American Banker (March 20)
“After bank merger-and-acquisition activity slowed substantially in 2022, it could reach a standstill following the failures of Silicon Valley Bank in California and Signature Bank in New York.” Their “sudden demise… injected hefty doses of uncertainty into the financial system and raised doubts about the veracity of regulatory oversight.” Because they missed vulnerabilities, “bank supervisors are likely to further ramp up reviews of banks’ potential weaknesses,” which is likely to “extend to bank M&A.”
Tags: 2022, Bank, California, Doubts, Financial system, M&A, New York, Regulatory oversight, Signature Bank, Silicon Valley Bank, Standstill, Sudden, Uncertainty, Veracity
New York Magazine (July 23)
Donald Trump is “slowly realizing it’s North Korea’s reality show, not his.” The President “seems to be learning, the hard way, that epic peace deals with foreign leaders work a lot better when those deals actually exist before celebrating or trying to implement them. North Korea has been blowing the U.S. off since the summit, leaving denuclearization negotiations at a standstill, and the impatient Trump has been fuming at aides about it.”
Tags: Celebrating, Denuclearization, Impatient, Learning, Negotiations, North Korea, Reality show, Standstill, Summit, Trump, U.S.
