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Report: BBVA to take over Guaranty
Spanish banking giant BBVA will acquire Texas-based Guaranty Bank in a government-assisted transaction, the Wall Street Journal is reporting. (TIN)
Biz Journal

Bank robber sentenced to 15 years
Oklahoma city (AP) - A man whose son called authorities after recognizing his father on videotape that showed someone robbing a bank has been sentenced to 15 years in prison. David Louis Siany was ...
bignewsnetwork.com

Chamber to host expo in Miramar
The Jamaica USA Chamber of Commerce announced plans to host the Jamaican Business Expo Sept. 3 and 4 at the Sunset Lakes Community Center in Miramar.
Miami Herald

Regulators give MBank cease and desist order
Merchants Bancorp has received a cease and desist order from federal regulators that requires the bank to stop issuing loans for land development and speculative construction, the parent of MBank announced on Wednesday.
Biz Journal

Umpqua raises $258.7M
Umpqua Holdings Corp. has raised $258.7 million by issuing 26.5 million shares of common stock, the parent of Umpqua Bank and Umpqua Investments announced Wednesday.
Biz Journal

Regulators reportedly pick buyer for Guaranty Bank
Federal banking regulators have told bidders that a winner was selected for Guaranty Financial Group Inc., the Wall Street Journal reported Wednesday.
Biz Journal

U.S., Swiss reach agreement on UBS bank
Some U.S. taxpayers who held accounts with Swiss bank UBS will get notices in the next few months that their previously undisclosed accounts are being reported to the Internal Revenue Service.
Biz Journal

MSOE to host event on global climate change
The U.S. Department of Commerce will solicit industry feedback on proposed global climate change initiatives at an event Aug. 25 hosted by the Milwaukee School of Engineering.
Biz Journal

BBVA to take over Guaranty
Guaranty Bank in a government-assisted transaction, the Wall Street Journal is reporting. Guaranty Bank has been warning that it is close to failure since
bignewsnetwork.com

Business leaders urged to prepare for dealing with flu
U.S. Commerce Secretary Gary Locke urged business leaders on Wednesday to cross train employees and prepare for the absence of some workers as the flu season approaches.
Big News Network

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