M&A
M&A
- PSO content
Accretive Health Inc., one of the nation's largest medical collection agencies, has hired its second Washington-based lobby firm after coming under fire in a report released in April by the Minnesota attorney general's office for allegedly pressuring patients into settling debts, sometimes before they received care. The Chicago-based hospital billing company will retain The Duberstein Group in addition to its first firm, Heather Podesta + Partners.
June 20 -
John Kanas, BankUnited's CEO, said settling with his former employer was a better option than enduring a lengthy legal battle and possible trial.
June 19 -
Capital One Financial (COF) has settled a longstanding legal dispute with former executive John Kanas.
June 19 -
Deals in Texas were pricey and plentiful in the first five months of the year, new data show. The state set the pace for rapid bank consolidation once before, and it could do so again.
June 19 -
Premier Community Bank in Marion, Wis., announced Tuesday that it is expanding into central Wisconsin with a deal to buy four branches from Baylake Bank (BYLK) of Sturgeon Bay, Wis.
June 19 -
Discover has started originating mortgages after buying Tree.com's home loan unit, but executives say the lender will be slow and "sensible" about expanding the business.
June 19 -
Alliance Data Systems (ADS) in Dallas announced Tuesday that it is buying the credit card portfolio of the retailer Bon-Ton Stores.
June 19 -
BB&T, Webster and TCF announce redemption plans and other regionals are likely to follow in advance of new capital rules that take effect Jan. 1.
June 19 -
There are fewer opportunities for upward mobility, and it's likely that the bank you go to work for will soon be merged out of existence. Is this the kind of environment that attracts the best and brightest?
June 19 -
Legacy Bank in Colwich, Kan., has reached its first deal in its 126-year history with an agreement to buy Alliant Bank in Sedgwick, Kan.
June 19 -
BancAlliance , a Chevy Chase, Md., asset management firm that helps small banks team up on large commercial loans, has raised $150 million in new capital that it will use to expand its lending network.
June 19 -
To address the squeeze that regulatory, media and consumer litigation pressures are placing on collection agencies, four collection industry veterans have joined to create Credit & Collection Certifications LLC.
June 19 -
-
MidSouth Bancorp (MSL) in Lafayette, La., announced Monday that it is buying two branches in Baton Rouge from rival Hancock Holding (HBHC).
June 18 -
Bank of Virginia (BOVA) in Midlothian is seeking more capital to fuel bank acquisitions following a prolonged restructuring.
June 18 -
Five years after embarking on a path to become a bank holding company, specialty lender CapitalSource is almost there. Tad Lowrey, the CEO of CapitalSource Bank, thinks the Fed will approve an application next year, now that company is "smaller, simpler and cleaner."
June 18 -
Bank of America (BAC) is in "advanced, exclusive discussions" about possibly selling its non-U.S. wealth management unit to Julius Baer for $1.5 billion to $2 billion, CNBC reported Monday.
June 18 -
Center Bancorp (CNBC) of Union, N.J., has taken another step in its plan to bulk up in northern New Jersey.
June 18 -
State regulators closed banks in Georgia, Florida and Tennessee on Friday, making June a busy month for failures.
June 15 -
Deal for Piraeus' Marathon Banking unit in U.S. satisfies Investors' M&A ambitions in New York for now, CEO Kevin Cummings says.
June 15





