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Bloomberg· 2025-06-27 09:49
The Bank of England is considering ways to dilute the initial impact of new trading book capital rules so the UK can move forward with a wider package of global banking reforms https://t.co/8u4AKs3526 ...
Loosening capital requirements will lead to increased bank M&A, says RBC’s Gerard Cassidy
CNBC Television· 2025-06-26 21:44
Genius Act. We know all the things we're talking about. I think JP morgan's going to be right there.>> All right. For more on the strength in banks, I had a stress test in the start of earnings season. Let's bring in RBC Capital Markets.Co-Head of Global financials Research Gerard Cassidy. Gerard, great to see you. Are you expecting any surprises tomorrow.>> We're really not. I think tomorrow we should all expect is that the banks will all pass and flying colors like they have for a number of years of, you ...
Stifel Reports May 2025 Operating Data
Globenewswire· 2025-06-26 20:15
ST. LOUIS, June 26, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for May 31, 2025, in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed. Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, “In May, recruiting and market appreciation drove a 3% increase in total client assets and a 4% increase in fee-bas ...
Lesaka and Bank Zero Merge Ambitions in Landmark Transaction
Globenewswire· 2025-06-26 20:05
Core Viewpoint - Lesaka Technologies, Inc. has announced the acquisition of Bank Zero Mutual Bank, aiming to enhance its fintech platform and banking capabilities, with a transaction value of up to ZAR 1,091 million ($61.4 million) [1][5][6] Group 1: Acquisition Details - Lesaka will acquire 100% of Bank Zero's issued ordinary shares, with Bank Zero shareholders expected to own approximately 12% of Lesaka's fully diluted shares post-transaction [1][5] - The acquisition consideration includes newly issued shares and up to ZAR 91 million ($5.1 million) in cash, based on an assumed share price of ZAR 88.26 ($4.97) [1][5] - The transaction is subject to customary closing conditions and regulatory approvals, including those from the South African Reserve Bank and Competition Commission [2] Group 2: Bank Zero Overview - Bank Zero is a South African digital bank founded in 2018, offering a zero-fee banking model and a secure app-driven platform [3][16] - As of April 2025, Bank Zero had a deposit base exceeding ZAR 400 million and over 40,000 funded accounts [3] Group 3: Strategic Rationale - The acquisition is a strategic move for Lesaka to build a vertically integrated fintech platform, combining Bank Zero's digital banking infrastructure with Lesaka's fintech capabilities [4][8] - Expected benefits include optimized balance sheets, reduced reliance on bank debt, and potential gross debt reduction of over ZAR 1.0 billion post-completion [4][6] Group 4: Leadership and Governance - Following the acquisition, key Bank Zero leaders, including Michael Jordaan and Yatin Narsai, will join Lesaka's board and continue in their current roles [9][10] - The transaction reflects a long-term strategic partnership aimed at enhancing customer service and operational efficiency [13]
Hanover Bank Opens Tenth Branch in Port Jefferson, Long Island Enhancing Banking Services to Suffolk County
Globenewswire· 2025-06-25 12:00
To celebrate the opening, Hanover Bank invites business leaders, residents, and community stakeholders to stop by and meet the local banking team and learn about the range of financial services now available in the heart of Port Jefferson. A formal Grand Opening cocktail party will be held at a later date. About Hanover Community Bank and Hanover Bancorp, Inc. Hanover Bancorp, Inc. (NASDAQ: HNVR), is the bank holding company for Hanover Community Bank, a community commercial bank focusing on highly personal ...
3 International Bank Stocks With Strong Dividends
MarketBeat· 2025-06-24 12:33
The U.S. stock market stumbled near all-time highs last week, prompting investors to review the landscape. With conflicts brewing overseas and economic data beginning to weaken, it might be time to once again focus on income over capital appreciation. One area with both strong growth prospects and dividends is the international banking sector, and today we’ll look at three international bank stocks that could help preserve capital if market conditions break down. Get Banco Santander alerts:The End of U.S. E ...
波兰银行业指数延续涨势,最新上涨3.28%
news flash· 2025-06-24 08:34
波兰银行业指数延续涨势,最新上涨3.28%。 ...
Australia Retail Banking Competitor Benchmarking Report 2025: ANZ Leads with Nearly 75% of Its Customers Holding Three or More Products, While ING Lags in Credit Card Penetration
GlobeNewswire News Room· 2025-06-23 14:32
Dublin, June 23, 2025 (GLOBE NEWSWIRE) -- The "Australia Retail Banking: Competitor Benchmarking" report has been added to ResearchAndMarkets.com's offering.This report benchmarks the largest retail banks in Australia across a range of financial and customer satisfaction metrics. The report analyzes gains/losses in market share, depth of customer relationships, consumer pain points, and key metrics including NPS, cross-selling, and digital satisfaction.The Australian retail banking landscape is undergoing ...
Higher for longer rate environment benefits banks, says Chris Marinac
CNBC Television· 2025-06-18 22:17
And outside of that's what markets want. I don't think so. And I think the fed did what they had to do.>> We're going to move on here to a sector that is obviously largely affected by rates. Bank stocks meanwhile, did hold on to their gains after this fed decision. And there was also news that the central bank is considering easing capital requirements for big banks next week.So for more on that, let's bring in Chris Mamaroneck. He's of Janney Montgomery Scott Chris, what do you make, I guess, of what the f ...
Oma Savings Bank Plc’s composition of Shareholders’ Nomination Committee
Globenewswire· 2025-06-18 12:55
OMA SAVINGS BANK PLC STOCK EXCHANGE RELEASE, 18 JUNE 2025 AT 15:55 P.M. EET, OTHER INFORMATION DISCLOSED ACCORDING TO THE RULES OF THE EXCHANGE Oma Savings Bank Plc’s composition of Shareholders’ Nomination Committee According to the shareholder list on 1 June 2025, representatives of the five largest shareholders have been appointed to the Nomination Committee of Oma Savings Bank Plc (OmaSp or Company): Raimo Härmä, appointed by Etelä-Karjalan SäästöpankkisäätiöAri Lamminmäki, appointed by Parkanon Säästöp ...