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AgBank, China's No. 3 lender by assets, is likely to make its multibillion dollar IPO only in the second half of 2010 or even later, as it tries to sort out its bad loans and waits out an expected round of capital raising by other Chinese lenders, sources said on Tuesday.

Bank of America Corp's defense against civil charges it misled investors during its takeover of Merrill Lynch & Co suffered a setback on Monday when a judge ruled that the bank may not present as trial evidence media reports that it told shareholders to ignore.

Bank of America Corp Chief Executive Brian Moynihan said the financial industry needs to embrace a looming regulatory overhaul instead of fighting it, but added that breaking up the biggest U.S. banks would be a mistake.

Small and mid-sized U.S. banks can hold off on repaying funds under the Treasury's Troubled Assets Relief Program, as they may escape government pressure to raise capital and face less taxpayer scrutiny over compensation practices.

Shares of MGIC Investment Corp fell nearly 10 percent, a day after the largest U.S. mortgage insurer said two units of Bank of America Corp filed a complaint for declaratory relief against it in the Superior Court of the State of California.

Wells Fargo & Co , the fourth-largest U.S. bank by assets, on Wednesday said it repaid the $25 billion government bailout it received during the financial crisis, after last week selling $12.25 billion in stock.

Internet marketing company ReachLocal Inc on Tuesday filed for an initial public offering of up to $100 million.

Your roving Whiskey reporter just came back from the Big Apple last week after a short afternoon's jaunt to the Japan Society. Lest you think I'm going to tell you to invest in kimono (like carry trade sweethearts did a few years back), don't be fooled.

U.S. banks that spent more money on lobbying were more likely to get government bailout money, according to a study released on Monday.

ManTech International Corp (MANT.O) said it agreed to buy privately held Sensor Technologies Inc for $242 million in cash to expand its presence in the high-end defense and intelligence market.

ManTech International Corp (MANT.O) said it agreed to buy privately held Sensor Technologies Inc for $242 million in cash to expand its presence in the high-end defense and intelligence market.

Prospects for the four big U.S. banks are brightening, with earnings set to rise markedly in the coming years, the financial weekly Barron's writes in its latest issue.

Former Bank of America Corp (BAC.N) Vice Chairman Gene Taylor is putting together a fund to invest in U.S. banks after a bid to inject capital into a small Florida bank fell apart, sources familiar with the matter said.

The energy, finance, technology and healthcare industries are expected to be the hottest areas in a dealmaking market that in 2010 is likely to expand gradually from this year's depressed levels.

In the lucrative business of underwriting and selling a company's stock, J.P. Morgan led the world's banks this year, earning an estimated $2.2 billion in fees, or nearly double what it hauled from the deals last year.

Brian Moynihan may be about to run the largest U.S. bank at a time of massive change in the crisis-damaged industry but he seems to be restricting his public comments about strategy to one word: Execute.

In the lucrative business of underwriting and selling company stock, J.P. Morgan led the world's banks this year, earning an estimated $2.2 billion in fees, or nearly double what it hauled from the deals last year.

Citigroup Inc shares fell to their lowest level in four months on Thursday, a day after the bank's $20 billion stock and bond offering drew a cool reception on Wall Street and prompted the U.S. Treasury to delay plans to start selling off its Citi holdings.

nk of America Corp's successor for retiring Chief Executive Kenneth Lewis said on Thursday the company has no plans to sell its U.S. Trust unit.

Citigroup Inc shares fell sharply on Thursday, a day after the bank's $20 billion stock and bond offering drew a cool reception on Wall Street and prompted the U.S. Treasury to delay plans to start selling off its Citi holdings.

Boosting Broadband; Banks' New Rules; Treasuries harder to buy

Bank of America Corp on Wednesday tapped insider Brian Moynihan as its next chief executive, ending months of speculation about who would succeed Kenneth Lewis to lead the largest U.S. bank.

Stock index futures fell on Thursday, indicating a weaker start for Wall Street. Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq Composite were down 0.3 to 0.4 percent by 0944 GMT (4:55 a.m. EST).

Brian Moynihan was on Wednesday evening announced to replace Kenneth Lewis as head of the nation's largest bank.

The U.S. Treasury delayed a plan to sell its $5 billion of Citigroup Inc shares after a stock offering by the bank attracted weak demand and priced at a much lower-than-expected $3.15 a share.

The Treasury delayed a plan to sell $5 billion of Citigroup Inc shares after a stock offering by the bank attracted weak demand and priced at a much lower-than-expected $3.15 a share.

The U.S. Treasury delayed a plan to sell $5 billion of Citigroup Inc shares after a stock offering by the bank attracted weak demand and priced at a much lower-than-expected $3.15 a share.

So Shooters, today's big news: Citigroup to pay back $20 billion in TARP to government. Why stop so soon the magic IV drip known as TARP funding (which had just been so graciously extended by Treasury)? Well, it's not because the company is back in good health. They just want to keep ahead of the talent-poaching with the zombies doing jumping jacks - the likes of Goldman Sachs.

Wells Fargo & Co sold $10.65 billion in stock on Tuesday to help repay a $25 billion bailout received from the U.S. government last year.