Michael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC), recently voiced support for a new proposal by Federal Deposit Insurance...
The Federal Deposit Insurance Corp. (FDIC) is seeking public comment on a proposal that would “update, strengthen and clarify” its approach to evaluating bank mergers. The...
The head of Deutsche Bank says merging with Commerzbank is not a priority. In an interview with CNBC Thursday (Jan. 18), Deutsche Bank CEO Christian Sewing seemed to quash recent...
Consolidation in the U.S. banking sector is expected to be limited in the near future due to high interest rates and regulatory pressures, according to Citizens...
Rising interest rates and a recent banking crisis could lead more lenders to merge this year. That’s according to U.S. Treasury Secretary Janet Yellen, who...
If presidential hopeful Sen. Elizabeth Warren (D-Massachusetts) gets into the White House, it is expected that the finance industry – bank mergers in particular –...
Germany’s state-owned savings and cooperative banks are moving forward with discussions that could create a powerful financial association with $286 billion in assets and a...
Ever since BB&T and SunTrust merged for $28 billion in February, many industry analysts predicted it would start a trend of similar moves from other...