Banks

Alexis Tsipras, the Greek PM, is threatening to resign if the referendum next Sunday doesn’t go his way, claiming that only by voting against austerity would Greece be able to negotiate a settlement to the current crisis. The referendum will ask voters whether to accept the terms put forth last week by eurozone creditors. In […]

The euro fell as the prospect of a Greek exit from the Euro, or Grexit, moved ever closer. At one point it fell below $1.10 after the Greek government failed to come to an agreement with its creditors at the weekend. Banks in Greece will be closed all week, with capital controls limiting the amounts […]

Who will be taking over? Glacier Bancorp, Inc. (Nasdaq:GBCI) today announced that the company is expanding its executive management team with the addition of Randall M. “Randy” Chesler. Chesler will serve in the newly created position of President of Glacier Bank, the company’s sole banking subsidiary, and will immediately be appointed to the board of […]

Louisiana Bancorp will receive $24.25 per share Home Bancorp, Inc. (Nasdaq:HBCP), the holding company of the 106-year-old Home Bank, N.A., and Louisiana Bancorp, Inc. (Nasdaq:LABC), the holding company of the 105-year-old Bank of New Orleans, jointly announced today the signing of a definitive agreement under which Home Bancorp will acquire Louisiana Bancorp for an aggregate […]

Clear Leisure stock (LSE:CLP) is currently making some attempt to go upwards. So far in this month, the market was moving sideways, just as the crab walks sideways, but there is currently a bullish price action in the chart, in the context of the recent turbulence in the market. Where will the price go next? […]

General Electric’s share price (NYSE:GE) is bouncing up and down this morning as investors are reacting to the not-so-surprising news that the company is taking the steps it has indicated it would to divest itself of its private equity business.  The company confirmed this morning that it will sell its sponsor finance business and a […]

Multi-Currency Deposit Account to Be Introduced; Designed for Mobile Lifestyles and People Who Live, Work or Travel Across Borders WSFS Financial Corporation (Nasdaq:WSFS) the parent company of WSFS Bank (WSFS) announced today that WSFS has formed a Strategic Alliance with ZenBanx Holding Ltd. (ZenBanx), the marketing, technology and bank service provider founded in 2012 by […]

Will it be a triumph? Triumph Bancorp (Nasdaq:TBK), the holding company for Triumph Community Bank, N.A. and Triumph Savings Bank, SSB, announced that its subsidiary banks intend to seek regulatory approval to merge into a single bank later this year. The combined bank will continue doing business under their current names, Triumph Community Bank and […]

In the waning trading hours yesterday I wrote “I, for one, believe that there may be adequate activity and the right atmosphere to make this the week that the FTSE reaches 7,000.00.” That’s a pretty bold statement to make on a Wednesday afternoon. Lot’s of pundits might dare to say something like that before a […]

The FTSE 100 is pushing back toward record territory once again today with help from Standard Charter Bank (LSE:STAN) and George Osborne. Approaching 3:00 pm in London, the FTSE is up 1.43% to 6.935.46, moving closer to surpassing its 6,974.26 52-week high. To be clear, Standard Charter and George Osborne are not the only reasons […]