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U S Bank buying West Coast s MUFG Union Bank for $8B

U S Bank buying West Coast s MUFG Union Bank for $8B
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TCF National Bank Acquires Equipment Finance Firm with $1B Portfolio

DBusiness Magazine TCF National Bank Acquires Equipment Finance Firm with $1B Portfolio TCF National Bank in Detroit, through a division called TCF Capital Solution, today announced it has acquired BB&T Commercial Equipment Capital Corp. The deal includes a portfolio of approximately $1 billion of equipment finance leases and loans. TCF has acquired BB&T Commercial Equipment Capital Corp., which specializes in equipment finance. // Stock photo TCF National Bank in Detroit, through a division called TCF Capital Solution, today announced it has acquired BB&T Commercial Equipment Capital Corp. The deal includes a portfolio of approximately $1 billion of equipment finance leases and loans.

Detroit s TCF Bank Merges with Huntington in $22B Deal

DBusiness Magazine Detroit’s TCF Bank Merges with Huntington in $22B Deal Detroit-based TCF Financial Corp., parent company of TCF National Bank, Sunday announced it has signed a definitive agreement under which it will combine in an all-stock merger with a total market value of about $22 billion with Columbus, Ohio’s Huntington Bancshares Inc., the parent company of The Huntington National Bank. Terms of the deal were not disclosed. TCF Financial Corp. is merging with Huntington Bancshares Inc. The combined company will have headquarters in Detroit and Columbus and will operate under the Huntington brand. Pictured is a rendering of the soon-to-be Detroit headquarters, which was originally announced as a project by Chemical Bank. // File rendering

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