Industry News

American Overseas Group Limited today announced the election of a new director. Jose O. Montemayor has been elected to the Board of Directors of American Overseas Group Limited and its wholly owned subsidiary, Orpheus Group Limited. Montemayor is currently a principal of Black Diamond Capital Partners I, LP."/>
American Overseas Group Limited Announces New Director
Dime Community Bancshares, Inc., announced that Daniel J. Harris, Executive Vice President and Chief Lending Officer, will participate in the Mortgage Bankers Association webinar titled "Bank CRE Lending- Navigating the Bank Regulatory Landscape", held on September 29, 2016. Mr. Harris will provide a community banking perspective of how banks are addressing the heighted supervisory concern for CRE lending. ABOUT DIME COMMUNITY BANCSHARES, INC.."/>
Dime Community Bancshares, Inc. to Participate in Mortgage Bankers Association Webinar on Bank CRE Lending
BankUnited, Inc. today announced that its Board of Directors has declared a quarterly cash dividend of $0.21 per common share. The dividend will be payable on October 31, 2016 to stockholders of record at the close of business on October 17, 2016.. BankUnited, Inc. is the bank holding company of BankUnited, N.A., a national bank headquartered in Miami Lakes, Florida with 95 branches in 15 Florida counties and six banking centers in the New York metropolitan area."/>
BankUnited, Inc. Announces Quarterly Dividend
Comerica Bank's Michigan Economic Activity Index declined 0.4 percentage points in July to a level of 129.4. July's reading is 55 points, or 75 percent, above the index cyclical low of 74.1. The index averaged 123.6 points for all of 2015, five and four-fifths points above the index average for 2014."/>
Comerica Bank's Michigan Index Eases
IIROC Trading Resumption - NOR
Laurentian Bank of Canada, provided today an update to employees on the Bank's transformation and growth plan. "Today, we announced that we will merge fifty branches over the next eighteen months, while ensuring we continue to provide the level of service that meets our customers' needs", stated Mr. The challenge for Laurentian Bank, as well as for other Canadian financial institutions, is to develop a..."/>
Laurentian Bank of Canada reaches another milestone of its transformation plan
CVB Financial Corp. and its principal subsidiary, Citizens Business Bank, announced today that the Company plans to release its financial results for the third quarter ending September 30, 2016 after the market closes on Wednesday, October 19, 2016. Management will hold a conference call at 7:30 a.m. PDT/10: 30 a.m. EDT on Thursday, October 20, 2016 to discuss the Company’ s third quarter 2016 financial results."/>
CVB Financial Corp. Announces Third Quarter 2016 Earnings Release Date, Conference Call and Webcast
Comerica Bank's Texas Economic Activity Index dipped in July, down 0.9 percentage points to a level of 90.3. July's reading is 18 points, or 24 percent, above the index cyclical low of 72.8. The index averaged 97.5 points for all of 2015, seven and three-fifths points below the average for full-year 2014."/>
Comerica Bank's Texas Index Dips
RLI Corp.– RLI Corp. announced today that it will release its third quarter 2016 earnings after market close on Wednesday, October 19, 2016.. The company will hold its quarterly conference call to discuss third quarter results on Thursday, October 20, 2016 at 11 a.m. This call is being webcast by NASDAQ OMX and can be accessed at http://edge.media-server.com/m/p/up6uctdm."/>
RLI 3rd Quarter Earnings Release & Teleconference
TD Ameritrade Holding Corporation today announced that Brian Levitt has been elected to its board of directors, effective Oct. 1, 2016.. Levitt, a designee of The Toronto-Dominion Bank, will fill the vacancy created by the expiration of TD’ s waiver of its rights to designate one of its directors, which accommodated the election of TD Ameritrade President and CEO-elect, Tim Hockey, effective Jan. 2, 2016. He joins the board as CEO Fred Tomczyk steps down upon his..."/>
TD Ameritrade Announces Appointments to Board of Directors
New York Community Bancorp, Inc. today announced that it expects to issue its earnings release for the three and nine months ended September 30, 2016 at approximately 7:00 a.m. Eastern Daylight Time on Wednesday, October 26, 2016. The release will be posted to the Company’ s website, ir.myNYCB.com, upon issuance. The Company will conduct a conference call at 8:30 a.m. on the same date, during which President and Chief Executive Officer Joseph R. Ficalora will..."/>
New York Community Bancorp, Inc. to Announce Third Quarter 2016 Earnings and Host Conference Call on October 26th
Walter Investment Management Corp.' s mortgage banking subsidiary has agreed to settle charges that it harassed delinquent Massachusetts borrowers for four years. In August 2015, Ditech Financial Services LLC became the successor company to Green Tree Servicing LLC, which handled mortgage servicing in Massachusetts. The state's attorney general limits the number of telephone calls a creditor can initiate to two within a seven- or 30- day period depending on the..."/>
Ditech Settles Charges of Borrower Harassment [Mortgage Daily]
RBS Settles MBS Lawsuits for Over $1 Billion [Mortgage Daily]
BRIEF: Shekel loses ground [Globes, Tel Aviv, Israel]
Northern Trust Corporation announced today that it will webcast its third quarter 2016 earnings conference call live on Wednesday, October 19, 2016. The webcast, the earnings press release and related presentation materials will be accessible on Northern Trust’ s web site: https://www.northerntrust.com/about-us/investor-relations/financial-information/earnings-releases. The call will be conducted at 11:00 a.m. CT, following the release that morning of..."/>
Northern Trust Corporation to Webcast Third Quarter 2016 Earnings Conference Call
S&P Global today announced it has been named to this year's list of 100 Best Companies by Working Mother magazine. The 100 Best Companies are featured in the October/November issue of Working Mother and on workingmother.com. S&P Global has a rich portfolio of family-friendly resources, including: flexible work arrangements; childcare resources- including sick care days, discounted before- and after-school care, and holiday and summer care;..."/>
S&P Global Named to 2016 Working Mother Magazine's List of "100 Best Companies"
Citi Joins Early Warning’s clearXchange® Network
Tactile Systems Technology of northeast Minneapolis has been a winner for shareholders since it went public in July at a price of $10 per share. The fast-growing medical products company, which does business as Tactile Medical, raised more than $40 million in its offering. The stock closed Friday at $20.18 per share, a nearly doubling of shareholder value to more than $320 million."/>
IPO market remains a shadow of its former self [Star Tribune (Minneapolis)]
Eaton Vance Management, a subsidiary of Eaton Vance Corp., today announced the launch of Eaton Vance 1- to-10 Year Laddered Corporate Bond Fund, a diversified mutual fund seeking current income. The Fund is managed by a portfolio team consisting of Maria C. Cappellano, vice president and portfolio manager, John H. Croft, CFA, vice president and portfolio manager, and Thomas H. Luster, CFA, co-director of diversified fixed income and portfolio manager."/>
Launch of Eaton Vance 1-to-10 Year Laddered Corporate Bond Fund

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