Without the Bank of America-Fleet announcement today, we'd be looking at a much more sluggish performance for bank stocks in the near term. There are still a number of questions about the economy.
Without the Bank of America-Fleet announcement today, we'd be looking at a much more sluggish performance for bank stocks in the near term. There are still a number of questions about the economy.
Given the absence of investment banking relationships, these analysts can be less delicate.
They said the odds of First Union doing a merger of equals in the next 24 months is 10 percent or less, ... and in the third year it is probably about 33 percent. They suggested there are only a limited number of players out there that would fit with them and many of them are currently engaged in digesting their own acquisitions.
© 2020 Inspirational Stories
© 2020 Inspirational Stories