Entries tagged "commercial banking"
Speaking at the Securities Industry and Financial Markets Association's Summit on the Troubled Asset Relief Program Monday morning, Gerard Cassidy, managing director of Bank Equity Research at RBC Capital Markets, talked about the ways TARP will affect M&A in the banking industry. ...
Last Friday Ken Klee over at Corporate Dealmaker blogged about a series of deals involving companies buying or selling retail channels, citing the decision by Exxon Mobil Corp. to exit the gas station business. The subject recalls Wall Street's uneasy relationship with a retail marketplace -- a phenomenon that may be going through yet another shift as the cycle painfully turns. ...