Navigate this market better. Subscribe for FREE stock alerts and information.

Tuesday, January 7, 2014

US Bancorp to purchase Charter One's Chicago branches, (NYSE: RBS), (NYSE: USB)

U.S. Bancorp will purchase Charter One Bank's Chicago branch operations as it looks to establish a larger presence in the Chicago metro area. Charter One is owned by RBS Citizens Financial Group, a subsidiary of Edinburgh-based Royal Bank of Scotland Group PLC .

The Royal Bank of Scotland Group plc (RBS) is a holding company of a global banking and financial services group. Shares of RBS remained unchanged at $11.25. In the past year, the shares have traded as low as $8.12 and as high as $12.37. On average, 959317 shares of RBS exchange hands on a given day and today's volume is recorded at 0.

U.S. Bancorp (U.S. Bancorp) is a multi-state financial services holding company. Shares of USB remained unchanged at $40.59. In the past year, the shares have traded as low as $31.99 and as high as $40.84. On average, 7700040 shares of USB exchange hands on a given day and today's volume is recorded at 2000.



Source