Topic: Bank M&A
What will Biden’s presidency mean for banking regulation?
Joe Biden has defeated Donald Trump to become the United States’ next president – triggering an overhaul of the federal government and its regulatory agencies. What can banking regulation practitioners around the world expect from the new administration?
19 November 2020
Santander snaps up Wirecard payments platform, with A&O advising
Allen & Overy is advising Santander on its acquisition of Wirecard’s core technology assets, the latest in a series of firesales at the collapsed German payments firm which is facing claims worth over €12 billion.
18 November 2020
Sullivan & Cromwell and Wachtell Lipton advise as PNC buys BBVA USA
Pittsburgh-based PNC has agreed the purchase of Spanish bank BBVA’s US subsidiary – setting off a regulatory approvals process that will extend into the Biden administration.
18 November 2020
Deutsche sells off Mexican trust business after “continual pressure” from regulator
Skadden Arps is advising Deutsche Bank on the sale of its trust business in Mexico, which comes after a year of “continual pressure” from the country’s financial regulator to complete the deal.
29 October 2020
Get unlimited access to all Global Banking Regulation Review content