Hudson City Bancorp (NASDAQ: HCBK ) appoints Denis Salamone to replace Ronald Hermance - who just passed away - as Chairman of the Board. Salamone last week was selected to replace Hermance as CEO. Source: Press Release Post your comment!
Sept 12 (Reuters) - Hudson City Bancorp Inc said Chief Executive Ronald Hermance Jr., 67, passed away unexpectedly on Thursday evening, and named Chief Operating Officer Denis Salamone as successor.
accordance with the bank's plan of succession, Hudson City Bancorp (NASDAQ: HCBK ) appoints Denis Salamone as CEO ..... absence in 2012. Source: Press Release Previously: Hudson City Bancorp Chairman and CEO passes away Post your comment!
Ron Hermance Jr. had been with Hudson City ( HCBK +0.2% ) for more than 26 years, CEO since 2002, and Chairman since 2005. His passing was unexpected. Source: Press Release Post your comment!
Sept 12 (Reuters) - Hudson City Bancorp Inc said its Chief Executive Ronald Hermance Jr. passed away unexpectedly on Thursday evening.
a bargain price to M&T Bank in 2010. It's unclear how this might affect M&T's hoped-for purchase of Hudson City Bancorp ( HCBK +0.6% ), but it surely won't help as regulators have held up the deal due to concern about M&T
(Adds comments, details of Wilmington Trust and pending Hudson City mergers, bylines)
Maryland as well as other eastern states. On the surface then, the company seemed like it would be a good fit with Hudson City Bancorp (NASDAQ: HCBK ). But that once seemingly positive merger has become a nightmare for investors with regulatory
arguing smaller lenders are suffering for the mistakes of the TBTF banks. Today marks the 2-year anniversary of the M&T/ Hudson City ( HCBK -0.4% ) merger announcement, a deal which continues to be held up because of Fed concerns over M&T's money
management capabilities. We expect M&T to eventually rectify these problems--which continue to delay its planned merger with Hudson City --but the bank's expense base is likely to remain above previous levels for quite some time. M&T was able to expand