Turkey's state-run Ziraat Bankası New York branch, which has been subjected to strict US Federal Reserve (Fed) inspections over accusations of illegal money transfers, has told its customers that it is quitting retail banking.
BB&T will pay a 5.3 percent premium to book value on about $2.3 billion in deposits, according to a separate statement from the Winston-Salem, North Carolina-based lender.
Two years ago Wednesday, M&T Bank Corp. announced the largest acquisition in its 158-year history, a $3.7 billion deal to buy Hudson City Bancorp.
Card member spending rose nine per cent globally, after adjusting for foreign currency, compared to seven per cent growth in the preceding quarter and eight per cent growth in the second quarter last year.
Washington Trust Bancorp, Inc. parent company of The Washington Trust Company, today announced net income of $9.8 million, or 58 cents per diluted share, for the second quarter of 2014, up from first quarter of 2014 net income of $9.3 million, or 55 cen
First American Bank, headquartered in Elk Grove Village, IL with 49 branches throughout the Chicago metropolitan area and assets of $3.4 billion, has announced a merger with the Bank of Coral Gables, a community-based bank located in Coral Gables, FL.
Continued Loan Growth, Disciplined Expense Management, and Asset Quality Improvements Help Drive Solid Results