Global Commerce Bank of Doraville, Georgia becomes the 12th failed bank of the year. As of Dec. 31, Global Commerce had about $143M in total assets …
Feb 15 - Standard & Poor's Ratings Services withdrew its 'A-2' and 'A-1' short-term issuer credit ratings on Commerce Bancshares Inc. and the company's operating subsidiary, Commerce Bank N.A.,...
The FDIC closes Patriot Bank of Georgia and CreekSide Bank of Woodstock, Georgia. The deposits, totaling $252M, will be assumed by Georgia Commerce Bank . The closures bring the total number of failed banks to 70 this year. Post your comment!
BERLIN, June 28 (Reuters) - Airbus, China Aviation Supplies and Industrial Commerce Bank of China signed a deal for 62 Airbus A320 aircraft, company sources said on Tuesday. (Reporting by Berlin bureau; Writing by Maria Sheahan)
… sources is mixed, as near-term reductions in credit lines must be balanced against the pending acquisition of Southern Commerce Bank . Upon closing, that purchase will afford NewStar a deposit base and access to the Federal Reserve.
… s precarious funding position was somewhat ameliorated by the announcement that it intended to purchase Southern Commerce Bank . NewStar's access to funding should become more certain upon completion of the deal, thanks to the acquired bank …
NewStar Financial NEWS has agreed to acquire Florida-based Southern Commerce Bank . The acquisition price will be based on the tangible book value of Southern Commerce on the closing date, but preliminary estimates …
Commerce Bancshares CBSH reported very solid second-quarter results. Positives included in-line provision expense and credit losses (up just 0.09% compared to the first quarter), stable nonaccrual loan levels and delinquencies, net interest margin expansion, and a very strong capital position. All
… our above-average risk rating. The stock price has dropped substantially since late June, when news broke of two Commerce bank officers' arrests and a pending investigation into the bank's involvement in a "pay-for-play" scandal. Given …
… his mutual fund from 22% two months ago? 'Technology is the only thing that's working,' says the manager of Commerce Bank 's Commerce Growth Fund CFGRX , with $500 million in assets. 'I can give you a lot of cheap growth stocks outside …