All Posts Tagged With: "US Bankcorp"
SunTrust Banks Inc. (NYSE: STI) and Regions Financial Corp. (NYSE: RF) Remain Likely Targets of M & A Activity
In June of 2009, CreditSights issued a report that listed SunTrust (STI) and Regions Bank (RF) as the top two franchises in terms of merger attractiveness once banks exited the U.S. government’s Troubled Asset Resolution Program (TARP). “In general, we view the more ‘critical mass’ regional bank franchises such as SunTrust, Regions, and Fifth Third [...]
Although Citigroup (NYSE: C) should have been allowed to fail, since that wasn’t allowed to happen, it is at least instructive to follow what they’re doing in attempts to survive and strengthen itself. When measured by assets, Citigroup is the third-largest bank in the U.S., and after receiving $45 billion in taxpayers’ money from the [...]