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USB - A U.S. Bancorp - PNC Financial Tie-Up Could Be A Win-Win
U.S. Bancorp
Speculating on M&A is a tried and true way of passing the time between major news releases, and it’s overwhelmingly just a theoretical exercise, as the number of potential deals always dwarfs the number of deals done. That said, a recent turn toward mergers of equals in the banking space, including the large proposed tie-up of BB&T (BBT) and SunTrust (STI), adds a new element to the story.
Although I don’t think you can count it as any sort of “base case”, and both banks have expressed their disinterest in large-scale