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First Union chief leads merged bank

...area managing director for wealth management, putting him in charge of an additional $1 billion in assets held by the merged bank's private banking, trust and estate planning departments throughout the Augusta-Aiken area. He said he was excited...

http://chronicle.augusta.com/stories/2001/12/07/bus_324427.shtml
Business
Citizens Financial Group to buy Charter One Financial

...One Financial Inc. through its Citizens Financial Group Inc. subsidiary. Under the deal, announced Tuesday, the merged bank would become one of the country's 10 largest. Citizens will grow to $128.8 billion in assets, more than 24...

http://chronicle.augusta.com/stories/2004/05/06/bus_414650.shtml
Business
J.P. Morgan Chase, Bank One announce planned board

...who will be chairman and chief executive officer of the merged bank, as well as seven others. The eight directors from...will be president and chief operating officer of the merged bank, along with seven others. The merger, which is still...

http://chronicle.augusta.com/stories/2004/05/04/bus_414429.shtml
Business
House plan repeals banks' tax breaks

...avoid billions of dollars in taxes by offsetting their profits with the losses of the banks they acquire. Before, the merged bank could write off only a limited amount of the losses. Removing much of the restrictions enabled the acquiring banks...

http://chronicle.augusta.com/stories/2009/01/17/bus_507948.shtml
Business
First Union signs off

...after Augusta Wachovia branches close at 2 p.m. Feb. 20. When they reopen the next morning, they will be among the merged bank's 230 branches in Georgia. Three of the bank's offices - Wachovia branches at 3440 Wrightsboro Road and 1268 Broad...

http://chronicle.augusta.com/stories/2003/02/12/bus_375379.shtml
Business
Wells Fargo, Norwest to merge

...Minneapolis-based Norwest, said in a conference call with reporters. He will become president and chief executive of the merged bank, which will be based in San Francisco, the home of Wells Fargo. The proposed deal would be the seventh largest overall...

http://chronicle.augusta.com/stories/1998/06/09/bus_230471.shtml
Business
Banks to reap big tax breaks

...acquires to offset its own revenues for tax purposes. That lowers the tax liability of the merged bank. Before the notice was issued, the merged bank could write off a limited amount of the losses. The notice removed those restrictions, enabling...

http://chronicle.augusta.com/stories/2008/11/11/bus_482972.shtml
Business
Bank of America's first-quarter earnings up 11 percent

...We are encouraged by the economic growth we see in the U.S." Lewis said he looks for good things with the newly merged bank. "As we look forward to a combined future with Fleet, we are encouraged by the momentum they exhibited in the first...

http://chronicle.augusta.com/stories/2004/04/15/fin_412218.shtml
Finance
Banking giants merge, with eye to growing even bigger

...bank. Bank One had been based in Columbus, Ohio, before moving its headquarters to Chicago in 1998. Dimon said the merged bank is making a "major commitment" to Chicago by keeping much of its business there. He also said that contrary to widespread...

http://chronicle.augusta.com/stories/2004/01/16/bus_401179.shtml
Business
Two Japanese banks tentatively agree to merge

...largest trust bank and Chuo the sixth-biggest. The banks said they expect current tie-ups with foreign partners -- such as the alliance between State Street Trust & Banking Co. and Mitsui Trust -- will contribute to the merged bank.

http://chronicle.augusta.com/stories/1999/01/20/bus_250704.shtml
Business