Consolidation

ECB Policymaker Calls Bank Consolidation ‘Desirable’
ECB Policymaker Calls Bank Consolidation ‘Desirable’
June 05, 2019  |  Europe

A European Central Bank (ECB) policymaker has called bank mergers in the EU “desirable,” but admits that it’s ultimately up to individual banks to decide...

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Fed Chairman Concerned Over Shrinking Bank Market
Fed Chairman Concerned Over Shrinking Bank Market
February 19, 2019  |  B2B Payments

The U.S. banking industry is in flux, largely thanks to federal policy that has made it easier (and faster) for institutions to merge. As concerns...

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Sears Given Two Extra Years To Pay Back Lenders
Sears Given Two Extra Years To Pay Back Lenders
June 06, 2018  |  Retail

Sears Holdings revealed in a Securities and Exchange Commission (SEC) filing that it has been given two extra years to repay lenders, including Eddie, Lampert,...

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