Plans by Britain's financial regulator to require firms to set targets for improving diversity could be c...
APAC finance M&A set to pick up after hitting 10-year low in 2023
Deal activity in the Asia-Pacific finance sector is set to gradually pick up after multiple factors, including high interest rates and a challenging...
Deal activity in the Asia-Pacific finance sector is set to gradually pick up after multiple factors, including high interest rates and a challenging...
Article / 3 months ago
Banc of California-PacWest secure unusually swift deal close
Banc of California Inc. closed its $1.04 billion acquisition of PacWest Bancorp in just 128 days, the eighth-fastest closing among US bank deals with a value above $1 billion in the past 20 years....
Banc of California Inc. closed its $1.04 billion acquisition of PacWest Bancorp in just 128 days, the eighth-fastest closing among US bank deals with a value above $1 billion in the past 20 years....
Article / 5 months ago
US bank deal discussions buzzing despite rate mark pain
High interest rates and long regulatory approval timelines are still making it hard to close deals, but bankers believe those same factors will soon lead to a wave of consolidation....
High interest rates and long regulatory approval timelines are still making it hard to close deals, but bankers believe those same factors will soon lead to a wave of consolidation....
Article / 6 months ago
What led to the TD-First Horizon deal termination
During the height of the bank turmoil in the spring, regulators let Toronto-Dominion Bank know its acquisition of First Horizon Corp. would face longer delays....
During the height of the bank turmoil in the spring, regulators let Toronto-Dominion Bank know its acquisition of First Horizon Corp. would face longer delays....
Article / 7 months ago
Banc of California, PacWest tie-up likely to receive warm regulatory welcome
PacWest Bancorp and Banc of California Inc.'s proposed merger is unlikely to face serious regulatory hurdles, potentially setting it up to serve as a...
PacWest Bancorp and Banc of California Inc.'s proposed merger is unlikely to face serious regulatory hurdles, potentially setting it up to serve as a...
Article / 9 months ago
US PE deal value in mainland China up in Q2 2023; transaction volume still down
US private equity and venture capital investments in mainland China were up significantly in the second quarter, reversing a consistent quarterly decline...
US private equity and venture capital investments in mainland China were up significantly in the second quarter, reversing a consistent quarterly decline...
Article / 9 months ago
Fintech M&A Deal Tracker: Building a pipeline as slowdown persists
A slowdown in financial technology sector deal flow is lingering, with a wait-and-see sentiment extending into the second half of the year....
A slowdown in financial technology sector deal flow is lingering, with a wait-and-see sentiment extending into the second half of the year....
Article / 9 months ago
Deal for failed Silicon Valley carries record estimated cost to FDIC at $20B
First Citizens BancShares Inc.'s purchase and assumption agreement for certain assets and liabilities of Silicon Valley Bridge Bank NA is the government-assisted deal with the largest-ever estimated cost to the Federal Deposit Insurance Corp.
First Citizens BancShares Inc.'s purchase and assumption agreement for certain assets and liabilities of Silicon Valley Bridge Bank NA is the government-assisted deal with the largest-ever estimated cost to the Federal Deposit Insurance Corp.
Article / 1 year ago
Credit Suisse-UBS shotgun merger brings execution, legal risk
The emergency takeover of Credit Suisse Group AG opens up UBS Group AG to significant risks as it embarks on a costly turnaround of its troubled peer....
The emergency takeover of Credit Suisse Group AG opens up UBS Group AG to significant risks as it embarks on a costly turnaround of its troubled peer....
Article / 1 year ago
HSBC buying Silicon Valley Bank UK offers wins all around
The acquisition of Silicon Valley Bank's U.K. business will increase HSBC's scale in the technology and life science sectors....
The acquisition of Silicon Valley Bank's U.K. business will increase HSBC's scale in the technology and life science sectors....
Article / 1 year ago
