Huntington Bancshares Inc., Columbus, Ohio, has announced a likely delay in the closing of its merger with Unizan Financial Corp., Canton, Ohio, due to the Federal Reserve Board's extension of its review, partly to assess the Community Reinvestment Act aspects of the merger.The closing date of the merger had been targeted for early July. Huntington said the Fed notified it that the agency needed to complete its review of the merger's CRA implications and to coordinate further with the Securities and Exchange Commission about the SEC's investigation of Huntington, Huntington said. No new target closing date has been set. Huntington can be found on the Web at http://www.huntington.com.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









