Law 360 M&A

MARCH 13, 2024

After a year of economic downturns, some banks and their fintech partners are realizing they may have rushed to the altar without a good prenup, but planning ahead can curb both foreseeable and unexpected issues in the event of a termination of a bank-fintech card-issuing agreement, say Andrew Grant at Ketsal and Richard Malish at Community Federal (..)

Banking 52

Banking 52

Harvard Corporate Governance

SEPTEMBER 27, 2023

During the first half of 2023, financial institutions faced their most challenging period in more than a decade, even calling into question the viability of the regional banking model. At the same time, activist campaigns targeting financial institutions increased by more than 60% year-over-year during the first half of the year.

Banking 152

Banking 152

Harvard Corporate Governance

MARCH 25, 2022

central bank, expanded dramatically. They are content with a largely reactive central bank that preserves the integrity of a sprawling private financial sector. If the Fed is able to create money to boost asset prices and save financial firms, why shouldn’t it directly tackle problems that hurt ordinary households and businesses?

Banking 217

Banking 217

Global Finance

MAY 3, 2023

After disrupting most of the tech and digital world over the past few decades, Apple is now turning to the banking sector. The Cupertino, California-based iPhone maker recently teamed up with Goldman Sachs to launch a high-yield savings account, promising.

Banking 95

Banking 95

Avanade

JULY 4, 2022

Banks need to focus on how they can support the customer to save more and maximise investment, which has the potential to increase trust and loyalty.

Banking 98

Banking 98

Reynolds Holding

APRIL 10, 2024

In a recent opinion piece in the Washington Post , former FDIC Chair Sheila Bair and leading British bank historian Charles Goodhart argued in favor of the executive compensation clawback provision in the proposed RECOUP Act , which we analyzed here. 1 Some or all of these increased costs could be passed on to bank customers.

Banking 45

Banking Equity Finance 45

Brian DeChesare

JUNE 21, 2023

Investment banking in Dubai stands out for attracting remarkable hype on social media. Specifically, should you aim for entry-level investment banking roles in Dubai rather than London, New York, or other financial centers? Investment Banking in Dubai: The Top Banks The usual U.S. are much less active.

Banking 96

Banking Start-ups Finance Equity 96

John Jenkins

FEBRUARY 5, 2024

Late last month, the OCC announced proposed changes to its rules regarding business combinations involving national banks and federal savings associations. This overview describes two proposed amendments to the OCC’s procedures: – Remove provisions related to expedited review.

Banking 49

Banking 49

Benzinga

DECEMBER 15, 2023

15, 2023 (GLOBE NEWSWIRE) -- Piedmont Financial Holding Company, the parent company of Piedmont Federal Savings Bank ("Piedmont Federal"), and Wake Forest Bancshares, Inc. OTC: WAKE ), the parent company of Wake Forest Federal Savings and Loan Association ("Wake Forest Federal"), announced that Wake Forest Bancshares, Inc.'s

Banking 40

Banking Marketability 40

Benzinga

JANUARY 30, 2024

This merger will expand WaFd Bank's footprint to nine western states with the addition of ten California branches of Luther Burbank. and WaFd Bank Boards of Directors. As previously announced, WaFd will be welcoming two directors from Luther Burbank to join the WaFd, Inc. Mr. Brad Shuster and Mr. Max Yzaguirre will join.

Banking 40

Banking 40

Benzinga

DECEMBER 13, 2023

About The Companies Involved Orrstown Financial Services Inc is a holding company engaged in commercial banking and trust business, this involves accepting demand, time and savings deposits, and granting loans. Under the terms of the agreement, Orrstown Finl Servs has agreed to give Codorus Valley Bancorp $207.00 It is also engaged in.

Banking 52

Banking 52

Law 360 M&A

FEBRUARY 13, 2023

NatWest Group PLC said on Tuesday that it will buy a majority stake in Cushon, a pensions technology company, for £144 million ($176 million), to enable the bank to offer new savings products to commercial clients.

Banking 52

Banking Technology 52

Benzinga

JULY 26, 2023

Here's what the street has to say about the transformational bank merger. PacWest's tangible book value had been improving since widespread banking issues rocked the industry earlier this year. The question is whether shareholders will approve the deal given the apparent valuation discount the bank accepted, he said.

