Search results
Results From The WOW.Com Content Network
Date. Acquiring bank. Acquired bank. Purchase price. Sept. 30, 1998. Bank of America. NationsBank. $62 billion. July 1, 2004. J.P. Morgan Chase. Bank One. $58 billion
Steven J. Pilloff, "Bank Merger Activity in the United States, 1994–2003," Washington: Board of Governors of the Federal Reserve System, May 2004. (Staff study 176) Institute of Mergers, Acquisitions and Alliances (MANDA) M&A An academic research institute on mergers & acquisitions, including bank mergers
In August 1994, Firstar announced the pending acquisition of the Chicago-based First Colonial Bankshares Corporation for $314 million in stock. [25] At the time of the announcement, First Colonial was the parent of 17 community banks with a total of 30 locations. The acquisition was completed in February 1995. [26]
[19] [20] The acquisition was completed in July 1987 on the first day that the state of Washington had allowed bank acquisitions by out-of-state companies. [21] In December 1986, U.S. Bancorp of Oregon announced the pending acquisition of the Camas, Washington-based Heritage Bank for $2.8 million (~$6.6 million in 2023). [22] [23]
When WikiLeaks founder Julian Assange asserted that his organization's next big leak would involve documents from a major -- and as yet unnamed -- bank, investors in Bank of America (BAC) got nervous.
For the bank's first quarter ended March 31, average total deposits increased $279 million, or 0.1%, from the fourth quarter of 2023. PNC, meanwhile, reported Tuesday its ...
It was renamed Union Bank & Trust Company of Los Angeles in 1918. Harry Volk was recruited from Prudential Insurance Company as the bank's new CEO in 1957 and pioneered the use of the one-bank holding company, [1] among other banking innovations. [2] Volk retired in 1980 after the purchase of the bank by London-based Standard Chartered Bank in ...
For premium support please call: 800-290-4726 more ways to reach us