M&A
M&A
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Cautious executives at big regionals offer strict criteria for dealmaking, emphasize internal growth and play up niche targets in sharing their M&A outlooks.
January 23 -
Virgin Money Holdings U.K. Ltd. is in the final stages of buying part of MBNA Europe Bank Ltd.'s 10 billion-pound ($15.5 billion) U.K. and Irish credit card portfolio, the Sunday Telegraph reported.
January 23 -
Tennessee Commerce Bancorp has missed a regulatory deadline for improving its capital ratios and is now warning investors that it is likely to fail if it is unable to raise fresh capital or find a buyer.
January 23 -
LONDON - Bridgepoint is in exclusive talks to buy Morgan Stanley's wealth management unit, Quilter, a person familiar with the situation told Dow Jones Newswires Monday.
January 23 -
WASHINGTON — In the first three closures of the year, regulators shuttered institutions in Georgia, Florida and Pennsylvania.
January 20 -
Kelly King is bullish about BB&T's growth opportunity this year, and he believes the company has many options when it comes to M&A.
January 20 -
Bank of the West in El Paso, Texas, is changing its name to WestStar Bank to avoid confusion with a much larger San Francisco bank that shares its name.
January 20 -
Provident Bank president and chief executive Jack Kopnisky wasted no time in making good on his promise to hire bankers away from his competitors.
January 20 -
The rebound of credit card lending is having nasty side effects for Capital One Financial Corp. and American Express Co., which are increasingly spending more to compete for the most credit-worthy customers.
January 20 -
The Florida bank found out this week that the golden rule of M&A that sellers are in the driver's seat may not be true in this market. It was a major miscalculation, experts say.
January 20 -
After buying four failed banks in less than two years, City National Corp. in Los Angeles is now eyeing acquisitions of healthier banks while it continues to pursue organic growth in its existing markets.
January 20 -
Serial acquirer Grandpoint Capital Inc. has announced its first acquisition of 2012 as it prepares for the closing of its last announced deal.
January 20 -
Four months after its planned sale to Texas investment group fell through, The Bank Arlington near Dallas has found another buyer.
January 20 -
The agreements with rivals Community Bank System and Financial Institutions Inc. would complete First Niagara's planned divestitures in connection with its blockbuster deal for much of HSBC Bank's retail franchise.
January 20 -
Comerica Inc.'s fourth-quarter earnings were flat from a year earlier as merger-related charges masked the financial-services company's increase in loans.
January 20 -
Auburn National Bancorp in Alabama announced two moves that will largely offset each other during the first quarter.
January 19 -
Capital One Financial Corp.'s fourth-quarter profit fell almost 42% from year earlier to $407 million, as the bank's expenses surged.
January 19 -
BankUnited Inc. once seemed intent to grow on its own. But now, after a brief flirtation with selling itself, the company's main job will be assuring key constituents that it's simply going to stick around.
January 19 -
Scott Thompson's abrupt departure as PayPal's president leaves PayPal in the hands of a team of competent executives, but raises the question of who among them, if any, will be tapped to fill his role.
January 19 -
A good-news/bad-news story is the best way to describe fourth quarter 2011 results. The numbers also hold clues to where the banking business is heading.
January 19






