Industry News

South State Corporation will announce third quarter 2016 financial results in a news release prior to the market opening on October 21, 2016 followed by a conference call at 10 a.m. Eastern Time where management will review earnings and performance trends. South State Corporation plans to make the news release and related financial information available on the Investor Relations section of www.SouthStateBank.com by 10:00 a.m. Eastern Time on October..."/>
South State Corporation to Announce Third Quarter 2016 Financial Results and Host Conference Call on October 21, 2016
Opus Bank announced today it has published the Opus Bank Corporate Finance report, which provides an overview of Corporate Finance as it pertains to commercial banking, Opus’ Corporate Finance lending capabilities, and the attractive features of Corporate Finance lending. This report can be found on the Opus Bank Investor Relations website: http://investor.opusbank.com or is available upon request. Opus Bank is an FDIC-insured California-chartered..."/>
Opus Bank Releases Its Corporate Finance Report
Moody's Corporation Updates Full Year 2016 Guidance
Goldman Sachs BDC Inc has agreed to sell USD100m total of 4.50% convertible notes due 2022 in an offering, it stated on Wednesday. Also, the initial purchasers were granted an option to buy up to USD15m additional total of the notes to cover over-allotments, if any. Subject to customary closing conditions, the offering will close and the notes will be delivered and paid for on 3 October 2016.."/>
Goldman Sachs prices offering of USD100m notes due 2022
First Internet Bancorp said on Wednesday that it priced a public offering of USD25m total of its 6.00% fixed-to-floating rate subordinated notes due 2026. These will bear a fixed rate annual interest of 6.00% to, but excluding 30 September 2021, while from and including that date till their maturity or earlier redemption, the interest rate will reset quarterly to an annual interest rate equal to the then-current three-month LIBOR rate plus 485 basis points."/>
First Internet Bancorp prices public offering of USD25m subordinated notes due 2026
Comerica Incorporated Board of Directors. Van de Ven is executive vice president and chief operating officer of Dallas-based Southwest Airlines Company, the nation's largest airline based on domestic passengers boarded. Van de Ven will serve as a member of the board's Enterprise Risk Committee."/>
Michael G. Van de Ven Appointed to the Comerica Incorporated Board of Directors
Prosperity Bancshares, Inc.' s ® Third Quarter 2016 Earnings Announcement, scheduled before the market opens on Wednesday, October 26, 2016, you are invited to listen to its conference call that will be broadcast live over the Internet at 10:30 AM, Eastern Time on that day. Participants will include David Zalman, Chairman and Chief Executive Officer; Tim Timanus, Vice Chairman; and David Hollaway, CPA, Chief Financial Officer."/>
Prosperity Bancshares, Inc.® Invites You To Join Its Third Quarter 2016 Earnings Conference Call On The Web
FXCM Inc., a leading provider of online foreign exchange trading, CFD trading, spread betting and related services, will visit the Nasdaq MarketSite in Times Square. In honor of the occasion, Drew Niv, CEO, will ring the Opening Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
FXCM Inc. (Nasdaq: FXCM) to Ring The Nasdaq Stock Market Opening Bell
Blackstone to Offer Euro-Denominated Senior Notes
Premier Commercial Bancorp announced today that it has hired Jason Wessling, CPA, as the new Chief Financial Officer for the Company and its wholly owned subsidiary, Premier Community Bank. Wessling was a former three year employee of Premier Community Bank at its Hillsboro office before leaving the Bank to work in public accounting after earning a post-baccalaureate degree in accounting from Portland State University. During his three years at a regional..."/>
PREMIER COMMERCIAL BANCORP HIRES JASON WESSLING AS CHIEF FINANCIAL OFFICER
Camden National Corporation revealed on Tuesday that the company will pay a dividend of USD0.20 per share, as authorised by the company's board of directors. The dividend will be paid on 31 October 2016 for shareholders of record on 17 October 2016.. Also, the company stated that this quarterly dividend has been adjusted to reflect the three-for-two split of its common stock payable as a stock dividend on 30 September..."/>
Camden National's board approves dividend of USD0.20 per share for quarter
A bullish case for cement stocks? [Mint, New Delhi]
State Bank of India's maiden dollar Additional Tier-1 bonds issue. AT-1 instruments are bonds having equity-like perpetual existence, but they also pay a regular fixed coupon like any other debt instrument. These hybrid bonds enable banks to raise crucial Tier-1 capital and cannot be more than 2% of their total capital base."/>
SBI opens dollar AT-1 door but peers won't get a toehold [Mint, New Delhi]
IDFC Bank Ltd have gained nearly 70% in the last eight weeks on the back of better growth prospects and the possibility of a merger with parent IDFC Ltd.. On Wednesday, the bank gained 8.66%, touching a record high of Rs.83.45 a share. Since 3 August, IDFC Bank has surged 70.48% compared to a 4.5% gain for the Bank Nifty index."/>
What's driving the rally in IDFC Bank shares? [Mint, New Delhi]
State Bank of India's third Banking& Economics Conclave."/>
PSU banks need to do better succession planning: S.S. Mundra [Mint, New Delhi]
Boston Herald The Ticker column [Boston Herald]

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