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FDIC, OCC, and DOJ Update Guidance on Bank Merger Evaluations

JD Supra: Mergers

Last week, each of the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the Department of Justice Antitrust Division (DOJ) revised how they will review bank mergers. Our Financial Services and Antitrust teams highlight what banks considering mergers should know about the changes.

Mergers 309
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Provident Financial Services, Inc. Receives FDIC and New Jersey Department of Banking and Insurance Approvals for its Merger with Lakeland Bancorp, Inc.

Global Newswire by Notified: M&A

March 25, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. NYSE:PFS) (“Provident”), the parent company of Provident Bank, and Lakeland Bancorp, Inc. ISELIN, N.J. and OAK RIDGE, N.J.,

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Provident Financial Services, Inc. Receives FDIC and New Jersey Department of Banking and Insurance Approvals for its Merger with Lakeland Bancorp, Inc.

Global Newswire by Notified: M&A

March 25, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. NYSE:PFS) (“Provident”), the parent company of Provident Bank, and Lakeland Bancorp, Inc. ISELIN, N.J. and OAK RIDGE, N.J.,

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The Top Insurance Agency Investment Banks of 2024

Sica Fletcher

Our research team’s latest report compares the top insurance agency investment banks of 2024. Insurance Agency Investment Banks: Investment banks that specialize in the insurance industry. Insurance Agency Investment Banks: Investment banks that specialize in the insurance industry.

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Artificial Intelligence (AI) in Banking, Financial Services, and Insurance (BFSI) Market to Surpass USD 180.93 Billion by 2031 | SkyQuest Technology

Global Newswire by Notified: M&A

Westford, USA, May 14, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the Global Artificial Intelligence (AI) in Banking, Financial Services, and Insurance (BFSI) Market will attain a value of USD 180.93 billion by 2031, with a CAGR of 31.8% over the forecast period (2024-2031).

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Ignore the hype when evaluating GenAI

Global Banking & Finance

By Craig Mackereth, EVP, Global Service Delivery, Rimini Street Financial Services (FS) companies have been quick to embrace artificial intelligence (AI) as they look for a competitive advantage.

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Wayne Savings Bancshares, Inc. and Main Street Financial Services Corp. Receive Regulatory Approval for Merger

Global Newswire by Notified: M&A

(OTCQX: WAYN) ("Wayne"), the holding company of Wayne Savings Community Bank and Main Street Financial Services Corp. OTCPK: MSWV) ("Main Street"), the holding company of Main Street Bank Corp., jointly announced today that approval has been received from the Federal Reserve Bank, The Federal Deposit Insurance Corp.,