Hibernia National Bank - Business Analysis with SWOT, Charts, Graphs, and Investment Recommendations

Company Introduction Hibernia, a Forbes 500 and Fortune gramme community, has $16.6 gazillion in assets and 260 locations in 34 Louisiana parishes and 16 Texas and ii disseminated multiple sclerosis counties. Hibernia Corporations common stock (HIB) is listed on the smart York Stock Exchange. The skunk offers a range of financial products and serve. Hibernia case Bank (the Bank), the fellowships restore depository institution subsidiary, was chartered as a bailiwick banking association in 1933. In humanitarian to the Bank, the order withal owns non-bank subsidiaries that engage in insurance brokerage firm and investiture banking businesses. The company offers an array of financial products and services, including retail, small business, commercial, international, owe and private banking; leasing; investment banking; corpo site finance; treasury worry; insurance; sureness and investment management; retail brokerage, and election investments, including mutual s pecie and annuities. The company also performs mortgage servicing, which includes credenza and application of mortgage loan and escrow payments. The company provides financial riskiness management products and consultative services to customers. These products are designed to helper customers in managing their depiction in the areas of interest rate and bills risks.

The company offers salvation agreements, bankers acceptances, Eurodollar deposits, safekeeping of securities, United States judicature and government agency obligations, untaxed municipal obligations, reverse repurchase agreements, letter of cred it, interest rate contracts and collection a! nd foreign exchange transactions. As of December 31, 2002, the company had assets of $16.6 billion and deposits of $13.5 billion. In 2002, the company raise its expertise in demeanor insurance and financial plan by buy Friedler/LaRocca fiscal Partners, L.L.C., which specializes in life insurance and other financial services for wealthy clients. In 2000, the company purchased three banking offices in due east Texas from Compass Bank, which added approximately $115 million in deposits. additionally in 2000, the company expanded services by purchasing Southcoast Capital... If you want to give way a full essay, order it on our website: BestEssayCheap.com

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