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Columbia Banking System Announces First Quarter 2014 Earnings
TACOMA, Wash. , April 23, 2014 /PRNewswire/ -- Melanie Dressel, President and Chief Executive Officer of Columbia Banking System and Columbia Bank (NASDAQ: COLB ("Columbia") said today upon the ... Wed, 23 Apr 2014 12:45:00 -0700

First Midwest Bank to Acquire Chicago Banking Operations of Popular Community Bank
First Midwest Bancorp, Inc. announced today that its subsidiary bank, First Midwest Bank, has signed a definitive agreement to acquire the Chicago banking operations of Popular Community Bank, a subsidiary ... Wed, 23 Apr 2014 04:00:00 -0700

Simsbury Bank Announces Howard Zern’s Retirement and Retail Management Succession
Simsbury Bank announces that Howard R. Zern, Executive Vice President and Chief Retail Banking, Operations and Technology Officer, plans to retire effective April 30, 2014. Culminating a 40 year career in banking, Mr. Wed, 23 Apr 2014 03:00:00 -0700

Deutsche Bank to Cut Equities Staff in Latin America in €4.5bn Cost Reduction Plan
German banking giant Deutsche Bank plans to reduce its equities team in Latin America as firms sell fewer shares in the area, according to a report from Bloomberg. The financial services company is also said to be considering closing its equities business in Chile. The move is part of the employer's €4.5bn ($6.5bn, £3.7bn) cost reduction programme announced in 2012, according to the same report ... Wed, 23 Apr 2014 02:15:42 -0700

Standard Bank: banking services for the poor in South Africa
Standard Bank has developed a range of services for low-income, financially excluded South Africans. But inclusive banking is not without challenges In the townships of South Africa, cash rules. An estimated 8 million economically active South Africans have no access to a bank account. Most of those are lumped into a "low income" bracket by the banking sector and duly ignored. The day-to-day ... Tue, 22 Apr 2014 19:02:13 -0700

PSBank secures top corporate rating
Philippine Savings Bank (PSBank), the consumer and retail banking arm of Metropolitan Bank and Trust Company (Metrobank), was assigned the top issuer rating of PRS Aaa (corp.) by Philippine Rating Services Corporation. PSBank was the country’s second largest thrift bank (TB) in terms of assets, loans, deposits and capital as of December 31, 2013. Based on its published balance sheet, PSBank’s ... Tue, 22 Apr 2014 15:00:53 -0700

Bank First reports a 6.1% increase in earnings for first quarter 2014
MANITOWOC, Wis., April 22, 2014 /PRNewswire/ -- Bank First, subsidiary of the parent company First Manitowoc Bancorp, Inc. (BFNC), reported net income for the first quarter of 2014 of $3.2 million, compared to net income of $3.0 million in the prior year quarter of 2013. "Our first quarter results were fueled by the continued growth of our core banking business with loans increasing by 9.6% to ... Tue, 22 Apr 2014 09:22:00 -0700

Lending put bite on bank's profits
National Australia Bank's head of personal banking says fierce competition in the $1.2 trillion mortgage market is pressuring profit margins from home lending, as lenders scramble to win customers. Mon, 21 Apr 2014 23:56:12 -0700

Roel Louwhoff to become Chief Operations Officer of ING Bank
ING Bank welcomes Roel Louwhoff as Chief Operations Officer (COO) and member of the Management Board Banking per 1 May 2014. As announced at ING Bank`s Strategy update on 31 March 2014, in his function ... Mon, 21 Apr 2014 23:01:00 -0700

ICICI Bank's Touch Banking branches cross 100
Mumbai, Apr 21 : Private sector bank ICICI Bank has scaled up the number of its fully-automated Touch Banking branches to 100 in 33 cities across the country. Mon, 21 Apr 2014 18:20:46 -0700

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