PYMNTS-MonitorEdge-May-2024

banking mergers

Nationwide Building Society Will Acquire Virgin Money for $2.7 Billion
Nationwide Building Society Will Acquire Virgin Money for $2.7 Billion
March 07, 2024  |  Acquisitions

The U.K. bank Nationwide Building Society is set to acquire Virgin Money for $2.7 billion. The boards of the two companies reached a preliminary agreement to the deal on Thursday...

READ MORE >
CFPB Head Doesn’t Want to Be ‘Cheerleader’ for Bank Mergers
CFPB Head Doesn’t Want to Be ‘Cheerleader’ for Bank Mergers
July 20, 2023  |  Regulation

America’s consumer watchdog says bank mergers are set to become much tougher to pull off.  In an interview with Reuters Thursday (July 20), Consumer Financial Protection Bureau (CFPB) Director Rohit...

READ MORE >