Financial Services Industry
Industry: Email Alert RSS FeedFresh Ink
US Banker, February, 2003
1. The Bank of New York wasted no time in a New Year to bolster its Securities Group. The $80 billion-asset bank signed an agreement in early January with CSFB to buy Pershing, a clearing services arm, for at least $2 billion in cash in a deal that should close during the second quarter.
2. Seacoast Financial, the New Bedford, MA-based holding company for CompassBank and Nantucket Bank, has agreed to buy Bay State Bancorp for $140 million in cash and stock. The hook for Seacoast is greater access to the Boston Metro area
3. MAF Bancorp has inked a deal to buy Fidelity Bancorp, its Windy City neighbor, for $101.4 million in an all-stock transaction. It expands the firm's main subsidiary, Mid America Bank, in Chicago by adding five branches and $450 million in...
- How to choose the right insurance carrier for your business
- Real Estate: Prepare your properties to weather what lies ahead
- Technology: Be prepared if part of your global supply chain goes missing
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
