Tuesday, 21 March 2023

Business News

BofA not interested in acquiring Signature Bank, Reuters reports – TipRanks Financial Blog

Top Morgan Stanley international executive to retire, FT reports

Bill Ackman said on Twitter that Bank of America (BAC) is going to acquire Signature Bank (SBNY) on Monday, though a source familiar with the told Reuters that BofA is not interested in acquiring the lender. Signature Bank did not respond to a Reuters request for comment, while Bank of America declined to comment, according to Reuters’ Akriti Sharma and Greg Roumeliotis. Reference Link

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