State and federal bank regulators have lifted a cease and desist order imposed o

Source

Portland Press Herald

Date

6-15-1993

Pages

1C

Abstract

State and federal bank regulators have lifted a cease and desist order imposed on Peoples Heritage Financial Group in 1991, which had required Peoples to improve its deteriorating financial condition. After losing $88 million from 1990 through 1992, Peoples this year posted a first-quarter profit of $2.1 million.

Subjects

Banks and banking, TD Banknorth

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