Resources

108 Resources for

first union and merger

  • Subscribe to this listing via:
  • RSS
  • Email

BNET Resources

Wachovia to pay $37 million to settle claims concerning stock-buy disclosure.
By Rick Rothacker, The Charlotte Observer, N.C. Knight Ridder/Tribune Business News Nov. 5--Wachovia Corp. is paying $37 million to settle allegations that it did not properly disclose stock purchases made in connection with the 2001 Wachovia-First Union Corp. merger. ...
Tags: FINANCE, First Union, Investment, merger, SEC, stock, Wachovia Corp.
Research articles 2004-11-05
Federal Reserve Board Ups Assets SunTrust Would Have to Divest for Merger.
By Christine Van Dusen, The Atlanta Journal and Constitution Knight Ridder/Tribune Business News Jul. 26--SunTrust Banks underestimated how many branches would have to be sold if the Atlanta-based company were to merge with Wachovia. The Federal Reserve Board has told SunTrust Banks...
Tags: divestiture, Federal Reserve Board, FINANCE, First Union, Investment, merger, United Parcel Service of America Inc., Wachovia Corp.
Research articles 2001-07-26
First Union, Wachovia to Sell 38 Branches in Proposed Merger.
By Rick Rothacker, The Charlotte Observer, N.C. Knight Ridder/Tribune Business News Jul. 27--As part of their proposed merger, First Union Corp. and Wachovia Corp. would sell 38 branches, including 26 in the Carolinas, to appease government antitrust concerns. The Department of...
Tags: bank, FINANCE, First Union, Investment, merger, SunTrust Banks Inc., U.S. Department of Justice, Wachovia Corp.
Research articles 2001-07-27
Hard times lie ahead for US banks.(Brief Article)(Statistical Data Included)
Repositioning has become a favourite word as a number of the top US banks have found that earlier expansion and mergers have not worked out as well as planned. Not all have suffered. The giant Citigroup continues to plough ahead. Some of the more...
Tags: bank, Citigroup Inc., FINANCE, First Union, FleetBoston Financial Corp., Investment, J.P. Morgan Chase & Co., merger
Research articles 2001-03-01
First Union's latest deal haunted by mergers past.
Suits question bank's roll-up of some funds First Union Corp. can't seem to shake off the ghosts of acquisitions past. A lawsuit against the Charlotte, N.C., bank is moving forward, arising from its purchases of Signet...
Tags: Evergreen, First Union, investor, merger
Research articles 2001-06-18
The Charlotte Observer, N.C., Business Briefs Column.
The Charlotte Observer, N.C. Knight Ridder/Tribune Business News Apr. 14--The Federal Reserve Board Monday approved First Union Corp.'s pending $17.1 billion takeover of Philadelphia's CoreStates Financial Corp. The merger should be completed by First Union's...
Tags: asset, Banking, BB&T, Charlotte, Federal Reserve Board, FINANCE, First Union, Investment, merger
Research articles 1998-04-14
Skeptics Persist in Challenging First Union-CoreStates Merger.
By Joseph N. DiStefano, The Philadelphia Inquirer Knight Ridder/Tribune Business News Mar. 2--The paperwork is in. The investors are on board. Philadelphia Mayor Ed Rendell has been supportive. Yet the protesters are still out there,...
Tags: antitrust, bank, Federal Reserve Board, FINANCE, First Union, Investment, merger, Pennsylvania, shareholder
Research articles 1998-03-02
Federal Reserve to Hold Public Hearing in Philadelphia on First Union Merger.
By Paul Davies, Philadelphia Daily News Knight Ridder/Tribune Business News Feb. 26--Giving in to mounting pressure, the Federal Reserve decided yesterday to schedule a public hearing in Philadelphia on First Union's planned takeover of CoreStates Financial. ...
Tags: bank, Federal Reserve Board, First Union, merger, Philadelphia
Research articles 1998-02-26
Home Financial Corp. scheduled to be merged into First Union after the close of business on Nov. 25, 1996
JACKSONVILLE, Fla.--BUSINESS WIRE--Nov. 19, 1996--First Union Corp. (NYSE:FTU) and Home Financial Corp. (NASDAQ:HOFL) Tuesday announced that the effective date of the merger of Home Financial Corp. into First Union Corp. has been rescheduled from Nov. 29, 1996 to after the close of business on Nov. 25, 1996. ...
Tags: Business Wire, FINANCE, First Union, Florida, Investment, merger
Research articles 1996-11-19
FDIC approves Centerbank-First Union merger
