First Union-CoreStates Merger

Federal Reserve officials held a public hearing on the proposed acquisition of CoreStates Financial Corporation by First Union… read more

Federal Reserve officials held a public hearing on the proposed acquisition of CoreStates Financial Corporation by First Union Corporation. They heard testimony from the heads of the First Union , Mayor Rendell and community groups on both side of the issue on the implications of the merger for the region and its citizens. One major issue of contention was the impact of the merger on community development, especially on inner-city, lower-income areas. The meeting began with loud protestations from members of the audience. This portion includes the meeting before the lunch break. close

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First Union-CoreStates Merger

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Program ID:
102197-1
Category:
Public Affairs Event
Format:
Public Hearing
Location:
Philadelphia, Pennsylvania, United States
First Aired:
Mar 20, 1998
Last Aired:
Mar 21, 1998

Airing Details

  • Mar 20, 1998 | 7:59pm EST | C-SPAN 2
  • Mar 21, 1998 | 12:48am EST | C-SPAN 2
  • Mar 21, 1998 | 4:11pm EST | C-SPAN 2
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First Union-CoreStates Merger

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