FastSaying

Citigroup's acquisition of Golden State was an outlier in what was otherwise another slow quarter for bank and thrift mergers. Deal activity, as measured in number of deals, was up modestly from an abysmal first quarter. We expect this trend will continue.

Related Quotes

While bank and thrift deal activity remains depressed, the pace picked up considerably at the end of the quarter. Whether this is the beginning of a resurgence remains to be seen.
— James Record
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The bank, through its acquisition and mergers with Chase and Bank One, presented some challenges in terms of duplicate real estate. We had to restructure this lease so it would fit their needs.
— Mark Russell
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We need to do like we did in the Golden State game. Everybody do something more.
— Yao Ming
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Our big project is the Golden Goose Thrift shop. It has truly been the golden goose that has laid the golden egg for us.
— Judy Smith
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The market is pausing for breath. Mergers and acquisition activity and speculation has slowed slightly, which is probably slowing the market down a little.
— Richard Hunter
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