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Acquisition helps lift deposits at Associated Bank
Associated Banc-Corp's acquisition of First Staunton Bancshares Inc. gave the Green Bay-based bank a boost in deposits during the first quarter......»»
Associated Bank implements relief program for customers affected by COVID-19 pandemic
Associated Bank has started a COVID-19 relief program to help customers experiencing financial hardships brought on by the health crisis. The Green Bay-based bank, owned by Associated Banc-Corp (NYSE: ASB), announced the program in a news releas.....»»
Associated Bank completes purchase of First Staunton
Associated Banc-Corp now owns First Staunton Bancshares Inc. The Green Bay-based parent company of Associated Bank announced last July its intent to purchase the Illinois financial services firm. This month, Associated Bank announced its $76.3 m.....»»
American Savings Bank sells Mililani service center for $9M
The sale of the building in the Mililani Technology Park on Dec. 26 follows the sale in October of American Savings Bank’s 12-story office building at the Financial Plaza of the Pacific to the Hawaii Employers’ Mutual Insurers Co. for $13.5 million......»»
BNY Mellon profit surges 67% on one-time gain
Bank of New York Mellon Corp , the world's largest custodian bank, reported a 67% jump in quarterly profit on Thursday, helped by a one-time gain from the sale of an unspecified equity investment......»»
Bremer Bank employees, shareholders sue Otto Bremer Trust trustees, attempting to thwart sale
Bremer Financial Corp. employee shareholders are wading into the fight over the future of their bank. A group of 16 Bremer Bank employees filed a lawsuit against the three trustees for Otto Bremer Trust, which owns a major stake in the financial instit.....»»
Bremer Financial"s majority owner says it may sell bank
The majority owner of Bremer Financial Corp. announced on Monday that it's exploring a sale of the bank. The Otto Bremer Trust, which owns roughly 90 percent of the financial institution, said Monday it'll explore a possible sale of its ownershi.....»»
7 things to know today and BB&T, SunTrust reveal new name for merging bank
Good morning, Orlando! The entity that will be created by the soon-to-merge BB&T Corp. (NYSE: BBT) and SunTrust Banks Inc. (NYSE: STI) has a new name: Truist Financial Corp. BB&T and SunTrust — the largest bank in Central Florida — announce.....»»
7 things to know today and Barnes & Noble going private in $683M sale
Good morning, Orlando! Barnes & Noble Inc. — which has eight stores in Central Florida — is being acquired by British hedge fund Elliott Management Corp. in a $683 million deal that includes the assumption of debt. Elliott is paying $6.50 per .....»»
Amid battle with activist investors, DNB agrees to $206M sale to Western Pa. bank
After spending much of 2019 fending off an activist investor, venerable DNB Financial Corp agreed to be acquired by Western Pennsylvania-based S&T Bancorp for $206 million in stock. S&T (NASDAQ: STBA), based in Indiana, Pa., about 45 miles east of Pitt.....»»
Behind the deal: Pioneer Bank gets approval to reorganize company and sell shares of its stock
As part of the stock sale, Pioneer Savings Bank will convert from a mutual savings bank to a stock-form savings bank......»»
JPMorgan poised to be first foreigner to get majority in China fund venture
JPMorgan could become the first foreign company to own a majority stake in its Chinese mutual fund business, after its joint venture partner put a crucial 2 percent of the business up for sale that analysts expect the Wall Street bank to lap up......»»
Associated Banc-Corp management to meet with Deutsche Bank
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Advisory firm ISS recommends against Rite Aid sale to Albertsons
Institutional Shareholder Services Inc (ISS), a shareholder advisory firm whose recommendations are followed by major mutual funds, said on Friday that Rite Aid Corp investors should vote down its $24 billion merger with Albertsons Cos......»»
Mutual Funds Weekly: Shopping for stock market bargains is no easy sale
People love buying things at a lower price — except when it comes to stocks......»»
Five things you need to know today, and how to spend a year in Nashville
Happy Thursday, Cincinnati – and thank goodness the Reds are out of Seattle! Here are five stories to start your day. The Duttenhofer Building, a former headquarters of Procter & Gamble, is up for sale again after plans to turn it into a hotel .....»»
First Fed Bank names new C-level leaders
The new roles come months after the Federal Deposit Insurance Corp. issued a consent order to First Fed due to a partnership the bank had with a fintech company......»»
Bank of America"s Q1 Consumer Banking Income Takes A Hit, Adds 1M Credit Card Accounts
Bank of America Corp (NY.....»»
Bank of America’s Merrill Lynch to ban trainee brokers from making cold calls
Bank of America Corp.'s Merrill Lynch Wealth Management unit is banning trainee brokers from making cold calls, a vestige of an era when the industry pushed hot stocks on anyone who would pick up the phone......»»
VF Corp. price target lowered to $98 from $101 at Deutsche Bank
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»