Stories Tagged as
Mergers and acquisitions
Acquired banks are allowed bad reports
Oct 17, 2008
If banks under merger deals come out with poor earnings reports, could the deals fall apart? Rachel Dornhelm reports an acquiring bank might not see a large write-down at a troubled partner as an entirely bad thing.
Takeovers hot in bad economy
Oct 16, 2008
With a global recession on the horizon, the prices are right for companies to seek shelter in other companies. John Dimsdale reports why some consolidation can be expected in every down economy.
Why Wells Fargo is a better idea
Oct 6, 2008
Wells Fargo's Wachovia bid may have blown Citibank out of the water, but a binding agreement may result in a compromise. Stacey Vanek-Smith talks to economist Chris Low about why a Wells Fargo takeover would be more favorable.
Don Emmert and Justin Sullivan / Getty Images
Wachovia deal may reach compromise
Oct 6, 2008
There are reports that both Citigroup and Wells Fargo may be able to reach a compromise on the takeover of Wachovia, splitting the branches between the two banks. Jeremy Hobson reports why the Fed is pushing for the deal.
Wells Fargo bids for Wachovia
Oct 3, 2008
Wells Fargo would get Wachovia for $15 billion, knocking Citigroup and the FDIC out of the picture. Renita Jablonski talks to Chris Whalen of Institutional Risk Analytics about why the banks may be a good fit.
In banking, is bigger always better?
Sep 30, 2008
Wachovia, WaMu and Merrill Lynch have all been bought up by other banks, meaning there's now a lot more money in a lot fewer hands. Marketplace's Jeremy Hobson reports.
Lloyds to buy mortgage lender HBOS
Sep 18, 2008
Lloyds TSB has announced that it will pay $22.2 billion for troubled lender HBOS, a deal that makes Lloyds the UK's largest bank. British authorities apparently approve. Megan Williams reports.
For public good, not for profit.
A closer look at the AIG bailout
Sep 17, 2008
The government is lending insurance giant AIG $85 billion in exchange for an 80 percent stake in the company. Is this a good deal for the government? Stacey Vanek-Smith talks to economist Mark Zandi.
Barclays buys prime Lehman assets
Sep 17, 2008
The $1.7 billion deal also saves about 10,000 jobs. Those workers are relieved, but Lehman didn't get the price it wanted. Megan Williams talks to a financial analyst about how this affects the global market.
Barclays looking at Lehman assets
Sep 16, 2008
British bank Barclays passed on buying Lehman Brothers, but now that Lehman has filed for bankruptcy protection, Barclays might jump back in and try to grab some of Lehman's assets. Megan Williams reports.