Consolidation

Deutsche Bank CEO Brushes Off Commerzbank Merger Rumors
Deutsche Bank CEO Brushes Off Commerzbank Merger Rumors
January 18, 2024  |  Banking

The head of Deutsche Bank says merging with Commerzbank is not a priority. In an interview with CNBC Thursday (Jan. 18), Deutsche Bank CEO Christian Sewing seemed to quash recent...

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Citizens Financial Group CEO Predicts Limited Consolidation in Banking Sector
Citizens Financial Group CEO Predicts Limited Consolidation in Banking Sector
September 06, 2023  |  Bank Regulation

Consolidation in the U.S. banking sector is expected to be limited in the near future due to high interest rates and regulatory pressures, according to Citizens...

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This Week In Payments: Retail’s Digital Shift, Uber To Buy Postmates, The Digital Yuan Advances
This Week In Payments: Retail’s Digital Shift, Uber To Buy Postmates, The Digital Yuan Advances
July 10, 2020  |  News

There was no shortage of news in payments and commerce this week, but perhaps the biggest news that didn’t make a headline was that this...

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Uber-Postmates Deal Shows Food Delivery Is Consolidating Like Pac-Man
Uber-Postmates Deal Shows Food Delivery Is Consolidating Like Pac-Man
July 06, 2020  |  Partnerships / Acquisitions

Call it a real-life version of Pac-Man. Word emerged on Monday (July 6) that Uber is buying Postmates for nearly $2.7 billion in stock – the latest...

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Just Eat Takeaway/Grubhub Deal Shows Appetite For Food Delivery Consolidation
Just Eat Takeaway/Grubhub Deal Shows Appetite For Food Delivery Consolidation
June 11, 2020  |  Partnerships / Acquisitions

The COVID-19 pandemic isn’t enough to stop cross-border dealmaking – specifically in the food delivery services space, where critical mass is of critical importance. Consider the...

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Tesco To Refocus Business After $357M China Sale
Tesco To Refocus Business After $357M China Sale
February 25, 2020  |  International

With the $357 million sale of its joint venture portion to China Resources Holdings (CRH), a state-run partner, Tesco has finished its exit from China....

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Community Banks Embrace Faster Payments’ Competitive Edge
Community Banks Embrace Faster Payments’ Competitive Edge
January 06, 2020  |  B2B Payments

Community banks are pushing for a stronger role with their small business (SMB) customers. Yet, the broader perception of smaller financial institutions (FIs) in the...

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Why It’s Time To Reboot The ISO’s Value Proposition
Why It’s Time To Reboot The ISO’s Value Proposition
October 31, 2019  |  Partnerships / Acquisitions

Just a few weeks left in 2019, and it will go down in history as the year of the payments mega-merger. The headlines were full...

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Japan’s Struggling Regional Banks Take Investment Risks To Stay Afloat
Japan’s Struggling Regional Banks Take Investment Risks To Stay Afloat
September 03, 2019  |  International

Japan’s struggling regional banks are taking on riskier investments as they struggle to survive. The banks have been hurt by rock-bottom interest rates, as well...

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