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RBC Centura Completes $1.6B Bank Buy - Feb 27

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Uploaded by on Feb 28, 2008

The Royal Bank of Canada's, RBC Centura purchased the Alabama National BanCorporation for 1.6 billion dollars. Also, veteran commercial banker, Eugene McQuade, was appointed to the position of vice chairman and president of Merrill Lynch's U.S. banking unit. Meanwhile, Credit Suisse has named Michael Rudiger as CEO of Credit Suisse in Germany, Austria, Luxembourg and Central Europe. Finally, Barclays Wealth announces the appointment of Ramachandran Krishnan as Head of its Investment & Product Office in India.

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