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Restructuring and Recapitalization

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  • Hampton City Employees Credit Union explores merger with BayPort

    Hampton City Employees Credit Union explores merger with BayPort
    The Hampton City Employees Credit Union, which has one branch office in City Hall, is exploring a merger with BayPort Credit Union.
  • Hampton Roads Postal Credit Union to merge into BayPort

    Hampton Roads Postal Credit Union to merge into BayPort
    BayPort Credit Union plans to acquire Hampton Roads Postal Credit Union's assets, including one branch in Hampton, when a merger finishes by Sept. 1. The 62-year-old Hampton Roads Postal Credit Union was struggling with its finances and approached...

    Chicago area lands Walgreen-Boots holding company

    Chicago area lands Walgreen-Boots holding company
    Walgreen's plans to retain its corporate headquarters in the United States will burnish Chicago's reputation as an international business city. Not only will the drugstore chain not abandon its hometown, Walgreen said the Chicago area will be the home...

    Chrysler profit up amid investor concerns over merger with Fiat

    Chrysler profit up amid investor concerns over merger with Fiat
    DETROIT (Reuters) - Amid concerns that Fiat shareholders will prevent a merger of the Italian automaker with Chrysler Group, the American automaker reported that second-quarter profit was up 22 percent to $619 million. Fiat shares fell as much as 8.5...

    Jeep, truck sales power Chrysler to second-quarter profit

    Helped by robust sales of Jeep sport-utility vehicles and Ram pickup trucks, Chrysler Group on Wednesday reported a jump in profits for the second quarter. The automaker said it earned $619 million, up 22% from the same period a year earlier. Revenue...