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Ohios National City Makes Florida Buy National City Corp. said Thursday it is buying a Florida bank for an estimated $1 billion, its second acquisition this month in Florida as it looks to expand from its Midwest roots. National City and Fidelity Bankshares Announce Definitive Agreement for National City To Acquire Fidelity National City Corporation and Fidelity Bankshares, Inc. today announced that they have reached a definitive agreement for National City to acquire Fidelity Bankshares. Bank under pressure to increase interest rates Latest mortgage figures showed demand for new home loans at its strongest for almost two years. Bank under pressure to increase interest rates The Bank of England was under increasing pressure yesterday to raise interest rates next week after the latest mortgage figures showed demand for new home loans at its strongest for almost two years. Bank under pressure to increase interest rates Latest mortgage figures shows demand for new home loans at its strongest for almost two years. Banks lend less in poor areas In the fight between Wachovia Corp. and City Councilman W. Wilson Goode Jr. over bank-lending practices in inner-city Philadelphia, both sides say they won. 1st American Mortgage Improves Direct Sales With inContact From UCN UCN, Inc. (BULLETIN BOARD: UCNN) , a provider of on-demand contact handling software and business telecommunication services delivered over the UCN national VoIP network, announced today that 1st American Mortgage, Inc., a Fairfax, Virginia-based lender, selected inContact(TM) as its contact handling technology to support its direct response marketing initiatives. Vital Signs: More Hesitant Hiring? Are employers really getting more cautious about adding workers? The employment report for July will help to answer that question. The past three job reports have shown lackluster gains in non-farm payrolls. Investors will try to divine from the July data, due out on Aug. 4, whether high energy prices, geopolitical events, and uncertainty about a second-half economic slowdown have companies National City profit falls on mortgage-hedging costs NEW YORK (MarketWatch) - National City Corp. reported Tuesday that second-quarter net income fell 24% because of mortgage-hedging losses. Abbey vague about job losses Abbey National said it had cut more than one thousand jobs this year but the former building society was unable to say how many have been shed in Scotland. | ||