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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.

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Nigerian digital bank FairMoney in talks to buy Umba in $20M all-stock deal, sources say

TechCrunch: M&A

FairMoney, a digital bank based in Lagos and headquartered in Paris, is in discussions to acquire Umba, a credit-led digital bank providing payroll and financial services to customers in Nigeria and Kenya, in a $20 million all-stock deal, sources tell TechCrunch.

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Europe’s banks restructure, consolidate and partner their way into the digital future

JD Supra: Mergers

Governments play a pivotal role in European bank M&A: State coffers play significant roles. . - “Challenger” bank M&A catches fire: The UK grabs headlines with Coventry Building Society’s and Nationwide Building Society’s respective acquisitions of The Co‑operative Bank and Virgin Money. By: White & Case LLP

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M&A Insights and Outlooks Regarding Financing: A Conversation with Gary Grote of Bridgepoint Investment Banking

JD Supra: Mergers

Below is his conversation with Gary Grote, Managing Director at Bridgepoint Investment Banking, which focuses on capital raising and M&A advisory solutions. Gary focuses on deals in the healthcare, leveraged finance, financial services, and real estate industries.

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FDIC Withdraws Merger Policy, Brokered Deposits Proposal

JD Supra: Mergers

James Stevens, co-leader of Troutman Pepper Lockes Financial Services Industry Group, was quoted in the March 5, 2025 Banking Dive article, FDIC Withdraws Merger Policy, Brokered Deposits Proposal.. By: Troutman Pepper Locke

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IT outsourcing for financial services companies: key benefits

Global Banking & Finance

IT outsourcing for financial services companies: key benefits By Oksana Wojtkiewicz, Head of Sales & Marketing at Solwit For over 15 years, Oksana has advised clients on the most effective technology solutions to take their businesses to the next level.

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The AI revolution: How financial services can utilise automation

Global Banking & Finance

The AI revolution: How financial services can utilise automation By Devashish Mishra, Head of Solutions – Europe, Persistent Systems Over the past few years, artificial intelligence (AI) has been reshaping various sectors, including the financial services industry.