Wednesday, April 7, 2010 as of 11:14 AM ET
A commercial bank (or business bank) is a type of financial institution and intermediary. It is a bank that provides transactional, savings, and money market accounts and that accepts time deposits.
Read More at Wikipedia ›CFTC Commissioner Bart Chilton on why the Volcker Rule needs to be streamlined.
Katy Burne and Max ColchesterLONDON -(Dow Jones)- A complex web of credit-derivatives trades that blew up in the face of J.P. Morgan Chase & Co. (JPM) in recent week...
Investment in property development in China slowed in April, as housing sales continued to be weak despite government campaigns to bring down prices and support firs...
FBN’s Charlie Gasparino on JPMorgan raising its estimated losses from its Chief Investment Office and its impact on the bank.
Industrial & Commercial Bank of China Ltd. (1398.HK) has told its branches to stop offering discounts on mortgages for first-home buyers, according to an article pos...
The Federal Reserve said Wednesday it approved the expansion of the U.S. operations of three of China's largest banks, including the first acquisition of a U.S. bank...
Three of the largest state-owned Chinese banks have received approval to expand their operations in the United States, the Federal Reserve said Wednesday. The Fed wi...
Stronger oversight and regulation of the money market mutual fund industry is likely needed, former Federal Reserve Chairman Paul Volcker warned lawmakers in testimo...
China Construction Bank Corp. (0939.HK), one of China's biggest banks, is in talks to buy the South American assets of ailing German lender WestLB AG, in a deal that...
China State Construction Engineering Corp. (601668.SH) said Wednesday it has signed a memorandum of cooperation on the first phase of a real estate project worth $2 ...
HSBC beat expectations with an underlying first-quarter profit of $6.8 billion as Europe's biggest bank saw a rebound in investment banking, growth in Asia and a fal...
Industrial & Commercial Bank of China has instructed its branches nationwide to stop offering discounts on mortgages to first-home buyers, and instead to apply mortg...
Industrial & Commercial Bank of China Ltd. (1398.HK) has told its branches to stop offering discounts on mortgages for first-home buyers, the People's Daily reported...
Borrowing against your own cash and paying interest on that loan might seem counterintuitive, but savings account customers across the country are doing just that.Wh...
China's biggest four banks issued only CNY34 billion ($5.4 billion) in new yuan loans in the first three weeks of May, and their deposits declined by CNY270 billion ...
Derivatives regulation currently being drafted by regulators and a tougher Volcker rule will be enough to prevent other banks from suffering losses similar to J.P. M...
China's biggest four banks barely issued any new yuan loans in the first two weeks of May, extending the country's weak credit growth last month, the state-run Shang...
China's biggest four banks barely issued any new yuan loans in the first two weeks of May, extending weak credit growth in April, the state-run Shanghai Securities N...
J.P. Morgan Chase & Co.'s (JPM) revelation that it had taken a surprise and stunning $2 billion--possibly $3 billion--loss due to a high-risk trading strategy carrie...
Agricultural Bank of China Ltd. (1288.HK) bought an office building in Hong Kong for HK$4.88 billion (US$629 million) to serve as its regional headquarters, Colliers...
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