Bank News: Bank7 renegotiations, Synapse victims, PNC, Regions & Citizens M&A, and Enova scraps!
Bank News: PNC, Regions, and Citizens executives don’t want to be distracted by potential M&A deals. PNC could be open to M&A, but current valuations make a deal unlikely. Citizens is open to bolt-on deals if they focus on the payments area. Bank7 is seeking to purchase 100% of Century Financial. Bank charter approvals more than double from 2025. Synapse victims turn to small-claims court as they are still trying to recover funds years later. Enova scraps merger deal with Grasshopper Bank. Nubank launches in the U.S. through a partner without full regulator approval. Truist exists near-prime…
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