Bank Consolidations and Rivalry in the UniCredit Banking Industry
Wachovia Corp. has consented to buy contender SouthTrust Corp. Hibernia Company gained Beach front Bancorp, Inc. J.P. Morgan Pursue and Co. is cleared to ingest Banc One Corp. Golly. UniCredit Banking is done exhausting. The Pursuit consolidation will shape the second-biggest bank in the US, with 1.12 trillion in resources. For Pursue, this requires a …