorp Inc. (NASDAQ:NBTB)reported on Monday that it will pay almost 2.18 shares of its stock for per share of Alliance Financial Corp. (ALNC) in a collaboration deal priced at $233 million.

The price worth Syracuse, NY-headquartered Alliance at $48 …

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Deutsche Bank (NYSE:DB) Cuts Rating on Hero MotoCorp to Sell – DB, ITUB, UBS, BLK

Deutsche Bank AG (USA) (NYSE:DB) on Monday lowered India’s Hero MotoCorp Ltd., the biggest motorcycle maker by sales volumes worldwide, to sell.

Deutsche Bank reported the impact of a projected structural change, following the end of the motorcycle maker’s joint …

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HSBC Holdings (NYSE:HBC) Solo Indian Board Member Retires; Picks Renato Fassbind to Board – HBC, BCS, BBD, ITUB

HSBC Holdings plc (ADR) (NYSE:HBC) reported on Friday that Co-founder of IT giant Infosys Ltd. ADR (NASDAQ:INFY) N R Narayana Murthy, only Indian on its board, would quit as its director at the finish of 2012.

UK-based global banking giant …

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