Ex-North Fork CEO Kanas steps down at Capital One

(Reuters) - Lynn Pike, the chief operating officer for banking, will
replace Kanas as bank president. Separately, Wachovia Corp.'s
Michael Slocum will become executive vice president of
commercial banking, replacing commercial banking head John
Bohlsen. Kanas and Bohlsen will remain advisers through 2009.




Read more at Reuters.com Mergers News

U.S. Stock-Index Futures Gain as Treasury Yields Decline; Merrill Gains

(Bloomberg) -- U.S. stock-index futures gained
after the yield on the 10-year Treasury bond retreated from a
five-year high and mortgage applications unexpectedly jumped.

Merrill Lynch & Co., the world's biggest brokerage, and
Wachovia Corp., the fourth-biggest U.S. bank, gained in trading
in Europe.


Read more at Bloomberg Stocks News

Wachovia, Energy Partners Lead Companies Selling $11 Billion of Bonds

(Bloomberg) -- Wachovia Corp., the fourth-biggest U.S. bank, and oil company Energy Partners Ltd. led borrowers selling $11 billion of bonds this week as a government report showed an increase in international demand for U.S. company debt.

Sales increased from $9.2 billion last week, which was the lowest total of the year, according to data compiled by Bloomberg. The weekly average for 2007 is $23.1 billion. Charlotte, North Carolina-based Wachovia sold $1.5 billion in floating-rate notes, while Energy Partners of New Orleans issued $450 million of speculative-grade debt.


Read more at Bloomberg Bonds News