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Ted Peters likes to build things and he does not like retirement. The veteran banker will soon solicit outside investors for a fund that he hopes will amass $100 million to pump into promising community banks.
January 12 -
Potential buyers have long been wary of high premiums and the potential for volatility in the energy sector. A harsh correction in oil prices and Texas bank pricing has suddenly given those banks a chance to revisit their views.
January 8 -
Jimmy Dunne, a senior managing principal at the Sandler O'Neill, recently discusses the state of bank M&A, the importance of size and scale and why he never wants to take his New York investment bank public.
January 6
Keefe, Bruyette & Woods and Sandler O'Neill & Partners commanded the market for bank M&A advisory in 2014, according to
KBW topped the rankings for total deal value, after coming in
Sandler O'Neill ranked second for total value. Sandler advised $6.1 billion in deals in 2014, a 5% decrease from the previous year, when it ranked first with $6.4 billion in transactions.
JPMorgan Securities dropped to fourth place from No. 2. The unit of JPMorgan Chase advised acquisitions worth $3.4 billion in 2014, down 42% from a year earlier, when it oversaw $5.9 billion in deals.
In terms of the number of deals completed, Sandler O'Neill topped the list with 58 deals. KBW came in second, advising 46 transactions.
SNL's legal rankings were led by Wachtell Lipton Rosen & Katz. The New York law firm offered counsel for acquisitions worth $8.1 billion, a 59% increase from a year earlier.
Cleary Gottlieb Steen & Hamilton in New York took second place, closing $4.1 billion in bank deals. The firm was not included in SNL's financial adviser rankings for 2013.
