Your town. Your news. Your take.

Local News: Los Angeles, CA 

 | 

Sign Up

 | 

Sign In

 
Advertisment

May 12, 2008

Sovereign shareholders to boost investment

“It certainly brings much needed capital”

Sovereign Bancorp Inc., the nation's third-largest savings and loan, said Monday that its two biggest shareholders are planning to boost their investment in the company as it seeks to raise $1.5 billion to ... via York Dispatch

Read full story from York Dispatch

Leave a Comment

Comments

Type in your comments to post to the forum
Name
(appears on your post)
Comments
Type the numbers you see in the image on the right:

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Other Recent Banking Discussions
Topic Updated Last By Comments
People's Bank sells downtown properties 47 min know nothing 48
The Inevitable Collapse of China's Banks (from Jul '07) 1 hr Veritas 247
U.S. ignored warnings on financial meltdown 3 hr aahpat 76
Experts: Get close and personal with your banker 4 hr anonymous 2
Dow ends up nearly 400 after government's bailo... 4 hr HardToBelieve 52
Construction Worker Siffers Life-Threatening In... 4 hr Troy Bell 1
National Penn in line for bailout money 4 hr hadenough 9