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.....»»
Commerzbank shareholder welcomes Deutsche Bank deal collapse
The collapse of merger talks between Commerzbank and Deutsche Bank is good news, a top Commerzbank shareholder said on Thursday, adding he expects an alternative deal to be struck with another European rival......»»
Denver-headquartered bank plans $2B merger
The deal will boost the combined bank's assets by more than 40%......»»
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......»»
CenterState Bank merger among biggest economic development transactions
Other big transactions included health care and a job incentive deal......»»
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 .....»»
Twitter strikes deal with Elliott
Twitter CEO Jack Dorsey survived an attempt to remove him after the social media company struck a deal with activist hedge fund Elliott Management. Fred Katayama reports......»»
UniCredit CEO says no M&A deal after Intesa"s surprise UBI bid
The head of UniCredit repeated in a letter to staff on Wednesday that Italy's biggest bank had no intention of engaging in merger and acquisition deals following Intesa's blitz move to buy rival UBI Banca ......»»
First Horizon among banks ready to pounce on opportunity after Truist deal
First Horizon National Bank is among several companies that see opportunity following the merger creating Truist......»»
UK union seeks guarantees on manufacturing after Peugeot-Fiat merger
Britain's biggest union is seeking guarantees on the long-term future of Peugeot's plants in Britain after the French carmaker struck a binding deal on Wednesday with Fiat Chrysler to create the world's fourth-biggest carmaker......»»
Long road ahead as Fiat Chrysler, Peugeot agree to $50 billion merger
Fiat Chrysler and Peugeot maker PSA have struck a binding deal to create the world's fourth biggest carmaker, and now face the challenge of winning over regulators and delivering on a pledge to slash costs without closing factories......»»
Fiat Chrysler and Peugeot agree to merge in giant auto deal
Fiat Chrysler and France’s PSA, the owner of Peugeot, have struck a merger pact to create the world’s fourth-largest carmaker by output......»»
Cambridge Trust to acquire Wellesley Bank for $122M
Cambridge Trust Co.’s parent company has agreed to buy Wellesley Bank’s parent in an all-stock deal valued at approximately $122 million, snatching up a lender that local bankers have eyed for years as a potential acquisition target. The merger w.....»»
Bank Of America Initiates Fiserv Bullish, Says First Data Deal Has Strategic Rationale
Fiserv Inc’s (NASDAQ: FISV) all-stock merger with First Data has significant strategic rationale as it offers cross-selling opportunities, while also making sense financially, according to Bank of America Merrill Lynch. Latest Ra.....»»
Exclusive: UniCredit clinches deal to cut exposure to Turkish lender Yapi Kredi - sources
UniCredit has struck a deal to reduce its exposure to Turkey's Yapi Kredi , three sources told Reuters, a move seen as a first step toward the Italian bank's full exit from the recession-hit country......»»
Market Extra: Here’s how Charles Schwab and TD Ameritrade stack up amid reports of a blockbuster discount-brokerage merger
Charles Schwab Corp. is reportedly in talks to acquire TD Ameritrade Holding Corp. in a monster deal that could send ripples throughout the brokerage world as the two biggest discount brokers attempt to combine, creating a brokerage behemoth......»»
Market Extra: Here’s how Charles Schwab and TD Ameritrade stack up amid reports of a blockbuster discount brokerage merger
Charles Schwab Corp. is reportedly in talks to acquire TD Ameritrade Holding Corp. in a monster deal that could send ripples throughout the brokerage world as the two biggest discount brokers attempt to combine, creating a brokerage behemoth......»»
Louisiana bank with significant Houston presence to be acquired in multibillion-dollar deal
Memphis, Tennessee-based First Horizon National Corp. (NYSE: FHN) and Lafayette, Louisiana-based IberiaBank Corp. (Nasdaq: IBKC) will combine in an all-stock deal being described as a "merger of equals," the companies announced in a joint Nov. 4 pr.....»»
Commerzbank aims to cut jobs, branches after Deutsche merger fails
Commerzbank said on Friday it wanted to cut 2,300 jobs and reduce the number of branches in a strategy overhaul, after the German lender's attempt to merge with Deutsche Bank failed......»»
The Wall Street Journal: Merger will be lucrative for Viacom and CBS chief executives
Viacom and CBS last week struck a deal to reunite the empire of media mogul Sumner Redstone, creating a conglomerate with a valuation of $27 billion......»»
Another St. Louis-area bank is sold, in $76.3M deal
First National Bank in Staunton in Metro East is being sold to Associated Bank in an all-cash deal valued at $76.3 million. The merger agreement, approved by the boards of both banks and announced Thursday, is between the holding companies, Associa.....»»