Wisconsin-based Oregon Community Bank and McFarland State Bank agreed to merge. The merger
Montebello, N.Y.-based Sterling National Bank, a unit of Sterling Bancorp, agreed to acquire
Bi-County PTC FCU members approved the merger
The current stretch of low inflation is, by itself, not a reason to ease monetary policy, Kansas City Federal Reserve President Esther George
An analysis from Goldman Sachs Group Inc. indicates that President Donald Trump
The American Bankers Association's Consumer Credit Delinquency Bulletin shows that consumer credit delinquencies
In other parts of the world
Asia-Pacific: South Korea to audit Shinhan Financial; Deutsche Bank reshuffles India team
Europe: HKEX drops LSE bid; Wirecard ups targets; ECB warns on bank liquidity
Middle East & Africa: Egypt mulls slashing bourse fees; Lebanon seeks UAE backing; Uganda trims rate
Now featured on S&P Global Market Intelligence
Piper Jaffray, Sandler O'Neill facing some equity research overlap: While Piper Jaffray's equity research coverage will expand when its pending acquisition of Sandler O'Neill & Partners closes in January 2020, combining the platforms will create some overlap in a business facing industrywide headwinds.
Pennsylvania's 3 largest community banks gear up for growth via bank M&A: Pennsylvania's community banks lagged the rest of the U.S. in multiple metrics during the second quarter, but the state's banks were able to grow deposits at a faster pace.
For large credit unions, 'no good way' to offset costs of $10B asset threshold: Despite outpacing the banking industry in asset growth, credit unions rarely cross the critical $10 billion in assets threshold. Only 10 of the 5,410 credit unions nationwide are above that mark.
The day ahead
Early morning futures indicators pointed to a lower opening for the U.S. market.
In Asia, the Hang Seng rose 0.28% to 25,893.40, and the Nikkei 225 lifted 0.99% to 21,587.78.
In Europe, around midday, the FTSE 100 fell 0.31% to 7,175.52, and the Euronext 100 was down 0.96% to 1,062.34.
On the macro front
The Producer Price Index - Final Demand and the Redbook Index for retail sales are due out today.
Click here to read about today's financial markets, setting out the factors driving stocks, bonds and currencies around the world ahead of the New York open.
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