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Chilean bank Banco de Credito e Inversiones has agreed to buy the $4.7 billion-asset City National Bank of Florida from Spain's Bankia for $882.8 million.
May 24 -
Ever since Visa (NYSE: V) and MasterCard (MA) struck a $7.25 billion deal last summer to settle a long-running class-action lawsuit with retailers, many of the nation's largest merchants have been trying to wriggle free.
May 24 -
The company plans to place a greater emphasis on commercial banking in cities such as Houston and Jacksonville, Fla.
May 24 -
A bipartisan group of senators led by Sen. Bob Corker, R-Tenn., is drafting legislation designed to reform the housing finance system, including a plan to wind down the government-sponsored enterprises.
May 24 -
Higher turnout at annual meetings and new SEC reporting rules are forcing bankers and activist shareholders to spend more time, money swaying voters in proxy fights.
May 24 -
Unresolved issues surrounding American Airlines' contract with Citibank, which issues its co-branded frequent flier credit card, threaten to derail the bankrupt airline's efforts to reorganize and merge with US Airways, according to court documents Citi filed on May 24.
May 24 -
The $225 million-asset Goldthwaite is buying First National Bancshares in Hico, Texas. Terms of the deal were not disclosed.
May 24 -
Unresolved issues surrounding American Airlines’ contract with Citibank, which issues its co-branded frequent flier credit card, threaten to derail the bankrupt airline’s efforts to reorganize and merge with US Airways, according to court documents Citi filed on May 24.
May 24 -
Banks that have been proactive in anticipating the regulatory winds might have little to fear from the rules, but others that have been slow to adapt could be forced to make significant changes that could crimp profits.
May 24
