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India turns to corner shops, mobile phones for banking revolution
By Douglas Busvine and Devidutta Tripathy NEW DELHI/MUMBAI (Reuters) - India is betting that mobile phone vendors, fuel stations and corner stores can help it put basic banking within the grasp of hundreds of millions of its poor people living beyond the reach of traditional bank branches. The regulations announced by the central bank, the Reserve Bank of India (RBI), reflect a realization that ... Sun, 25 Jan 2015 18:06:29 -0800

Acquisition will grow U.S. wealth management business
Several years after selling its U.S. retail banking business, the Royal Bank of Canada ( TSX:RY ) is venturing south of the border again, with a US$5.4-billion deal to acquire Los Angeles-based City National Corp. Sun, 25 Jan 2015 15:42:12 -0800

PREVIEW Deutsche Bank seeks new strategy as it faces more bad results By Joern Bender and Erik Nebel, dpa
Sun, 25 Jan 2015 05:54:33 -0800

Banks rapidly transitioning to mobile services
Large national banks are aggressively moving into mobile banking service, which means less of a need for branches and bank tellers. Customer service reps at US bank branches are falling... Sun, 25 Jan 2015 05:16:33 -0800

Metrobank aims to launch stocks rights offer in April
LOCAL banking giant Metropolitan Bank & Trust Co. intends to launch its planned P32-billion stock rights offering by April this year. The exercise is aimed at raising funds for medium-term expansion of the bank, according to Metrobank chair Arthur Ty. The sale of new shares to existing investors will allow the bank to bring its tier 1 or core capital adequacy ratio to risk assets to 13 percent ... Sat, 24 Jan 2015 06:17:25 -0800

Royal Bank to buy U.S.-based City National in US$5.4-billion deal
Several years after selling its U.S. retail banking business, the Royal Bank of Canada (TSX:RY) is venturing south of the border again, with a US$5.4-billion deal to acquire Los Angeles-based City National Corp. The bank says the deal will allow it grow its wealth management business in the United States, a key focus for the bank as consumer borrowing in Canada begins to wane. "City National's ... Thu, 22 Jan 2015 14:43:59 -0800

Royal Bank Of Canada To Buy City National, California Bank That Caters To The Rich
TORONTO - Several years after selling its U.S. retail banking business, the Royal Bank of Canada (TSX:RY) is venturing south of the border again, with a US$5.4-billion deal to acquire Los Angeles-based City National Corp. The bank says the deal will allow it grow its wealth management business in the United States, a key focus for the bank as consumer borrowing in Canada begins to wane. "City ... Thu, 22 Jan 2015 08:41:57 -0800

U.S. Bank Congratulates Rick Hartnack on California Bankers Association "Distinguished Banker of the Year" Honor
Rick Hartnack, retired vice chairman and head of consumer and small business banking at U.S. Bank, was honored by the California Bankers Association with the “Distinguished Banker Thu, 22 Jan 2015 07:00:00 -0800

Why consumer banking is important for Bank of America
Consumer and Business Banking is Bank of America Corporation’s (BAC) largest segment. It contributes about a third of the bank’s total revenues. Wed, 21 Jan 2015 05:12:02 -0800

Bank of America: The second-largest US banking operation
Bank of America Corporation's (BAC) banking operations are the second-largest in the United States by assets. Mon, 19 Jan 2015 13:12:34 -0800

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