Corporate finance

Will Democrats try to rein in banks’ leveraged lending?

11/13/18

While they won’t be in position to enact legislation, House Democrats could use their newfound power to spotlight issues that Republicans have largely ignored, including the exploding levels of corporate debt.

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Commerce Bancshares' profits surge on strong revenue growth

10/11/18

Efficiency gains also drove results at the Kansas City, Mo., company.

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Deutsche Bank scales back U.S. ambitions to focus on Europe

04/26/18

The measures will lead to a “significant reduction” in the roughly 97,100-person workforce this year, the German banking giant said.

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Wells Fargo ranks No. 1 in arranging financing for gun industry

03/07/18

Wells has helped gun and ammunition companies access $431 million in loans and bonds since the 2012 Sandy Hook shooting. Other financial firms that are active as bookrunners for gunmakers include Morgan Stanley, TD Securities, Bank of America and JPMorgan Chase.

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Bank of America launches APIs for corporate clients

01/24/18

Enterprise customers will be able to send payment data to the bank through an application programming interface, rather than as XML or Swift files.

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PNC to acquire M&A advisory firm Fortis

12/20/17

The deal for the San Diego company would be PNC's second nonbank acquisition in less than a month.

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PNC to acquire health care advisory firm

11/27/17

The Pittsburgh bank is counting on its acquisition of the Trout Group to help strengthen ties with clients in the life sciences, biotechnology, pharmaceutical and medical device sectors.

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How Ellen Alemany is reinventing CIT

09/26/17

American Banker's No. 3 Most Powerful Woman in Banking is embracing a major challenge in molding a commercial finance company with a spotty history into a profitable, middle-market bank.

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Most Powerful Women in Finance: No. 3, Barclays' Barbara Byrne

09/25/17

Barbara Byrne is one of the public faces of Barclays, serving as one of its five official delegates at the Davos World Economic Forum.

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Tech overhaul begins to pay off for State Street

07/27/17

Advancements aimed at speeding the flow of information by eliminating manual processing are helping the global custody bank attract new clients and win more business from existing ones, fueling revenue growth and improving efficiency.

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