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Mergers & Acquisitions

Plus: Provident Bank finalizes SB One acquisition, and Delmar Bancorp prepares for a rebrand after merger
Heritage Southeast Bank has bought assets and hired staff from financing firm Diversified Funding Services
Delayed and abandoned transactions punctuated a weak period for activity in the first half of the year, says PwC
With individuals and companies expected to find it increasingly difficult to manage debt, banks need to prepare now, says Accenture
Fraudsters are taking advantage of this time to target vulnerable populations and companies
Increase in productivity from remote work, bank onboarding applications, insurance claims, trade processing and capital markets payment related work
First Horizon has acquired 30 North Carolina branches from Truist, adding $2.3 billion in deposits
EU and UK banks could be in a far worse position than their US peers following the COVID-19 pandemic, research has shown
The New York-based bank will close six branches and merge them into other existing premises after a multi-year fall in in-person visits
The $50 billion bank will also invest in training programs for staff and take proactive measures to improve recruitment and supplier diversity
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