East West Commercial Real Estate

Fed’s Duke says bank lending dropping, may lag for years
U.S. bank lending continues to decline even though the banking sector is recovering, and it may be years before lending returns to pre-crisis levels, Federal Reserve Governor Elizabeth Duke said on Wednesday.

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West Coast Bank Expands Commercial Banking Team in Lane County
West Coast Bank has hired Shanna L. Reichenberger to lead their Lane County Commercial Banking team as Vice President â Team Leader. She will work with commercial banking clients to provide lending, depository and treasury management products and services from her office at the Eugene North branch, 1005 Green Acres Road.

Read more on PR Newswire via Yahoo! Finance

HSBC snaps up RBS banking assets in India
Asia-focused bank HSBC on Friday bought the Indian commercial and retail banking assets of British state-controlled Royal Bank of Scotland, expanding its footprint in the emerging market nation.

Read more on AFP via Yahoo! News

Bank of China to raise $8.9B as lenders replenish capital after lending boom
BEIJING, China – Bank of China Ltd. announced Friday it will raise up to 60 billion yuan (US$8.9 billion) in a new effort by a major Chinese state-owned lender to replenish capital following last year’s lending boom.

Read more on The Canadian Press via Yahoo! Canada News