Bank of America today announced that it recently learned of an unsolicited "mini-tender" offer made by Tutanota LLC (Tutanota) to Bank of America shareholders to purchase up to 1 million shares of Bank of America common stock at $40.00 per share. The offer price of $40.00 per share is conditioned on, among other things, the closing price per share of Bank of America's common stock exceeding $40.00 per share on the last trading day before the offer expires. This means that unless this condition i
The Federal Reserve disclosed results from an assessment of how the biggest US banks would be impacted by climate change, an exercise that created new political tensions for the central bank.
In this article, we will look at the 20 largest banks in the US by customers. If you wish to skip our detailed analysis, you can go directly to 5 Largest Banks in the US by Customers. Banking Industry in the US: An Overview The failure of prominent US banks including Silicon Valley Bank (SVB), […]