Welcome back! The week of Thanksgiving is always a weird one. In many ways it is a quiet because of the holiday, but that also leaves plenty of room for companies to try and sneak out some news. If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals. Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco. One of the biggest bank deals in recent memory took place last week when PNC announced its planned purchase of BBVA US, the US-based arm of the Spanish lending giant BBVA, for $11.6 billion. Reed Alexander has a great look not only at the deal, but how it shaped up in this digital-only world. Pitch-deck alert! Here's a fun one from Paceline, a health and wellness platform, that rewards users for staying active. What's more, the CEO has big plans for the startup, including credit cards and insurance products. Read more here. The SPAC train continues to roll on. Boutique investment bank Perella Weinberg is reportedly seeking to go public via a SPAC. Read more here. |
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