4 hrs ago
Hudson City posts lower earnings, but beats expectations
Hudson City Bancorp Inc., the largest bank based in New Jersey, reported lower first-quarter earnings amid deliberate declines in lending and deposit gathering as it works on resolving problem loans and waits to be acquired by M&T Bank Corp. The Paramus-based holding company for Hudson City Savings Bank reported net income of $39.2 million, or 8 ... (more)
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Hudson City Shareholders Should Prepare for the Worst on Wednesday
Let's take a moment today to review the bank in anticipation of those numbers. Hudson City is in a unique situation, one that hangs over any investment decisions in this company.
Almost two years later, M&T-Hudson City bank deal hangs in balance
M&T Bank Corp.'s plan to buy Hudson City Bancorp has become the banking industry's largest and longest-pending acquisition.
M&T's compliance tab to reach $150M this year
M&T Bank may spend more than $150 million this year to fix money-laundering issues that have now twice stalled the Buffalo bank's plans to buy Hudson City Bancorp Inc. Rene Jones , M&T vice chairman and chief financial officer, told investors and analysts during Thursday's second-quarter earnings call that 571 employees now devote most of their ... (more)
Beam Suntory Inc. (BEAM). Hudson City Bancorp, Inc. (HCBK): Jane...
Harvard Management Company Chief Executive Officer, Jane Mendillo , shared her investment philosophy on CNBC , during an interactive program which was held on the sidelines of institutional investor meet earlier this week.
Housing groups urge regulators to block Valley purchase of Florida bank
State and national housing groups have asked a federal regulator to block Wayne-based Valley National Bancorp's pending acquisition of 1st United Bancorp Inc. in Florida, saying the New Jersey lender needs to improve a poor record of lending to minorities and in lower-income neighborhoods in its home state.
EP Energy Larger Than S&P 500 Component Hudson City Bancorp
Market capitalization is an important data point for investors to keep an eye on, for various reasons.
Bank mergers on the rise in NJ
The economy may still be stuck in low gear, but the merger-and-acquisition market has accelerated in the first half of this year with a string of high-profile announcements, including large deals made by Facebook, Comcast and AT&T.
Four Lessons from JPM's Handling of Dimon Health Matter
HEALTH CHALLENGES: Jamie Dimon will continue to run JPMorgan while he is treated for throat cancer; Irene Dorner of HSBC battled ovarian cancer about the time she received a key promotion; and Ron Hermance agreed to sell Hudson City Bancorp the same month he returned from medical leave.