All Posts Tagged With: "SBNY"
(WFC) Wells Fargo Warrants Sold by U.S. Treasury $$
The Treasury announced on Friday that it will earn $840 million from the sale of warrants that it obtained as part of its investment in Wells Fargo & Co. (WFC) through the Troubled Asset Relief Program (TARP) during the height of the financial crisis. In October 2008, Wells...
24May2010 | vitalstocks | 0 comments | Continued(CMA) Comerica Warrants to be Sold by the U.S. Treasury
Yesterday, the U.S. Treasury announced that it will auction warrants of Comerica Inc. (CMA) this week. The Treasury will auction 11.48 million warrants of Comerica on Thursday. The minimum bid price is set at $15 per warrant. This move will completely free Comerica from government...
5May2010 | vitalstocks | 0 comments | Continued(TCBI) Texas Capital Bancshares Warrents Sold by U.S. Treasury for $6.6 Million
The Treasury announced on Friday that it has received net proceeds of $6.6 million from the sale of warrants it had obtained as part of its investment in Texas Capital Bancshares Inc. (TCBI) through the Troubled Asset Relief Program (TARP) during the height of the financial crisis....
16Mar2010 | vitalstocks | 0 comments | Continued($BAC) Bank of America Eyes Expansion in China
According to a Wall Street Journal report, Bank of America Corporation (BAC) is looking to expand its operations in China. Currently, the bank has some investment banking and lending operations in the country. BofA also owns a minority stake in China Construction Bank. According...
16Mar2010 | vitalstocks | 0 comments | Continued(WFSL) U.S. Treasury Sells Washington Federal Warrants
The Treasury announced Wednesday that it has received net proceeds of $15.4 million from the sale of warrants it obtained as part of its investment in Washington Federal Inc. (WFSL) through the Troubled Asset Relief Program (TARP) during the height of the financial crisis. In...
12Mar2010 | vitalstocks | 0 comments | Continued(SBNY) U.S. Treasury Sells Warrants of Signature Bank
The Treasury announced Thursday that it has received net proceeds of $11.2 million from the sale of warrants it obtained as part of its investment in New York-based Signature Bank (SBNY) through the Troubled Asset Relief Program (TARP) during the height of the financial crisis....
12Mar2010 | vitalstocks | 0 comments | Continued(BAC) Bank of America Complies With Federal Reserve Ruling – Ends Debit Card Overdrafts
To play by the rules set by the Federal Reserve that will prohibit banks from charging overdraft fees effective July 1, 2010, Bank of America Corporation (BAC) said on Tuesday that it will eliminate such fees on debit card purchases starting June 19, 2010. This move will restrict...
10Mar2010 | vitalstocks | 0 comments | Continued(BAC) U.S. Treasury Gets $1.5B from Bank of America Warrants
The Treasury has received net proceeds of $1.5 billion from the sale of warrants that entitled it to purchase common stock of Bank of America Corp. (BAC). The Treasury received these warrants as part of its investment in BofA through the Troubled Asset Relief Program (TARP) during...
5Mar2010 | vitalstocks | 0 comments | Continued(BAC) U.S. Treasury Sells Warrants of Four Banks
The U.S. Treasury Department is planning to auction off its warrant positions in four banks, which it received as part of its investments in banks through the $700 billion Troubled Asset Relief Program (TARP) during the height of the financial crisis. The government is taking...
23Feb2010 | vitalstocks | 0 comments | Continued