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With new hires, Commerce Bank doubles down on push into Boston - and against Uber
2015-06-02 20:14:08| Food - Topix.net
Worcester-based Commerce Bank has hired three executives for its corporate banking group in Boston, including a former Salem Five staffer to lead its taxi medallion lending team. In past weeks the bank has brought on senior vice president Martin O'Riordan as commercial team lead for the Boston medallion lending group, senior vice president John Tyson to develop business among middle-market commercial and industrial companies, and vice president and commercial loan officer Brendan Kennedy .
Tags: bank
commerce
boston
push
World Bank Says Russian Macro Forecast Better Than Expected, Russian Stocks Higher
2015-06-02 19:57:33| IT Services - Topix.net
The World Bank came out on Tuesday and revised its Russian GDP forecast to a 2.7 percent decline through 2015, marking an improvement from the previous 3.8 percent contraction that was previously projected. The Moscow Times cited the bank's lead economist for Russia who noted that the revision is attributed to a recovery in oil prices in recent months, a stronger ruble and slowing inflation.
Tags: world
higher
expected
bank
Steel Dynamics Receives "Buy" Rating from Bank of America
2015-06-02 19:12:01| Steel - Topix.net
's stock had its "buy" rating restated by equities research analysts at Bank of America in a research note issued to investors on Tuesday. They currently have a $24.00 target price on the stock, up from their previous target price of $23.00.
BHP Billiton plc Downgraded to Hold at Deutsche Bank
2015-06-02 14:43:09| Industrial Machines - Topix.net
They currently have a GBX 1,660 target price on the mining company's stock, down from their previous target price of GBX 1,800 . Deutsche Bank's target price would indicate a potential upside of 22.10% from the stock's previous close.
Killing U.S. Ex-Im Bank Seen Foolish Yet Not End of Civilization
2015-06-02 13:41:02| Industrial Machines - Topix.net
Once renewed regularly without controversy, Ex-Im has become a target of conservative Republicans who say it benefits only a few large corporations that don't need government assistance. The U.S. Export-Import Bank's biggest beneficiaries, including General Electric Co.
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bank
killing
civilization
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