US Edition
US bank M&A hopes revive under Trump regulators
UNITED STATES, JUL 14 – Regulatory changes under the Trump administration have increased bank merger approvals, with Capital One's $35.3 billion acquisition of Discover Financial Services among recent deals, sources said.
- Industry executives have renewed merger-and-acquisition talks among large US and regional banks in recent weeks under the Trump administration.
- This shift follows regulatory clarity and streamlining, contrasting with prior opposition to big deals during the Biden administration and marked by BNY's merger interest in Northern Trust last month.
- The One Big Beautiful Bill, signed on July 4, extends important tax benefits, makes the full 100% bonus depreciation on eligible assets acquired after January 19, 2025, permanent, and seeks to simplify regulatory hurdles to enhance dealmaking, particularly within the financial and energy industries.
- Tom Michaud emphasized that expanding scale is important because the current administration is more likely to approve major transactions, and he advised that acting sooner rather than later is advantageous.
- The renewed M&A momentum suggests growing confidence in a permissive regulatory environment, although approvals will remain extensive and cross-border deals may face deterrents from higher penalty taxes.
Insights by Ground AI
Does this summary seem wrong?
8 Articles
8 Articles
Financial TimesReposted by 
BizToc
BizTocM&A bankers find dealmaking tough under Trump
Activity has collapsed with approvals becoming more politically charged
·London, United Kingdom
Read Full Article
US bank M&A hopes revive under Trump regulators
Takeover speculation in Northern Trust has revived industry hopes of deals among large U.S. and regional banks, propelling exploratory conversations that could lead to consolidation, according to financial executives and analysts.
·United Kingdom
Read Full ArticleCoverage Details
Total News Sources8
Leaning Left1Leaning Right0Center6Last UpdatedBias Distribution86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
14%
C 86%
Factuality
To view factuality data please Upgrade to Premium
