Banknorth deal good for consumers, analyst says
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Canadian control of Banknorth Group Inc. is likely to be good for consumers on this side of the border, an analyst said yesterday after confirmation that TD Bank Financial Group is to become majority shareholder in Banknorth Group Inc.
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Bank of America's decision makes it easier for legal immigrants to build credit. But critics say it helps illegal migrants.
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Northern Rock&#39;s full-year profit will at least meet analysts&#39; expectations as the mortgage bank continues to pile on business despite the slowing housing market.
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Banc of America Securities said Research In Motion (nasdaq: RIMM - news - people ) has &quot;limited upside to consensus sales expectations,&quot; which supports the research firm&#39;s &quot;neutral&quot; rating on the stock.
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This deal is not cheap, but it provides some critical assets.
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Toronto Dominion Bank (TD.TO: Quote, Profile, Research) said on Wednesday that it is in talks with US-based Banknorth Group (BNK.N: Quote, Profile, Research) about a possible deal, in line with the Canadian bank&#39;s push for
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Bank of America Corp said on Friday it would buy battered mortgage lender Countrywide Financial Corp for $4 billion, a move that could avert one of the biggest collapses in the U.S. housing crisis.
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Citizens Financial Group's well-known ads showing bankers opening branches early or carrying groceries, and other acts of friendliness, have attracted new customers. But Citizens now must win business from tough competitor Bank of America Corp. after its merger with FleetBoston Financial Corp. Citizens' director of marketing, Theresa McLaughlin, spoke with Globe reporter Sasha Talcott.
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Recent consumer spending suggests that the economy may not be slowing as suddenly as some economists had thought.
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Is this deal picture-perfect for investors?
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Bank of America Corp. BAC.N, the No.  3 U.S. bank, on Tuesday said fourth-quarter profit rose 41  percent, helped by growth in consumer banking fees and its  purchase of FleetBoston Financial Corp.
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The differing financial styles of Bank of America and MBNA come together, and, mostly, it works.
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Bank of America Corp  said on Friday it would buy battered mortgage lender Countrywide Financial Corp  for $4 billion, a move that could avert one of the biggest collapses in the U.S. housing crisis.
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UK banks have welcomed the Chancellor's plans to protect people's savings, in the light of Northern Rock.
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Thousands of new customers across the Northeast are flocking to Bank of America Corp., chief executive Kenneth D. Lewis said yesterday, despite a wave of bad
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Investors found renewed confidence in a report that Bank of America is close to buying the struggling mortgage lender Countrywide Financial.
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TORONTO (CP) - TD Bank confirmed Thursday it will buy mid-sized New England retail bank Banknorth for $3.8 billion US in a cash-and-shares deal.