F.n.b. Ceo: We're On Track To Close On Yadkin Buy

Pittsburgh’s F.N.B. remains on track to close on its buy of Raleigh’s Yadkin Financial, parent company of Yadkin Bank. That’s according to statements made Thursday by F.N.B. (NYSE: FNB). CEO Vince Delie during the bank’s fourth quarter earnings call. He told analysts the banks were on track to close the deal in the first quarter and that merger-related expenses “track in line with original expectations.” “We have a clear path to achieve the targeted cost savings of 25 percent,”…

 

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