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New charters were once an integral piece of the bank M&A food chain, allowing bankers to start anew after selling their institutions. Do novo banking has all but dried up, and the dearth of startups has made executives hesitant to sell their banks.
August 11 -
Paula Johannsen was the most-active financial adviser at midyear with six mergers under her belt. In a wide-ranging interview, she discusses Florida M&A, compliance delays and the reasoning behind mergers of equals.
August 11 -
Higher capital requirements, sluggish GDP growth and antiquated cost structures are stymying banks efforts to boost returns to investors. This will likely lead to a boom in mergers and acquisitions over the next decade, writes Richard J. Parsons.
August 12 -
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Former Federal Reserve Vice Chair for Supervision Randal Quarles, who served during President Trump's first term, said members of the Fed board should be removable by the president, but that the decentralized structure of the Fed will ensure that monetary policy decisions remain sound.
April 10 -
The tokenization platform provider, which has a nonbinding agreement with NYSE and is aiming for a public debut, promoted former SEC Trading and Markets Director Brett Redfearn to the role.
April 10 -
Deutsche Bank is raising the base pay of Supervisory Board Chairman Alexander Wynaendts by 21%, Wells Fargo has hired Neil Ghosh as head of chemicals investment banking, Bank of America's Alexandre Bettamio is being considered for chief executive officer of Brazilian stock and derivatives exchange B3 SA, and more in this week's banking news roundup.
April 10 -
The White House Office of Management and Budget will issue paperwork allowing the Treasury Department to disburse congressionally appropriated funds through the Community Development Financial Institutions Fund, breaking an impasse that has stalled funding for months.
April 10 -
The industry reported $275 million in losses from internet crimes last year, a 59% annual increase as losses nationwide surpassed $20 billion.
April 10 -
In a strategic shift, the Walnut Creek-based company has tapped a trio of former PacWest executives to fill its top three management positions.
April 10










