Mergers & Acquisitions

Also: FireFly and TruStone credit unions plan merger; United Bank completes CresCom acquisition

Some states are phasing out stay-at-home orders and allowing businesses to reopen after nearly two months of lockdown

JD Power’s latest satisfaction survey reveals that reducing branch-based services could have a negative impact on customer satisfaction

New York-based Signature Bank says roughly 14% of its loan book is seeking to defer payments as the pandemic challenges cashflow

The ABA and National Bankers Association have entered into a strategic partnership to expand services to both membership groups

Leaders should plan carefully how to resume normal office operations when pandemic measures start to be lifted, says McKinsey

New appointments at OCC, Goldman Sachs, Wells Fargo, MUFG, Summit State Bank, Sonabank, and more

Bank of America was sued by plaintiffs alleging that the bank violated the CARES Act by prioritizing borrowers with existing lending relationships and did not allow applicants without such relationships…

Plus: Shareholders hold up California banks deal, MVB sells West Virginia branches, IBERIABANK-First Horizon merger approved, Northwest-MutualFirst merger completes

S&P Global Market Intelligence has revealed the biggest banks in the US and the world by assets