The incoming Biden administration must take steps to block mergers that could create monopolies, such as Visa's pending acquisition of a competitor.

Acquirers shelved plans to buy banks this year as the coronavirus became widespread, but a combination of factors could spur the confidence to restart those conversations in the months ahead.

Thanks to a frenzy of transactions in the past week, 2020 is already the second-busiest year since the financial crisis for deals involving banks, financial technology companies, insurers and asset managers.

Members of tiny Gloucester Municipal CU are set to vote early next year on whether to join Metro Credit Union.

The U.K. banking giant is reportedly mulling an exit from retail banking in the United States. It could attract more interest if it tries to sell its network in pieces instead of looking for a single buyer, analysts say.

The companies took a pause from merger discussions when the pandemic hit to evaluate their individual circumstances.

Visa insists that the Department of Justice, in objecting to its proposed $5.3 billion purchase of Plaid, fundamentally misunderstands the changing role of data in the payments industry.

The Massachusetts company, which had a big second-quarter loss after writing down the goodwill tied to past acquisitions, will sell eight branches to Investors Bancorp and shutter 16.

The company agreed to acquire a Colorado plan provider that operates as RPS Plan Administration and 24HourFlex.

Grab Holdings Inc. and Gojek have made substantial progress in working out a deal to combine their businesses in what would be the biggest internet merger in Southeast Asia, according to people with knowledge of the talks.