U.S. Bank National Association is going to acquire Mellon 1st Business Bank in California.
Mellon 1st Business Bank in California is a subsidiary of the Bank of New York Mellon Corporation, that appeared in 2007 as a result of merger between Mellon Financial Corporation and Bank of New York.
The deal will bring U.S. Bank about $3.4 billion in assets, $1.1 billion in loans and $2.7 billion in deposits. The terms of the merger are still concealed.
The next step of the deal is to get regulatory approval by the end of the second quarter 2008.
Putin's official spokesman Dmitry Peskov commented on remarks in the US media about failures in launching nuclear-capable missiles in Russia
More than 5.8 million people voted for Nicholas Maduro at the presidential election in Venezuela. This is more than a quarter of registered voters. Why did those people vote for the man, who, as Western media write, took Venezuela to the brink of collapse?
It has long been understood that the West has been trying to subject Russian borders to total control. We have not seen such activity even during the Cold War