On May 20, federal merger policy took a sharp turn as the FDIC voted to rescind its 2024 merger guidelines, and the U.S.

It boasts a market capitalisation of $730bn, or 30% of the total among America’s big banks, up from 12% when Mr Dimon took charge at the start of 2006 (see chart 1). The gap with competitors has grown ...

Capital One and Discover completed their merger on May 18. Discover what financial professionals say you should do to keep ...

The U.S. House of Representatives has passed legislation reversing the Office of Comptroller of the Currency’s recent rule ...

North Shore Bank, part of Hometown Financial Group, will buy Quincy-based Colonial Federal Savings Bank in a $44 million deal ...

PNC Financial Services Group said its bank will acquire Aqueduct Capital Group, a move that expands PNC’s services for ...

A Biden administration rule calling for tougher reviews of bank mergers is poised for repeal after a vote in the US House.