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CBA Updates On Effect Of NZ Changes To Taxation Of Hybrid Securities

Wednesday, 13 Dec 2017

Dec 14 (Reuters) - Commonwealth Bank Of Australia ::PROPOSED NZ CHANGES TO TAXATION OF HYBRID SECURITIES.‍CONFIRMS THAT LEGISLATION AS CURRENTLY PROPOSED WILL NOT IMPACT DISTRIBUTIONS PAID ON COMMBANK PERLS SECURITIES​.‍DOES NOT EXPECT THAT IMPLEMENTATION OF CHANGES AS CURRENTLY PROPOSED WOULD RESULT IN CO SEEKING TO REDEEM PERLS IX​.

Point72 Asset Management LP reports 5.6 pct passive stake in First Bancorp - SEC Filing

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - First Bancorp ::POINT72 ASSET MANAGEMENT LP REPORTS 5.6 PERCENT PASSIVE STAKE IN FIRST BANCORP AS OF DECEMBER 12 - SEC FILING.

Royal Bank Of Scotland Files For Potential Mixed Shelf Offering; Size Not Disclosed

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - Royal Bank Of Scotland Group Plc ::ROYAL BANK OF SCOTLAND FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.

Citibank Says Raised Base Lending Rate To 4.50% From 4.25%

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - Citibank:CITIBANK SAYS RAISED ITS BASE LENDING RATE TO 4.50% FROM 4.25%, EFFECTIVE DECEMBER 14, 2017.

‍Unicredit Issues Additional Tier 1 Perpnc7.5 Notes For 1 bln euros​

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - Unicredit ::‍UNICREDIT ISSUES ADDITIONAL TIER 1 PERPNC7.5 NOTES (AT1) FOR EUR 1 BILLION​.ADDITIONAL TIER 1 NOTES WILL CONTRIBUTE TO IMPROVE THE TIER 1 RATIO AND TO FILL THE 1.50% MINIMUM AT1 BUCKET‍​.DEAL PUTS UNICREDIT WELL ON THE WAY TO MEETING ITS €3.5BN AT1 ISSUANCE TARGET FOR 2017-2019.INITIAL PRICE GUIDANCE WAS SET AT 5.625% AREA.FINAL GUIDANCE HAS BEEN TIGHTENED BY 25BPS AND THE COUPON FIXED AT 5.375% FOR THE INITIAL 7.5 YEARS.

Van Lanschot Kempen To Return Capital Of 1 Euro Per Share

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - VAN LANSCHOT KEMPEN NV ::REG-VAN LANSCHOT KEMPEN TO RETURN CAPITAL OF €1 PER SHARE ON 20 DECEMBER 2017.

Salisbury Bank And Trust Agrees To Buy Bank Unit Of Orange County Bancorp

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - Salisbury Bancorp Inc ::SALISBURY BANK AND TRUST COMPANY AGREES TO BUY THE FISHKILL, NEW YORK BRANCH OF ORANGE BANK & TRUST COMPANY FOR ITS RIVERSIDE DIVISION.SAYS‍ EXECUTED AGREEMENT TO ACQUIRE FISHKILL, ASSUME ABOUT $23 MILLION IN DEPOSITS AND PURCHASE ABOUT $8 MILLION IN BRANCH RELATED LOANS​.

Caixabank Sees No Acquisitions Outside Spain Until Absorbing Purchase Of BPI

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - CEO OF CAIXABANK GONZALO GORTAZAR::SAYS EXPECTS TO OBTAIN PROFITABILITY OF 10 PERCENT ON OWN RESOURCES IN 2018.SAYS SEES NO PURCHASES OUTSIDE SPAIN AT LEAST IN THE NEXT TWO YEARS UNTIL ABSORBING PURCHASE OF BPI.

Caixabank Sees No Acquisitions Outside Spain Until Absorbing Purchase Of BPI

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - CEO OF CAIXABANK GONZALO GORTAZAR::SAYS EXPECTS TO OBTAIN PROFITABILITY OF 10 PERCENT ON OWN RESOURCES IN 2018.SAYS SEES NO PURCHASES OUTSIDE SPAIN AT LEAST IN THE NEXT TWO YEARS UNTIL ABSORBING PURCHASE OF BPI.

CIBC doesn't expect material impact from Basel changes

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - Canadian Imperial Bank Of Commerce ::CIBC CEO SAYS BANK'S PLAN IS NOT TO TAKE ANY MORE LARGE RESTRUCTURING CHARGES.CIBC CFO SAYS DOESN'T EXPECT BASEL III CHANGES TO HAVE MATERIAL IMPACT ON BANK.CIBC PERSONAL BANKING HEAD SAYS OVER 80 PERCENT OF TRANSACTIONS NOW DIGITAL, SEES GROWING TO 90 PERCENT BY 2020.CIBC PERSONAL BANKING HEAD SAYS NUMBER OF BRANCHES DOWN 4 PERCENT SINCE 2015, COMFORTABLE WITH "CONTINUING AT THAT PACE".CIBC PERSONAL BANKING HEAD SAYS EXPECTS MORTGAGE BOOK TO GROW AT A HIGHER RATE THAN THE OVERALL MARKET NEXT YEAR.

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