Monday, June 1, 2009

Tuesday News - SunTrust Offering, BoA Wins, JP Morgan

General Banking News

Newest Ruse: Banks Capitalizing on "Toxic Assets"

Fed Says Banks Must Raise Equity Before Repaying TARP

Banks pay in-house advisers big fees

Bankers oppose creation of lone U.S. regulator

JPMorgan, Amex to sell stock to get out of TARP

SunTrust Bank

SunTrust plans stock offering to meet feds’ mandate

SunTrust Banks, Inc. Announces Pricing of $1.4 Billion Common Stock Offering

Bank of America

Bank of America Wins Ruling on $1.6 Billion Verdict

Bank of America Names McMahon to Investment Bank Post

BofA Adds Strategists after Lead Director’s Departure

Citigroup Booted Out Of DOW, Bank Of America May Be Next

Wells Fargo

Wells Fargo launches Wachovia ad campaign


Travelers Cos, In Ironic Twist, Takes Citi's Place In Dow

BB & T

Banks Ready To Throw In The TARP

Judge refuses to close BB&T whistleblower case

BB&T introduces unified managed account program for wealthy clients

J.P. Morgan

JPMorgan Chase seeks to raise $5 billion in bid to repay government's TARP program

Fresh from bailout, JPMorgan among banks looking to buy rivals

US Bancorp and TCF Financial

CEO's Rank 22nd and 18th in Minnesota CEO Compensation

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