Popular, Inc. (NASDAQ:BPOP) today announced that Popular Community Bank
(“PCB”), its U.S. banking subsidiary, completed the previously announced
sale of its Illinois regional operations to First Midwest Bank, the
wholly – owned subsidiary of First Midwest Bancorp, Inc. (NASDAQ:FMBI).
As part of the transaction, PCB sold its 12 branches in the Chicago
metropolitan area, including $562 million in loans and $726 million in
deposits, each as of July 31, 2014.
By Enda Curran and Chester Yung
HONG KONG--Deutsche Bank AG filed suit against Lee Zhang, a former top executive in its Asian operations, for $3.9 million it claims was transferred from the bank to a company's account at a Chinese bank.
By Carla Mozee, MarketWatch
Priceline forecast falls short
-Carla Mozee; 415-439-6400; AskNewswires@dowjones.com
LONDON (MarketWatch) -- U.S. stock futures indicated gains for Wall Street Monday, finding support in part from a top Federal Reserve official's comments that suggest monetary policy may still be needed to aid recovery in the world's largest economy.
VANCOUVER, BC --
By Angela Johnson and Ben Eisen, MarketWatch
NEW YORK (MarketWatch) -- These are the stocks that are moving in premarket trade on Monday:
Kinder Morgan Inc.(KMI): The company is consolidating its vast oil-and-gas pipeline empire into a single company in a $44 billion deal, abandoning the financial structure of a master limited partnership that it helped popularize in the late 1990s.
By Gillian Tan and Ryan Dezember
Blackstone Group LP is nearing a deal to acquire Royal Dutch Shell PLC's half-stake in a huge Louisiana gas field, according to people familiar with the matter, as private-equity firms continue to gobble up oil companies' shale castoffs.
Oxbridge Re Holdings Limited (NASDAQ:OXBR), announced today that it will
release its results for the three-month and six-month periods ended June
30, 2014 and 2013 after the market closes on Thursday, August 14, 2014.
Amira Nature Foods Ltd (the “Company;” NYSE:ANFI), a leading global
provider of branded and packaged Indian specialty rice, announced today
that it has engaged FTI Consulting’s Strategic Communications practice
(“FTI Consulting”) to develop and implement a comprehensive investor and
media relations program for the Company.
J. Braxton Carter, Chief Financial Officer of T-Mobile US, Inc. (NYSE:
TMUS), will be the keynote speaker at 12:35 p.m. Eastern Daylight Time
on Wednesday, August 13 th at the 17 th Annual
Oppenheimer Technology, Internet & Communications Conference in Boston,
Mavenir Systems ® (NYSE:MVNR), a leading provider of
software-based networking solutions, announced today that it is among
the top five most installed IMS infrastructure vendors recognized by
operators in Infonetics Research’s IMS
Services Strategies and Vendor Leadership: Global Service Provider Survey .
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