Entering text into the input field will update the search result below

Slight setback for CIT Group's OneWest purchase

Feb. 06, 2015 2:22 PM ETFirst Citizens BancShares, Inc. (FCNCA) StockFCNCABy: Stephen Alpher, SA News Editor
  • The Fed and the OCC on Feb. 26 will hold a public hearing on CIT Group's (CIT +1.1%) plan to purchase the parent of OneWest Bank for $3.4B in cash and stock. OneWest had waged an unusual public campaign arguing no hearing was necessary.
  • The two announced the merger deal last July.
  • OneWest is the former failed California bank IndyMac that resurfaced thanks to investments by a group including George Soros and John Paulson. CIT, of course, is led by another character from the financial crisis - John Thain.

Recommended For You

More Trending News

About FCNCA Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
FCNCA--
First Citizens BancShares, Inc.