Tag: merger


M&T, People’s United delay merger timeline as Citizens winds up HSBC deal

February 22, 2022

Via: Banking Dive

Buffalo, New York-based M&T Bank and Bridgeport, Connecticut-based People’s United Financial are extending the deadline to complete their merger until June 1, the banks announced Friday. The $7.6 billion deal, announced in February 2021, carried an initial cutoff date of […]


Georgia-based credit unions propose merger

February 3, 2022

Via: Banking Dive

Georgia’s Own Credit Union is kicking off the new year with ambitions to grow by consolidation. A merger with United 1st would expand its reach into the southeastern part of the state. Georgia’s Own, which boasts 30 locations, said it […]

Activity, Insurance

Uber Vet Invests $50M in Metromile as Insurer Readies Reverse Merger to Become Public

February 2, 2021

Via: Insurance Journal

Auto insurer Metromile has attracted $50 million in new investment from a former Uber executive even as it has obtained regulatory approval to formalize a reverse merger deal that will make it a publicly-traded company. Ryan Graves, Uber’s former senior […]


Deutsche Bank and Commerzbank’s CEOs are reportedly resuming talks over a potential merger

March 8, 2019


Deutsche Bank and Commerzbank’s chief executives have resumed talks over a potential merger of Germany’s two biggest lenders, Focus magazine reported on Friday, citing people familiar with the matter. Deutsche Bank and Commerzbank declined to comment. Deutsche Bank shares were […]