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- Riggs Files 10-K Extension
- WASHINGTON -- Riggs National Corporation (NASDAQ:RIGS) today reported that it has filed a notification with the Securities and Exchange Commission to extend the filing deadline for its 2004 Annual Report on Form 10-K as a result of the additional work necessary to complete its audited financial statements as a result...
- Research articles 2005-03-16
- PNC and Riggs Negotiate Revised Merger Agreement
- PITTSBURGH & WASHINGTON -- First graph, second sentence of release should read: Under the terms of the amended agreement, PNC will acquire Riggs for $20.00 per common share, or approximately $652 million (sted Under the terms of the amended agreement, PNC will acquire Riggs for $20.00 per common share, or...
- Research articles 2005-02-10
- Fitch Affirms PNC; Places Riggs on Rating Watch Positive
- CHICAGO -- Fitch Ratings affirms all ratings of PNC Financial Services Group, Inc. PNC and its affiliates. At the same time, Fitch has removed ratings of Riggs National Corporation Riggs and its affiliates from Rating Watch Negative and has placed them on Rating Watch Positive. These actions follow PNC's announcement...
- Research articles 2004-07-16
- Riggs Announces Agreements with Regulators
- Business Editors WASHINGTON--BUSINESS WIRE--May 13, 2004 Riggs National Corporation (NASDAQ:RIGS) today announced that its subsidiary, Riggs Bank N.A., has entered into agreements with regulators concerning previously disclosed regulatory compliance matters. Riggs Bank N.A. has agreed separately with the Office of the Comptroller of the Currency OCC and...
- Research articles 2004-05-13
- Riggs Discusses the Effect Of FASB Deferring Implemention of Statement No. 150
- Business Editors WASHINGTON--BUSINESS WIRE--Nov. 18, 2003 On November 7, 2003, the Financial Accounting Standards Board FASB issued Staff Position No. 150-3, which deferred the implementation of Statement of Financial Accounting Standard No. 150 ("Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity"). Accordingly, financial statement...
- Research articles 2003-11-18
- Riggs National Corp. Redeems Preferred Shares
- WASHINGTON--BUSINESS WIRE--Oct. 1, 1998--Riggs National Corp. (NASDAQ:RIGS), the largest bank holding company headquartered in the nation's capital announced today that it has redeemed, at $27.25 per share, all of its $100 million of 10.75% Noncumulative Perpetual Series B Preferred Stock. Today...
- Research articles 1998-10-01
- Riggs National Corp. Appoints Richwine
- WASHINGTON--BUSINESS WIRE--Oct. 14, 1998--Riggs National Corp. (NASDAQ:RIGS) has announced the appointment of G. Michael Richwine as executive director and manager of the Personal Trust Department of Riggs & Co., where he is responsible for managing all trust activities, including the development of new trust business and ...
- Research articles 1998-10-14
Additional Resources
- Pittsburgh-based PNC Financial to buy Riggs National Corp.
- Pittsburgh-based PNC Financial Services Group Inc., Pennsylvania's biggest bank, agreed to buy Riggs National Corp. for $779 million, entering the Washington, D.C. market by purchasing a bank weakened by a money-laundering scandal. Washington-based Riggs has 50 branches in the D.C. metropolitan area. PNC said it plans to open 30 branches...
- Research articles 2004-07-19
- Riggs National Corp.'s Riverdale facility plans to cut more than 400
- Pittsburgh-based PNC Financial Services Group Inc. plans to lay off almost half of Riggs National Corp.'s employees as it completes the purchase of the troubled Washington bank, according to state labor regulators.
- Research articles 2005-04-06
- New bids for Riggs National Corp. may fall short of PNC Financial's
- Analysts say area banks might bid to buy Riggs National Corp. after a proposed merger between the troubled Washington bank and the PNC Financial Services Group Inc. dissolved yesterday.
- Research articles 2005-02-08
- Riggs National sale imminent
- Riggs National Corp., of Washington, D.C., which was fined $25 million in May for failing to comply with money-laundering laws, could be sold as soon as this week or next, the Deal.com reported, citing unnamed sources. Final bids have been submitted, the Web site said. Baltimore-based Mercantile Bankshares, Cleveland-based Key...
- Research articles 2004-07-15
- KILL BW1421, DC-RIGGS-2RIGS and KILL BW1514, CQN-RIGGS-2
- Please KILL BW1421, (DC-RIGGS-2)RIGS Riggs National Corp. Elects Allbritton Vice Chairman, which ran on Business Wire at 1:16 PM ET on 04/14/1999. Also KILL the CORRECTION, BW1514, (CQN-RIGGS-2)RIGS Riggs National Corporation corrects release issued Wednesday April 14 , which ran on Business Wire at 3:18 PM ET on...
- Research articles 1999-04-14
- Riggs Wins U.S. Department of Treasury Competition to Redesign Deposit Reporting System
- WASHINGTON--BUSINESS WIRE--Feb. 4, 1999--Riggs National Corp. (NASDAQ:RIGS) today announced Riggs Bank N.A. has been selected to redesign and manage the U.S. Treasury's CA$H-LINK cash management system, the largest deposit and cash reporting system in the world. It services 2,300 Federal agencies through linkages with 3,000 banks worldwide. The...
- Research articles 1999-02-04
- The Markets.
- FINANCIAL WINNERS SERVICES ...
- Research articles 2001-03-05
- Riggs Announces Board Appointments
- WASHINGTON--BUSINESS WIRE--April 14, 1999-- Riggs National Corporation announced today several appointments to its boards. William L. Walton has been appointed to the Riggs National Corporation Board of Directors. Walton is currently chairman and chief executive officer of Allied Capital Corp. the nation's largest publicly traded business development company....
- Research articles 1999-04-14
- [0] Fitch Lowers Riggs Bank Ratings; Affirms Riggs National Corp; Rating Outlook Stable
- Business Editors
- Research articles 2002-01-16
- FINANCIAL SERVICES.
- FINANCIAL SERVICES week ending 4/7 % change WINNERS 1. Neuberger Berman Inc. ...
- Research articles 2000-04-10
- Riggs National Corp. Elects Allbritton Vice Chairman
- WASHINGTON--BUSIENSS WIRE--April 14, 1999--
- Research articles 1999-04-14
- KILL: Washington-based Riggs National Corp. puts chief risk officer on leave.
- By Charlie Gibson, Daily Mail, London Knight Ridder/Tribune Business News By Charlie Gibson, Daily Mail, London Knight Ridder/Tribune Business News
- Research articles 2004-08-10
- Hits and Has-Beens
- PNC Financial Services Group named Michael N. Harreld, a 36-year veteran of the company and now regional president of its Kentucky banking operations, as regional president of its metropolitan Washington, D.C., franchise. Harreld will assume the role upon the May 13 completion of the bank's merger with Riggs National Corp....
- Research articles 2005-05-01
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