Saturday, February 10, 2007

Minority bank to lease at Wal-Mart 



Urban Trust to open branches at city stores Urban Trust Bank, the Bethesda financial firm formed by Black Entertainment Television founder Robert L. Johnson, has struck a deal with Wal-Mart Stores to lease space for branches in the giant retailer's outlets in large cities.
Source: www.baltimoresun.com

Durham's 'Black Wall Street' 
Durham, NC -- Nathan Garrett still remembers when downtowns Parrish Street was the address of Black Wall Street a black-owned financial district just around the corner from Main Street, in the heart of Durhams white business district.
Source: www.dukenews.duke.edu

Report: BofA in merger talks with Countrywide 
Bank of America Corp. is in talks with Countrywide Financial Corp. that could lead to a merger, according to a report on the Financial Times' Web site.
Source: biz.yahoo.com