Gulf Coast bank stocks rally on news

  • By Business Observer Staff
  • | 12:00 p.m. December 24, 2009
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The publicly traded stocks of two beleaguered Florida bank-holding companies in Naples, TIB Financial and Bank of Florida, surged earlier this week on news that former Bank of America Chief Executive Officer Hugh McColl is among a group of investors seeking to invest in Florida bank assets.

 

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