Archive for September, 2008

US regional lenders received some respite from the wave of selling that has battered their shares as markets rallied and investors' fears of more bank failures appeared to recede.

For years, we’ve marveled at the marketing and branding skills of the Bush White House.

Shares of Sovereign Bancorp Inc. jumped nearly 70 percent Tuesday as the bank named former Chittenden Corp. top executive Paul A. Perrault to replace Joseph P. Campanelli as chief executive, effective Jan. 3.

Much can be done to help credit markets and troubled banks - even if Congress can't agree on bailout.

Sovereign Bancorp Inc., , parent company of Sovereign Bank , today announced that it has named Paul A. Perrault President and Chief Executive Officer, effective January 3, 2009. As part of the management change, Kirk W.