NEW YORK -- A federal judge said Monday that he would reluctantly approve an amended $150 million settlement between the Securities and Exchange Commission and Bank of America to end civil charges accusing the bank of misleading shareholders when it acquired Merrill Lynch.
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BING NEWS:
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DFCU Financial reached a deal to acquire Winter Park National Bank in the Orlando metropolitan area. It was a record 20th credit union-bank merger of the year.
11/8/2024 - 3:16 am | View Link - Judge approves TD Bank plea deal, including five years of probation
The plea agreement, which includes a fine of more than $1.4 billion, penalizes TD for systemic money laundering violations. "We have the ability to profit, and we should be able to profit, but not at ...
11/7/2024 - 5:56 am | View Link - How a second Trump term may change bank M&A
Under Trump, bank deal approvals are likely to “speed up markedly and the process will be more clearly delineated,” one analyst predicted.
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