Friday, January 12, 2007

Morningstar Speculates on RBC Centura & BB&T Combination

Financial Post, Duncan Mavin, 12 January 2007The tenth-biggest bank in the United States could be an acquisition target for the biggest bank in Canada, according to a note from Morningstar analyst Michael Kon.Branch Banking and Trust Co. is looking for a merger partner and Royal Bank of Canada's U.S. subsidiary, RBC Centura, fits the bill, Mr. Kon said.BB&T has 1,400 branches in 11 states. But

0 comments:

Post a Comment

 
Copyright 2010 Insurance Information. All rights reserved.
Themes by Ex Templates Blogger Templates l Home Recordings l Studio Rekaman