BNET Industries
Exchange Bank (EXSR) is in the Financial Services Industry
- Revenue
- Dec 31 2004
- $83.4M
- Profit
- Dec 31 2004
- $16.4M
- Market Cap
- Jul 22 2008
- $143.9M
Latest News and Analysis
SKorean court clears Lone Star of stock manipulation
SEOUL AFP — A South Korean appeals court Tuesday found US buyout fund Lone Star not guilty of rigging shares following its purchase of a local bank in 2003, and cancelled fines totalling almost 50 million dollars. The ruling could help clear the way for global giant HSBC...
HSBC may pull out of KEB deal over delays
Business News IN BRIEF *HSBC tried to put pressure on South Korea's regulators yesterday by saying it would pull out of its long-running attempt to buy Korea Exchange Bank unless the authorities approve the deal soon. Sandy Flockhart, HSBC's chief executive for Asia Pacific, said: "It's an...
SOUTH KOREA: MOODY'S EXTENDS KEB'S RATINGS REVIEW FOR POSSIBLE UPGRADE.
Moody's Investors Service has extended its review for possible upgrade for the following ratings of Korea Exchange Bank KEB: foreign currency senior/subordinated debt of A2/A3 and global local currency deposit of A2. The rating action follows the announcement that HSBC Asia Pacific Holdings UK Limited (HSBC...
HSBC extends deadline for six-billion-dollar SKorea bank deal
SEOUL AFP — Global banking giant HSBC said Tuesday it has extended by three months the deadline for completion of a six-billion-dollar deal to buy a South Korean bank from US fund Lone Star. The deadline for its purchase of a 51 percent stake in Korea Exchange Bank...
HSBC in talks to extend exclusivity deal with Korean bank as
HSBC is believed to be in talks to extend its non-exclusivity agreement for the purchase of Korea Exchange Bank KEB before tomorrow's deadline. HSBC announced the $6.3bn (3.15bn) acquisition of 51 per cent of KEB from Lone Star, the private equity firm, for cash in early September....
Bank bail-out loans set to total Pounds 100bn before credit crisis
Britain's biggest banks believe the Bank of England's emergency lending scheme will eventually have to pay out at least 100bn, or double the 50bn aid package initially proposed, sources said last night. Senior bankers welcomed the Bank's offer yesterday but insiders predicted that the open-ended facility would...
THE SUN SETS ON THE CITY OF LONDON
As another bank threatens to leave, the Square Mile is struggling to retain its status as London's financial centre Is the dominance of the City of London coming to an end? The historic centre of London has long been the headquarters of British finance, the home of...
Pair of former Wells Fargo bankers join Wisconsin bank
A little more than a month after retiring from Wells Fargo in Minneapolis, correspondent bankers Bill Meyer and Mike Bodeen have been hired by National Exchange Bank & Trust in Fond du Lac, Wis. Meyer. who was executive vice president and national sales manager for Wells Fargo Global Correspondent Banking,...
BMO Named No. 1 Foreign Exchange Bank by CFETS.
M2 PRESSWIRE-21 February 2008-HEADLINES: BMO Named No. 1 Foreign Exchange Bank by CFETSC1994-2008 M2 COMMUNICATIONS LTD RDATE:21022008 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do...
BANK OF CHINA TO LUNCH LIFE INSURER IN 08
AsiaInfo Services02-20-2008Bank of China to Lunch Life Insurer in 08BEIJING, Feb 20, 2008 SinoCast via COMTEX -- Bank of China Ltd. (BOC, SEHK: 3988, and SHSE: 601988), the biggest foreign exchange bank in China, is scheduled to set up a life insurance company in 2008, disclosed Xiao Gang, the chairman.In...
KOREA EXCHANGE BANK TO SETTLE CHINA HQ IN TIANJIN
AsiaInfo Services02-19-2008Korea Exchange Bank to Settle China HQ in TianjinTIANJIN, Feb 19, 2008 SinoCast via COMTEX -- Korea Exchange Bank (KEB and KRXS: 004940), one of South Korea's largest commercial lenders, has recently decided to settle its China headquarters HQ in Tianjin, a municipality in north China.KEB is the first...
