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$CMA's largest contributing segment, Business Bank delivered 4Q15 net income of $199MM vs. $216MM in 4Q14 where average loans dipped $431MM, reflecting decreases in Mortgage Banker Finance, general Middle Market, Energy and Corporate Banking. Retail Bank segment average loans rose $33MM, reflecting a rise in Retail Banking.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!