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Barlow Research's 2009 Client Conference
March 3rd & 4th, 2009 - Charlotte, NC |
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| Business Banking Headlines |
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BoFA, Wella Mergers Transform Banking |
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NY Post - January 2, 2009 |
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Bank of America Corp. completed its purchase of Merrill Lynch & Co. and Wells Fargo & Co. finished buying Wachovia Corp., the latest sea changes in a transformed banking industry facing dire economic times ahead. The Merrill takeover was completed yesterday, ending more than 94 years of independence for the Wall Street investment bank and brokerage. The Wachovia merger closed Wednesday, marking the denouement for a lender... |
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Financial Services Firms Beaten Down in 2008 |
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Associated Press - December 31, 2008 |
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From the near collapse of Bear Stearns in March to the bankruptcy of Lehman Brothers in September, the past year saw the unthinkable take place in the financial services industry. The entire landscape for financial services was altered, as some industry giants were either bought up or disappeared altogether, while others were forced to adopt new structures. Not surprisingly, share prices in much of the... |
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Economists Predict Recession Will Persist until Midyear |
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McClatchy-Tribune Information Services - January 2, 2009 |
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Harry Truman joked that he needed a one-armed economist so he wasn't faced with someone who always said "on the other hand ... ." Well, BNA Inc. found quite a few one-armed economists. The business research and information company surveyed 25 economists from financial institutions, consulting firms and academia and found near unanimous agreement that the recession will persist for another six months. All but... |
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