Argent Institutional Trust Company announced it has entered into a definitive agreement to acquire the corporate trust and institutional custody business of The Huntington National Bank, a wholly owned banking subsidiary of Huntington Bancshares (HBAN). AITC plans a seamless transition, with full integration expected to be completed in the coming months.
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- Huntington Bancshares price target lowered to $17 from $18 at Evercore ISI
- Huntington Bancshares price target lowered to $17 from $19 at Argus
