Bank of America Cracks $8: Financial Winner
NEW YORK (TheStreet) -- Bank of America was the winner among the largest U..S. banking names on Wednesday, with shares rising 4% to close at $8.13. The broad indexes saw slight gains, as investors continued to wait for European Central Bank member nations to agree on contributions to the Greek sovereign debt restructuring, as part of a 130 euro ($171 billion) bailout, to which the European Union ... Wed, 08 Feb 2012 13:16:09 -0800

U.S. Bank Offers Memorable, Comical Lessons in Information Security with Videos Featuring Tami the Chronic “Oversharer”
Tami is a cybercriminal’s dream come true. She’s also the star of four new banking security awareness videos that U.S. Bank is sharing via Facebook and YouTube. Wed, 08 Feb 2012 07:00:00 -0800

Turkey's Largest Public Banking Organization Selects EMC Documentum to Drive Business Transformation
HOPKINTON, Mass., Feb. 8, 2012 /PRNewswire/ --News Highlights:Ziraat Bank, the largest public banking organization in Turkey, chooses EMC Documentum to anchor its information management strategy and improve ... Wed, 08 Feb 2012 06:00:00 -0800

Wilshire Will Reward Those Banking on Its Turnaround
The market is discounting this firm's improving credit quality and attractive business model. Wed, 08 Feb 2012 04:00:00 -0800

Malayan Banking: Priced $400 Million Senior Notes At 3.004%
Malayan Banking Bhd. (1155.KU), Malaysia's largest bank by total assets, said Wednesday it priced US$400 million of five-year Regulation S senior unsecured notes to yield 3.004%, or 230 basis points over five-year U.S. Treasurys. Wed, 08 Feb 2012 03:15:44 -0800

Union Bank Reports Growth in Business Banking Group
Union Bank is expanding its business banking group this year, after nearly doubling its loan volume in this type of lending last year, the bank said Feb. 2. Tue, 07 Feb 2012 23:14:52 -0800

Global watchdog official says banking reforms must proceed
TORONTO (Reuters) - The underperforming global economy should not be allowed to delay financial system reforms, a senior official at the Financial Stability Board (FSB), a global watchdog set up by the Group of 20 nations, said on Tuesday, adding that the FSB will propose new rules on so-called shadow banking by year-end. Bank of Canada Senior Deputy Governor Tiff Macklem, who chairs a key FSB ... Tue, 07 Feb 2012 07:15:48 -0800

M&T Bank Best in Nation for Small Business Banking
BUFFALO, N.Y., Feb. 7, 2012 /PRNewswire/ -- M&T Bank won a total of 14 Greenwich Excellence Awards for Small Business Banking —12 national wins and two regional honors — garnering the most total awards ... Tue, 07 Feb 2012 06:30:00 -0800

Q+A - What is shadow banking and why does it matter?
LONDON, Feb & (Reuters) - The shadow banking system makes up 25 to 30 percent of the total financial system, according to the Financial Stability Board (FSB), a regulatory task force for the world's group of top 20 economies (G20). This largely unregulated sector was worth about $60 trillion in 2010, having grown from an estimated $27 trillion in 2002, according to the FSB. While the sector's ... Tue, 07 Feb 2012 04:43:05 -0800

DealBook: UBS Profit Falls 76% on Loss in Investment Banking
The large Swiss bank's fourth-quarter earnings fell to 393 million Swiss francs, or $427 million, as gains at UBS's wealth management unit failed to make up for the investment banking loss. Tue, 07 Feb 2012 01:48:14 -0800