Your Search Returned 5 tagged news reports
Fitch Ratings has cut its rating on regional banker Whitney Holding Corp. citing its nonperforming assets, much of them related to Florida real estate. The ratings house said Tuesday that Whitney's long-term issuer default rating had been dropped to BBB...
Tags: Fitch Ratings Inc., India, Whitney Holding Corp., negative outlook, TRW Automotive Inc., TRW Automotive Holdings Corp., ratings agency, BBB, public finances, First Horizon National Corp.
Jordan, 46, will take over effective Sept. 1, as part of a succession plan to replace current president and chief executive, Jerry Baker. Baker, 65, will become vice chairman of First Horizon's board of directors and assist with the transition until he...
Tags: First Tennessee, First Horizon National Corp, First Horizon National Bank, largest bank
Here's how some shares of commercial banks traded: National City, down 17 cents, or 3.6 percent, to $4.60 Wachovia Corp., up 60 cents, or 3.9 percent, to $16.13 First Horizon National Corp., up 47 cents, or 6.3 percent, to $7.90 Zions Bancorp, up 96 cents,...
Tags: commercial banks, First Horizon National Corp., National City Corp.
First Horizon National Corp. filed with the Securities and Exchange Commission Friday to offer multiple securities. The Memphis, Tenn.-based bank filed to offer purchase contracts, units, warrants, depositary shares, preferred stock, or common stock in...
FHN) , the largest bank in Tennessee, said on Thursday that first-quarter earnings fell a steeper-than-expected 89 percent, hurt by higher loan loss provisions and portfolio deterioration. The Memphis-based company reported net income of $7.9 million,...