JD Supra: Mergers

AUGUST 9, 2024

On July 30, 2024, the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) approved a Notice of Proposed Rulemaking to amend the agency’s regulations under the Change in Bank Control Act (the Proposal). By: Latham & Watkins LLP

Bank 188

Bank Banking Asset Management Insurance 188

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. By: Troutman Pepper

Mergers 177

Mergers Bank Banking Insurance 177

JD Supra: Mergers

APRIL 5, 2024

On March 21, 2024, the Federal Deposit Insurance Corporation (“FDIC”) issued its proposed Statement of Policy on Bank Merger Transactions (the “Proposal”) for public comment.

Insurance 192

Insurance Mergers Bank Banking 192

JD Supra: Mergers

APRIL 11, 2024

On March 21, 2024, the Federal Deposit Insurance Corporation (“FDIC”) approved a Federal Register notice seeking public comment on its proposal to revise its current Statement of Policy on Bank Merger Transactions.

Mergers 177

Mergers Bank Banking Insurance 177

JD Supra: Mergers

OCTOBER 18, 2024

Consistent with ongoing initiatives to strengthen US antitrust regulation, the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the Department of Justice (DOJ) recently announced changes that may reshape the landscape of bank mergers.

Mergers 171

Mergers Bank Banking Insurance 171

Business Standard - FInance

JUNE 5, 2023

The Indian Railway Catering and Tourism Corporation (IRCTC) provides an optional travel insurance policy for passengers buying tickets from its online portal.

Insurance 98

Insurance Corporation IT 98

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.

Bank 177

Bank Banking Insurance Corporation 177

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”).

Mergers 171

Mergers Bank Banking Insurance 171

Global Newswire by Notified: M&A

JULY 24, 2024

July 24, 2024 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB) (“ACNB” or the “Corporation”), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., GETTYSBURG, Pa., and Traditions Bancorp, Inc.

Corporation 89

Corporation Acquisitions Mergers and Acquisitions Insurance 89

JD Supra: Mergers

SEPTEMBER 26, 2024

17, 2024, the Federal Deposit Insurance Corporation (FDIC) Board met to finalize an updated approach to increase scrutiny of bank mergers, particularly those that would result in a bank with over $100 billion in assets.

Mergers 177

Mergers Bank Banking Insurance 177

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 171

Mergers Bank Banking Insurance 171

JD Supra: Mergers

APRIL 5, 2024

On March 21, the Federal Deposit Insurance Corporation (FDIC) published for comment a proposal (Proposal) to revise its Statement of Policy on Bank Merger Transactions (SOP). If adopted as proposed, the Proposal would modify the SOP substantially, effectively creating an entirely new policy.

Mergers 165

Mergers Bank Banking Insurance 165

Razorpay

JULY 25, 2023

Corporate accounting is a special kind of accounting meant for businesses to record and monitor money movement. Knowing how corporate accounting works and its role in facilitating the growth of a business is important because it plays a fundamental role in the smooth functioning of business financials. What is Corporate Accounting?

Accountant 98

Accountant Corporation Financial Statement Business 98

The New York Times: Mergers, Acquisitions and Dive

MAY 8, 2023

Large health insurers and other companies are especially keen on doctors’ groups that care for patients in private Medicare plans.

Corporation 99

Corporation Insurance Mergers and Acquisitions Medical 99

JD Supra: Mergers

APRIL 4, 2024

The Federal Deposit Insurance Corporation (“FDIC”) recently published a Federal Register notice seeking public comment on proposed revisions to the FDIC’s Statement of Policy on Bank Merger Transactions (the “SOP”).

Mergers 127

Mergers Bank Banking Insurance 127

JD Supra: Mergers

APRIL 4, 2024

On March 21, 2024, the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) approved Proposed Revisions to its Statement of Policy on Bank Merger Transactions (the Proposal). By: Latham & Watkins LLP

Mergers 132

Mergers Bank Banking Insurance 132

Global Newswire by Notified: M&A

MARCH 25, 2024

(Nasdaq: LBAI) (“Lakeland”), the parent company of Lakeland Bank, today announced receipt of regulatory approvals from the Federal Deposit Insurance Corporation and the New Jersey Department of Banking and Insurance for Provident and Lakeland to complete their previously announced merger.

Financial Services 81

Financial Services Insurance Mergers Bank 81

Global Newswire by Notified: M&A

SEPTEMBER 18, 2023

18, 2023 (GLOBE NEWSWIRE) -- World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of Ellsworth Corporation (“Ellsworth”) of Metairie, LA on September 1, 2023. Iselin, NJ, Sept. Terms of the transaction were not disclosed.

Insurance 40

Insurance Corporation Risk Management Management 40

Business Standard - FInance

JUNE 16, 2023

Life Insurance Corporation of India (LIC), Kotak Mahindra Bank, Indian Oil Corporation, Hero MotoCorp, Hindustan Aeronautics were the most sold

Insurance 98

Insurance Corporation Bank Banking 98

The New York Times: Banking

MAY 14, 2024

A scathing report revealed a culture of widespread sexual harassment and discrimination at the Federal Deposit Insurance Corporation. Martin Gruenberg will testify on Capitol Hill starting on Wednesday.

