M&A
M&A
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The prepaid card marketer Green Dot (GDOT) has completed its acquisition of the location-based deals company Loopt.
April 4 -
Toronto-Dominion Bank has a secret weapon in its aggressive plans for international growth: sunny television personalities Regis Philbin and Kelly Ripa.
April 4 -
Banks announced 21 deals in March, capping the best quarter for M&A in nearly two years. Investment bankers say the momentum should continue to build throughout the year, adding that 2013 should be a particularly busy year of consolidation.
April 3 -
Signature Bank (SBNY) in New York has launched a new specialty finance company and has hired a team of executives away from rival Capital One Financial (COF) to run it.
April 3 -
Google (GOOG) has acquired the prepaid card processor TxVia, the companies said Monday.
April 2 -
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Raymond James Financial Inc. dismissed more than 200 employees as the wealth-management firm completed its acquisition of Morgan Keegan & Co., according to chief executive officer Paul Reilly.
April 2 -
A failed bank deal in Michigan last week could be a financial and symbolic boon for Huntington Bancshares.
April 2 -
High asking prices and stubborn CEOs will keep M&A tepid in the short run, but eventually it will pick up — and two or three regionals in the Midwest and South could disappear, panelists on an American Banker Roundtable said.
April 2 -
Heading into 2011, there were multiple signs that it would be an active year for bank mergers and acquisitions. But as we know, industry M&A fell well short of expectations.
April 1 -
Shares of Yadkin Valley Financial (YAVY) jumped nearly 10% Friday after an analyst identified the company as a possible "takeover target."
March 30 -
Participants in a recent American Banker roundtable debate to what extent tougher supervision for banks above $50 billion of assets will deter deals among banks below the threshold.
March 30 -
New York Community would be paid $24 million to assume $2.3 billion of deposits from Aurora Bank, a former Lehman unit. The liquidity could be used to retire bonds coming due, Joseph Ficalora says.
March 30 -
First Mariner Bancorp has warned investors that it is in danger of failing.
March 30 -
Regional banks are going to have to innovate and cut costs because revenue will remain tight and competition will get fiercer, Matthew Friend of Accenture Payment Services says.
March 30 -
BancTrust Financial Group (BTFG), a troubled Mobile, Ala., company that is looking for a buyer, has bought itself time to find one after reaching a deal to delay interest payments on a $20 million loan outstanding to the Federal Deposit Insurance Corp.
March 30 -
Toronto-Dominion Bank (TD) may be based in Canada, but its U.S. operations have become increasingly important to the future of the company — and of its employees.
March 30 -
Toronto-Dominion plans in the coming years to find Ed Clark's successor from within. Colleen Johnston, its chief financial officer, seems to have a strong shot but downplayed speculation in an interview.
March 30 -
New York Community Bancorp Inc. (NYB) has agreed to take on $2.3 billion of deposits from Aurora Bank FSB, a former mortgage arm of Lehman Brothers that has been winding down.
March 30 -
Three weeks after completing an acquisition for one small Pennsylvania bank, S&T Bancorp in Indiana, Pa., has struck a deal for another.
March 30







