(Reuters) – Boston-based regional banks Berkshire Hills (NYSE:BHLB) Bancorp and Brookline Bancorp (NASDAQ:BRKL) are in merger talks, the Wall Avenue Journal reported on Saturday, citing individuals accustomed to the matter.
The deal would merge the 2 banks, which every has about $12 billion in belongings, and could possibly be introduced as quickly as subsequent week, in line with WSJ.
Brookline has a market cap of $1.12 billion, and Berkshire Hills has a market cap of $1.3 billion, in line with LSEG knowledge as of Friday.
Berkshire Hills and Brookline didn’t instantly reply to a request for touch upon the merger.
By Kevin Yao BEIJING (Reuters) - China's central financial institution is predicted to deploy its…
By Nidhi Verma, Chen Aizhu, Siyi Liu and Florence Tan NEW DELHI/SINGAPORE (Reuters) - Chinese…
Investing.com -- The cybersecurity sector is poised for secure to enhancing fundamentals in 2025, given constant…
(Reuters) - International markets face a uneven trip forward of U.S. inauguration day on Jan.…
Investing.com -- India’s mid-cap and small-cap outperformance in opposition to massive caps over the previous two…
Investing.com - US inventory futures edge broadly decrease forward of the discharge of the all-important December…