Banking 52

Banking Price to Earnings Book Value Marketability 52

Harvard Corporate Governance

APRIL 7, 2022

In fact, Bank of England economists found that that regime saves end users millions of dollars per day. [1]. The SEC originally proposed rules for security-based SEFs in 2011. Subsequently, the CFTC put its rules in place. We’ve heard over the years that the CFTC’s framework is working well. more…).

Banking 181

Banking Marketability 181

Harvard Corporate Governance

FEBRUARY 2, 2024

Posted by Roza Nurgozhayeva (Nazarbayev University), and Dan W.

Debt Financing 100

Debt Financing Banking Capital Structure Finance 100

Auto Dealer Valuation Insights

APRIL 3, 2023

Before establishing Mercer Capital in 1982, Chris worked in the banking industry, and in its early days (during the height of the Savings & Loan crisis), many of the firm’s clients were troubled financial institutions. This week, we are pleased to feature a guest post from our firm’s founder, Chris Mercer.

Banking 52

Banking 52

Appraisers Blog

OCTOBER 19, 2023

The Great Reset with CBDCs is the “smart guys'” exit strategy to cover for the inevitable collapse of the international banking system’s fractional reserve banking scheme they know is coming.

Banking 75

Banking Marketability 75

Brian DeChesare

DECEMBER 20, 2023

If you want to know how to get an investment banking internship, it’s simple: Start very, very early and have a great “Plan B” if something goes wrong. And yes, you read the news correctly: Banks like RBC, DB, Houlihan Lokey, Rothschild, and Guggenheim opened 2025 summer internship applications in calendar year 2023.

Banking 91

Banking Start-ups Finance Corporate Finance 91

Benzinga

SEPTEMBER 19, 2022

the "Company") and Gouverneur Savings and Loan Association (collectively, "Gouverneur") today announced that, effective as of September 16, 2022, Gouverneur has completed its acquisition of Citizens Bank of Cape Vincent ("CBCV"). GOUVERNEUR, N.Y., 19, 2022 (GLOBE NEWSWIRE) -- Cambray Mutual Holding Company, Gouverneur Bancorp, Inc.

Banking 40

Banking 40

Benzinga

JULY 6, 2023

July 06, 2023 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) and Malvern Bancorp, Inc. and its wholly-owned subsidiary, Malvern Bank, for a combination of cash and stock (the "Merger"). and its wholly-owned subsidiary, Malvern Bank, for a combination of cash and stock (the "Merger"). HAMILTON, N.J. and PAOLI, Pa.,

Banking 40

Banking Marketability 40

Reynolds Holding

OCTOBER 19, 2023

Thus far, however, little has been written about the gamification of banking – the topic of our recent article. [3] 5] Perhaps motivated by such findings, online firm Ally Bank rolled out an “augmented reality” Monopoly game in six U.S. bank [7] – acquired fintech gamification app, Long Game Savings, Inc. [8]

Banking 72

Banking B2B Finance Technology 72

Benzinga

MARCH 26, 2024

The combined company will bring together two community banks with a deep commitment to the customers and communities they have each served since the early 1900s. The resulting company is expected to be the ninth largest Virginia community bank as ranked by deposits. First National and First Bank will. billion, with $1.5

Banking 52

Banking Book Value Marketability 52

Benzinga

NOVEMBER 18, 2022

First Community Bankshares Inc is a financial holding company that provides commercial banking products and services. The company is engaged in providing demand deposit accounts, savings, and money market accounts, certificates of deposits; commercial, consumer, and real estate mortgage. million in stock in exchange for SRYB stock.

Banking 52

Banking Marketability 52

Benzinga

JUNE 27, 2022

(the "Company") (OTCQX: "ESBS"), the bank holding company for Empire State Bank (the "Bank"), today announced that the Bank has completed the previously announced sale of its branch office located at 68 North Plank Road, Newburgh, New York (the "Branch") to Wallkill Valley Federal Savings and Loan Association ("Wallkill Valley").

Banking 40

Banking 40

Appraiser Newsroom

JANUARY 7, 2024

To see what new options may be available on the market to better fit their needs or save them money. Thompson: As Healthcare costs continue to rise, many individuals and companies are looking for alternative Health coverage that fits their needs but doesn’t break the bank in the process.

