National City Corp. makes a deal to purchase Harbor Florida Bancshares Inc. for $1.1 billion. The company would pay $45 per share in the all-stock buy, a 19.8 percent premium over Harbor Florida's closing price on Monday. Harbor Florida is the state's fifth-largest publicly-traded bank. It has...

Reuters - National City Corp. , the No. 8. U.S. bank, said on Monday it may sell some mortgage lending units as soon as this summer to reduce its exposure to subprime lending as demand for home loans declines.