Daryl Byrd is reluctant to discuss specific markets, though he says in an interview Tuesday that his company is open to deals in several states as it looks to grow more outside its home turf in Louisiana.

Bank of Montreal expects to save $300 million a year from the acquisition of Marshall & Ilsley, $50 million more than initially forecast, CEO William Downe says.

A Virginia investor who has co-founded and sold three community banks in the past decade may buy up to a 45% share in First Capital Bancorp Inc. in Glen Allen, Va.

Debtors and their lenders will square off before the Supreme Court next month over a bidding tactic that secured lenders use to preserve collateral in bankruptcy cases.

Bank of Montreal (BMO)'s takeover of Wisconsin lender Marshall & Ilsley is a "game changer" that allows Canada's fourth-largest lender to expand in the midwest with further takeovers, according to Chief Executive Officer William Downe.

Citigroup Inc. has reached a long-term agreement to provide credit services for the retailer coalition BrandSource.

Dan Magder, a director of acquisitions for Lone Star Funds, has quit the investment firm to focus on what he calls an "REO-to-rental investment opportunity."

The New York Investment firm Prospect Capital Corp. has agreed to acquire a majority stake in specialty-finance company, First Tower Corp., for roughly $266 million.

A breakdown of M&A announcements for the last week

Private equity investors are requiring rigorous stress testing of banks' loan portfolios before they even consider making an investment.

Pacific Crest FCU announced on Monday that it is acquiring two northern California branches from ailing PremierWest Bancorp.

Bank of America Corp. dismissed Steven Milunovich and two other energy analysts as the lender seeks to trim expenses in its investment bank, said two people with knowledge of the moves.

Less than 250 credit unions have the size, capital, and charter needed to successfully buy a community bank.

Union Bank's deal to buy Pacific Capital is making the U.S. Treasury's decision to a quick write-down on its investment in the target on look like a shrewd choice.

In what would be the first acquisition in its 50-year history, Peoples State Bank in Wausau, Wis., is planning to buy the $108 million-asset Marathon State Bank in nearby Marathon City for $5.6 million.

No, it's not a loan or a piece of land but a deferred tax asset. See how the $800 million accounting item might make it harder for the Columbus, Ga., bank to fend off prospective buyers.

As Chris Larsen steps aside as Prosper's CEO, the company — and the rest of the peer-to-peer lending industry Larsen helped create — has the opportunity to change its course and possibly even merge with one of the very banks it originally sought to displace.

Bahrain-based investment firm Arcapita Bank has filed for bankruptcy protection after failing to secure a refinancing on its $1.1 billion credit facility.

SHANGHAI (Dow Jones) - Citigroup Inc. said Monday it has sold its entire 2.71% equity stake in Shanghai Pudong Development Bank, which will result in an after-tax gain of approximately $349 million.

PARIS (Dow Jones) - Societe Generale is close to selling a U.S. commercial property loans portfolio to private equity company Blackstone Group for $100 million, as the French bank forges ahead with its restructuring plans, a person familiar with the matter said Monday.