mergers

TD Bank and First Horizon Scrap $13.4 Billion Merger
TD Bank and First Horizon Scrap $13.4 Billion Merger
May 04, 2023  |  Partnerships / Acquisitions

TD Bank and First Horizon Bank have called off their $13.4 billion merger. The financial institutions announced the end to their agreement in a joint...

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MoneyGram Pushes Back Expected Date of Planned Sale
MoneyGram Pushes Back Expected Date of Planned Sale
May 01, 2023  |  Acquisitions

MoneyGram has pushed back the expected date of its planned sale. The firm and the intended buyer, venture capital firm Madison Dearborn Partners (MDP), now...

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FinFit and Salary Finance Merge and Integrate Financial Wellness Offerings
FinFit and Salary Finance Merge and Integrate Financial Wellness Offerings
April 05, 2023  |  Partnerships / Acquisitions

FinFit and Salary Finance U.S. have merged and will integrate their financial wellness employee benefits. The combined organization will operate under the FinFit brand. Its...

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Global M&A Volumes Drop by 48% in First Quarter
Global M&A Volumes Drop by 48% in First Quarter
March 31, 2023  |  Acquisitions

Global mergers and acquisitions (M&A) volumes dropped by 48% year over year in the first quarter. As of Thursday (March 30), M&A volumes for the...

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Kroger-Albertsons Merger Could Give Walmart Shoppers a Low-Cost Grocery Alternative
Kroger-Albertsons Merger Could Give Walmart Shoppers a Low-Cost Grocery Alternative
March 28, 2023  |  Partnerships / Acquisitions

Consumers are already bracing for another year of higher food prices, with U.S. shoppers continuing to seek deals and trading quality for quantity. While Walmart...

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Digital Bank Zopa Looks to M&As After $93M Fundraise
Digital Bank Zopa Looks to M&As After $93M Fundraise
February 02, 2023  |  Digital Banking

U.K. digital bank Zopa is looking to expand after raising $93 million in an equity round. The funding, announced Thursday (Feb. 2) in a news...

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Open Banking Platform Consolidation Leads to Broader EU Customer Reach
Open Banking Platform Consolidation Leads to Broader EU Customer Reach
January 31, 2023  |  Acquisitions

After years of consolidation, Europe’s largest open banking players now cover much of the continent. Over the years, the continent’s open banking companies have expanded...

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JPMorgan Exec Sees ‘More Challenging’ M&A Environment in 2023
JPMorgan Exec Sees ‘More Challenging’ M&A Environment in 2023
January 03, 2023  |  Acquisitions

For the first time since 2017, J.P. Morgan Chase was the top adviser for Canadian mergers and acquisitions (M&As) last year. That’s according to data...

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GoLogiq Finalizes $320M Wealth Management Merger With GammaRey
GoLogiq Finalizes $320M Wealth Management Merger With GammaRey
January 03, 2023  |  Acquisitions

GoLogiq and GammaRey have merged to access the Generation Z wealth management market. The companies announced the finalization of the $320 million deal Tuesday (Jan....

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