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M&T Bank buying People’s United in $7.6 billion all-stock deal

M&T Bank Corp. is buying People’s United Financial Inc. in an all-stock deal valued at about $7.6 billion. Branches of the two regional banks are sprinkled throughout the Northeast and mid-Atlantic. People’s United shareholders will receive 0.118 of a share of M&T common stock for each share they own. People’s United shareholders will collectively own …

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Saudis’ trading in US stocks soars 606% to SR323 billion in 2020

Okaz/Saudi Gazette RIYADH — Saudi Arabia’s Capital Market Authority (CMA) revealed in a recent report, seen by Okaz/Saudi Gazette, that the total trading by Saudis in the US stocks during the year 2020 amounted to SR323.37 billion, an increase of 606.04 percent compared to the year 2019 when it stood at SR45.8 billion. The coronavirus …

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Biden rolling out plan for $4 billion global vaccine effort

WASHINGTON (AP) — Joe Biden will use his first big presidential moment on the global stage at Friday’s Group of Seven meeting of world leaders to announce that the U.S. will soon begin releasing $4 billion for an international effort to bolster the purchase and distribution of coronavirus vaccine to poor nations, White House officials …

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