Industry News

Reliance Capital Ltd, introduced his son Anmol Ambani to the firm's shareholders at the annual general meeting on Tuesday. Anmol was inducted as executive director last month. Ambani, who introduced Anmol as the grandson of Dhirubhai Ambani, said he had been lucky for the firm and its investors as its stock price had rallied since the 24- year-old was named executive director in late August."/>
Anil Ambani says son Anmol has brought Reliance Capital tremendous luck [Mint, New Delhi]
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]
Max Financial Services Ltd have cleared a proposal to pay a Rs850 crore non-compete fee to Analjit Singh and other promoters of the Max group. This was a pre-requisite to the firm's three-way merger with its unit Max Life Insurance Co. Ltd and HDFC Life Insurance Co. Ltd.. Around 65% of the votes polled were in favour of the resolution to pay the non-compete fee, said a Max Financial notice to the stock exchanges on Tuesday."/>
HDFC Life-Max merger: Max Financial shareholders agree to non-compete fee [Mint, New Delhi]
Baltimore takes up taxes on Airbnb bookings [The Baltimore Sun]
First Northwest Bancorp, the holding company for First Federal Savings and Loan Association of Port Angeles, today announced that its Board of Directors authorized the repurchase of up to 10% of the Company’ s common stock, or approximately 1,300,756 shares. The Company will purchase the shares from time to time in the open market or through privately negotiated transactions over a one-year period depending on market conditions, the capital..."/>
First Northwest Bancorp Announces Adoption of a Stock Repurchase Plan
Investors Bancorp, Inc., announced that it expects to report earnings for the third quarter ended September 30, 2016, on Thursday, October 27, 2016 at approximately 5:00 p.m. Eastern Time. A copy of the news release will be immediately available on its website, www.myinvestorsbank.com. The Company also announced that it will host an earnings conference call on October 28, 2016 at 11:00 a.m.."/>
Investors Bancorp, Inc. Announces Date for Third Quarter Earnings Conference Call
Itau CorpBanca Files Material Event Notice
Commerce Union Bancshares, Inc., parent of Reliant Bank, announced today that the company has been named a member of the Sandler O’ Neill Sm-All Stars Class of 2016, a list of 27 top performing publicly traded small-cap banks and thrifts in the country. “We are very excited to be named as a new member of the Sm-All Stars. It is such an honor to hold this elite status with the prestigious Sandler O’ Neill Sm-All Stars,” commented Ron DeBerry, Chairman and Chief Executive..."/>
Commerce Union Bancshares, Inc. Named 2016 Bank & Thrift “Sm-All Star” by Sandler O’Neill + Partners
CoBiz Financial's third quarter earnings release on Thursday, Oct. 20, 2016, you are invited to listen to the company's conference call on Friday, Oct. 21, 2016, at 11:00 am ET with Steve Bangert, CoBiz chairman and CEO. CoBiz Financial, is a multi-billion dollar financial services company that serves the complete financial needs of businesses, business owners and professionals in Colorado and Arizona. The company's..."/>
CoBiz Financial Invites You to Join Its Third Quarter 2016 Conference Call
OceanFirst Financial Corp., the holding company for OceanFirst Bank, today announced that it will issue its earnings release for the quarter ended September 30, 2016 on Wednesday, October 26, 2016 after the market close. Management will then conduct a conference call at 9:00 a.m. Eastern Time, on Thursday, October 27, 2016, to discuss highlights of the Company's third quarter operating performance.. The direct dial number for the call is..."/>
OceanFirst Financial Corp. Schedules Earnings Conference Call
Camden National Corporation announced today that the board of directors of the Company declared a dividend of $0.20 per share payable on October 31, 2016, for shareholders of record on October 17, 2016.. The declared dividend for the quarter has been adjusted to reflect the three-for-two split of the Company's common stock payable in the form of a stock dividend on September 30,..."/>
Camden National Corporation's Board Declares Quarterly Dividend
Coty Inc. will replace Diamond Offshore Drilling Inc. in the S&P 500, and Diamond Offshore Drilling will replace Polycom Inc. in the S&P MidCap 400. Siris Capital Group acquired Polycom in a deal completed today."/>
Coty Set to Join the S&P 500; Diamond Offshore Drilling to Join S&P MidCap 400; Tile Shop to Join S&P SmallCap 600

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