* Fifth third bancorp increases quarterly cash dividend on
its common stock approximately 8% to $0.14 per share
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Tuesday, December 20, 2016
Europe's bank troubles limited to a few lenders: ECB's Praet
FRANKFURT, Dec 20 (Reuters) - Europe's banking troubles are
limited but the broader issue is weak profitability and an
excessive number of banks, European Central Bank chief economist
Peter Praet said in a newspaper interview.
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limited but the broader issue is weak profitability and an
excessive number of banks, European Central Bank chief economist
Peter Praet said in a newspaper interview.
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BRIEF-Societe Tour Eiffel acquires offices worth 145 mln euros
* La Société de la Tour Eiffel acquires a 85,000 square meters of offices in Nanterre (92)
worth 145 million euros ($150.74 million)
Source text for Eikon:
Further company coverage:
($1 = 0.9619 euros)
(Gdynia Newsroom)
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worth 145 million euros ($150.74 million)
Source text for Eikon:
Further company coverage:
($1 = 0.9619 euros)
(Gdynia Newsroom)
Read more
UPDATE 1-Hedge fund Ardmore shutting, manager moving to Citadel's Aptigon
BOSTON, Dec 20 (Reuters) - Prominent technology investor
Chris Connor is shutting down his hedge fund less than one year
after launching it and will be joining Citadel, one of the
industry's biggest players, two sources familiar with the move
said on Tuesday.
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Chris Connor is shutting down his hedge fund less than one year
after launching it and will be joining Citadel, one of the
industry's biggest players, two sources familiar with the move
said on Tuesday.
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France's BNP Paribas builds up its M&A team in Britain
PARIS, Dec 20 (Reuters) - BNP Paribas plans to add two
senior people to its 15-strong London team covering British M&A
and take on an equity capital markets banker too, part of a plan
to boost its investment banking market share outside France,
banking executives told Reuters.
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senior people to its 15-strong London team covering British M&A
and take on an equity capital markets banker too, part of a plan
to boost its investment banking market share outside France,
banking executives told Reuters.
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BRIEF-Bluerock residential growth REIT acquires 324-unit apartment property in Austin, TX
* Transaction was further capitalized with a senior loan in
amount of approximately $34.8 million
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amount of approximately $34.8 million
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UPDATE 1-Morgan Stanley to pay $7.5 mln over customer protection violations
WASHINGTON, Dec 20 (Reuters) - Morgan Stanley will
pay $7.5 million to settle civil charges that it violated
customer protection rules when it used trades involving customer
cash to lower its borrowing costs, U.S. securities regulators
said on Tuesday.
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pay $7.5 million to settle civil charges that it violated
customer protection rules when it used trades involving customer
cash to lower its borrowing costs, U.S. securities regulators
said on Tuesday.
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