Bank Merger

Bank Merger

A situation in which two banks pool their assets and liabilities to become one bank. Because this can have a significant impact on the financial industry, the Federal Reserve subjects mergers involving bank holding companies to more intensive regulation. See also: Too Big to Fail.
References in periodicals archive ?
Excluding items associated with the Alawwal bank merger, as announced on 17 June 2019, H1 2019 return on tangible equity was 7.5%.
The two banks announced the deal on Thursday, the first major cross-border bank merger in the Gulf region in recent years.
The analysis of the European bank merger data follows a "differences-in-differences" strategy that exploits the staggered timing of the new legislation across the different countries.
The closing on Bank of NH's acquisition of Plymouth-based Community Guaranty Bancorp, on the heels of the announced merger of Newport-based Lake Sunapee Bank Group with Bar Harbor Bank-shares of Maine, indicates that the national bank merger revival has reached New Hampshire.
Auburn State Bank ("Auburn Bank"), Auburn, Nebraska, a state member bank, has requested the Board's approval under section 18(c) of the Federal Deposit Insurance Act (1) ("Bank Merger Act") to merge with The Carson National Bank of Auburn ("Carson Bank"), Auburn, Nebraska.
The proposed branch consolidations are subject to the closing of the bank merger, and would not occur until October 2015.
After the PNB-Allied Bank merger, the combined entity is expected to fortify its position as the fourth largest privately owned domestic bank in terms of total assets.
The UAE's last successful bank merger was the 2007 union of National Bank of Dubai and Emirates Bank to form Emirates NBD .
In terms of bank merger data, like the failure data, there exists several data sources including Chapman (1934) and the Federal Reserve Bulletin (1937).
Heard about a bank merger in the works in east Arkansas?
However, in the case of the Fleet/Boston Bank merger, Austin couldn't discuss any of these topics with the other risk manager since Fleet regulators imposed a quiet period once the deal was announced.