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Standard Federal Bank was a Troy, Michigan-based bank serving Michigan and Northern Indiana in the United States which was acquired by Bank of America on 5 May 2008. [1]In 2005, Standard Federal was the largest bank in Michigan based on number of retail branches (265), ATMs (more than 1,000) and deposits (US 23.3B, 15.06% market share); it ranked second in assets.
In the 1960s LaSalle acquired the Mutual National Bank of Chicago founded by Frank C. Rathje. Algemene Bank Nederland (ABN) acquired the bank in 1979. In a merger of co-owned banks, the LaSalle Bank N.A. name was adopted in 1999. It was the largest bank headquartered in Chicago with US$72.2 billion in assets and US$46.8 billion in deposits.
Fifth Third Bank: 2001 Standard Federal Bank: Michigan National Bank: Standard Federal Bank: Bank of America: 2001 FleetBoston Financial Corp. Summit Bancorp: FleetBoston Financial Corp. Bank of America: 2002 Citigroup: Golden State Bancorp: Citigroup: $5.8 billion Citigroup: 2002 Washington Mutual: Dime Bancorp, Inc. Washington Mutual ...
Date. Acquiring bank. Acquired bank. Purchase price. Sept. 30, 1998. Bank of America. NationsBank. $62 billion. July 1, 2004. J.P. Morgan Chase. Bank One. $58 billion
Standard Federal Bank: Standard Federal Bank sold ten northwest Ohio offices. Sky now has 205 financial centers and has #2 market share in Wood and Lucas counties. [15] June 7, 1999: Mahoning National Bancorp: Mahoning National was an $809 million bank holding company headquartered in Youngstown, Ohio that operated 20 banking offices in ...
First Union bought the Newark, N.J., bank for $5.4 billion — the biggest U.S. bank acquisition at the time. In 1997, the dealmaker bragged about the technique he used to buy Signet Banking Corp ...
In 2005, Standard Federal became LaSalle Bank Midwest to unite ABN AMRO's two banking networks in the U.S. In 1995, ABN AMRO purchased The Chicago Corporation, an American securities and commodities trading and clearing corporation. [10] Other major acquisitions included the Brazilian bank Banco Real in 1998, and the Italian bank Antonveneta in
Clients buying the dip in U.S. equities recorded $5.5 billion in total flows to stocks, the largest sum since late November and eighth largest since 2008, per Bank of America’s data.