Entries tagged "US Bancorp"
The FDIC has given BankUnited, an undercapitalized Florida bank, an extra two weeks to find a buyer, as bidding likely came in below expectations.
Rochdale Securities analyst Richard Bove believes that Citigroup Inc.'s (NYSE:C) Vikram Pandit might be replaced by Jerry Grundhofer.
The credit crisis has strengthened the standing of Canada's banks as Royal Bank of Canada displaces Bank of America as North America's fourth-largest bank by market cap.
The markets fell Monday. The Dow was down 81.80 points at 8,952.89, the S&P 500 decreased 4.35 points to 927.45, and the Nasdaq was down 4.18 points at 1,628.03. Financial stocks were mostly down, with J.P. Morgan Chase & Co. and SunTrust Banks Inc. hurting the most. ...
Boring is beautiful in banking, and we should all be excited at the prospects of the world being populated soon by more boring bankers. There is a Darwinian process of natural selection taking place among banks now, and it is those financial fuddy-duddies in their pin-striped suits who are feasting on their once flashier peers....
