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How serial bank builder Roy Salley struck deal for Oakwood after first merger attempt fizzled
Roy Salley is no stranger to growing and selling banks in Dallas. Oakwood Bank, his latest venture, alm.....»»
Cannabis Industry Chart Of The Week: Private Equity A Smaller % Of Equity Raises Despite Bigger Deal Sizes
The graph shows total equity capital raised by private companies (green bar) as a % of total equity raises during the first 20 weeks of each year. The orange line shows the average private equity deal size. read more.....»»
Maryland hotel exec racing clock to find investors for $680 million bid for Tribune Publishing, but nobody is stepping up in Chicago: source
With three weeks left until shareholders are set to vote on a deal to sell Tribune Publishing to hedge fund Alden Global Capital, Maryland hotel executive Stewart Bainum is urgently seeking Chicago investors to help buy the Chicago-based newspaper chai.....»»
WSFS identifies 34 Philadelphia-area branches it will close as part of Bryn Mawr Trust deal
The list includes 22 of 41 Bryn Mawr Trust locations. Most of the cuts came in the western suburbs, where the two banks have the most overlap......»»
The Tell: Here’s how fast Iran could boost oil output after agreement on nuclear deal
If Iran returns to compliance with the nuclear deal, the country could quickly ramp up production in a matter of weeks, says Eurasia Group......»»
Rockland Trust to acquire East Boston Savings in $1.15B deal
The merger is the second blockbuster acquisition in Boston banking this month, after Eastern Bank agreed to buy Century Bank earlier in April. Rockland Trust and East Boston Savings are two of the state's largest banks......»»
Publix was handed a vaccine distribution deal weeks after donating $100,000 to Florida Gov. Ron DeSantis" PAC
Publix donated $100,000 to DeSantis' political action committee before being awarded rights to distribute vaccines in the state. Florida Gov. Ron DeSantis.....»»
Goldman Sachs bosses reportedly sent snack hampers to junior staff after a survey revealed brutal 100-hour weeks. Rival banks sent their staff bonuses or Peloton bikes.
Some junior Goldman Sac.....»»
Fed To Lift Bank Buyback, Dividend Limits At End June
Fed To Lift Bank Buyback, Dividend Limits At End June Having taken away the punchbowl two weeks ago by removing the SLR exemption, The Fed has offered banks a little more groul by announcing - as has been expec.....»»
ShopHQ parent will take over Christopher & Banks brand
IMedia Brands Inc., the company that runs the ShopHQ shopping channel, has struck a deal to take over the Christopher & Banks brand following the retailer's bankruptcy and sale earlier this year......»»
: Ladbrokes owner Entain hikes offer for rival Enlabs to $440 million
The deal comes weeks after Entain rejected a $11 billion offer from MGM Resorts......»»
: Lucid Motors finally confirms SPAC deal, and the stock is plunging
After weeks of spiking share prices for a blank-check company rumored to be targeting the acquisition of electric-vehicle company Lucid Motors, the two parties officially announced a deal Monday afternoon, and the stock sank sharply......»»
Report: Lucid Motors plan to go public could be announced Tuesday
After weeks of speculation, a deal to take Newark-based Lucid Motors Inc. public reportedly could be announced as early as Tuesday. Bloomberg cited unnamed sources on Saturday who said that the deal could still fall apart but is on track to be an.....»»
Polish Banks Are at a Turning Point With Franc Loans
It was too good a deal to pass up. Starting nearly two decades ago, Poles got the opportunity to take out mortgages denominated in Swiss francs with interest rates less than half the prevailing level for loans in Polish zloty. More than a milli.....»»
NCR confirms it"s made bid to buy Cardtronics for $2B-plus
NCR's bid could set up a bidding war. It comes three weeks after Houston-based Cardtronics agreed to a deal with another suitor......»»
10 Banking M&A Deals Announced In December 2020
New S&P Analysis: Banking M&A 2020 Deal Tracker: 10 deals announced in December 2020 Q3 2020 hedge fund letters, conferences and more According to a new analysis from S&P Global Market Intelligence, U.S. banks and thrifts announced 10 dea.....»»
Huntington Bank announces $22 billion merger with TCF Bank, plans dual headquarters in Detroit, Columbus
Huntington Bank has announced a $22 billion plan to merge with TCF Financial in a deal that will create one of the nation's top 10 regional banks. The all-stock transaction will combine Huntington (NASDAQ: HBAN) and TCF (NASDAQ: TCF) under the .....»»
D.C. Council must approve the new St. E’s hospital deal. Some issues still need to be resolved.
It will probably be a few weeks before the definitive agreement comes back to the council for a required vote, said Councilman Vince Gray, D-Ward 7......»»
KLM expects talks on financial aid to take weeks: Telegraaf
KLM, the Dutch subsidiary of airline group Air France-KLM , expects discussions with banks on financial aid will take weeks to conclude, Dutch newspaper De Telegraaf reported on Thursday......»»
US banks made a quick $10 billion in 2 weeks by processing small businesses loans from the government, says report
REUTERS/Jonathan Ernst US banks earned $10 billion in two weeks processing the loans from the government scheme to protect sm.....»»