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-0.00111028867505543 0.00222057735011111 0.0081421169504072 0.00962250185048118 0.0170244263508513 0.0148038490007403 0.0148038490007403 0.0148038490007403
Stock impact report

FNB Corp. strikes deal to buy boutique investment bank [Yahoo! Finance]

Huntington Bancshares Incorporated (HBAN) 
Last huntington bancshares incorporated earnings: 4/23 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: huntington-ir.com
Company Research Source: Yahoo! Finance
Acquiree Raptor Partners is also headquartered in Pittsburgh. Founded in 2005, Raptor counts mergers and acquisitions as a principal area of focus. Raptor says it's participated in hundreds of transactions with an aggregate value approaching $40 billion. The deal for Raptor comes after several of FNB's regional bank peers — including Huntington Bancshares in Columbus Ohio, the Cleveland-based KeyCorp and PNC Financial in Pittsburgh — reported substantial capital markets revenue increases in their fourth-quarter earnings. Expanding capital markets capabilities is a key component of FNB's strategy, Chairman and CEO Vincent Delie said Tuesday in a press release. Adding Raptor positions the $49 billion-asset FNB to better serve its middle-market and corporate clients, who might otherwise look outside the bank for advice. "The addition of investment banking rounds out our offerings, enabling FNB to provide clients with advisory services throughout their entire business life cycle," Show less Read more
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