(AJC) — As the shakeout continues in Georgia’s banking industry, some bank names will soon change by choice and not because of a failure. Experts say Georgia banks are starting to look at buying other living banks instead of ones taken over by the Federal Deposit Insurance Corp. It will likely be a slow process, […]
Regardless, they still continue to represent.
(Forbes) — The wedding stories in the banking sector haven’t been typical over the past few years, with an inordinate number of the shotgun and arranged variety, as firms either on the brink of failing or already belly up were acquired by their more surefooted rivals. Even though the FDIC has tallied another 85 bank […]
(Crain’s) — As home of the world’s largest airline, Chicago would be a huge winner in the proposed merger of United Airlines and Continental Airlines. Keeping the headquarters of the new carrier in downtown Chicago would minimize any reduction in the state’s 13,600 United and Continental employees. Read More…
(Chicago Sun Times) — United and Continental Airlines said on Monday they’re forming the world’s largest airline in a deal worth about $3 billion. The airline will be run by current Continental CEO Jeffery Smisek. United CEO Glenn Tilton, a longtime advocate of consolidation in the airline industry, will be chairman for up to two […]