Company Introduction Hibernia, a Forbes 500 and jeopardy 1000 community, has $16.6 gazillion in assets and 260 locations in 34 Louisiana parishes and 16 Texas and two disseminated multiple induration counties. Hibernia Corporations common stock (HIB) is listed on the New York Stock Exchange. The loafer offers a range of pecuniary products and serve. Hibernia National Bank (the Bank), the friendships refer depository institution subsidiary, was rent as a cogitation banking association in 1933. In addition to the Bank, the ac companionship withal owns non-bank subsidiaries that engage in indemnity brokerage and investiture banking businesses. The company offers an array of pecuniary products and work, including retail, footling business, commercial, international, owe and private banking; leasing; investiture banking; corpo site finance; treasury management; redress; assurance and investment management; retail brokerage, and alternative investments, including mutual bullion and annuities. The company also performs owe servicing, which includes acceptance and application of mortgage loan and escrow payments. The company provides financial risk management products and informatory services to customers. These products are intentional to assist customers in managing their characterisation in the areas of interest come in and currency risks.
The company offers redemption agreements, bankers acceptances, Eurodollar deposits, safekeeping of securities, United States brass and government agency obligations, tax-exempt municipal obligations, reverse repurchase agreements, letters of credit, interest disposition contracts and collection and foreign substitute transactions. As of December 31, 2002, the company had assets of $16.6 cardinal and deposits of $13.5 billion. In 2002, the company raise its expertise in mien insurance and financial homework 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 overdue east Texas from Compass Bank, which added nearly $115 million in deposits. additionally in 2000, the company expanded services by purchasing Southcoast Capital... If you want to bring a full essay, order it on our website: Ordercustompaper.com
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