Mike Waters, a partner on the firm's Banking & Financial Services Industry Team in the Birmingham office, was quoted in the article "A look back: PNC-BBVA deal sparked opportunities, challenges," published by the Birmingham Business Journal on March 21, 2023. The article covered the future role of PNC Bank in Birmingham after its acquisition of BBVA USA in 2021. Mike explained that BBVA USA's strategic location in Birmingham was likely an important factor in PNC's decision to buy it, and pointed out that the state banking department might experience a significant loss of fee income as a result of the deal.