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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
HSBC Bank USA: HSBC Bank USA: 2003 BB&T: 1st Virginia Banks, Inc. BB&T: Truist Financial: 2003 M&T Bank: Allfirst Bank: M&T Bank: M&T Bank: 2004 New Haven Savings Bank Savings Bank of Manchester, Tolland Bank NewAlliance Bank: NewAlliance Bank: 2004 North Fork Bancorporation Inc. The Trust Company of New Jersey North Fork Bancorporation Inc ...
On February 19, Capital One announced it would acquire Discover in an all-stock transaction worth $35.3 billion. Both companies are among the largest credit card issuers in the country while ...
NEW YORK/WASHINGTON (Reuters) -Warren Buffett-backed U.S. consumer bank Capital One plans to acquire U.S. credit card issuer Discover Financial Services in an all-stock transaction valued at $35.3 ...
In 2009, the bank acquired Peoples First Bank of Panama City, Florida after the latter was seized by the Office of Thrift Supervision after suffering from bank failure. [10] [11] In 2011, the bank acquired Whitney Holding Corporation. [12] In 2017, the bank acquired First NBC Bank, which was seized by regulators after suffering from bank ...
On January 17, 2014, Florida Community Bank received regulatory approval from the Office of the Comptroller of the Currency to acquire Great Florida Bank. M. Mehdi Ghomeshi, president and chief executive officer of Great Florida Bank, said, "This merger is a win for our stockholders, customers and banking franchise. This business combination ...
WASHINGTON (Reuters) -The U.S. Justice Department antitrust division plans to expand the scope of its bank merger review process, the department's chief said on Tuesday, in a sign the agency may ...
In a news release dated March 27, 2012, Capital Bank Financial Corp. said it agreed to buy Southern Community Financial Corp. of Winston-Salem, North Carolina, whose Southern Community Bank and Trust had $1.5 billion in assets and 22 branches, for $2.88 a share. Southern Community, started in 1996, was Winston-Salem's third-largest bank by ...