Canada bank, Banknorth talk $2B deal
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Canada&#39;s Toronto Dominion Bank said Wednesday it is in talks with US-based Banknorth Group about a possible deal, while a published report said the two parties are in advanced negotiations that could lead to a $2.
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Ferris, Baker Watts, a Washington investment bank whose roots date back more than a century, will be acquired by Royal Bank of Canada, giving Canada's biggest bank a foothold in the mid-Atlantic.
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Toronto-Dominion Bank TD.TO made a  much-anticipated push into U.S. retail banking on Thursday,  announcing it would acquire a majority stake in Banknorth Group  Inc. BNK.N for $3.8 billion.
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The Bank of Canada boosted its overnight rate by a quarter-point to 2.5 percent, and suggested more hikes are coming in the near future.
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Canada&#39;s TD Bank Financial Group says it&#39;s discussing a &quot;possible transaction&quot; with Portland, Maine-based Banknorth Group.
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Credit Suisse Group, Switzerland&#39;s second-largest bank, said Tuesday it will combine its US-based Credit Suisse First Boston investment unit with its retail and private banking business within two years.
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Toronto Dominion Bank (TD.TO: Quote, Profile, Research) , Canada&#39;s second-biggest by assets, said on Thursday it would acquire a majority stake of US-based Banknorth Group Inc.
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Toronto-Dominion Bank said Thursday it will buy a majority stake in Maine&#39;s Banknorth Group Ltd. for $5-billion in cash and stock, marking the bank&#39;s first move into US branch banking.
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HALIFAX (CP) - A revised offshore deal between Ottawa and Nova Scotia could add as much as &#36;1 billion to the provincial treasury over the next 16 years.
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BCE Inc , Canada's largest telecommunications group, announced the biggest buyout in Canadian corporate history on Saturday, accepting an offer worth C$51.7 billion ($48.5 billion), including debt, from a group including the Ontario Teachers Pension Plan.
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Banknorth Group of Maine confirmed yesterday that it was in merger talks with TD Bank Financial Group of Canada, a move that would end Banknorth&#39;s short reign as New England&#39;s largest independent bank.
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A Canadian banking group has reached an agreement to acquire a controlling interest in the parent of Evergreen Bank of Glens Falls.
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Bank of America Corp, the  second-largest U.S. bank, is in advanced talks to buy  Countrywide Financial Corp, the largest U.S. mortgage lender, a  person familiar with the matter said on Thursday.
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Bank of Montreal, Canada&#39;s fifth largest bank, said Wednesday it plans to buy privately held Mercantile Bancorp Inc., as well as the stock of Lake Commercial Corp.
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Bank of America said to be in talks to buy beleaguered lender Countrywide Financial.
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BCE Inc. , Canada's largest telecommunications group and the possible target of three international buyout bid groups, said on Wednesday it was in talks to explore the possibility of combining with rival Telus Corp.
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Banknorth Group Inc. solicited bids from several other large banks before deciding that a Canadian bank could acquire a majority stake in the company, chief executive William J. Ryan told analysts yesterday.