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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.....»»

Category: topSource: bizjournalsApr 29th, 2024

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.....»»

Category: blogSource: benzingaMay 25th, 2021

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.....»»

Category: topSource: chicagotribuneApr 30th, 2021

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......»»

Category: topSource: bizjournalsApr 27th, 2021

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......»»

Category: topSource: marketwatchApr 22nd, 2021

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......»»

Category: topSource: bizjournalsApr 22nd, 2021

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.....»»

Category: topSource: businessinsiderApr 5th, 2021

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.....»»

Category: dealsSource: nytMar 30th, 2021

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.....»»

Category: personnelSource: nytMar 25th, 2021

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......»»

Category: topSource: bizjournalsMar 4th, 2021

: 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......»»

Category: topSource: marketwatchMar 1st, 2021

: 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......»»

Category: topSource: marketwatchFeb 22nd, 2021

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.....»»

Category: topSource: bizjournalsFeb 20th, 2021

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.....»»

Category: topSource: washpostFeb 15th, 2021

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......»»

Category: topSource: bizjournalsJan 12th, 2021

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.....»»

Category: blogSource: valuewalkJan 8th, 2021

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 .....»»

Category: topSource: bizjournalsDec 14th, 2020

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......»»

Category: topSource: bizjournalsMay 12th, 2020

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......»»

Category: topSource: reutersApr 30th, 2020

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.....»»

Category: topSource: businessinsiderApr 25th, 2020