Amex to sell private bank unit within weeks: source
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New York-based credit card and travel  services company American Express is expected to sell its  private banking business within weeks, said a source familiar  with the matter.
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Dutch bank ABN AMRO  can proceed with its $21 billion sale of U.S. subsidiary LaSalle to Bank of America , the Dutch Supreme Court said on Friday, boosting the prospect Barclays  will succeed in its takeover of ABN.
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The People&#39;s Bank of China issued a management regulation on outbound personal property and selling foreign currency. The new regulation will officially be implemented from December1.
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KeyCorp , a large Midwest U.S.  bank, on Friday said it agreed to sell its Champion Mortgage  subprime lending unit to Britain's HSBC Holdings Plc    and investment firm Fortress Investment Group LLC, so  it can focus on consumer and business banking.
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KeyCorp , a large Midwest U.S. bank, on Friday said it agreed to sell its Champion Mortgage subprime lending unit to Britain's HSBC Holdings Plc   and investment firm Fortress Investment Group LLC, so it can focus on consumer and business banking.
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Dutch bank ABN AMRO can go ahead with  its $21 billion sale of U.S. subsidiary LaSalle Bank to Bank of  America, the Dutch Supreme Court said on Friday, boosting the  chance that Barclays could succeed in its all-share bid to buy  ABN for 64 billion euros ($88 billion).
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The Swiss National Bank on Friday released terms of its temporary term auction facility:
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American Express Co. AXP.N, the  global credit card and travel services company, on Tuesday said  it will spin off its personal finance unit, whose 12,000  advisers sell financial planning and other services to 2.5  million customers.
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Swiss Life Holding on Friday said it agreed to sell most of its private-equity portfolio, valued at 400 million Swiss francs ($321.2 million), to an affiliate of a U.S. investment firm.
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SYDNEY (Dow Jones)--British Airways Plc (BAB) Wednesday confirmed that investment bank Citigroup Inc. (C) will handle the sale of its 18.
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Fannie Mae, the largest U.S. home  funding company, said on Wednesday it may privately sell up to  $4 billion of preferred stock this week, which could help it  meet higher capitalization standards it faces after regulators  found it broke accounting rules.
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SAN FRANCISCO (AFX) -- American Express said Monday that in light of the Supreme Court&#39;s decision against Visa and MasterCard, it will seek partnerships with US banks.
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A trio of banks led by Royal Bank of  Scotland Group  plans to present a new, nearly all cash  bid for Dutch bank ABN AMRO Holding NV  as early as  Monday, according to two media reports on Sunday.
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U.S. and European banks including  Citigroup Inc  and HSBC Holdings PLC  are  considering selling off parts of their businesses as they  prepare for tough times ahead, the Wall Street Journal  reported.
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A preferred buyer for the National Irish and Northern banks is expected to be announced by their parent this morning. National Australia Bank is due to make an announcement to the stock exchanges in Melbourne and London.
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Dutch bank ABN AMRO can go ahead with its $21 billion sale of U.S. subsidiary LaSalle Bank to Bank of America, the Dutch Supreme Court said on Friday, boosting the chance that Barclays could succeed in its all-share bid to buy ABN for 64 billion euros ($88 billion).
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Bank of New York Co. Inc. on Tuesday  said regulators are looking into market-timing trades cleared  by its stock clearing business unit Pershing LLC.