Deals
Canadian Banks May Buy U.S. Regional Banks, Credit Suisse Says
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Regions Financial Corp., Synovus Financial Corp. and TCF Financial Corp. are among U.S. regional banks that may be acquired by Canadian, Spanish or U.S. lenders, according to analysts at Credit Suisse AG.
The most likely takeover is TCF Financial, in Wayzata, Minnesota, by Toronto-based BMO Financial Group, analysts led by Craig Siegenthaler wrote today in a report to investors.