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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Citigroup has agreed to buy Ecount, a privately held provider of prepaid cards, expanding its presence in the fastest-growing part of the payment industry.
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Bank of America Corp  has  shelved plans to take ABN AMRO NV  to court, preferring  to wait until the Dutch Supreme Court rules on the Dutch bank&#39;s  sale of its U.S. unit, a Bank of America spokesman said on  Friday.
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Acme United Corporation (AMEX:ACU) will release its financial results  for the Fourth Quarter of 2006 on Friday, March 2, 2007 at 9:00 a.m. EST.  A conference call to discuss these results will be broadcast over the  Internet at 12:00 p.m. EST.
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Donald Trump&#39;s casino company expects to decided in the next couple of weeks whether it can reach a new debt restructuring deal with bond holders, sell assets or whether Trump will take the company private, executive vice
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British bank Barclays says it will table a formal Â£45bn offer for Dutch bank ABN Amro within six weeks.
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Asia-focused bank Standard Chartered Plc said on Tuesday it had agreed to buy American Express Bank for around $860 million in cash to boost its private banking and correspondent banking services.
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BEIJING, Nov. 22 (Xinhuaent) -- China&#39;s first private lender, Minsheng Bank, has won regulatory approval to sell a 4.55 percent stake to a Singapore government firm, clearing the final hurdle for the investment in a fast-opening financial arena.
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Australia's Qantas Airways Ltd.  reached a deal on Wednesday to be sold to a group led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group, according to a source familiar with the deal.
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Citigroup  is likely to list its Japan banking unit on the Tokyo Stock Exchange as early as July, an online Japanese magazine said on Friday.
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Asia-focused bank Standard Chartered Plc  said on Tuesday it is buying American Express Bank (AEB) for about $860 million to help "turbo charge" the growth of its recently launched private banking business.
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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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Fannie Mae said it would sell $5 billion of preferred stock to large institutional investors in a rush to meet its regulator's minimum capital requirements.
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The Blackstone Groupâs much-awaited initial public offering is set for the week of June 25, underwriters said.
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U.S. and European banks including  Citigroup Inc  and HSBC Holdings PLC  are mulling  sales of parts of their businesses from branches to entire  units in a nod to crunch times ahead, the Wall Street Journal  reported on its Web site on Thursday.
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U.S. and European banks including Citigroup Inc  and HSBC Holdings PLC  are mulling sales of parts of their businesses from branches to entire units in a nod to crunch times ahead, the Wall Street Journal reported on its Web site on Thursday.
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Credit Agricole, France&#039;s biggest bank, could reportedly buy British bank Alliance and Leicester within weeks.