Tech mergers have been <a href=https://www.cups-stanley-cups.ca>stanley tumblers</a> in the crosshairs for lawmaker scrutiny 鈥?particularly over antitrust concerns.Now, it may be the banks turn.Earlier this week, California Congresswoman Maxine Waters a Democrat from California said in a statement that the $11.6 billion聽proposed merger between PNC and BBVAs U.S. operations should be examined on antitrust concerns.As reported, the deal would create the fifth-largest bank in the U.S.Waters, of course, serves as chair of the House Financial Services Committee.聽And the committee oversees, among other things, the financial services sector. The incoming Biden administration should take a hard look at the proposed deal, and the incoming Department of Justice Antitrust Division should conduct a stringent review, she said.Separately, Senator Elizabeth Warren聽last month wrote a letter聽to the Department of <a href=https://www.stanley-germany.de>stanley de</a> Justice urging an examination and strengthening of bank merger review guidelines.The stage may be set for a ramp-up in dealmaking, and also in oversight/scrutiny of those deals.If it were to go through, the deal would be the largest one in more than a decade. The combined bank, as reported, will have a presence that spans 24 states and sports an asset base of roughly $560 billion.In another recent but much smaller acquisition, First Citizens BancShares Inc. said it would buy CIT Group Inc. for $2.2 billion in Octobe <a href=https://www.stanley-cups.ro>stanley romania</a> r.聽And last year, the BBT Corp. and SunTrust Banks Inc. merged in a deal that spawned Truist Financial Corp.Here, t Pysa KeyMe Raises $50M In Growth Funding For Key Duplication Kiosks
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