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Deutsche Bank passes ECB test, braces for Libor deal - sources
Deutsche Bank (DBKGn.DE) passed the stress test led by the European Central Bank by a wide margin, showing balance sheet strength well above the minimum requirements set by Europe's new banking regulator, two sources familiar with the matter said on Friday. The ECB review is only one of the challenges faced by Juergen Fitschen and co-CEO Anshu Jain, who have already raised 8.5 billion euros ($10 ... Fri, 24 Oct 2014 07:56:16 -0700

Ally Bank Named "Best Online Bank" by Kiplinger's Personal Finance Magazine
MIDVALE, Utah, Oct. 24, 2014 /PRNewswire/ -- Ally Bank, the direct banking subsidiary of Ally Financial Inc. (ALLY), has been named "Best Online Bank" by Kiplinger's Personal Finance magazine as part of its annual "Best List" (December 2014) cover story. Each year, Kiplinger's chooses the top products and services in categories such as stocks, credit cards, travel, cars and more, including banks ... Fri, 24 Oct 2014 07:00:00 -0700

New bank TSB gains customers in challenge to big banks
New British bank TSB (TSB.L) said it was picking up nearly one in ten of all new current accounts being opened in the UK, swelling its deposit base as competition intensifies for the country's biggest lenders. As a result, the bank hived off from Lloyds Banking Group (LLOY.L) to challenge dominant lenders said it was ahead of a target to grow its share of Britons' personal current accounts to 6 ... Fri, 24 Oct 2014 02:21:13 -0700

First Bank Recognized as a Top Small-Cap Bank in U.S.
First Bank today announced that it has been recognized as one of the top 35 small-cap banks in the United States, according to investment banking firm Sandler O'Neill and Partners.Sandler O'Neill admitted ... Thu, 23 Oct 2014 12:14:50 -0700

Credit Suisse flags more investment bank cuts
Credit Suisse (CSGN.VX) is to make more cuts at its investment bank, which helped the Swiss group to produce stronger-than-expected earnings in the third quarter. The bank has already scaled back its investment banking division, mainly in fixed income, to try to balance it more evenly with its private banking arm, which caters to the financial needs of the wealthy. Credit Suisse told investors ... Thu, 23 Oct 2014 07:34:03 -0700

Europe's banks face moment of truth from ECB review
By Laura Noonan and Eva Taylor LONDON/FRANKFURT (Reuters) - The euro zone's 130 biggest banks received the European Central Bank's final verdict on their finances on Thursday after a review aimed at drawing a line under persistent doubts about the health of the region's banking sector. Most lenders already had a good idea of how they had fared in the region's most comprehensive-ever bank tests ... Thu, 23 Oct 2014 06:18:44 -0700

Columbia Banking System Announces Third Quarter 2014 Earnings
TACOMA, Wash., Oct. 23, 2014 /PRNewswire/ -- Melanie Dressel, President and Chief Executive Officer of Columbia Banking System and Columbia Bank (NASDAQ: COLB) ("Columbia") said today upon the ... Thu, 23 Oct 2014 05:00:00 -0700

Lloyds was not pushed to sell branches to Co-operative Bank- lawmakers
By Matt Scuffham LONDON (Reuters) - Lloyds Banking Group's aborted attempt to sell hundreds of branches to the Co-operative Bank was not influenced by politicians, a committee of lawmakers said on Wednesday. The sale collapsed in April last year and the full scale of Co-op Bank's problems later became apparent when a 1.5 billion-pound capital shortfall was exposed and it was forced into a ... Wed, 22 Oct 2014 16:10:07 -0700

Bank Branch Location Is Key: One Third Of Americans Choose Their Bank Account By Proximity
Despite the proliferation of online and mobile banking options, Americans still expect brick-and-mortar bank branches, and location is key when Americans choose their primary bank account according to the latest YouGov Omnibus research. A third of Americans (33%) who use branch based banking picked their primary bank account for proximity to their home. Family recommendations (18%) and types of ... Wed, 22 Oct 2014 12:44:00 -0700

First Nations Bank of Canada Community Banking Centre Opens in Pond Inlet, Nunavut
First Nations Bank of Canada Community Banking Centre Opens in Pond Inlet, Nunavut Wed, 22 Oct 2014 06:30:00 -0700

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