Feb 21 Royal Bank of Canada plans to
open a consumer bank in the United States early next year
targeting wealthy clients, with the aim of expanding deposits,
its chief financial officer told Reuters on Friday after the
bank posted first-quarter profit that beat expectations.
Feb 21 Royal Bank of Canada kicked off
Canadian first-quarter bank earnings on Friday by beating
analysts' estimates, driven by surprise record profit in capital
markets, but executives warned dealmaking could be hit if
geopolitical concerns linger.
Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in a stock deal worth about $13 billion, the biggest acquisition by a Wall Street bank since the 2008-2009 financial crisis. | Video
Feb 18 Asset manager Franklin Resources Inc
said on Tuesday it would buy rival Legg Mason Inc
in a $4.5 billion deal as the two firms known for their
stockpicking grapple with investors' embrace of low-cost index
Insurer American International Group Inc on Thursday reported a quarterly profit that beat estimates, as the company booked underwriting income in its general insurance business.
New York Stock Exchange owner Intercontinental Exchange Inc (ICE) said it had decided to stop exploring deal options with eBay Inc , just hours after its chief executive said he would "love" to speak with the e-commerce company.
Shares of drug research firm PPD Inc rose 14.8% in their Nasdaq debut on Thursday, marking a stellar stock market entry for the second $1 billion-plus flotation of the year.
Visa Inc on Thursday fell short of analysts' estimate for first-quarter revenue and said revenue this year would be crimped by incentives it provide to banking clients, sending its shares down nearly 3%.