U.S. Bank M&A May Pick Up as Banks Exit TARP
Posted on June 01, 2009 at 11:43 AM EDT
CreditSights reviews the prospects for consolidation in the US banking industry in a new report. ‘There is an obvious acquisition advantage goes for those banks which no longer have TARP funding,” CreditSights says.Top candidates to be acquirers include JPMorgan Chase, U.S. Bancorp, and BB&T. “As well, we have included Morgan Stanley and Goldman Sachs as [...]