June 15, 2020 / 7:35 PM / 24 days ago

U.S. Federal Reserve approves merger of First Horizon, IBERIABANK

WASHINGTON (Reuters) - The U.S. Federal Reserve announced on Monday it had approved a merger between First Horizon National Corp (FHN.N) and IBERIABANK Corp (IBKC.O).

The merger, announced in November, creates one of the largest banks in the southeast of the United States.

Reporting by Pete Schroeder; Editing by Chris Reese

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