The U.S. Federal Reserve on Friday approved the first of three pending bank mergers and said it’s launching a review of capital requirements for major banks including bulked-up regional players. Read more
Tag: First Horizon Corp.
Federal regulators look to update bank-merger rules amid fintech challenge
Federal bank regulators continue to signal they’re on a path to update bank-merger guidelines that have been in place since 1995 in light of how the competitive marketplace has changed Read more
Canada’s TD buying investment bank Cowen to broaden its U.S. push
Cowen Inc. shares rallied Tuesday on its $1.3 billion buyout by Canada’s TD Bank Group in a deal that had originally caught the investment bank by surprise. TD Bank Group Read more