Fed may hold hearing on Zions merger
The Federal Reserve Board says that it will
"carefully consider" holding a public hearing on the proposed merger
of Zions Bancorp and First Security Corp. before approving the $5.9
billion merger. The proposed merger of the two Utah-based banks, both
of which have strong Mormon histories, has been attacked by community
groups who claim that the merger will decrease competition and
decrease access to credit.
Huntsman receives award from Penn Alumni Society
The University of Pennsylvania Alumni Society awarded its Alumni
Award of Merit to LDS Church member Jon Huntsman, Chairman and Chief
Executive of Huntsman Corporation in Salt Lake City, Utah. Huntsman
was awarded for his "extraordinary and long-standing service and
committment" to the University, said Elsie Sterling Howard, the
Alumni Society President.
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