Skip to comments.
Wachovia and National City holders approve takeovers
Reuters ^
| 2008-12-23
| Paritosh Bansal
Posted on 12/26/2008 8:42:33 PM PST by rabscuttle385
NEW YORK (Reuters) - Wachovia Corp's shareholders approved the bank's takeover by rival Wells Fargo & Co on Tuesday, bringing one of the largest mergers stemming from the financial crisis near to completion.
Separately, regional bank PNC Financial Services Group Inc said its planned takeover of National City Corp was approved by shareholders of both banks and is expected to close by December 31.
(Excerpt) Read more at uk.reuters.com ...
TOPICS: US: California; US: North Carolina; US: Ohio; US: Pennsylvania
KEYWORDS: bank; bankfailure; banking; banks; ca; economy; financialcrisis; nationalcity; nationalcitybank; nc; oh; pa; panicof2008; pnc; pncbank; recession; wachovia; wachoviabank; wellsfargo
To: PAR35; TigerLikesRooster; bamahead; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; ...
*Ping!*
2
posted on
12/26/2008 8:43:50 PM PST
by
rabscuttle385
("If this be treason, then make the most of it!" —Patrick Henry)
|
|
The Money, Banking, and Financial Markets Ping List. "Money, not morality, is the principle commerce of civilized nations."
—Thomas Jefferson FR Keywords: moneylist, bankinglist, financelist Please tag all relevant threads with the aforementioned keywords. This can be a very high-volume ping list at times. Ping list jointly pinged by rabscuttle385 and TigerLikesRooster. To join the ping list:
FReepmail rabscuttle385 with the subject line add moneylist.
(Stop getting pings by sending the subject line drop moneylist.) |
|
3
posted on
12/26/2008 8:44:04 PM PST
by
rabscuttle385
("If this be treason, then make the most of it!" —Patrick Henry)
To: rabscuttle385
Any notion how this takeover affects Wachovia Securities (the former A.G. Edwards)???
4
posted on
12/27/2008 5:07:12 AM PST
by
Wonder Warthog
( The Hog of Steel)
To: rabscuttle385
National City is running ads offering new customers $150 (Visa gift card) for opening a checking acct with direct deposit. Read it on www.maximizingmoney.com.
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson