Banking & Savings

Will the banking revolution open the door for smaller banks?

Over the past few years a slew of new, smaller banks have been popping up online and on the highstreet.  Branches are closing at pace and apps are becoming the go-to choice for millions. So what will our changing habits mean for the banks themselves? Will the big-spending banking giants continue their utter domination of the market, or will their ...

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WBI Investments Inc. Takes Position in First Defiance Financial Corp. (FDEF)

WBI Investments Inc. purchased a new stake in First Defiance Financial Corp. (NASDAQ:FDEF) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,960 shares of the savings and loans company’s stock, valued at approximately $577,000. WBI Investments Inc. owned 0.11% of First Defiance Financial Corp. at the end ...

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64,585 Shares in Northwest Bancshares, Inc. (NASDAQ:NWBI) Purchased by Engineers Gate Manager LP

Engineers Gate Manager LP acquired a new stake in shares of Northwest Bancshares, Inc. (NASDAQ:NWBI) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 64,585 shares of the savings and loans company’s stock, valued at approximately $1,008,000. Engineers Gate Manager LP owned approximately 0.06% of ...

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Mitsubishi UFJ Trust & Banking Corp Buys 724 Shares of General Dynamics Corporation (NYSE:GD)

Mitsubishi UFJ Trust & Banking Corp lifted its position in General Dynamics Corporation (NYSE:GD) by 0.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 562,555 shares of the aerospace company’s stock after purchasing an additional 724 shares during the period. Mitsubishi UFJ Trust & ...

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Capitol Federal Financial, Inc. (NASDAQ:CFFN) Downgraded by Zacks Investment Research

Zacks Investment Research lowered shares of Capitol Federal Financial, Inc. (NASDAQ:CFFN) from a buy rating to a hold rating in a research note issued to investors on Friday, September 22nd. According to Zacks, “Capitol Federal Financial is a federally chartered mid-tier holding company. Capitol Federal Savings Bank is the only operating subsidiary. The bank is a community-oriented financial institution offering ...

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Provident Financial Services, Inc (PFS) Downgraded by Zacks Investment Research to “Hold”

Zacks Investment Research lowered shares of Provident Financial Services, Inc (NYSE:PFS) from a buy rating to a hold rating in a report published on Thursday. According to Zacks, “Provident Financial Services, Inc. is the holding company of The Provident Bank, a community- and customer-oriented banking company. The Provident Bank emphasizes personal service and customer convenience in attending to the financial ...

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CREDIT AGRICOLE SA announces it has signed an agreement to acquire more than 95% of the Cesena, Rimini and San Miniato savings banks

September 29, 2017 11:45 ET | Source: Credit Agricole SA multilang-release Montrouge, 29 September 2017 Crédit Agricole S.A. announces it has signed an agreement to acquire more than 95% of the Cesena, Rimini and San Miniato savings banks Crédit Agricole S.A. announces that its subsidiary, Crédit Agricole Cariparma SpA, has signed an agreement with the section “Voluntary ...

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Flagstar Bancorp, Inc. (FBC) Upgraded by Zacks Investment Research to Buy

Zacks Investment Research upgraded shares of Flagstar Bancorp, Inc. (NYSE:FBC) from a hold rating to a buy rating in a research report report published on Tuesday, September 19th. The firm currently has $38.00 target price on the savings and loans company’s stock. According to Zacks, “Flagstar Bancorp, Inc. is the holding company for Flagstar Bank, FSB, a federally chartered stock ...

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