mergers

Yellen Reportedly Says Banking Industry May Need More Mergers

Yellen Reportedly Says Banking Industry May Need More Mergers
Yellen Reportedly Says Banking Industry May Need More Mergers
May 19, 2023  |  Banking

There may be more bank mergers on the way. Treasury Secretary Janet Yellen told bank executives Thursday (May 18) that the industry may need more mergers, CNN reported...

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Regulators’ Concerns About TD Bank’s AML Practices Reportedly Ended Merger
Regulators’ Concerns About TD Bank’s AML Practices Reportedly Ended Merger
May 08, 2023  |  Bank Regulation

Regulators’ concerns about TD Bank’s anti-money laundering (AML) practices reportedly ended its plans to acquire First Horizon Bank. The concerns of the Office of the...

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TD Bank and First Horizon Scrap $13.4 Billion Merger
TD Bank and First Horizon Scrap $13.4 Billion Merger
May 04, 2023  |  Partnerships

TD Bank and First Horizon Bank have called off their $13.4 billion merger. The financial institutions announced the end to their agreement in a joint...

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MoneyGram Pushes Back Expected Date of Planned Sale
MoneyGram Pushes Back Expected Date of Planned Sale
May 01, 2023  |  Partnerships

MoneyGram has pushed back the expected date of its planned sale. The firm and the intended buyer, venture capital firm Madison Dearborn Partners (MDP), now...

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FinFit and Salary Finance Merge and Integrate Financial Wellness Offerings
FinFit and Salary Finance Merge and Integrate Financial Wellness Offerings
April 05, 2023  |  Partnerships

FinFit and Salary Finance U.S. have merged and will integrate their financial wellness employee benefits. The combined organization will operate under the FinFit brand. Its...

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Global M&A Volumes Drop by 48% in First Quarter
Global M&A Volumes Drop by 48% in First Quarter
March 31, 2023  |  Partnerships

Global mergers and acquisitions (M&A) volumes dropped by 48% year over year in the first quarter. As of Thursday (March 30), M&A volumes for the...

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Kroger-Albertsons Merger Could Give Walmart Shoppers a Low-Cost Grocery Alternative
Kroger-Albertsons Merger Could Give Walmart Shoppers a Low-Cost Grocery Alternative
March 28, 2023  |  Partnerships

Consumers are already bracing for another year of higher food prices, with U.S. shoppers continuing to seek deals and trading quality for quantity. While Walmart...

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Digital Bank Zopa Looks to M&As After $93M Fundraise
Digital Bank Zopa Looks to M&As After $93M Fundraise
February 02, 2023  |  Banking

U.K. digital bank Zopa is looking to expand after raising $93 million in an equity round. The funding, announced Thursday (Feb. 2) in a news...

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