JD Supra: Mergers

OCTOBER 18, 2024

Regulators seek to provide clarity and transparency on the bank merger review process, but changes may increase application complexity and unpredictability. By: Latham & Watkins LLP

Mergers 167

Mergers Banking Bank Insurance 167

JD Supra: Mergers

OCTOBER 22, 2024

The House of Commons has published a written statement by Tulip Siddiq, Economic Secretary to HM Treasury, on the status of reforms to the bank ring-fencing regime. banking sector and support economic growth, while maintaining financial stability. Ms Siddiq states that the U.K.

Banking 172

Banking Bank Economics Government 172

TechCrunch: M&A

JUNE 26, 2024

Hyperplane focused on allowing banks to train their own models to power tools across their risk, collections and marketing departments. © 2024 TechCrunch. All rights reserved. For personal use only.

Bank 266

Bank Banking Mergers and Acquisitions Acquisitions 266

JD Supra: Mergers

SEPTEMBER 23, 2024

The Office of the Comptroller of the Currency (OCC) released guidance regarding its planned changes to the Bank Merger Act (BMA). The New Rule: Explicitly adds financial stability as a key factor for assessing mergers, reflecting the growing concerns about potential risks from mergers involving large or systemically important banks.

Mergers 167

Mergers Banking Bank IT 167

JD Supra: Mergers

SEPTEMBER 30, 2024

Department of Justice (DOJ) have coordinated the release of new policies that will govern each agency’s consideration of bank merger transactions. For example, the two banking agencies’ policy.

Banking 130

Banking Bank Mergers Government 130

JD Supra: Mergers

OCTOBER 4, 2024

Governments play a pivotal role in European bank M&A: State coffers play significant roles. . Governments play a pivotal role in European bank M&A: State coffers play significant roles. By: White & Case LLP

Bank 187

Bank Banking M&A Financial Services 187

JD Supra: Mergers

MAY 29, 2024

The Bank of England’s Financial Policy Committee (FPC) and the Prudential Regulation Authority (PRA) recently delivered a series of speeches1 raising their concerns about the evolution of private equity financing and the banking sector’s exposure to the private equity industry.

Private Equity 275

Private Equity Finance Finance Equities 275

JD Supra: Mergers

SEPTEMBER 23, 2024

On September 17, 2024, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) issued formal statements of policy on reviewing transactions under the Bank Merger Act (BMA).

Mergers 167

Mergers Bank Banking Insurance 167

JD Supra: Mergers

SEPTEMBER 19, 2024

Yesterday, both the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) finalized new guidelines regarding bank mergers. According to the agencies, these updates aim to enhance transparency and provide clearer guidance on the evaluation of merger applications under the Bank Merger Act (BMA).

Mergers 172

Mergers Bank Banking Insurance 172

JD Supra: Mergers

OCTOBER 4, 2024

On September 17, 2024, the Federal Deposit Insurance Corporation (“FDIC”) and the Office of the Comptroller of the Currency (“OCC”) issued final “statements of policy” for transactions subject to the Bank Merger Act (“BMA”). By: Paul Hastings LLP

Mergers 167

Mergers Banking Bank Insurance 167

JD Supra: Mergers

SEPTEMBER 26, 2024

The FDIC, the OCC and the Justice Department earlier this month issued updated standards for bank mergers. The three agencies acted separately, although officials noted that they had worked with the other agencies involved. By: Ballard Spahr LLP

Mergers 187

Mergers Banking Bank 187

JD Supra: Mergers

SEPTEMBER 23, 2024

On September 17, the OCC approved a final rule amending its procedures for reviewing applications under the Bank Merger Act. The rule will aim to provide clearer guidelines for institutions regarding the OCC’s review process for bank mergers and ensure institutions remain relevant in the current financial landscape.

