Category : Search result: banking merger


Fourth US Bank Collapses as First Republic Fails

First Republic Bank becomes latest casualty in American banking turmoil, with JPMorgan acquiring assets in dramatic federal intervention following SVB, Signature and Silvergate failures.

Kimberly-Clark in Merger Talks with Kenvue

In a seismic shift for consumer healthcare, household goods titan Kimberly-Clark is reportedly in advanced discussions to acquire Kenvue, the company behind Tylenol and Band-Aid, in a deal that could reshape the global market.

McDowell's LIV Golf future hangs in balance

Northern Irish golf star Graeme McDowell faces career uncertainty as PGA Tour and Saudi PIF negotiations reach critical stage, potentially reshaping professional golf forever.

HSBC sued over Bernie Madoff profits in major lawsuit

HSBC confronts explosive legal action alleging the banking giant knowingly profited from Bernie Madoff's notorious Ponzi scheme while ignoring clear warning signs in the largest fraud in Wall Street history.

LIV Golf and PGA Tour Reach Historic Peace Deal

After years of bitter conflict, LIV Golf and the PGA Tour have announced a groundbreaking merger that will reshape professional golf forever. Discover the stunning details of this unprecedented agreement.

Greencore Faces CMA Probe Over £15m Merger Deal

The Competition and Markets Authority launches investigation into Greencore's acquisition of bakery firm, raising concerns about reduced competition in UK food manufacturing sector.

UK watchdog probes Greencore-Bakkavor merger

The Competition and Markets Authority launches in-depth investigation into proposed £1.7bn merger between food manufacturing giants Greencore and Bakkavor, citing serious competition concerns.

NatWest Announces Major Banking Overhaul

NatWest Group reveals strategic transformation plan affecting Ulster Bank operations, customer services, and regional banking infrastructure across the UK and Ireland.

Rory McIlroy's shock PGA Tour board exit revealed

Northern Irish golf sensation Rory McIlroy makes shock exit from PGA Tour policy board, citing personal and professional pressures as LIV Golf merger talks continue to reshape professional golf.

ANZ Banking App Crashes in Nationwide Outage

Thousands of ANZ customers across Australia were left stranded as both the mobile app and internet banking services crashed simultaneously, sparking fury and financial anxiety.

Paramount-Skydance merger cuts 2,000 US jobs

The landmark merger between Paramount Global and Skydance Media will result in significant workforce reductions across the United States as the entertainment giants streamline operations.

Vodafone and Three Confirm UK Mobile Network Merger

Vodafone UK and Three UK confirm landmark merger to create Britain's largest mobile network, promising better coverage and 5G investment while facing regulatory scrutiny over competition concerns.

Lloyds Bank cuts 1,600 jobs in restructuring

Lloyds Banking Group reveals plans to slash 1,600 jobs while creating 830 new roles in strategic restructuring. The changes affect multiple locations including Bristol and Edinburgh as the bank accelerates its digital transformation.

Lloyds warns of bigger car finance scandal hit

Lloyds Banking Group reveals mounting financial pressure from the car finance mis-selling scandal, with provisions now expected to significantly exceed initial estimates as regulatory scrutiny intensifies.

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