Private equity groups (PEGs) are gaining momentum following a provision in President Trump’s new law that allows them to deduct more interest on debt through their acquisitions. This development positions PEGs, whose leaders support Trump, closer to accessing the lucrative $12 trillion 401(k) retirement market as they seek to restructure companies for profit within a few years.
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Prosperity (PB) Q2 2025 Earnings Call Transcript
Prosperity Bancshares (NYSE:PB) has announced a definitive agreement to acquire American Bank Holding Co., aiming to strengthen its presence in South and Central Texas. This merger will add four branches in San Antonio and may lead to a leading market share in Corpus Christi. Want More Context? 🔎
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