CBA to purchase local lender&#39;s share
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Commonwealth Bank of Australia (CBA) said yesterday it was in talks with the Jinan City Commercial Bank (JNCCB) about buying a stake in the regional lender.
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MADRID, Spain - BBVA, Spain&#39;s second-largest bank, said Tuesday it has agreed to buy Texas-based Laredo National Bancshares for $850 million in cash as part of a strategy to gain a greater share of the US Hispanic market.
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Bank of America Corp is in advanced talks to buy struggling Countrywide Financial Corp, the largest U.S. mortgage lender, several people familiar with the matter said on Thursday.
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Bank of America agrees to acquire struggling mortgage firm Countrywide Financial, which has been hit by the credit crisis.
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Shares in US mortgage giant Countrywide soar on reports that it is in talks to be acquired by Bank of America.
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Morgan Stanley has agreed to buy a real estate investor, the Investa Property Group of Australia, for 4.7 billion Australian dollars ($3.9 billion) in cash. Including debt, the offer values Australiaâs biggest publicly traded owner of office buildings at 6.6 billion Australian dollars. The bid is subject to an independent expertâs report confirming that the offer is in the best interests of shareholders.
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TOKYO (CBS.MW) - General Electric Co. said Wednesday it will buy Australian Financial Investments Group, a holding company for home loan lenders, to boost its mortgage business in that country.
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Bank of America Corp  is in  advanced talks to buy struggling Countrywide Financial Corp  , the largest U.S. mortgage lender, several people  familiar with the matter said on Thursday.
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Stronger financial institutions are purchasing weaker ones. Case in point: Bank of America has announced it will purchase Countrywide Financial.
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MELBOURNE (Dow Jones)--Commonwealth Bank of Australia (CBA.AU) may acquire up to 20% of mid-sized Chinese bank Jinan City Commercial Bank to secure a foothold in China&#39;s growing finance services sector.
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Friedman, Billings, Ramsey Group Inc. of Arlington agreed yesterday to buy a Florida mortgage lender in an effort to improve the profit on its large portfolio of mortgage assets.
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Beacon Capital Partners LLC, which had sold most of its Boston-area real estate, is jumping back in as a buyer despite record high prices for commercial properties, agreeing to acquire half of One Financial Center for a reported $390 million.
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Toronto-Dominion Bank of Toronto said Thursday it agreed to acquire a 51 percent stake in New England regional bank Banknorth Group Inc.
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BBVA  took a fresh step toward its long-held ambition to grow in the United States on Friday when it said it had agreed to buy U.S. bank Compass Bancshares Inc  for $9.6 billion.
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Spain's BBVA has agreed to buy U.S. bank Compass Bancshares Inc. for $9.6 billion in cash and shares, realizing a long-held goal to gain a solid footing in the United States.
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Spain's BBVA has reached an agreement to acquire privately held Texan bank Laredo National Bancshares (LNB) for $850 million as part of the Spanish financial group's expansion into the United States, BBVA said ...
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Montgomery, Ala.-based Colonial BancGroup (NYSE: CNB) said it has agreed to buy Sunrise-based Union Bank of Florida for a total of about $233 million.