GOOD DEAL: Babb's Nervy Move Was Worth the Risk
BAD DEAL: Regions Struggles to Sell Morgan Keegan
GOOD DEAL: Pops, I Reeled In a Big One
BAD DEAL: Others Would Like to Throw It Back
GOOD DEAL: Capital One Deals Worth Taking Heat Over
BAD DEAL: Deal for HSBC Branches Hurt First Niagara's Wallet, Reputation
GOOD DEAL: Hello, Beantown
BAD DEAL: A Year of Buyer's Remorse
We offer three examples of regrettable experiences for some banks.
Park National Corp., a $7.3 billion-asset company,
Meanwhile, Hampton Roads Bankshares Inc. in Norfolk, Va., said in June it was looking to sell 10 branches and its Gateway mortgage and insurance businesses to cut costs and focus on community banking in its core markets.
GOOD DEAL: PNC Deal for RBC Was Textbook
This week the Federal Reserve Board approved the Pittsburgh
Besides being a good business deal, it was also low on the radar unlike deals this year by Capital One and First Niagara. No big public hearings were held in major cities that left the company open to criticism and bad headlines.
Meanwhile,
BAD DEAL: Brookline Stirred Too Much Mystery
The $3.1 billion-asset Brookline, Mass.,
The uncertainty and bad headlines that the transaction stirred made it the poster child of a number of deals that were announced in the spring and lingered for months as regulators took their time and markets went haywire.