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Banking Consolidation

All articles tagged with #banking consolidation

business4 months ago•3 min saved

JPMorgan CEO Jamie Dimon Cautions on US Economic Uncertainty

JPMorgan CEO Jamie Dimon warns of an uncertain US economic outlook due to unresolved impacts of tariffs and geopolitical issues, predicts more banking sector consolidation, and downplays the effect of interest rate cuts, while planning to expand JPMorgan's digital presence internationally.

via Reuters|

#banking-consolidation #business #jamie-dimon

business6 months ago•5 min saved

Santander to acquire TSB for £2.65bn, raising concerns over branch closures and brand disappearance

Santander is set to acquire TSB from Sabadell for £2.65 billion, strengthening its position in the UK market, expanding its customer base, and aiming for operational efficiencies and increased profitability, with completion expected in early 2026.

via santander.com|

#acquisition #banking-consolidation #business