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Buying In to Buyouts by Nonbankers.

Authors :
Witkowski, Rachel
Source :
American Banker; 12/22/2010, Vol. 175 Issue 196, p1-4, 2p
Publication Year :
2010

Abstract

The article discusses buyouts of banks in the U.S. by acquirers without banking experience. In Texas businessman Brandon Steele received state and federal approval to acquire American State Bank. Texas state banking official Charles Cooper says it is important for the banking industry to attract good businesspeople.

Subjects

Subjects :
BANK mergers

Details

Language :
English
ISSN :
00027561
Volume :
175
Issue :
196
Database :
Complementary Index
Journal :
American Banker
Publication Type :
Periodical
Accession number :
56596935