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Huntington Bancshares And TCF Financial Corporation Announce Merger To Create Top 10 U.S. Regional Bank


Press release content from PR Newswire. The AP news staff was not involved in its creation.
Huntington Bancshares And TCF Financial Corporation Announce Merger To Create Top 10 U.S. Regional Bank
December 14, 2020 GMT
Huntington Bancshares Incorporated logo (PRNewsfoto/Huntington Bancshares Incorpora)
COLUMBUS, Ohio and DETROIT, Dec. 13, 2020 /PRNewswire/ Huntington Bancshares Incorporated (“Huntington”) (Nasdaq: HBAN; www.huntington.com ), the parent company of The Huntington National Bank, and TCF Financial Corporation (“TCF”) (Nasdaq: TCF; www.tcfbank.com ), the parent company of TCF National Bank, today announced the signing of a definitive agreement under which the companies will combine in an all-stock merger with a total market value of approximately $22 billion to create a top 10 U.S. regional bank with dual headquarters in Detroit, Michigan and Columbus, Ohio. ....

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