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Delanco Bancorp Inc Announces Adoption Of Plan Of Conversion And Reorganization

Wednesday, 29 May 2013 10:57am EDT

Delanco Bancorp Inc announced that Board of Directors of the Company has unanimously adopted a Plan of Conversion and Reorganization pursuant to which the Bank will reorganize from the two-tier mutual holding company structure to the stock holding company structure and will undertake a "second-step" stock offering of shares of common stock of a new state chartered corporation formed in connection with the conversion. The Bank converted from a mutual savings bank to the two-tier mutual holding company structure in 2002 and completed a minority stock offering in 2007.Delanco MHC (the MHC), which owns approximately 55% of the outstanding common stock of the Company, will be merged with and into the Company as part of the reorganization and its shares in the Company will be retired. The new holding company will offer and sell shares of common stock in an amount representing the percentage ownership interest currently held by the MHC, to be based on an appraisal of the Bank, as converted, which will be performed by an independent appraiser.

FNB United Corp's CommunityOne Bank Announces Receipt Of Regulatory Approval For Merger With Bank Of Granite

Tuesday, 21 May 2013 04:05pm EDT

FNB United Corp's CommunityOne Bank announced that it had received approval from the Office of the Comptroller of the Currency for the merger of its sister bank, Bank of Granite, into CommunityOne. The bank merger is scheduled to be consummated on June 8, 2013.

Kiyo Holdings Inc to Merge with Subsidiary; Announces Stock Delisting from TSE

Monday, 13 May 2013 01:30am EDT

Kiyo Holdings Inc announced that it has decided to merge with its wholly owned subsidiary The Kiyo Bank, Ltd., through a stock swap effective October 1, 2013. Ten shares of the Company will be exchanged for one share of The Kiyo Bank. As a result, the Company will be dissolved. Prior to the merge, the stock of the Company will be delisted from the Tokyo Stock Exchange (TSE), effective September 26, 2013.

China Development Financial Holding Corp Announces Merger between Subsidiaries

Friday, 10 May 2013 05:31am EDT

China Development Financial Holding Corp announced that its subsidiary KGI Securities Co., Ltd. will merge another subsidiary Grand Cathay Securities Corporation, effective June 22, 2013. As a result, KGI Securities Co., Ltd. will be the surviving company and Grand Cathay Securities Corporation will be dissolved.

Taichung Commercial Bank Co Ltd Announces Internal Reorganization

Tuesday, 30 Apr 2013 02:41am EDT

Taichung Commercial Bank Co Ltd announced that it will split its securities department to set up a comprehensive securities company on May 2, 2013.

Banco Popular Espanol SA Segregates Business In Galicia In Favour Of New Banco Pastor

Friday, 26 Apr 2013 04:13am EDT

Banco Popular Espanol SA (Banco Popular) announced that on April 25, 2013 its Board of Directors approved the project of segregation, as a final corporate step prior to commencement of operations of the new Banco Pastor. Thus, Banco Pastor, which is part of Grupo Banco Popular, will be constituted with the total assets of EUR 10,500 million and now has 236 branches scattered throughout Galicia, keeping the headquarters in A Coruna. With this structure, Banco Pastor will remain the only private bank in that autonomous region.

Banca Monte dei Paschi di Siena SpA Concludes Talks with Trade Unions Over Antonveneta Merger; Creates New Regional Area of Antonveneta

Tuesday, 23 Apr 2013 12:20pm EDT

Banca Monte dei Paschi di Siena SpA (BMPS) announced that it has concluded talks with trade unions over the procedures for transitioning Banca Antonveneta's employees into BMPS following the merger, effective as of April 29, 2013. The merger is part of the Group's reorganization process set out in the 2012 - 2015 Business Plan, as a way to combine objectives of efficiency recovery with the need for market coverage and support the Group's growth strategy. In this connection, the new regional area of Antonveneta has been created to include the branch network of the merged bank and branches of the current BMPS network present in the Triveneto area (comprising the regions of Veneto, Trentino-Alto Adige and Friuli Venezia Giulia).

Ehime Bank Ltd to Dissolve Subsidiary

Monday, 22 Apr 2013 02:30am EDT

Ehime Bank Ltd announced that it has decided to dissolve a wholly owned subsidiary, which is engaged in consulting business and merger & acquisition business, effective July 2013.

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Analyst Research

Report Title Price
FIRST INTERSTATE - COMPANY REPORT
Provider: Brown Brothers Harriman & Co.
$12.00
Buy
FIRST INTERSTATE - COMPANY REPORT
Provider: Brown Brothers Harriman & Co.
$12.00
Buy
FIRST INTERSTATE - COMPANY REPORT
Provider: Brown Brothers Harriman & Co.
$35.00
Buy
FIRST INTERSTATE - COMPANY REPORT
Provider: Brown Brothers Harriman & Co.
$35.00
Buy
BRD – H1, 2006 RESULTS, IN LINE WITH EXPECTATIONS
Provider: Swiss Capital
$92.00
Buy

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