Bank of New York to buy Mellon Financial
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Bank of New York Co. Inc.  on Monday announced plans to buy Mellon Financial Corp.  for about $16.5 billion, creating a powerhouse in securities servicing and asset management.
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ZURICH/NEW YORK  - Swiss banking group UBS, the  world's largest wealth manager, said on Monday it had  strengthened its position in the United States by buying local  rival Julius Baer's U.S. wealth-management business.
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New York-based parent company Citigroup announced Tuesday that it is buying Bryan-based First American Bank, which has 102 full-service branches throughout Texas.
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Australian property group Investa agrees to be bought by US investment giant Morgan Stanley for $3.9bn.
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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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Swiss-based banking giant UBS AG has agreed to buy Charles Schwab Corp.'s capital markets unit for &#36;265 million in cash, the companies said on Tuesday.
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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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Citigroup Inc., which long has sought to expand its retail banking operations to Texas, said Tuesday that it is acquiring the First American Bank of Bryan, Texas.
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New York activist hedge fund Atticus Capital LP has acquired shares of British bank Barclays Plc  and is pushing the bank to drop its 63 billion-euro ($84.6 billion) bid for Dutch bank ABN AMRO , the Financial Times reported on Monday.
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Morgan Stanley  said on Monday it has acquired China's Nan Tung Bank, a deal that would give the U.S. investment bank a coveted onshore commercial banking license in China ahead of its international rivals.
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Citigroup Inc. (CN: Quote, Profile, Research) the world&#39;s largest financial services company, said on Tuesday it will acquire First American Bank in the quickly-growing Texas market.
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The Bank of New York's buyout will create the world's largest securities servicing and asset management firm.
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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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Citigroup will buy Taiwan's Bank of Overseas Chinese (BOOC) "very soon", an executive of the Taiwan lender said on Thursday, in a deal media said would be worth US$425 million.
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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.
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Swiss banking group UBS, the world's largest wealth manager, said on Monday it had strengthened its position in the United States by buying local rival Julius Baer's U.S. wealth-management business.
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Bank of America Corp., the second-biggest US bank, said it will retain the U.S. Trust name for its private wealth-management business when it buys the business from Charles Schwab Corp. in July.