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Stock impact report

Banking sector girds for M&A uptick in 2025 [Yahoo! Finance]

SouthState Bank Corporation (SSB) 
NASDAQ:AMEX Investor Relations: southstatebank.com/rci_pt_bumper/5756
Company Research Source: Yahoo! Finance
Rajashree Chakravarty Fri, January 31, 2025 at 11:34 AM GMT+1 7 min read This story was originally published on Banking Dive . To receive daily news and insights, subscribe to our free daily Banking Dive newsletter President Donald Trump's return to the White House is largely expected to spur a wide-scale easing of regulation. But how that takes shape in banking mergers and acquisitions remains to be seen. The first big test concerns Capital One's proposed $35.3 billion combination with Discover – by far the largest bank deal announced in 2024. Shareholders of each company are set to meet Feb. 18 , roughly a year after the deal was disclosed – presumably to gauge the tie-up's prospects. State regulators in Delaware have signed off on the deal, but a green light from federal agencies has been more elusive. The Federal Reserve Bank of Richmond has peppered Capital One with multiple requests for information regarding the deal The companies are doing what they can to make t Show less Read more
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