Mergers 149

Mergers Bank Banking IT 149

JD Supra: Mergers

MAY 17, 2024

Bank for International Settlements. On April 30, 2024, Bank of International Settlements issued updated guidance on counterparty credit risk management. Credit risk management. By: Davis Wright Tremaine LLP

Bank 187

Bank Banking Risk Management Management 187

JD Supra: Mergers

OCTOBER 2, 2024

On September 17, the FDIC Board approved its Final Statement of Policy on Bank Merger Transactions (SOP), updating the guidelines for evaluating bank mergers. The FDIC’s final SOP addressed the scope of transactions requiring the FDIC’s approval, the process for evaluating merger applications, and the principles.

Mergers 161

Mergers Banking Bank IT 161

JD Supra: Mergers

AUGUST 12, 2024

The FDIC is seeking comment on proposed changes to its regulation governing parent companies of industrial banks and industrial loan companies—Part 354 of the FDIC Rules and Regulations. By: Ballard Spahr LLP

Banking 182

Banking Bank Government IT 182

Global Banking & Finance

SEPTEMBER 11, 2024

LONDON (Reuters) – German bank shares were among the worst performing European equities on Tuesday, as a selloff in U.S. Deutsche Bank shares closed down 4.9%. lenders following downbeat comments from the boss of Goldman Sachs rippled through European markets.

Banking 143

Banking Bank Shares Equities 143

JD Supra: Mergers

MARCH 22, 2024

Today, a divided Federal Deposit Insurance Corporation’s (FDIC) Board of Directors issued a proposed Statement of Policy (SOP) on bank merger transactions that would create a combined bank with more than $100 billion in assets. By: Troutman Pepper

Mergers 172

Mergers Bank Banking Insurance 172

JD Supra: Mergers

FEBRUARY 8, 2024

On January 29, the Office of the Comptroller of the Currency (OCC) issued a Notice of Proposed Rulemaking for Business Combinations Under the Bank Merger Act.

Mergers 182

Mergers Banking Bank Business 182

JD Supra: Mergers

AUGUST 12, 2024

The board of directors of the Federal Deposit Insurance Corporation (“FDIC”) recently proposed a rule change that would reassert its now-dormant authority to review changes in bank control involving bank holding companies. By: Cadwalader, Wickersham & Taft LLP

Bank 172

Bank Banking Insurance Corporation 172

JD Supra: Mergers

MAY 1, 2024

and the Office of the Comptroller of the Currency recently announced proposals to update their approaches to evaluating bank mergers and other business combinations under the Bank Merger Act. The Federal Deposit Insurance Corp. Originally published by Law360 - April 26, 2024. By: WilmerHale

Mergers 161

Mergers Bank Banking Insurance 161

American Banker - Investment Banking

OCTOBER 17, 2024

The North Carolina-based company reported a surge in third-quarter investment banking and trading income, which rose nearly 80% from the year-ago quarter.

Investment Banking 115

Investment Banking Banking Bank Investment 115

CNBC: Investing

NOVEMBER 18, 2024

The billionaire investor bought $115 million worth of shares in SPDR S&P Regional Banking ETF (KRE) in the third quarter, making it his seventh biggest holding.

S&P 123

S&P Bank Banking Healthcare 123

Global Banking & Finance

NOVEMBER 7, 2024

Walldorf, Germany, November 7th, 2024, FinanceWire Backed by SAP Fioneer technology, Numisma Bank, a global currency distributor of U.S. Numisma is the first bank to receive a State of Connecticut Innovation Banking Charter, a Federal Reserve Master Account and FedCash Services. banknotes, has started their operations.

Bank 52

Bank Banking Accountant Finance 52

Global Banking & Finance

NOVEMBER 13, 2024

By Alicia Skubick, Chief Customer Officer Journalist brief for TrustPilot: The journalist is keen to hear about trust in the finance industry Everybody has a bank, they have to really, it’s a modern day essential. But not everyone trusts their bank.

