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National City Corporation News

News on National City Corporation continually updated from thousands of sources around the net.

23 hrs ago | Business First of Columbus

Sale talk boosts National City stock

A news report that National City Corp. is in sales talks with several banks sent its stock price soaring more than 25 percent Thursday.

Comment?

Related Topix: Banking, Financial Services, Pnc Financial Services GroupThe, Bank of Nova Scotia The, Home, Mortgage

Sat Oct 11, 2008

Commercial Property News

Financial Market Update: After the Bell -Friday, Oct. 10

Investors usually pay lip service to long-term investing, but in times of crisis the reality is sell - everything - now! Panic was the order of the day on Wall Street, which saw the Dow Jones Industrial Average ...

Comment?

Related Topix: Financial Services, Banking

BusinessWeek

Movers: MetLife, IBM, National City, TJX Companies - BusinessWeek

The Wall Street Journal reports that MetLife recently approached life and property insurer Hartford Financial Services Group about a merger transaction, citing people familiar with the talks.

Comment?

Related Topix: Retail, TJX Companies, Banking, Insurance, Financial Services, MetLife, Hartford Financial Services Group, Pnc Financial Services GroupThe

Seattle Post-Intelligencer

Mortgage system crumbled while regulators jousted

Federal bank regulators fought over turf with state agencies while America's mortgage lending system grew increasingly unstable and then fell apart.

Comment?

Related Topix: Home, Mortgage, Banking, Financial Institutions, Financial Services, Marketing, Foreclosures

The Plain Dealer

Continue reading "A look at some potential buyers of Ohio banks"

Posted by Teresa Dixon Murray/The Plain Dealer October 10, 2008 18:55PM A handful of banks appear to be shopping, and one of them could end up buying National City Corp.

Comment?

Related Topix: Ohio, Banking, Financial Services, Wachovia Corporation, Home, Mortgage, US Travel, Travel, Pnc Financial Services GroupThe

Fri Oct 10, 2008

San Francisco Business Times

National City sale looks imminent

National City , the troubled Cleveland bank, appears headed for a sale ahead of the three-day weekend, always a popular time for sewing up major bank mergers.

Comment?

Related Topix: Banking, Financial Services, San Francisco, CA, Wells Fargo , Bank of America, Wachovia Corporation, San Francisco Metro

Journal Gazette

Citigroup to resume bank fight

Citigroup says it has ended negotiations with Wells Fargo in their fight to acquire Wachovia.

Comment?

Related Topix: Semiconductors, Micron Technology, Electronics, Boise, ID, Boating, Brunswick, Banking, Financial Services

Pittsburgh Business Times

Report: National City in talks with PNC, Canadian bank

According to a report in Thursday's Wall Street Journal , National City Corp. is in talks with two banks to discuss a possible sale.

Comment?

Related Topix: Pnc Financial Services GroupThe, Banking, Financial Services, Wells Fargo

Thu Oct 09, 2008

Hollywood Reporter

Financial Market Update-Thurs., Oct. 9

Rather than merely haul away toxic bank assets at unreasonably high prices, thereby rewarding bankers for their bad judgment, word is that Sec.

Comment?

Related Topix: Banking, Financial Services

BusinessWeek

S&P Picks and Pans: IBM, National City, AIG, Wachovia, Ameriprise - BusinessWeek

S&P MAINTAINS STRONG BUY OPINION ON SHARES OF INTERNATIONAL BUSINESS MACHINES : IBM announces preliminary third quarter results, including EPS of $2.05, vs.

Comment?

Related Topix: IBM, Banking, Financial Services, Pnc Financial Services GroupThe

Reuters

U.S. bank National City in sale talks: report

U.S. regional bank National City Corp is in talks with a number of banks about a possible sale, the Wall Street Journal said, citing people familiar with the situation.

Comment?

Related Topix: Financial Services, Banking, Bank of Nova Scotia The

Wed Oct 08, 2008

Philly.com

PhillyDeals: Harleysville Nat'l helps fund PREIT malls

Harleysville National Corp., the largest bank still based in the Philadelphia area, is joining national giants Citigroup and National City Corp.

Comment?

Related Topix: Real Estate, Pennsylvania Real Estate Investment Trust, Banking, Financial Services, Harleysville National, Harleysville, PA, Philadelphia, PA, Plymouth Meeting, PA

Pittsburgh Business Times

PNC increases Pittsburgh market share

Deposits were up for both the Pittsburgh region and its largest bank according to the FDIC's deposit market share report.

Comment?

Related Topix: Pnc Financial Services GroupThe, Banking, Financial Services, Mellon Financial, Investment Services, Bank of New York, York, PA

The State Journal

National City Bank In Trouble?

A spokesman said no today. National City Bank based in Cleveland and Pittsburgh appears to be having some problems as well.

Comment?

Related Topix: Financial Services, Banking

Tue Oct 07, 2008

The South Mississippi Sun Herald

National City Closes on First Sale of a Condo Unit in the New Book...

National City has announced the closing of the first sale of a condo unit in the new Book Cadillac Hotel.

Comment?

Related Topix: Banking, Financial Services, Michigan, Housing, Home, Mortgage, Personal Finance

Mon Oct 06, 2008

MarketWatch

Financial Stocks: Financial stocks close off day's lows

U.S. financial stocks fell sharply on Monday during a wild session that saw the broader Dow Jones Industrial average plunge 800 points before more than half of the losses.

Comment?

Related Topix: Financial Markets, Banking, Financial Services, Home, Mortgage, Personal Finance

Blogging Stocks

Closing Bell: The meltdown that almost was . . . NCC, HIG, SAP, DNDN

Today was almost a totally depressing day of a bear market, but by the end of the session, it turned out to be less terrible -- just another of bad day rather than a total write-off. Hopes and rumors of ...

Comment?

Related Topix: SAP, Banking, Financial Services, Biotech, Medicine, Healthcare Industry, Dendreon

Pittsburgh Business Times

National City may be acquisition target some analysts say

For more than a year, National City Corp. has been fending off acquisition rumors.

Comment?

Related Topix: Financial Services, Banking, Washington Mutual

Sun Oct 05, 2008

The San Francisco Business Times

National City jumps in early trading as TPG affiliate takes stake

TPG -Axon, a $14 billion hedge fund partially owned by private-equity firm TPG, took a 3.86 percent stake in the troubled Cleveland bank, which saw its shares jump about 20 percent in early trading Friday.

1 comment

Related Topix: Banking, Financial Services, Wells Fargo , Fort Worth, TX, Fort Worth Metro, Dallas Metro

MarketWatch

After Hours: National City slumps after ratings cut; financials mixed

Financial stocks were mixed Friday evening following a volatile dayside session as investors digested the passage of the massive financial-sector rescue plan by the House of Representatives.

Comment?

Related Topix: Banking, Financial Services, Financial Markets, Barclays plc, Mortgage, Personal Finance, Wells Fargo

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