News

ICICI Bank is currently favored by short-term investors due to its strong June quarter results, robust profit growth, and ...
The banking industry probably isn't something you think about unless it's in the news. Likewise, banks may seem like permanent fixtures, but many of them change or merge with other banks for a ...
First Citizens BancShares (FCNCA 3.96%) and CIT Group recently merged in an all-stock deal valued at $2.2 billion that will create the 19th largest bank in the U.S. First Citizens will be the ...
When the TD Bank-First Horizon merger setbacks began As part of the agreement, TD and First Horizon said the transaction would terminate if it did not close by Feb. 27, 2023 — unless the date ...
After a decade-long lull, flashy mergers between American banks are back. The announcement last week that BB&T (BBT) and SunTrust (STI) will join forces, forming the sixth-largest US bank, has ...
SouthState gains a buy rating with strong loan growth, disciplined credit, and robust NIM. Read more on the risks and uncertainties surrounding SSB and its Buy rating.
Only 112 bank mergers were announced in 2020, down 60% from a year earlier and the lowest annual tally in nearly a decade, according to data compiled by Keefe, Bruyette & Woods. Several of those that ...
The $66 billion bank mega-merger between SunTrust and BB&T that created Truist in 2019, for example, saw 820 bank branches shuttered — nearly a third of its locations — and more than 8,000 ...
This Large Bank Merger Just Got Riskier. By Bram Berkowitz – Oct 7, 2021 at 6 ... But the reason I'm a bit worried is that the stock trades as if the deal has been completed. ...
Q1FY26 results, driven by strong earnings, a maiden bonus issue, special dividend, and bullish brokerage commentary. Analysts expect improved credit growth, easing NIM pressures, and merger synergies ...
Last month, TD Bank and First Horizon abandoned their $13.3 billion merger after failing to receive regulatory approval for the deal. In response, Keith Noreika, a former top Trump administration bank ...
New York lender M&T Bank and Bridgeport-based People’s United Bank have extended the window to complete their $7.6 billion merger while they still await federal approval of the deal, the banks ...