M&A
M&A
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Regional banks will have a hard time growing revenue and meeting the demands of Dodd-Frank, but they have some distinct advantages over other banks, too, panelists on a recent American Banker roundtable said.
March 29 -
Bankers should take these red flags into account when assessing corporate credit and vendor risk. No. 1 on the list: when a company's chairman and CEO are the same individual.
March 29 -
StellarOne (STEL) in Charlottesville, Va., has started searching for a new president and chief executive after O.R. Barham Jr. notified its board that he would retire at the end of 2013.
March 29 -
Toronto-Dominion Bank (TD) plans to open 50 new branches in New York City alone within four years, as the Canadian bank bets heavily on the U.S. to grow future earnings amid tight competition in its home market, its top executive said Thursday.
March 29 -
Barclays PLC has climbed to the top of the asset-backed securities market, thanks to an aggressive rebuilding effort and a surge in investor interest in bonds secured by automobile loans and unusual assets such as revenue from pizza franchises.
March 29 -
Gerard Cassidy, of RBC Capital Markets, on why PNC's acquisition of National City is hard to beat in the annals of bank M&A.
March 28 -
Participants in a recent American Banker roundtable say whether they would they pick a a community bank, a regional bank or a megabank if given a choice — and explain why.
March 28 -
Green Bancorp in Houston is bulking up in the Dallas area with a deal to buy Opportunity Bancshares in Richardson, Texas.
March 28 -
WORCESTER, Mass. – Webster FCU, fresh off two Boston-area mergers, announced this morning a deal for Filene FCU, one of the oldest credit unions in Boston that served employees of the famous retail chain once run by credit union pioneer Edward Filene.
March 28 -
Tompkins Financial in Ithaca, N.Y., is planning to raise $30 million in a secondary stock offering and may use the proceeds to redeem securities issued to VIST Financial through the Treasury Department's Troubled Asset Relief Program.
March 27 -
James J. Dunne III of investment bank Sandler O'Neill recovers briefcase containing $5,000 that he left in a taxi, invites cabdriver to his home for being "honest guy."
March 27 -
AmericanWest Bank in Spokane, Wash., is deepening its presence in California with plans to acquire Security Business Bank of San Diego.
March 27 -
CenterState Banks (CSFL) in Davenport, Fla.., is looking to slim down after spending much of the last three years bulking up through acquisitions.
March 27 -
HSBC's residential lending and servicing business continues to be under what the bank calls a "strategic review," leaving its mortgage workers in limbo.
March 27 -
Capital Bank Financial, a Miami company formed two years ago to buy distressed banks in the Southeast, has struck a deal to acquire Southern Community Financial (SCMF) in Winston-Salem, N.C., for $48.4 million.
March 27 -
John Mack, the former chief executive and chairman of Morgan Stanley, is joining private-equity giant KKR.
March 27 - PSO content
A Georgia House committee this week tweaked the "Small Business Borrower Protection Act," a bill containing restrictions for debt buyers that was passed in February by the Georgia Senate.
March 27 -
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BankAtlantic Bancorp (BBX) said in a regulatory filing that it will change its name to BBX Capital as part of its deal to sell its thrift to BB&T (BBT) in Winston-Salem, N.C.
March 26 -
At least three serial consolidators are positioning themselves for more deals should the right opportunity arise. SCBT and Iberiabank filed shelf registrations this month, while Wintrust raised $127 million.
March 26





