Nathan Place

1 week ago | americanbanker.com | Nathan Place

Reports of tariff uncertainty hurting bank M&A are greatly exaggerated, according to new research. Mergers and acquisitions in the banking world did not slow down after early April, when the Trump administration announced close to 90 new tariffs, a new report by the consulting company PwC has found. In fact, bank M&A activity has continued to grow during the second quarter.

1 week ago | today.westlaw.com | Nathan Place

UPDATE: This article includes additional information from PwC and Truist analyst Brian Foran. Reports of tariff uncertainty hurting bank M&A are greatly exaggerated, according to new research. Mergers and acquisitions in the banking world did not slow...

1 week ago | americanbanker.com | Nathan Place

Big banks have largely abandoned their promises to reduce their financing of the fossil-fuel industry, according to new research. In fact, most have moved in the opposite direction. The world's 65 largest banks committed $869 billion to fossil-fuel companies in 2024 — $162 billion more than in 2023, according to "Banking on Climate Chaos," a new report by a coalition of eight environmental advocacy groups. And this increase wasn't just due to a few outliers.

1 week ago | today.westlaw.com | Nathan Place

Big banks have ramped up their financing of the fossil-fuel industry, according to research by a coalition of environmental advocacy groups. But some of the banks criticized the report, stating that clean energy is still a priority for them.

2 weeks ago | americanbanker.com | Nathan Place

Where others see uncertainty, middle-market businesses also see opportunity. According to a new survey by Key Bank, the vast majority of midsize companies are focused on adapting to President Trump's volatile trade policies — but they also see it as a good chance to improve their businesses. The survey found that the No. 1 priority for 91% of U.S. companies with between $25 million and $1 billion of annual revenue is limiting the damage from new tariffs.