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...
Capital One says its planned $35.3 billion purchase of Discover will boost competition. That’s according to a report Thursday (March 21) by Reuters, citing information shared by a...
The EMEA DisrupTech conference in London, convened by Citigroup, reportedly spotlighted the burgeoning environment for mergers and acquisitions (M&A) in 2024. The event assembled 48...
The U.K. bank Nationwide Building Society is set to acquire Virgin Money for $2.7 billion. The boards of the two companies reached a preliminary agreement to the deal on Thursday...
Mergers are born of the principle that a combination of enterprises is greater than the sum of the respective parts. Chuck Fagan, president and CEO...
GoTo has denied that it is in merger talks with Grab Holdings. The company said in a Tuesday (Feb. 13) filing that it “is not having any discussion on...
Southeast Asian ride-hailing and food-delivery companies Grab Holdings and GoTo Group are reportedly in talks to merge. The companies are in preliminary discussions and are exploring various scenarios for...
Payments technology firm Worldpay has begun life as an independent business. The company announced Thursday (Feb. 1) that former owner FIS had finalized the sale of Worldpay to private equity firm GTCR,...