Original Source Material
BTIG has served as an equity capital markets referral partner for U.S. Bank since 2014. The two firms subsequently launched an M&A advisory referral program.
U.S. Bank to buy BTIG for $1B to bolster capital-markets business
Summary
• U.S. Bank is acquiring BTIG for $1 billion to strengthen its capital-markets business.
• BTIG has been a referral partner with U.S. Bank since 2014, collaborating on equity capital markets and M&A advisory services.
Why It Matters for Texas Credit Unions
The article does not mention Texas or any specific regulatory impact on Texas credit unions.