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TCF Financial to merge into Chemical Financial to create Midwest bank with $45 billion in assets
Chemical Financial Corp. and TCF Financial Corp. announced Monday an all-stock "merger of equals," in which TCF will merge .....»»
Three companies merge to create $114 billion banking giant
The deal, confirmed at the close of trade on Tuesday, marks the second bank tie-up in Abu Dhabi in recent years and follows a wave of consolidation efforts in the sector......»»
Three companies merge to create $114 billion banking giant
The deal, confirmed at the close of trade on Tuesday, marks the second bank tie-up in Abu Dhabi in recent years and follows a wave of consolidation efforts in the sector......»»
3 companies merge to create $114 billion banking giant
The deal, confirmed at the close of trade on Tuesday, marks the second bank tie-up in Abu Dhabi in recent years and follows a wave of consolidation efforts in the sector......»»
3 companies merge to create $114 billion banking giant
The deal, confirmed at the close of trade on Tuesday, marks the second bank tie-up in Abu Dhabi in recent years and follows a wave of consolidation efforts in the sector......»»
South Korea to combine world"s two biggest shipbuilders in $2 billion deal
Hyundai Heavy Industries, the world's biggest shipbuilding group, has announced a share swap deal worth 2.1 trillion won ($1.98 billion) to take over second-ranked Daewoo and create a global heavyweight controlling over 20 percent of the market......»»
BB&T merging with SunTrust, establishing HQ in Charlotte
Two of the biggest banks in the South are joining forces. Winston-Salem-based BB&T Corp. (NYSE: BBT) and SunTrust Banks (NYSE: STI) will merge, a move that will create the sixth-largest U.S. bank based on assets and deposits. The all-stock merge.....»»
Oil prices aren"t the Fed"s biggest problem right now — American demand is, says an economist
The attack on Iran on Friday isn't as important for US inflation as domestic demand, said an economist at a private Swiss bank. Inflation could see a resurgence in 2025, .....»»
Warren Buffett commands a $270 billion stock portfolio - and 5 holdings make up 75% of its total value
Buffett's Berkshire Hathaway owned $203 billion worth of Apple, Bank of America, and three other stocks at the end of March. Warren Buffett REUTERS/Marc Cardwell Warren Buffett has a $270 billio.....»»
Cabot Oil & Gas, Cimarex Energy to merge to create $17B producer
Oil and gas producers Cabot Oil & Gas Corp and Cimarex Energy Co said on Monday they would combine to form a company with an enterprise value of about $17 billion, the latest in a sector rebounding from one of its worst downturns......»»
The next great hurdle in building New York"s marijuana economy: workforce development
New York's cannabis industry could be worth $4.2 billion in the next six years and create anywhere from 30,000 to 60,000 new jobs. And that workforce is going to need training......»»
Market Extra: Bank of America tops charts with $15 billion bond deal, the biggest ever from a bank
Major U.S. financial powerhouses Bank of America and JP Morgan are going on a borrowing spree, after reporting blockbuster first-quarter financial results this week, smashing record after record along the way......»»
Stocks tied to Archegos are roiling markets again as $2 billion of block trades drives new bout of volatility
The volatility kicked off after Credit Suisse initiated a block trade worth $2.3 billion in an attempt to curtail further losses. FILE PHOTO: Logo of Swiss bank Cr.....»»
Greenlane and KushCo to merge in all-stock deal that will create supplier of cannabis accessories
Greenlane Holdings Inc. and KushCo Holdings Inc. said Wednesday they have agreed to merge in an all-stock deal that will create one of the biggest makers of accessories for the cann.....»»
Volkswagen"s EV Business Could Be Worth $230 Billion Alone, Deutsche Bank Says
Volkswagen's EV Business Could Be Worth $230 Billion Alone, Deutsche Bank Says Certainly one of the more exciting stories in the world of EV investing over the p.....»»
The world"s biggest holder of Dogecoin owns 28% of the cryptocurrency - a position now worth $2.1 billion
The stake is worth $2.1 billion at current prices, though the person or entity has not been identified. Dogecoin is a 'meme' cryptocurrency, seemingly created as.....»»
Bank of America sets $2.9 billion stock buyback program through March, to pay regular dividend
Shares of Bank of America Corp. gained 1.2% in premarket trading Tuesday, after the bank said it authorized the repurchase of $2.9 billion worth of common shares through March 31. .....»»
Bank of America"s 4th-quarter profit beats expectations, but revenue drops 10% as low interest rates hurt its consumer banking division
The second-biggest US lender posted a 28% drop in net income to $5.5 billion in the quarter, or $0.59 per share. Brian Moynihan, CEO of Bank of America. Bobby Yip/Reuters Bank of America po.....»»
TCF Financial and Huntington to merge in $22 billion bank deal
The Huntington brand will survive, while the TCF name will disappear in th.....»»
Liberty and Telefonica agree $38 billion UK tie-up to take on BT
Liberty Global and Telefonica have agreed to merge their British businesses in a $38 billion deal that will create a powerhouse in mobile and broadband to take on market leader BT ......»»