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The U.S. Department of the Treasury announced Thursday that it sold all of the trust preferred (TruPS) Citigroup (C) shares it held for a net profit to the taxpayer of $2.246 billion. In addition ...
The Treasury Dept. will sell its stake in troubled banking giant Citigroup (C) over the course of the year, it announced today. This sets up the government to make a substantial profit at the bank ...
Commerce Union Bank Sovran Financial Corp. Bank of America: 1987 NBD Bancorp: State National Corporation: NBD Bancorp: $103 million JPMorgan Chase: 1987 U.S. Bancorp: Peoples National Bank of Washington U.S. Bancorp: U.S. Bancorp: 1987 First Union Corp. Atlantic National Bank of Florida First Union Wells Fargo: 1988 Bank of New York: Irving ...
Citi’s services revenues also played a role in its strong quarter—including Treasury and trade Solutions—which were up 3% to $4.7 billion. Leading that growth was securities services ...
The company's logo The former Union Bank logo used from 1996 prior to the 2008 rebranding Former Union Bank logo from December 2008 to November 2017 A branch in Los Angeles. Union Bank was an American national bank with 398 branches in California, Washington, and Oregon.
The Federal Deposit Insurance Corporation (FDIC) may assume deposits of banks or allow other banks to assume them. The largest banks to be acquired have been the Merrill Lynch acquisition by Bank of America, the Bear Stearns and Washington Mutual acquisitions by JPMorgan Chase, and the Countrywide Financial acquisition also by Bank of America.
United States Department of the Treasury [167] [c] General Motors: 49.5 72.5 23 2003 Bank of America [168] FleetBoston Financial: 47.0 80.3 24 2009 Roche Holding AG [169] Genentech: 46.8 68.6 25 2008: United States Department of the Treasury [170] [c] Citigroup: 45.0 65.7 26 2008: United States Department of the Treasury [171] [172] [c] Bank of ...
A $20 billion Biden administration green-energy slush fund was collecting interest at a private bank and is being distributed without proper oversight, Environmental Protection Agency Administrator...