Capital markets

Nonbank acquisitions pay off for Citizens

10/16/20

Strong mortgage and capital markets activity helped offset credit costs and one-time items in the third quarter at Citizens Financial Group. In a period of low rates, CEO Bruce Van Saun says he’d like to buy more fee-generating businesses.

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TD, CIBC beat expectations with surge in capital markets

08/27/20

Record profits from trading and other capital markets activities helped to offset steep revenue declines in personal and business banking.

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Shadow bank weaknesses forced Fed's market rescue, Quarles says

07/15/20

A top Federal Reserve official is issuing a warning about fast-growing and largely unregulated shadow lenders: They were a big factor in why central banks had to save markets earlier this year, and much more needs to be done to assess the risks posed by the sector.

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Citigroup spins off proxy-voting startup Proxymity

05/06/20

The company, backed by eight major players including JPMorgan Chase and State Street, lets investors vote virtually on corporate matters — a service that has grown more popular during the coronavirus pandemic.

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5 ways the coronavirus could affect home prices

04/30/20

The S&P CoreLogic Case-Shiller home price index hasn't yet reflected the impact of the coronavirus, but an independent market maker has some thoughts on how it might.

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Banks are worried about NCUA’s new sub debt rule. Should they be?

02/25/20

Though the agency plans to give more credit unions authority to issue subordinated debt, limited investor appetite and other factors could hamper activity.

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TD, CIBC earnings misses cap hard quarter for Canadian banks

12/05/19

The country's top six banks were sideswiped by rising provisions for soured loans and slumping capital markets.

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RBC's profits fall amid tough times for investment banking

12/04/19

The decline in revenue from capital markets undercut gains in consumer banking and pushed fiscal fourth-quarter earnings below analysts’ expectations.

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Payments acquisition expected to boost fee income at First Financial

06/19/19

The Cincinnati bank could add about $30 million a year in noninterest income with its deal for the capital markets firm Bannockburn Global Forex.

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Michigan bank raises $25 million in private placement

06/04/19

Northpointe Bancshares sold stock to an affiliate of Castle Creek Capital.

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