Bank Acquisition

Business

Comerica Faces Federal Discrimination Suit, Casting Shadow Over DEI Policies and Pending Merger

A federal lawsuit alleging discriminatory hiring quotas and executive pay tied to demographic targets has placed Comerica's DEI governance under intense scrutiny. The legal challenge emerges as the regional bank navigates its planned acquisition by Fifth Third Bancorp, raising questions about regulatory hurdles and integration risks.

Feb 2, 2026

Business

Energy Fuels Bets Big on Rare Earths with ASM Acquisition, Aiming to Build a Western Supply Chain Challenger

In a major strategic shift, uranium-focused Energy Fuels announces a deal to acquire Australian Strategic Materials, aiming to create a vertically integrated rare earths producer outside China. The move comes as the company's stock, already on a meteoric rise, faces new questions about its growth trajectory and valuation.

Jan 31, 2026

Business

Saks Off 5th Shutters Dozens of Stores in Bankruptcy-Driven Restructuring

Saks Global moves to close over 60 Off 5th locations as part of Chapter 11 proceedings, signaling a strategic retreat from the competitive off-price segment to focus on core luxury brands.

Jan 30, 2026

Business

Titan Wealth Expands Southwest Footprint with Acquisition of Plymouth-Based Sound Financial

Titan Wealth Holdings has agreed to acquire Plymouth's Sound Financial Management, a move set to add approximately £600m in advised assets and bolster the group's regional presence in England's growing southwest market.

Jan 30, 2026

Business

Trump Poised to Tap Former Fed Governor Kevin Warsh as Next Central Bank Chief, Signaling Policy Shift

President Donald Trump is expected to nominate Kevin Warsh, a former Federal Reserve governor with a notably more open stance toward Bitcoin, to lead the central bank. The anticipated move has already triggered market reactions and reshaped expectations for U.S. monetary policy.

Jan 30, 2026

Business

Champion Iron Navigates Flat Market, Eyes Growth with DRPF Launch and Strategic Rana Gruber Acquisition

Champion Iron reports steady Q3 operational performance with improved costs and significant progress on its high-grade DRPF project. The company also details the fully-financed plan to acquire Norway's Rana Gruber, aiming to strengthen its foothold in the European steelmaking market.

Jan 30, 2026

Business

Five Point Holdings Posts Record Annual Profit, Bolsters Land Bank Through Strategic Moves

Defying a challenging real estate market, Five Point Holdings LLC (FPH) reported a record annual net income for 2025, driven by strategic land transactions and growth in its management business. The company also provided a bullish outlook for 2026.

Jan 30, 2026

Business

Five Point Holdings Caps 'Record Year' Amid Housing Headwinds, Eyes Growth Through Land Banking and Entitlements

Despite a challenging housing market, Five Point Holdings (NYSE:FPH) reported record annual net income for 2025, driven by strategic land sales and the integration of its Hearthstone platform. The company navigated economic uncertainty with disciplined pricing and secured major entitlement approvals to fuel its long-term pipeline.

Jan 30, 2026

Business

Cullen/Frost Bankers Posts Strong Q2 Earnings, Driven by Texas Expansion and Loan Growth

The Texas-based financial institution reported a year-over-year increase in profits, deposits, and loans for the second quarter of 2025. While management highlighted the success of its organic branch expansion strategy, it also acknowledged intensifying competitive pressures in key lending markets.

Jan 30, 2026

Business

Saks OFF 5TH Slashes Store Footprint, Closing Dozens of Outlets in Bankruptcy Restructuring

Saks Global, the parent of luxury retailers Saks Fifth Avenue and Neiman Marcus, will shutter the vast majority of its Saks OFF 5TH off-price stores and all Last Call locations, marking a dramatic retreat from the discount luxury sector as it navigates Chapter 11.

Jan 30, 2026

Business

Founder of Russia's Largest Bitcoin Miner Arrested as Firm Teeters on Bankruptcy

The arrest of BitRiver's founder on tax evasion charges coincides with an insolvency claim filed against the company, compounding pressures from sanctions, energy debts, and internal strife.

Feb 2, 2026

Business

Texas Banking Giant RBFCU Expands Northward with Oklahoma's True Sky Merger

Randolph-Brooks Federal Credit Union, Texas's largest credit union, is set to acquire Oklahoma City-based True Sky FCU in a deal that underscores the accelerating consolidation trend within the credit union sector.

Feb 2, 2026

Business

Fashion Giants Join Forces in Saks Global Bankruptcy Committee as Retailer's Future Hangs in Balance

Amazon, Chanel, and other major creditors have formed a unified front in Saks Global's Chapter 11 proceedings, aiming to recover debts while the luxury retailer moves to liquidate its off-price division and renegotiate key partnerships.

Feb 2, 2026

Business

Analysts See Huntington Bancshares as Deeply Undervalued, But Market Sentiment Weighs on Regional Banks

A detailed valuation analysis suggests Huntington Bancshares (HBAN) shares could be trading at nearly a 50% discount to their intrinsic value, despite the stock's modest performance over the past year. The findings come as investors scrutinize the resilience of U.S. regional lenders.

Feb 2, 2026

Business

First Mid Bancshares: A Regional Bank's Rally Raises Valuation Questions

Shares of First Mid Bancshares (FMBH) have surged approximately 17% over the past three months, prompting investors to scrutinize whether the regional lender's current valuation still offers value amidst its strong fundamentals and a potentially shifting interest rate landscape.

Feb 2, 2026

Business

Julius Bär's Share Price Surge: Is the Swiss Bank Still a Hidden Gem?

Despite a 22.9% rally over the past year, new analysis suggests Julius Bär Gruppe shares may still be trading at a significant discount to their intrinsic value, presenting a potential opportunity for value-focused investors.

Feb 2, 2026

Business

The Unseen Danger: How Banking Risks Thrive in the Gaps Between Committees

As financial institutions grow more complex, a new report warns that their greatest vulnerabilities often lie not in unknown threats, but in systemic blind spots where accountability is diffused across multiple committees and functions.

Feb 2, 2026

Business

Abbott's $21B Exact Sciences Acquisition Pivots Focus to Cancer Diagnostics as Nutrition Unit Overhauled

Abbott Laboratories moves to acquire cancer-testing leader Exact Sciences in a landmark deal, signaling a strategic shift toward high-growth diagnostics while simultaneously restructuring its challenged Nutrition business.

Feb 2, 2026

Business

Iconic Outdoor Retailer Eddie Bauer Faces Store Closures as Operator Prepares Bankruptcy Filing

The 106-year-old outdoor apparel brand, founded in Seattle in 1920, could see nearly 200 of its North American stores shuttered as its licensed operator moves toward Chapter 11 restructuring, though core brand operations are expected to continue.

Feb 2, 2026

Business

Ovintiv's NuVista Acquisition Clears Final Hurdle, Setting Stage for Canadian Expansion

The Canadian government has granted final approval for Ovintiv's takeover of NuVista Energy, completing all regulatory and shareholder requirements. The deal, expected to close shortly, significantly bolsters Ovintiv's position in the Canadian oil and gas sector, though analysts debate its long-term value and impact on shareholder returns.

Feb 2, 2026