Germany’s Deutsche Bank is reportedly benefitting from uncertainty surrounding a possible takeover of rival Commerzbank. Commerzbank’s customers are increasingly turning to Deutsche Bank for funding,...
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...
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...