M&A
M&A
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Malvern Federal Bancorp (MLVF) in Paoli, Pa., will raise up to roughly $36.4 million by converting to a 100% stock-owned company from a mutual holding company.
August 22 -
Investor and director Steven Sugarman will now share CEO duties with Gregory Mitchell at First PacTrust of Irvine, Calif. The company announced a bank deal Wednesday, and Sugarman is expected to take lead on nonbank deals.
August 22 -
First PacTrust Bancorp (BANC) has landed another deal and a co-chief executive.
August 22 -
A Newport Beach, Calif., firm that buys problem loans from banks has struck its second deal in less than a week.
August 21 -
Dealmakers have been pushing bankruptcy recapitalizations for a few years. The time may now be ripe with credit quality improving while debt loads linger.
August 21 -
Merger will allow the trading software vendor to broaden its range of business intelligence offerings.
August 21 -
Yes, megabanks provide useful, all-in-one services. But their biggest customers challenge the argument that they need financial behemoths to operate globally.
August 21 -
Yes, megabanks provide useful, all-in-one services. But their biggest customers challenge the argument that financial behemoths should be held together for their sake.
August 21 -
Big businesses' mixed feelings about their large bank partners are especially obvious when the conversation turns to proposed reforms of money-market funds, which corporate treasurers say could increase the power of "too big to fail" banks.
August 21 -
Ellington Financial in Old Greenwich, Conn., has raised roughly $76.7 million through a public offering and will use the funds to acquire securities and loans.
August 21 - PSO content
Improved market conditions likely sparked Target Corp.'s announcement last week that it is in talks with "several well-qualified partners" interested in buying its credit card portfolio.
August 21 -
Kevin Kabat of Fifth Third and Stephen Steinour of Huntington Bancshares have a lot to win — or lose — if they bid for Citizens Republic of Flint, Mich.
August 20 -
Unprecedented regulatory demands and competition require banks to continue innovating and diversifying, says Aubrey Patterson, the Tupelo, Miss.-based company's longtime CEO, in a wide-ranging interview.
August 20 -
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Seeking to increase its visibility in northern California, American River Bankshares (AMRB) in Sacramento has combined its three separately named banks under the name of its flagship brand.
August 20 -
Western Liberty Bancorp (WLBC) was built to buy — but now it has decided to sell.
August 20 -
BOK Financial in Tulsa, Okla., has acquired the Milestone Group, a boutique investment firm in Denver that caters to high-net-worth families in Colorado and Nebraska.
August 20 - PSO content
FICO announced a plan to acquire Adeptra Ltd. for an all-cash purchase price of $115 million.
August 20 - PSO content
Collection agency Capital Recovery Systems has collected nearly $80,000 in unpaid parking fines in one Indiana city so far this year.
August 20 -
In Global Finance's annual list of the world's 50 safest banks, European banks, both inside and outside the eurozone, garnered the most slots with 20. In contrast, only five American institutions made the cut.
August 17






