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A plea in the Delhi High Court has challenged the merger of Lakshmi Vilas Bank with Development Bank of Singapore (DBS), contending that its shareholders have been "left in the lurch"

Plea in Delhi High Court against Lakshmi Vilas Bank-DBS merger says shareholders shortchanged #Finance 

#Europe : Close: British firm Persimmon fell after reporting 9% decline in 2020 revenue. In France, Carrefour is in early merger talk with Canada's Couche-Tard; stock surged 13%. Indices traded mixed. German Bank, Auto shares↓ #CAC  +0.21 #DAX  +0.11 #FTSE  -0.13%.

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Consolidation in #Spain : Unicaja-Liberbank tie-up adds to trend. Merger set to create Spain’s fifth largest bank and follows approval of union between Bankia and CaixaBank. #banking  #covid19economy 

Mercantile Bank International Corp. Announces Reverse Merger Transaction with Crucial Innovations Corp. Full Story: $CINV Markets Stocks#CINV  #DigitalAssets  #DigitalCurrency  #MBI  #Banking  #Merger  #OTC  #OTCMarkets  #OTCStocks  #Investing 

D.C. banker poised to lead nation's biggest Black-run bank after merger

D.C. banker poised to lead nation's biggest Black-run bank after merger by AmerBanker 2021-01-04 18:10:58

Equity Bank Congo and Banque Commerciale Du Congo (BCDC) receive regulatory approval for merger


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Nearly 2 years ago, Chairman Powell confirmed my worst suspicions: the @federalreserve  hasn’t denied a single bank merger since the 2008 financial crisis. @RepChuyGarcia  & I are introducing a new bill to make sure regulators do their jobs & stop rubber-stamping bank mergers.

In the past decade, the @federalreserve  hasn’t denied a single bank merger application. It’s clear: the Fed works for the big, rich banks – and everyone else pays the price. Earlier this year, I told Chairman Powell: that needs to change.

Dear @nsitharaman  : Can we have a public disclosure of all the big wilful defaulters listed by former RBI Governor Raghuram Rajan and given to @PMOIndia  in 2015. This should be a pre-requisite to bank merger, as single balance sheets can obfuscate these liabilities. @OfficeOfRG 

When a bank merger happens, the new CEO outs every bad or doubtful debt he can find on his combined books to reduce his personal risks. [See what happened to Yes Bank.] It is called the great purge. So expect a huge jump in bad debts & provisions 4 the same next quarter.

Two drunks propping each other up. This picture describes a possible merger between Deutsche Bank and Commerzbank appropriately!

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Gigantic banks wrecked our economy, but the Fed told me they are rubber-stamping nearly every proposed bank merger. and are probably next. We can’t let banks become too big to fail again: American families will suffer.

The German finance ministry is willing to orchestrate a merger between Deutsche Bank and Commerzbank, according to Focus magazine. Various scenarios have been discussed, including one in which the German state would become DB's largest shareholder.

Is the 3-way merger of Bank of Baroda, Dena Bank and Vijaya Bank another bailout for the failing public bank sector or the creation of a central hub for crony capitalism for this government and its capitalist buddies?

We have decided to merge Dena Bank, Vijaya Bank and Bank of Baroda. Merger of the 3 banks will make this the third largest bank of the country: Financial Services Secretary Rajiv Kumar

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Bank merger move must be rooted in economic knowhow & not just a route to glossing over India’s swelling NPA problem

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