The Potential for a New Round of Bank Mergers
Andrew Yeager | June 20, 2016
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1655685715
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Birmingham’s banking industry is not what it used to be. After major acquisitions in the 2000s and the Great Recession, Birmingham is left with two big banks: Regions and BBVA Compass, which was snapped up by a Spanish financial giant. While all that activity has died down, there’s chatter we could see a pick up in mergers and acquisitions among banks. We start there in this week’s Magic City Marketplace.