Banking 52

Banking Bank Finance Finance 52

Global Banking & Finance

SEPTEMBER 27, 2023

Bank of England delays final Basel bank capital rules to July 2025 LONDON (Reuters) – The Bank of England on Wednesday said it would delay by six months to July 2025 its roll out of the final leg of international bank capital rules that began after the global financial crisis over a decade ago. The […]

Bank 124

Bank Banking Capital IT 124

Global Banking & Finance

NOVEMBER 7, 2024

Tom Gaffney, cybersecurity expert at F-Secure, shares thoughts on what financial organisations can do as UK banks must refund fraud victims up to £85,000 under new rules.

Banking 97

Banking Bank Shares Securities 97

Global Banking & Finance

NOVEMBER 13, 2024

FRANKFURT (Reuters) – Euro zone lenders may not have a full understanding of their exposure to the quickly growing private credit and equity markets, so bank supervisors plan to outline new risk management expectations, the European Central Bank said on Wednesday.

Private Equity 52

Private Equity Equities Banking Bank 52

European Investment Bank

SEPTEMBER 23, 2024

The European Investment Bank is participating in the 2X Challenge, a global initiative to improve women’s access to quality employment, support their business leadership and to provide them access to finance. As part of that initiative, we work with financial partners to promote 2X challenge goals.

Investment Banking 94

Investment Banking Finance Finance Investment 94

American Banker - Investment Banking

MAY 13, 2024

What lies ahead for the banking industry this year? Here's what analysts and investors are tracking after the latest bank earnings reports.

Investors 119

Investors Bank Banking Investment Banking 119

Global Banking & Finance

OCTOBER 23, 2024

By John Da Gama-Rose, Head of Banking & Financial Services for Global Growth Markets at Cognizant / Nageswar Cherukupalli, Senior Vice President, Head of Banking & Financial Services, Americas, Cognizant The year is 2035. After being […]

Banking 52

Banking Bank Financial Services Finance 52

CNBC: Investing

NOVEMBER 14, 2024

The bank said Amazon's new offering can "mitigate headwinds."

Bank 117

Bank Banking IT 117

Global Banking & Finance

OCTOBER 29, 2024

By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England will cut its Bank Rate by a quarter-point on Nov. 7 to 4.75%, according to all 72 economists polled by Reuters, but a near-two-thirds majority expect no move in December, suggesting the BoE will stick to a cautious approach.

Banking 52

Banking Bank IT 52

Global Banking & Finance

NOVEMBER 7, 2024

Geneva, Switzerland, November 7th, 2024, FinanceWire Dukascopy Bank proudly celebrates 20 years of empowering traders and banking clients worldwide.

Banking 52

Banking Bank Trading IT 52

Global Banking & Finance

OCTOBER 9, 2024

You’re not alone if you’ve ever wondered how online banking works. Are online banks safe, and is this approach suitable for your needs? With its convenience and accessibility, more people are using digital platforms to manage their finances. But how does it function, and what steps are required to set up an account?

Banking 59

Banking Bank Accountant Finance 59

Global Banking & Finance

NOVEMBER 13, 2024

By Valerie Volcovici and Virginia Furness BAKU (Reuters) – COP29 negotiators welcomed a pledge by major development banks to lift funding to poor and middle-income countries struggling with global warming as an early boost to the two-week summit.

Banking 52

Banking Bank Finance Finance 52

Global Banking & Finance

NOVEMBER 11, 2024

LONDON (Reuters) – Spain’s former central bank governor, Pablo Hernandez de Cos, was picked on Monday to lead the Bank for International Settlements, the near century-old institution that brings together rate-setters from around the world.

Banking 40

Banking Bank Management 40

Mergers and Inquisitions

OCTOBER 16, 2024

“Why investment banking?” and there’s now an overwhelming amount of information online about investment banking. I’ll explain these points here and suggest specific answers to “Why investment banking?” but I’ll start with the short version: Table Of Contents Why Investment Banking: The Short Version “Why Investment Banking?”

Investment Banking 111

Investment Banking Banking Bank Investment 111