Federal Reserve OK’s Spanish bank’s $2.2B purchase of Texas Regional

Posted on: October 25th, 2006
Filed Under: [ Business ] [ Hispanic News ]
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Knowledge is Power!

“The Federal Reserve Bank of New York approved Banco Bilbao Vizcaya Argentaria S.A.’s planned buyout of Texas Regional Bancshares Inc., the holding company for Texas State Bank.

Texas Regional (NASDAQ: TRBS) is a McAllen-based bank holding company that operates more than 70 bank branches in the Beaumont, Brownsville, Corpus Christi, Dallas, Houston, McAllen and Tyler metropolitan areas.”

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