The bank closed or sold less productive branches, outsourced some back-office functions, and eliminated jobs.
It would not allow banks to sell securities or insurance or open interstate branches.
Since then, First Nationwide has expanded in California while selling branches in other states.
As it sold branches and deposits, the company would also sell assets, like loans and mortgage-backed securities.
The Ranger asks for windier weather so that he can augment his income by selling fallen branches.
Hickson recently sold branches in Newcatle and Stockport.
The solutions might include finding an investor, or selling assets or branches.
In some cases, large banks like Chase and Chemical have been negotiating with smaller neighborhood banks and entrepreneurs to sell branches rather than close them.
The bank sold its credit portfolio and branches to Bank of Montreal, eventually growing into a formidable capital-markets power.
Farmers make money from the trees by selling branches, pods, fruit and bark.