Industry News

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..."/>
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]
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]
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]
Boston Herald The Ticker column [Boston Herald]
RBL Bank Ltd has raised Rs330 crore from CDC Group Plc, a UK-based development finance institution, a press statement said. The bank had raised Rs1, 211 crore in its initial public offering in August. The Tier-II capital is expected to help the lender strengthen its capital base to meet future requirements and comply with guidelines set by the Reserve Bank of India."/>
RBL Bank gets Rs330 crore from UK's CDC Group [Mint, New Delhi]
Bharat Financial Inclusion Ltd on Tuesday raised Rs.750 crore through a qualified institutional placement. It sold approximately 9.74 million new shares at Rs.770 per share. The share sale was subscribed multiple times, it said, without giving details."/>
BRIEF: Bharat Financial raises Rs750 crore through QIP [Mint, New Delhi]

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