mergers

FDIC’s Resolution Rule Spotlights Specter of Large Bank Failures and Megamergers
FDIC’s Resolution Rule Spotlights Specter of Large Bank Failures and Megamergers
June 21, 2024  |  Bank Regulation

Last year marked a seismic shift in financial services — as five bank failures tested the ways and means at the disposal of government and...

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UK Antitrust Regulator Won’t Investigate Microsoft-Mistral AI Partnership
UK Antitrust Regulator Won’t Investigate Microsoft-Mistral AI Partnership
May 17, 2024  |  Regulation

The United Kingdom’s Competition and Markets Authority (CMA) will not investigate Microsoft’s partnership with artificial intelligence (AI) startup Mistral AI. “The CMA has decided that...

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BNP Paribas CEO Jean-Laurent Bonnafé: Europe’s Regulations Limit Bank Mergers
BNP Paribas CEO Jean-Laurent Bonnafé: Europe’s Regulations Limit Bank Mergers
May 14, 2024  |  Banking

BNP Paribas CEO Jean-Laurent Bonnafé reportedly expressed skepticism about the potential for a revival of mergers and acquisitions (M&A) activity in European banking. Speaking Tuesday...

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CFPB Head Wary of Big Credit Card Mergers
CFPB Head Wary of Big Credit Card Mergers
April 24, 2024  |  Credit Cards

America’s leading consumer finance watchdog is skeptical about giant mergers between credit card companies. Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra expressed these worries in a Wednesday...

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Report: Flink Raising Money from Investors, Discussing Merger With Rivals
Report: Flink Raising Money from Investors, Discussing Merger With Rivals
April 17, 2024  |  Investments

German grocery delivery startup Flink is reportedly receiving another 100 million euros ($106.7 million) from investors to extend its runway and try to outlast its competitors....

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Nuvei Sale Hints at Private Deals and Consolidation in Payments’ Future
Nuvei Sale Hints at Private Deals and Consolidation in Payments’ Future
April 02, 2024  |  Partnerships / Acquisitions

2019, the year of the payments industry mega-deals, seems long ago and far away. Before the pandemic, the headlines were awash in waves of verticalization,...

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Walmart to Refile Forms About Proposed Vizio Acquisition Friday
Walmart to Refile Forms About Proposed Vizio Acquisition Friday
March 29, 2024  |  Acquisitions

Walmart expects to refile forms about its planned acquisition of smart television maker Vizio Friday (March 29). The retailer withdrew its previous Hart-Scott-Rodino (HSR) notification...

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‘Mega-Deals’ More Than Double Following M&A Drought
‘Mega-Deals’ More Than Double Following M&A Drought
March 28, 2024  |  Acquisitions

After a drought, the merger and acquisition (M&A) landscape is in bloom. Major M&A deals — agreements worth at least $10 billion — more than doubled during...

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Shareholders Approve Merger Plan of Pennsylvania Banks Peoples and FNCB
Shareholders Approve Merger Plan of Pennsylvania Banks Peoples and FNCB
March 22, 2024  |  Banking

Peoples Financial Services Corp. and FNCB Bancorp have received shareholder approval for their previously announced plans to merge. This approval was given Friday (March 22) at special...

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