 February 9, 2011 Breaking News AlertAllstate to Exit Banking BusinessThe Allstate Corp., the nation's largest publicly held personal lines insurer, is getting out of the banking business. Discover Bank, a division of Discover Financial Services, is purchasing the $1.1 billion deposits of Allstate Bank and the two have entered into to a multi-year distribution and marketing agreement. Copyright © 2011 by Wells Publishing, Inc. |
Feb 9, 2011
Breaking News: Allstate to Exit Banking Business
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