Guaranty Bank Introduces New Senior Vice President and Manager to Lead Title & Exchange Banking Division
DALLAS -- Guaranty Bank has named Jan Fisher as Senior Vice President and Manager of Title & Exchange Banking, which provides banking products and services exclusively to companies in the title and exchange industry. "Jan is among the top banking professionals in this key strategic market segment and...
SKorean court fines US fund Lone Star, jails executive
SEOUL AFP — A South Korean court Friday convicted US buyout fund Lone Star of rigging shares following its takeover of a local bank, imposing fines totalling 53 million dollars and jailing an executive. The Seoul Central District Court found the Dallas-based fund and Paul Yoo, head of...
South Korean court fines US fund Lone Star, jails executive
SEOUL AFP — A South Korean court on Friday convicted US buyout fund Lone Star of rigging shares following its takeover of a local bank, imposing fines totalling 53 million dollars and jailing an executive. The Seoul Central District Court found the Dallas-based fund and Paul Yoo, head...
SKorea the main loser from Lone Star saga: papers
SEOUL AFP — Newspapers Saturday counted the cost to South Korea of the Lone Star legal saga, after a court convicted the US buyout fund of share-rigging and jailed an executive. Chosun Ilbo, the largest-circulation daily, and Seoul Sinmun said bad publicity means the country is the bigger...
Asia: China - Selective Expansion - Xiao Gang, Chairman Of Bank Of China, Talks To Stephen Timewell About The Bank's Domestic And International Strategy For The Coming Year.
Byline: STEPHEN TIMEWELL Q: Bank of China is the most internationalised bank in China, with branches and subsidiaries in 28 countries. As domestic competitors move abroad, how do you plan to develop your international network and what are your key areas of expansion?...
Northern Trust Partners with youDevise to Provide Funds of Hedge Funds with Daily Portfolio Management Data.
LONDON, January 28 /PRNewswire/ -- Northern Trust announced that through an exclusive, worldwide partnership with financial applications company youDevise, it will offer funds of hedge funds daily portfolio management data. Typically, funds of hedge funds ("FoHF") can only get this type of information...
Commerce quarterly profits drop 47%
Commerce Bancorp Inc. yesterday reported a 47 percent drop in fourth-quarter profits on higher loan losses, charges related to the sale of its insurance brokerage and losses on investments. The Cherry Hill bank, which has scheduled a shareholder vote Feb. 6 on its sale to Toronto-Dominion Bank, said its fourth-quarter...
BOC HEILONGJINAG BRANCH 07 LENT CNY520MN TO RURAL AREAS
AsiaInfo Services01-24-2008BOC Heilongjinag Branch 07 Lent CNY520mn to Rural AreasHARBIN, Jan 24, 2008 SinoCast via COMTEX -- The Heilongjiang Branch of Bank of China BOC, the top foreign exchange bank in the nation, lent CNY 520 million through cooperation with Heilongjiang Provincial Rural Credit Union, a financial banking institution, to...
Lone Star chief leaves SKorea after questioning
SEOUL AFP — The head of a US buyout firm embroiled in a series of legal disputes in South Korea left the country Thursday after 10 days of questioning by prosecutors. John Grayken, chairman of Lone Star Funds, had been barred from leaving during the questioning which ended...
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- Incorporated: 1890
Key Competitors
Exchange Bank Company Info
Board of Directors
C. William Reinking
Chmn.
John E. McDonald
Sharon E. Stockham
Robert G. Stone
Andrew J. Shepard
James M. Ryan
Marlene Barney
Jim Ryan
Dan Benedetti
Jean Destruel
Charles R. Bartley
Contact Information
545 Fourth Street
P.O. Box 403
Santa Rosa, CA
707 524-3000
