ABC News
Turn on desktop notifications for breaking stories about interest?
OffOn
Pressure is building in both parties for Biden to address certain issues.
• 7 min read
1-year anniversary of George Floyd’s death
Rallies and marches have started Sunday, as Minneapolis remembers the moment that sparked a racial reckoning, a year ago. Stefani Reynolds/Pool/Getty Images
There s a segment of the country for whom there is no more pressing priority than the policing and racial-justice issues getting fresh attention with the anniversary of George Floyd s death on Tuesday.
There s a segment of the country for whom there is no more pressing priority than the debate over election integrity getting fresh attention with county audits, state legislative scrambles and efforts to create a commission on the attempted insurrection at the Capitol.
MIL-OSI USA: At Hearing, Warren Calls On The Biden Administration to Replace Quarles As Soon As His Term Is Up foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.
View Comments
The Department of Justice is requiring Huntington and TCF banks to sell off 13 bank branches in Michigan to go through with their newly approved merger and assuage antitrust concerns.
The mandatory sell-off, known as a divestiture, will involve $975 million in customer deposits, including those at a 14th branch, and total more than twice what Columbus-based Huntington and Detroit-based TCF initially anticipated would be required to satisfy federal regulators.
The branches are all TCF branches and will remain open, but must be sold to a different bank. Huntington announced late Tuesday that the different bank will be Horizon Bank, which has a tentative deal to buy all 14 of them.
Huntington, TCF Announce Receipt Of All Required Regulatory Approvals For Pending Merger
Announce buyer in pending divestiture of 14 TCF branches
News provided by
Share this article
Share this article
COLUMBUS, Ohio and DETROIT, May 25, 2021 /PRNewswire/ Huntington Bancshares Incorporated (Nasdaq: HBAN; Huntington ) and TCF Financial Corporation (Nasdaq: TCF; TCF ) jointly announced that the Board of Governors of the Federal Reserve System (the Federal Reserve Board ) and the Office of the Comptroller of the Currency, with input from the United States Department of Justice s Antitrust Division (the DOJ ), have approved the proposed merger of Huntington and TCF and of The Huntington National Bank and TCF National Bank.