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Banking





TOP STORY  

Lewis extols profit potential with Fleet
Noting skepticism, banker says costs will fall with speedy merger
Looking to win back disgruntled investors, Bank of America Corp. Chairman Ken Lewis Tuesday promoted the growth potential of his FleetBoston Financial Corp. acquisition.

  


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BB&T; to buy Republic Bancshares
Bank holding company BB&T; Corp. has agreed to buy Republic Bancshares Inc. for $436 million in an effort to expand BB&T;'s presence in Florida.

BB&T; to buy Republic Bancshares for $436 million
Bank holding company BB&T; Corp. has agreed to buy Republic Bancshares Inc. for $436 million in an effort to expand BB&T;'s presence in Florida.

BofA adds big Latin presence
Bank reduced loan exposure, then acquired 253 offices in 8 nations in Fleet purchase
Bank of America Corp.'s planned acquisition of FleetBoston Financial Corp. is mostly about new markets in the Northeast, but the deal also gives the Charlotte bank expanded operations in volatile Latin America.



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Financial Markets