Alabama-based Regions Bank has agreed to purchase financial services firm Sabal Capital Partners, as it aims to increase its presence in the commercial mortgage-backed securities loan market.
11 October 2021
Advised by Cuatrecasas Gonçalves Pereira, US investment firm JC Flowers is selling the Andorran bank it bought out of a bad bank-good bank scheme in 2016, shrinking the country’s bank population by a quarter.
30 September 2021
Tel Aviv-based Bank Leumi has agreed to sell its US arm to Valley National, the second time in the course of a week a regional US lender purchased the local operations of a foreign-owned bank.
27 September 2021
Minneapolis-based US Bancorp has agreed to buy MUFG Union Bank, months after US president Joe Biden issued a sweeping executive order encouraging federal banking regulators to review current merger practices.
22 September 2021
The United States Federal Reserve has approved Pittsburgh-based PNC’s purchase of Spanish bank BBVA’s US subsidiary, as Fed governor Lael Brainard calls for a “broader review” of the country’s merger review framework.
17 May 2021
Portugal’s Novo Banco has divested its Spain-based businesses, while Spanish lenders Unicaja and Liberbank have won shareholder approval for their merger.
06 April 2021
Spain’s Banco Santander is launching a bid to reacquire the remaining stake in the Mexican unit it sold almost a decade ago.
29 March 2021
New York-based M&T Bank has agreed to acquire People’s United in a US$7.6 billion deal – the first bank merger agreed since the Biden administration took office.
24 February 2021
French bank BPCE has filed with French regulators to take total control of its investment banking subsidiary Natixis.
10 February 2021
The three Islamic finance subsidiaries of Indonesia’s largest state-owned banks have merged to create Indonesia’s largest shariah financial institution.
02 February 2021
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