Insurance 89

Insurance Bank Banking Corporation 89

Global Banking & Finance

AUGUST 15, 2024

In the complex world of corporate finance and insurance, where innovation meets regulation, the Restricted Property Trust (RPT) stands out as a beacon of strategic brilliance.

Insurance 59

Insurance Finance Finance Corporate Finance 59

Global Newswire by Notified: M&A

JULY 2, 2024

July 02, 2024 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) announced today that it has sold the assets of Renasant Insurance, Inc. to Sunstar Insurance Group, LLC (“Sunstar”) effective as of July 1, 2024. TUPELO, Miss.,

Insurance 40

Insurance Sale Corporation IT 40

Deal Lawyers

JULY 26, 2023

The key takeaways from […]

M&A 100

M&A Private Equity Investment Banking Advisory 100

Global Newswire by Notified: M&A

MARCH 25, 2024

(Nasdaq: LBAI) (“Lakeland”), the parent company of Lakeland Bank, today announced receipt of regulatory approvals from the Federal Deposit Insurance Corporation and the New Jersey Department of Banking and Insurance for Provident and Lakeland to complete their previously announced merger.

Financial Services 56

Financial Services Insurance Mergers Bank 56

Global Newswire by Notified: M&A

NOVEMBER 12, 2024

GETTYSBURG, Pa.,

Corporation 45

Corporation Insurance Bank Banking 45

Shearman & Sterling

SEPTEMBER 26, 2017

In so holding, the Court agreed with plaintiffs that the surviving bank, BCB, had inherited Pamrapo's D&O policy following the merger in accordance with the New Jersey Business Corporation Act ("NJBCA"). Read more

Insurance 52

Insurance Bank Banking Mergers 52

The New York Times: Banking

JANUARY 12, 2024

JPMorgan Chase, Bank of America and Wells Fargo reported healthy quarterly profits despite having to pay to replenish the industry’s deposit insurance fund.

Bank 96

Bank Banking Insurance Profitability 96

Razorpay

MAY 23, 2023

Corporate banking provides businesses financial services like account holding, loans, capital, vendor management, and more. Corporate banking and retail banking might provide similar services but are vastly different. These banks are not made to manage the finances of a rapidly growing business or big corporations.

Retail 52

Retail Corporation Bank Banking 52

Global Newswire by Notified: M&A

JULY 21, 2023

The health insurance market is segmented based on the service provider, product type, network provider, end user and region. Based on product type, it is segmented as medical insurance and critical illness insurance. Based on product type, it is segmented as medical insurance and critical illness insurance.

Insurance 40

Insurance Medical Corporation IT 40

Razorpay

MARCH 18, 2024

What is Corporate Account? A corporate account is a bank account one can open in the name of a business. Every small business that is required to pay tax should have a corporate bank account for business banking and its numerous benefits. Read on to learn the vital details associated with a corporate bank account.

Accountant 52

Accountant Corporation Bank Banking 52

Global Newswire by Notified: M&A

FEBRUARY 3, 2025

03, 2025 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB), the parent financial holding company of ACNB Bank, a Pennsylvania state-chartered, FDIC-insured community bank, headquartered in Gettysburg, PA, announced the completion of the acquisition of Traditions Bancorp, Inc. GETTYSBURG, Pa.,

Corporation 40

Corporation Acquisitions Mergers and Acquisitions Bank 40

PE Hub

MARCH 11, 2024

The fund's investors include public and corporate pensions, sovereign funds, foundations, insurance companies, family offices and RIAs across the U.S., Europe, Asia and the Middle East. The post GoldenTree racks up over $1.35bn for private credit fund appeared first on PE Hub.

Funds 65

Funds Insurance Corporation Investors 65

PE Hub

JANUARY 16, 2024

Credit Fund IV's investors include state and county pension funds, corporate pension funds, sovereign wealth funds, endowments, foundations and insurance companies. The post KSL Capital Partners wraps up fourth credit fund at $1.26bn appeared first on PE Hub.

Funds 64

Funds Capital Insurance Corporation 64

Global Newswire by Notified: M&A

MAY 14, 2024

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 As a result, investments in AI technology by banks, corporations, insurers and other financial institutions worldwide have soared.

Financial Services 40

Financial Services Insurance Bank Banking 40

How2Exit

MARCH 12, 2023

Concept 3: Document and insure Ownership One of the most important elements of planning for sale is to document and insure ownership. In addition to documenting ownership, it is also important to insure ownership. It is also important to have an attorney review the corporate bylaws and make any necessary amendments.

M&A 130

M&A Business Insurance Mergers and Acquisitions 130

Cooley M&A

SEPTEMBER 30, 2021

The Lawyer has shortlisted Cooley for Transatlantic Corporate Team of the Year as part of its annual awards, which will take place virtually on November 2. The criteria considered in the selection process include the deal’s background, execution and process, and outcomes and successes.

Corporation 40

Corporation Private Equity IPO M&A 40

Shearman & Sterling

SEPTEMBER 26, 2017

In so holding, the Court agreed with plaintiffs that the surviving bank, BCB, had inherited Pamrapo's D&O policy following the merger in accordance with the New Jersey Business Corporation Act ("NJBCA"). Read more

Insurance 40

Insurance Bank Banking Mergers 40