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Mormon News: All the News about Mormons, Mormonism and the LDS Church
For week ended November 28, 1999 Posted 24 Feb 2001
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Business News

Fed may hold hearing on Zions merger

The Federal Reserve Board says that it will "carefully consider" holding a public hearing on the proposed merger of Zions Bancorp and First Security Corp. before approving the $5.9 billion merger. The proposed merger of the two Utah-based banks, both of which have strong Mormon histories, has been attacked by community groups who claim that the merger will decrease competition and decrease access to credit.
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Huntsman receives award from Penn Alumni Society

The University of Pennsylvania Alumni Society awarded its Alumni Award of Merit to LDS Church member Jon Huntsman, Chairman and Chief Executive of Huntsman Corporation in Salt Lake City, Utah. Huntsman was awarded for his "extraordinary and long-standing service and committment" to the University, said Elsie Sterling Howard, the Alumni Society President.

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Copyright 1998, 1999, 2000, 2001 Kent Larsen · Privacy Information