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U.S. banks targeted by activist investors on merger wave hopes

2016-02-05 11:35:43| IT Services - Topix.net

Activist investors are putting the U.S. banking sector in their crosshairs, betting that headwinds whipping through the industry will accelerate consolidation among lenders. Activists launched 97 campaigns last year aimed at the U.S. financial sector, around triple the amount from 2009, according to Thomson Reuters Activism data.

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