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US bank profits rise as Wall Street hopes for merger boom
Large US banks reported soaring profits Wednesday propelled by strength in trading and financial advisory services as Wall Street eyes a potential merger boom under the incoming Trump administration.
Wall Street Bankers Say Merger Outlook Has Already Jumped in 2025
MIAMI (Reuters) - Wall Street bankers are already upbeat about a revival in mergers and acquisitions this year that will buoy broader investment banking activity. It may take some time for deals to materialize, but buyouts including bank deals could gain momentum in the second half of 2025.
Bank of America profit soars on Wall Street revival
Bank of America's fourth-quarter profit more than doubled as it benefitted from a Wall Street dealmaking revival that also lifted results at its rivals.
Pocono Record on MSN
23h
ESSA Bank & Trust plans merger with another Pennsylvania-based bank
ESSA Bank & Trust intends to merge with CNB Bank, the parent companies of both banks announced Jan. 10. The boards of both ...
48m
The Big Takeaway From Bank Earnings
With major U.S. lenders and investment banks’ earnings now turned in, one message from the wave of financial results is clear ...
Finance & Commerce
14h
Community banks in Northfield, Faribault to merge
Community Resource Bank of Northfield is merging with 1st United Bank of Faribault, the banks announced in a press release ...
Axios on MSN
13d
SouthStreet completes $2 billion merger with Independent Bank
Florida bank SouthState has completed its acquisition of Texas-based Independent Bank Group for around $2 billion in stock.
1d
on MSN
Investment bankers say Trump mergers and acquisitions boom already underway
Financial business leaders converged on the University of Miami to discuss the regulatory and political landscape expected ...
4h
on MSN
Japan bank executives take pay cuts after employee is accused of stealing from safe deposit boxes
Executives at a leading Japanese bank have apologized and taken pay cuts after police arrested an employee who allegedly ...
3d
Commerzbank chairman sees little chance of amicable UniCredit merger, report says
Commerzbank's supervisory board chairman Jens Weidmann said there is little chance for an amicable merger with UniCredit ...
American Banker
3d
Chicago mutual banks call off merger plans
Mutual Federal Bancorp nixed its planned acquisition of Pulaski Savings Bank. It did not disclose a reason for the deal ...
3d
Orrstown Financial Services: Expecting Decent Earnings Growth After The Merger Of Equals
The outlook for business activity in Orrstown Financial Services’ markets is positive. Read why I adopt a buy rating on ORRF ...
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