Norwest Corp. has agreed to buy First United Bank Group Inc. in a stock swap valued at $495 million. The deal will expand Minneapolis-based Norwest's 13-state bank network into New Mexico and Texas. First United, based in Albuquerque, has $3.8 billion of assets, including pending acquisitions.
Access to authoritative analysis and perspective and our data-driven report series.
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In
At more than 80 million strong, Millennials are the largest generation ever. They’re also the most diverse, most educated, comprise the largest segment of the American workforce, hold the most purchasing power, and are poised to inherit more wealth than any other generation.