Showing results for "United Bankshare"
markets
Deutsche Bank Signals `Tough Cutbacks' to Investment BankDeutsche Bank AG Chief Executive Officer Christian Sewing signaled “far-reaching changes,” including significant cuts to the investment banking unit, as he seeks to win back investor confidence following the breakdown of takeover talks with Commerzbank AG.May 23, 2019
markets
Hurricane Florence: Stocks and Sectors That Could Be HitEquity investors are closely tracking Hurricane Florence as the worst storm to hit North Carolina in decades could also have a menacing effect on the insurance, retail, agriculture and restaurant industries. More than 1 million people are evacuating their homes as the Category 4 storm is expected to make landfall over the weekend. Analysts say the event could also be a boon for companies that specialize in roof repairs or disaster-related services, as well as transportation providers.September 12, 2018
business
Pete Peterson, Lehman Exile, Blackstone Billionaire, Dies at 91Peter G. Peterson, the Wall Street rainmaker with global connections who emerged from a fight for control of Lehman Bros. to become a billionaire as co-founder of the private-equity firm Blackstone Group LP, has died. He was 91.March 20, 2018
business
What HSBC Investors Learned as New CEO Flint Takes the HelmHSBC Holdings Plc kick-started the U.K. bank earnings season with the final set of results for Chief Executive Officer Stuart Gulliver as John Flint assumes the role. The shares fell the most in a year in London trading as revenue and profit missed estimates for the fourth quarter.February 20, 2018
business
United Bankshares Said in Talks to Acquire Cardinal FinancialUnited Bankshares Inc. is in talks to acquire rival Washington-area lender Cardinal Financial Corp., according to people familiar with the matter, as regional banks seek to pair up to counter low interest rates and mounting regulatory costs.August 17, 2016