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Market Impact: 0.48
EverBank-WaFd Deal Bridges Banking's Digital and Branch Divide
Source: pymnts.com
M&A & RestructuringBanking & LiquidityTechnology & Innovation
EverBank and WaFd proposed a $3.9 billion merger, combining EverBank's digital reach with WaFd's extensive physical branch network. The deal reflects banks' increasing strategic value for customers that use both digital and in-person banking channels and could be meaningful for the regional banking sector.
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