Fast-growing California bank seeks OK to boost stake in rival americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
The Northeastern banks had aimed to wrap up their deal by Feb. 21, but the Federal Reserve the last of the regulatory authorities they need approval from hasn’t signed off yet.
Analyst: Greater Philadelphia bank M&A will continue to increase in 2022 - Philadelphia Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
The central bank also signed off on Webster Financial’s acquisition of Sterling Bancorp and WSFS Financial’s purchase of Bryn Mawr Bank Corp. The moves come amid a political fight over the bank merger approval process.