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TD Bank to buy Chrysler in $6.3bn deal

By Agency reporter Wednesday, 22 Dec 2010 Toronto-Dominion Bank agreed to buy Chrysler Financial Corporation from Cerberus Capital Management LP for $6.3bn in cash, adding an auto-finance company in its second-largest acquisition. The purchase includes $5.9bn in assets and about $400m in goodwill, Canada‘s second-biggest bank said on Tuesday, in a […]

Ecobank’s legal team wins award

By Ademola Alawiye Wednesday, 22 Dec 2010 The legal department of Ecobank Nigeria Plc has won the legal team of the year award in the corporate/banking and finance category at the maiden edition of the Nigerian Legal Awards. According to a statement by the bank on Tuesday, the Nigerian Legal Awards […]

‘Banks committed to partnering states on developmental projects’

By Stanley Opara Wednesday, 22 Dec 2010 The Bankers Committee has said that it is committed to partnering state governments and their agencies on socio-economic initiatives. The Governor, Central Bank of Nigeria and Chairman of the Bankers Committee, Mr. Lamido Sanusi, restated this objective at an interactive session between the CBN, […]