PE prepares for US bank divestment wave

An analysis of regional US banks part-owned by private equity firms has concluded that sell-offs are likely

Private equity firms are expected to sell stakes in a number of regional US banks, many of which were acquired during the financial crisis, after a collective rise in the banks’ share price of almost 50%.

Analysts at Keefe, Bruyette & Woods, the financial services boutique, surveyed 27 US regional banks in which a private equity firm has an ownership stake.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump