On January 16, U.S. Representative Andy Barr (R-KY) introduced H.R. 478, the “Promoting New Bank Formation Act,” which was referred to the Committee on Financial Services. This bill aims to support ...
A week ago WSJ broke the news that New York Mellon approached Northern Trust to discuss a potential merger. This underscores the accelerating pace of consolidation in the U.S. banking sector. This ...