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Tuesday, November 24, 
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Entries tagged "regional"

Bank Watch: Run-down regional and thrift banks

Regional banks stock slipped Monday as investors wondered what bank would be acquired next. News that Wachovia Corp. was acquired by Citigroup Inc., investors' lack of confidence in the banking system and the House's rejection of the $700 billion bailout plan drove stocks in the sector down. Among the big losers were National City Corp., whose stock dropped more than 50%, and Sovereign BankCorp. Inc., which fell over 60%. - Maria Woehr Troubled Banks Prices at 3:00 pm EDT Name Price at open Price at 3:00pm Change Mkt cap Anchor BanCorp Wisconsin 9.05 6.71 -0.37 161.11M BankAtlantic Bancorp, Inc 6.58...



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Inside The Deal: IBM's Elias Mendoza says the company will be hiring i-bankers for M&A.


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Crisis On Wall Street
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Industry Insight

Loan-to-buy

Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'


Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.



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