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First Banks, Inc. news

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United Community Banks, Inc. Announces Completion of Merger With
BLAIRSVILLE, Ga., May 1, 2015 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (Nasdaq:UCBI) announced today the closing of its acquisition of MoneyTree Corporation and its wholly-owned subsidiary, First National Bank ("FNB"). As a result of the ...
United Community Banks, Inc. Announces Completion of Merger With ...  MarketWatch
United Community Banks, Inc. Reports Net Income of $17.7 Million for First ...
United Community Banks, Inc. UCBI, -0.47% ("United") today reported net income of $17.7 million, or 29 cents per diluted share, for the first quarter of 2015. Earnings per share were up 16 percent from a year ago. The increase reflects strong loan and ...
Banks and States With the Most Branch Closings: The Rise of Mobile Banking
PNC Financial Services Group Inc. (NYSE: PNC) was the bank closing the most branches in the first quarter, with 38 net closings.
Saudi Arabia Issues Rules for Foreign Investing in Stocks
The rules, which take effect on June 1 ahead of the market's planned opening on June 15, permit only qualified foreign investors such as banks, brokerages, fund managers and insurance companies with at least $5 billion in assets under management to ...
Sally Beauty Card Breach, Part Deux?
For the second time in a year, nationwide beauty products chain Sally Beauty Holdings Inc. says it is investigating reports of unusual credit and debit card activity at some of its U.S.
Is India Apple's Next China? iPhone Sales On Track To Double On Phablet ...
The company is ´┐Żonly a few thousand units short´┐Ż of selling 1 million iPhones in the first six months of its current fiscal year, Pathak wrote.
Gilbert gets payday in cheap bonds for Quicken, Rock Holdings
Gilbert's closely held Quicken Loans Inc. raised $1.25 billion on Friday in its first bond issue, all but $250 million of which will flow to the parent company he controls, Rock Holdings Inc. While junk-bond investors typically have extracted a premium ...
What's better than LeBron on team? Scoring $1 billion of bonds  BusinessWorld Online Edition
Evans Says Don't Raise Rates Until Early 2016
The meeting came in the wake of data showing very weak levels of growth in the first quarter. While Fed officials believe the trouble will prove transitory, it's created newfound uncertainty for the economic outlook.
Pendulum Swings in Favor of Canadian Lenders After Oil Collapse
Banks and bondholders won first claim to all Penn West Petroleum Ltd.'s property last week. Connacher ... Among borrowers was investment grade-rated Husky Energy Inc., which managed to sell C$750 million of 10-year bonds March 9, when oil was falling.
Fortress Revs Mortgage Machine as Its Buyout Funds Stall
Fortress built Nationstar Mortgage Holdings Inc. into a firm that's now poised to become the No. 1 nonbank servicer. He accomplished that with financing from the REIT ... Edens anticipated that banks would be compelled by new regulations to sell their ...