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💙 PayPal Gets Courted By Stripe. Morgan Stanley Runs It Up. PNC Cashes In On M&A.
Published 3 months ago
Description
PayPal just became a takeover target for the company its own alumni network basically inspired, and Wall Street's biggest banks are posting numbers that don't look like a "late-cycle economy." We break down the Stripe-PayPal bid, why Morgan Stanley's trading desk is suddenly unstoppable, and how PNC turned a regional bank acquisition into a record quarter.