M&A
M&A
-
The Bank of New York Mellon and Japan's Mizuho Bank entered an agreement to grant their corporate clients access to the other's international trade network; New York-based lender Kapitus acquired Ten Oaks Commercial Capital; North Carolina's First Carolina Bank agreed to acquire Pennsylvania's BM Technologies; and more in this week's banking news roundup.
October 25 -
New York Attorney General Letitia James asked a state court for permission to issue subpoenas to Capital One as part of an ongoing antitrust probe by the state,
October 24 -
Y-12 Federal Credit Union in Oak Ridge, Tennessee, said it would acquire First State Bank of the Southeast in Middlesboro, Kentucky. It was the 19th such deal announced this year.
October 23 -
Other acquisitive executives, however, say that interest rate cuts have hastened already-active deal discussions, as more banks seek scale and business line diversity.
October 22 -
The lender will combine its global commercial and institutional banking operations and is creating a new international wealth and premier banking business. HSBC also named Pam Kaur as its first female CFO.
October 22 -
The merged company's footprint would cover what Atlantic Union CEO John Asbury has called the golden crescent, stretching from Baltimore south to Hampton Roads.
October 21 -
Deutsche Bank hired UBS' Aly Alibhai to head North American mergers and acquisitions; National Bankshares promoted Lara Ramsey to president; Apple Pay users in the U.S. and U.K. now have a pay later option through Klarna; and more in this week's banking news roundup.
October 18 -
Berkshire Hathaway reaped about $370 million selling the stock, marking Warren Buffett's 16th round of disposals since mid-July.
October 18 -
The Swedish company struck a deal to offload buy-now, pay-later loans that it originates in the U.K. as it looks for ways to free up capital ahead of its public debut.
October 16 -
Canaccord Genuity Group hires Nadine Ahn, who was fired from Royal Bank of Canada in April; Citigroup establishes a new banking executive team to oversee its commercial and investment banking work under Vis Raghavan; and more in this week's banking news roundup.
October 11
