BNET Industries
Last Fiscal Year Sales:$5.2B
- Public
- US
Dow Jones Description
Sovereign Bancorp, Inc., (NYSE: SOV), is the parent company of Sovereign Bank, a financial institution with $85 billion in assets as of December 31, 2007 with principal markets in the Northeast United States. Sovereign Bank has 750 community banking offices, over 2,300 ATMs and approximately 12,000 team members. Sovereign offers a broad array of financial services and products including retail banking, business and corporate banking, cash management, capital markets, wealth management and insurance. Sovereign is the 19th largest banking institution in the United States.
Number of Employees 10,235
Contact Information
1500 Market St
Philadelphia, Pennsylvania 19103-3231
(610) 320-8400
Peer Companies
NAICS Code Savings Institutions: 522120
News & Analysis
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acquisition and sovereign bancorp inc. - All News and Analysis
The Boston Globe Boston Capital Column.
- 2001-04-27
By Steven Syre and Charles Stein, The Boston Globe Knight Ridder/Tribune Business News Apr. 27--DOES LARRY FISH have the green light? More than a year after Citizens Financial Group completed its last purchase, the $1.4 billion acquisition of Boston's UST Corp.,...
Federal Reserve Approves Fleet Financial's Acquisition of BankBoston.
- 1999-09-08
Knight Ridder/Tribune Business News Sep. 8 -- The Federal Reserve Board yesterday approved Fleet Financial Group Inc.'s acquisition of BankBoston Corp., clearing the way for the creation of the nation's eighth-largest banking company, to be known as Fleet Boston Corp. The...
Analyst Tom Hain to Discuss Sovereign Bancorp Acquisitions On RadioWallStreet Internet Broadcast
- 1999-09-07
PHILADELPHIA--BUSINESS WIRE--Sept. 7, 1999--
Sovereign Bancorp of Philadelphia Announces Acquisition of ML Bancorp.(Originated from The Philadelphia Inquirer)
- 1997-09-19
Sovereign Bancorp will buy Main Line Bank and its parent company, ML Bancorp, for $345 million in stock, both companies said Thursday night. Sovereign Bancorp will buy Main Line Bank and its parent company, ML Bancorp, for $345 million in stock,...
- 1
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Glass Door
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| Wells Fargo |  |
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