dianaschnuth

I’m not a financial analyst; far from it. However, I did work for a financial institution for five years, and I lost my job as a result of that financial institution, Sky Financial Group, being acquired by Huntington Bancshares.

Since Huntington gave me a quite reasonable retention bonus and severance package (most of which still remains in my high-yield savings), and since my job loss was the catalyst for a new and better career move, and (most importantly) since my severance agreement included a clause against publishing negative commentary about the company, I’m disinclined to talk smack about Huntington.

However, that doesn’t mean I’m not curious about how they’re faring in the current financial climate. I’ve remained blissfully ignorant of most of the happenings of the bank since I left, with only a few bits and pieces making it my way through the grapevine. Now that things are coming to even more of a head in the financial world, though, I find myself wondering how that merger worked out for them.

Not so good, it seems.

Continue reading →