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National City Windfall from VISA IPO

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Red1Blue
Super Contributor

National City Windfall from VISA IPO

Looks like National City is in a stronger financial position after the Visa IPO,
 
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1 REPLY 1
Anonymous
Not applicable

Re: National City Windfall from VISA IPO

If I'm reading that that correctly, National City is selling off it's shares of Visa to increase its liquidity. They received a much needed boost in net profit by doing so.

I'm not sure it's a good indicator of the stability on National City.

But then again, I may be reading it all wrong.
Message 2 of 2
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