Thursday, May 28, 2009

Wednesday Night / Thursday News - SunTrust, KeyCorp, Regions

General Banking News

Consumers, investors protected under overhaul
It's coming......
http://www.boston.com/business/articles/2009/05/28/consumers_investors_protected_under_overhaul/

Banks find ways to boost fees; checking accounts latest target
http://www.usatoday.com/money/industries/banking/2009-05-27-checks-fees-banks_N.htm

Questions Delay Sale Of Toxic Bank Assets
http://www.washingtonpost.com/wp-dyn/content/article/2009/05/27/AR2009052702042.html?hpid=topnews

Georgia banks’ losses in first quarter: $1.2 billion
http://www.ajc.com/business/content/business/stories/2009/05/27/georgia_banks_earnings.html

Fed would serve as risk regulator under Obama plan
http://www.google.com/hostednews/ap/article/ALeqM5hJRk71G8GBZrHsXiPhVw0v8iT2gwD98EUJHG0

SunTrust

SunTrust Backs Out Of Deal To Pay Back Investor Losses
Read with caution - from "fraud lawyer" blog!
http://www.investmentfraudlawyerblog.com/2009/05/suntrust_backs_out_of_deal_to.html

Taber named to top post at SunTrust Bank, West Georgia
http://www.ledger-enquirer.com/news/breaking_news/story/731431.html

KeyCorp

KeyCorp to undertake share exchange offer
http://www.forbes.com/feeds/ap/2009/05/27/ap6471438.html

KeyCorp to cut 300 more jobs
http://www.tradingmarkets.com/.site/news/Stock%20News/2343276/

Bank of America

GMAC credit cards switching to BofA
http://www.charlotteobserver.com/business/story/748319.html

Regions

Regions Financial shares rise on analyst upgrade
http://www.forbes.com/feeds/ap/2009/05/27/ap6471015.html


Wells Fargo

Has Wells Fargo Stock Run Too Far?
http://www.time.com/time/business/article/0,8599,1901343,00.html

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