WATERBURY, Conn.--BUSINESS WIRE--Oct. 31, 1996-- The Federal Deposit Insurance Corp. FDIC has approved the merger of Centerbank, the banking subsidiary of Center Financial Corp. (NASDAQ:CFCX), and First Union Bank of Connecticut, a banking subsidiary of First Union Corp. (NYSE/FTU). Under the terms of the...
Tags: Banking, Business Wire, FDIC, FINANCE, First Union, Investment, merger
Research articles 1996-10-31
First Union Investors Eye Florida CEO as First Fidelity Merger Proceeds.(Originated from The Florida Times-Union, Jacksonville)
Apr. 1--Byron Hodnett is chief executive officer of Jacksonville's First Union National Bank of Florida, the second-largest bank in the state. It's also the bank that provides its massive corporate parent, First Union Co. of Charlotte, N.C., with about a third of its income. That...
Tags: bank, Fidelity Investments, First Union, merger
Research articles 1996-04-01
Federal Reserve Board Approves Merger Of First Union, First Fidelity
--BUSINESS WIRE--Oct. 26, 1995--The Federal Reserve Board today approved the merger of First Union Corporation (NYSE: FTU) of Charlotte, N.C., and First Fidelity Bancorporation (NYSE: FFB) of Newark and Philadelphia.The combined company--which will operate under the First Union name--will be the nation's sixth largest banking company based on estimated assets...
Tags: Federal Reserve Board, Fidelity Investments, FINANCE, First Union, Investment, merger, NYSE Euronext
Research articles 1995-10-26
First Union Overstated Role of Philadelphia after Merger, Chairman Says.(Originated from The Philadelphia Inquirer)
CHARLOTTE, N.C.--Dec. 10--First Union chairman Edward Crutchfield Jr. Tuesday said his company had overstated the role Philadelphia and its suburbs would play in his company after it takes over CoreStates Financial Corp. CHARLOTTE, N.C.--Dec. 10--First Union chairman Edward Crutchfield Jr....
Tags: company, First Union, merger
Research articles 1997-12-10
WACHOVIA-FIRST UNION: Investment staffs will be merged; Most workers need to reapply for their jobs in this `merger of equals,' but some believe First Union will dominate new entity.(First Union Corp.'s merger with Wachovia Corp.)(Brief Article)(Statistic
CHARLOTTE, N.C. - While First Union Corp. vows not to repeat past integration mistakes in its merger with Wachovia Corp., at least some top-level executives in Wachovia's asset management business are concerned about whether there will be a place for CHARLOTTE, N.C. - While First Union...
Tags: asset, asset management, First Union, job, merger, Wachovia Corp., worker
Research articles 2001-08-20
First Union under pressure to show Wachovia merger success.(Brief Article)
First Union is already talking up its merger with Wachovia, which will put it fourth place in the top banking league of the US First Union is already talking up its merger with Wachovia, which will put it fourth place in the top banking league...
Tags: banking, First Union, merger, Wachovia Corp.
Research articles 2001-09-01
First Union to Close 79 New Jersey Branches in CoreStates Merger.
Knight Ridder/Tribune Business News Knight Ridder/Tribune Business News
Tags: First Union, merger
Research articles 1998-05-21
Clarification.
JACKSONVILLE -- Wachovia Corp. plans to close 37 of its more than 700 branches in Florida as a result of its merger with First Union. The bank says job losses related to the merger will be minimal; front-line employees in good standing ... JACKSONVILLE -- Wachovia...
Tags: bank, First Union, merger, Wachovia Corp.
Research articles 2002-03-01
First Union Announces New York Court Hearing Concluded On Preferred Holder Allegations Regarding Proposed Merger; Court Orders Briefing Prior to Decision
Business Editors
Tags: First Union, merger
Research articles 2002-12-03
Mergers put spotlight on supplier capability.
As corporate buyers well know, winnowing down the supply base so that requisitioners order office supplies through one distributor helps to reduce purchasing costs. What may not be readily apparent is that a single supplier also can help ease the t As corporate buyers...
Tags: First Union, merger, office supply, Staples Inc., supplier
Research articles 1998-11-05
First Union Real Estate Equity and Mortgage Investments Adjourns Meeting Without Vote on Proposed Merger
Business Editors
Tags: equity, First Union, merger
Research articles 2002-11-25
advertisement