Wall Street's holiday party plans — Inside PNC's deal for BBVA's US arm — Perella Weinberg seeks a SPAC
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Dan DeFrancesco
Nov 23, 2020, 17:29 IST
Julius Shakari, from California in full PPE gear, takes photos with his friend in front of the Charging BullTimothy A Clary/Getty Images
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The week of Thanksgiving is always a weird one. In many ways it is a quiet because of the holiday, but that also leaves plenty of room for companies to try and sneak out some news.
One of the biggest bank deals in recent memory took place last week when PNC announced its planned purchase of BBVA US, the US-based arm of the Spanish lending giant BBVA, for $11.6 billion. Reed Alexander has a great look not only at the deal, but how it shaped up in this digital-only world.
Pitch-deck alert! Here's a fun one from Paceline, a health and wellness platform, that rewards users for staying active. What's more, the CEO has big plans for the startup, including credit cards and insurance products. Read more here.
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