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Mergers & Acquisitions

The tie-up will create the US’s fifth-largest bank, adding $104 billion in assets to PNC
A wave of new deals and completions have been announced in the past two weeks
Like it or not, COVID-19 has had an economic downturn leaving many mergers and acquisitions (M&A) in a state of uncertainty
Specialist financial services investor FJ Capital says the economic recovery and ultra-low interest rates make for ideal merger and acquisition conditions
“We are exiting them because they are not core to serving our core customer base on the consumer and large corporate side. We are not exiting them because of the…
Deal to create top-20 US bank is scheduled to complete in the first half of 2021
An $85 million penalty against USAA follows similar actions against Citibank and Morgan Stanley
The nation’s largest bank by assets beat gross and net earnings forecasts
The US’s oldest mutual bank is going public on the Nasdaq market as of October 14
Bank boss acknowledges error and pledges renewed commitment to improving Wells Fargo’s diversity work
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