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PNC Eyes Buying US Unit Of Spain's BBVA, Report Says

PYMNTS

BBVA bought Alabama's Compass Bancshares in 2007 and has around $100 billion in assets in the U.S., Big bank mergers have been scarce in the past decade since the financial crisis of the late 2000s, but despite that rarity, regional lenders have felt the crunch from bigger rivals like J.P. according to WSJ.

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What Goes Up …

Independent Banker

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. Happy State Bank’s 32 offices are spaced over 500 miles, giving the bank’s lending portfolio geographic diversity. Today, Happy State Bank lends more conservatively as oil prices move higher. New energy regions adapt.

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Why Banks Merge: Listen to the Sellers

Jeff For Banks

In 2013 there were 246 bank and thrift merger and acquisition deals announced, the highest number since 2007 when there were 318 deals. This all comes with fewer banks than there were in 2007. Year to date through April 22nd, there were 73 announced deals, putting us on track for a similar number of deals to last year.

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How Many Multibillion-Dollar Deals Does It Take To Change Payments?

PYMNTS

The spotlight thus shines brighter on financial services infrastructure, and regions where cashless is a trend, such as the U.K. Finance, two-thirds of payments are made by digital means, a marked boost from the 40 percent tally seen in 2007. As estimated by U.K. The banks missed the boat, he said, on acquiring processing services.

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All you need is cash

BankUnderground

Hardly any relationship between firms’ cash holdings and their investment between 2001 and 2007 exists: both cash-rich and cash-poor firms invested during this period. In panel A average fixed asset growth is tracked over the period 2001-2007 and in panel B over the period 2007-2014.

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Disruptive technology will not kill banks

Jeff For Banks

Lending Club funded $5 billion in loans since its founding in 2007. How long before those corporate accounting system providers strike a deal with some regional or national bank to provide seamless views to corporate customers? Do you think your bank customers had an Orange account? Was ING Direct a disruptor? And Quicken Loans.

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Consumer Credit Update for 2Q 2023

South State Correspondent

This data is consistent across regions. the rate of increase is greater) than the 2007/2008 experience. There are issues with Fair Lending around trying to mitigate this risk, so banks are cautioned to proceed with counsel and risk review. Home equity lines of credit (HELOCs) and bank card usage are up 24% and 17%, respectively.

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