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: Why M&A is set to continue its hot streak in 2021

Wall Street banks make more than $87 billion in fees amid a boom in IPOs and a surge in megamergers......»»

Category: topSource: marketwatchDec 18th, 2020

Chase and other banks shuffled Paycheck Protection Program small business applications, lawsuit says

The move meant that Chase would collect larger processing fees, nearly $6 billion in total. The suit follows similar allegations again.....»»

Category: topSource: usatodayApr 20th, 2020

Alibaba to pay banks up to $32.3 million in fees for Hong Kong listing

China's Alibaba will pay its investment banking syndicate up to $32.3 million for leading its Hong Kong listing which will raise up to $12.9 billion, according to documents filed with U.S. securities regulators......»»

Category: topSource: reutersNov 20th, 2019

Face and voice recognition tech would be banned from public housing under new bill

Each year, banks reap billions of dollars from overdraft and other fees. A new analysis of more than 500,000 U.S. users on investing app Stash found women pay a disproportionate amount of those... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 3rd, 2019

Women pay 18% more in banking fees than men

Each year, banks reap billions of dollars from overdraft and other fees. A new analysis of more than 500,000 U.S. users on investing app Stash found women pay a disproportionate amount of those... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 3rd, 2019

Banks could reap $100 million in fees from LSE-Refinitiv deal

A pool of ten investment banks working on the London Stock Exchange Group's $27 billion purchase of financial-data business Refinitiv could reap advisory fees of up to $100 million, according to industry estimates......»»

Category: topSource: reutersAug 1st, 2019

While Uber’s IPO Slumped, Big Banks Took Home $106 Million in Fees

Morgan Stanley and its peers are set to earn $106 million in fees from the IPO. As of Monday’s market close, those who bought into Uber at its IPO are down roughly $1.4 billion. But very early investors, and now, the bankers th.....»»

Category: europeSource: fortuneMay 14th, 2019

While Uber’s IPO Slumped, Big Banks Took Home $106 Million In Fees

Morgan Stanley and its peers are set to earn $106 million in fees from the IPO. As of Monday’s market close, those who bought into Uber at its IPO are down roughly $1.4 billion. But very early investors, and now, the bankers th.....»»

Category: europeSource: fortuneMay 14th, 2019

Goldman, Wells Fargo look to credit cards for bigger returns

Two of the biggest U.S. banks, Goldman Sachs Group Inc. and Wells Fargo & Co., are on the brink of piling into credit card lending, seeking a share of the $183 billion in fees and interest tied to the product......»»

Category: topSource: moneycentralMay 8th, 2018

Comcast to pay advisers as much as 243 million pound in fees for Sky takeover

Comcast expects to pay the banks, law firms and other advisers on its 25.9 billion pound ($34.23 billion) bid for Sky as much as 243 million pounds if it wins the battle for the British broadcaster, the U.S. cable giant said on Friday......»»

Category: topSource: reutersJul 13th, 2018

Behind the $90 Billion Brawl Over Credit Card Swipes

Every time a credit or debit card is swiped or a website’s “buy” button clicked, a series of events moves money from consumer to merchant. The process costs retailers almost $90 billion in fees each year -- and banks, payment networks (such as .....»»

Category: topSource: washpostAug 10th, 2018

Visa, Mastercard reach $6.2 billion settlement over card-swipe fees

Visa Inc , Mastercard Inc , and a number of U.S. banks on Tuesday agreed to pay $6.2 billion to settle a long-running lawsuit brought by merchants over the fees they pay when they accept card payments......»»

Category: topSource: reutersSep 18th, 2018

Visa and MasterCard agree to settle swipe fee class action for $6.2 billion

Visa and MasterCard, along with some top US banks, have agreed to pay as much as $6.2 billion in a class action settlement with US retailers over swipe fees......»»

Category: topSource: cnnSep 18th, 2018

Visa, Mastercard in new settlement of credit card fee suit

Visa and Mastercard say they and several banks will pay $6.2 billion to settle part of a long-running lawsuit brought by merchants over fees on credit card transactions......»»

Category: topSource: foxnewsSep 18th, 2018

Visa, Mastercard reach $6.2B settlement in class-action lawsuit

A long-running lawsuit brought by merchants over credit card fees has been settled — again. Visa (NYSE: V) and Mastercard Inc. (NYSE: MA), along with a number of U.S. banks, have agreed to pay $6.2 billion to settle the charges. The two compa.....»»

Category: topSource: bizjournalsSep 18th, 2018

Visa, Mastercard settle for $6.2 bln

Credit card companies and a number of U.S. banks agreed to pay $6.2 billion to settle a long-running lawsuit brought by merchants over fees. Angela Moore reports......»»

Category: videoSource: reutersSep 18th, 2018

Visa, Mastercard settle for $6.2 billion

Credit card companies and a number of U.S. banks agreed to pay $6.2 billion to settle a long-running lawsuit brought by merchants over fees. Angela Moore reports......»»

Category: topSource: moneycentralSep 18th, 2018

Takeda"s Shire takeover to bring $963 million fee bonanza

Banks, law firms and other advisers stand to earn up to $963 million in fees from Takeda Pharmaceutical's $62 billion takeover of drugmaker Shire , according to documents for the deal published on Monday......»»

Category: topSource: reutersNov 12th, 2018

PPP loan data reveals which Philadelphia-area banks did the most lending in 2021

A bank based in Berks County with just $18 billion in assets churned out more PPP loans than Chase, Wells Fargo or Bank of America......»»

Category: topSource: bizjournalsMay 11th, 2021

Archegos Reportedly Files For Bankruptcy As Banks Scramble To Recoup $10 Billion In Losses

Archegos Reportedly Files For Bankruptcy As Banks Scramble To Recoup $10 Billion In Losses The other day, we learned that Credit Suisse, which was left on the hook for $5 billion after dumping blocks of s.....»»

Category: worldSource: nytMay 5th, 2021