Appraisal 52

Appraisal Banking Marketability Business Valuation 52

Harvard Corporate Governance

MARCH 27, 2024

So, my brother and I were surprised when we saw the size of our parents’ retirement savings. My dad invested because he knew that whatever money he put in the bond or stock markets would likely grow faster than in the bank. 1] That’s more than double what they would have earned if they’d just put the money in a bank account.

Finance 63

Finance Banking Marketability 63

Reynolds Holding

MARCH 12, 2023

economy by strengthening public confidence in our banking system. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth. Today we are taking decisive actions to protect the U.S. Gruenberg.

Treasury 45

Treasury Banking Finance 45

Benzinga

AUGUST 11, 2023

They expect to realize over $200 million in run-rate cost synergies within three years post-closing, supported by operating cost savings and supply chain efficiencies. billion in fully committed bridge financing from Bank of America N.A. Tapestry has secured $8.0 and Morgan Stanley Senior Funding, Inc.

Enterprise Value 52

Enterprise Value Banking Finance 52

Benzinga

APRIL 18, 2022

April 18, 2022 (GLOBE NEWSWIRE) -- Columbia Bank MHC, Columbia Financial, Inc. NASDAQ: CLBK ) (the "Company") and Columbia Bank (collectively, "Columbia") today announced that Columbia and RSI Bancorp M.H.C., NASDAQ: CLBK ) (the "Company") and Columbia Bank (collectively, "Columbia") today announced that Columbia and RSI Bancorp M.H.C.,

Banking 40

Banking 40

Viking Mergers

FEBRUARY 27, 2023

Meanwhile, we’ve gathered this list of common tax deductions for business owners to ensure you don’t miss any opportunity to write off expenses – that way, you can save money and re-invest it in growing your business. Looking for more ways to save on your business taxes? You can claim bad debt on your Schedule C, Form 1040.

Start-ups 130

Start-ups Banking Marketability Technology 130

Benzinga

SEPTEMBER 6, 2022

(the "Company") and Gouverneur Savings and Loan Association (collectively, "Gouverneur") today announced that Gouverneur and Citizens Bank of Cape Vincent ("CBCV") have received the requisite regulatory approvals necessary to complete Gouverneur's acquisition of CBCV and merger of CBCV with and into Gouverneur Savings and Loan Association.

Banking 40

Banking 40

Benzinga

MARCH 8, 2023

Luton, Bedfordshire, United Kingdom, March 09, 2023 (GLOBE NEWSWIRE) -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Load Bank Rental Market.

Banking 40

Banking Marketability Technology 40

Reynolds Holding

APRIL 13, 2023

The sudden collapse of Silicon Valley Bank (SVB) surprised many investors and industry experts, given the bank’s recent accolades and long-standing reputation as one of the best national and regional banks in the U.S. [1] 1] Moreover, there had been no reported bank failures during the COVID-19 pandemic from 2020 to 2022.

Banking 75

Banking Equity Treasury Finance 75

Benzinga

JUNE 27, 2023

June 27, 2023 (GLOBE NEWSWIRE) -- Piedmont Financial Holding Company, the parent company of Piedmont Federal Savings Bank ("Piedmont Federal"), has announced an agreement to acquire Wake Forest Bancshares, Inc. OTC: WAKE ), the parent company of Wake Forest Federal Savings and Loan Association ("Wake Forest Federal").

Banking 40

Banking Marketability 40

Musings on Markets

MAY 5, 2023

In March 2023, the fall of Silicon Valley Bank shocked investors not only because it was unforeseen, but also because of the speed with which it unfolded. That failure has had a domino effect, with Signature Bank falling soon after, followed by Credit Suisse in April 2023 and by First Republic last week.

Banking 76

Banking Equity Start-ups Treasury 76

Brian DeChesare

OCTOBER 18, 2023

Even though we’ve covered industry groups vs. product groups and teams such as M&A , ECM , DCM , and Leveraged Finance , we continue to get questions about capital markets vs. investment banking. The questions usually go like this: Are capital markets teams (ECM, DCM, and LevFin) “real” investment banking? Do you learn anything?

Banking 59

Banking Marketability Start-ups Equity 59

Business Wire M&A

MAY 5, 2023

SEATTLE--(BUSINESS WIRE)--Washington Federal, Inc.

Banking 52

Banking 52