If Capital One’s planned acquisition of Discover Financial falls through, one firm or the other could pay a termination fee of $1.38 billion. This termination...
A class-action lawsuit has reportedly been filed against TD Bank following its failed attempt to acquire First Horizon Bank. The Arbitrage Fund, which is a First Horizon shareholder,...
In banking, “too big to fail” has become shorthand for financial firms of scale and reach so significant that any operational or financial difficulties may...
The U.S. banking industry is in flux, largely thanks to federal policy that has made it easier (and faster) for institutions to merge. As concerns...
Italy’s UniCredit and French rival Société Générale are planning to merge, which could lead to other big banking mergers throughout Europe. According to the Financial Times,...