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Bank M&A set to take off after Fed rate cuts; deal values soar.

Authors :
Dobbs, Jim
Source :
American Banker; 9/27/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Dealmakers say the Federal Reserve's decision to reduce interest rates this month will lower borrowing costs and support banks' credit quality, making it easier for buyers to assess sellers' balance sheets and agree on sale terms. [ABSTRACT FROM AUTHOR]

Subjects

Subjects :
INTEREST rates
BANK loans
SALES contracts
FINANCIAL statements
MERGERS & acquisitions

Details

Language :
English
ISSN :
00027561
Database :
Complementary Index
Journal :
American Banker
Publication Type :
Periodical
Accession number :
179964033

Tools

Authors Abstract Subjects Details