M&A
M&A
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BankAtlantic Bancorp's deal to sell the bulk of its assets to BB&T Corp. has come under attack from yet another BantAtlantic investor: Wells Fargo.
January 13 -
Dutch financial services company ING Group said Friday that it may have to sell more assets to repay state aid, as it grapples to meet stricter banking rules and protect itself against choppy markets.
January 13 -
Bank of America has told regulators that it is willing to retreat from some parts of the country if its financial problems deepen, according to people familiar with the situation.
January 12 -
Private equity's impact on job creation has come to forefront over the last week of the Republican presidential candidate primaries, as critics took aim at Mitt Romney's Bain Capital career.
January 12 - Louisiana
IberiaBank Corp. in Lafayette, La., is eyeing expansion in Birmingham and other metropolitan markets in Alabama.
January 12 -
All banks are affected by more stringent regulation, but it is the less-healthy ones that are most likely to throw in the towel because of it.
January 12 -
KeyCorp returns to the M&A trail for first time in years in agreeing to buy 37 branches in western New York. The seller, First Niagara, is still trying to digest what it already has in the works.
January 12 -
Citigroup Inc. appears to have abandoned its plan to sell its consumer lending unit until the economy improves and it can fetch a better price for it, according to Fitch Ratings Inc.
January 12 -
Under orders to divest branches as a condition of its pending deal with HSBC Bank USA, First Niagara Financial Group Inc. in Buffalo announced early Thursday that it is selling more than three-dozen western New York branches to one of its closest competitors.
January 12 -
Washington Mutual on Wednesday moved a step closer to an exit from bankruptcy when a judge rebuffed a bid to hold up confirmation proceedings for the company's $7 billion Chapter 11 plan.
January 11 -
Regions Financial Corp. has entered into a long-awaited agreement to sell Morgan Keegan & Co. and related affiliates to Raymond James Financial Inc. for $930 million.
January 11 - New Jersey
Kevin Cummings, the CEO at Investors Bancorp, is eager to buy more banks and thrifts as his New Jersey company seeks deposits to fund its growing commercial book.
January 11 -
Susquehanna Bancshares Inc. in Lititz, Pa., said it expects to complete its acquisition of Tower Bancorp in Harrisburg, Pa., on Feb. 17 after securing regulatory approval.
January 11 -
Two small Kansas banks that have been fixtures in their rural communities for decades are planning to merge in a bid to improve efficiency and better contend with increasing compliance costs.
January 11 - PSO content
The Accounts Receivable Management (ARM) sector saw a significant jump in transaction value in 2011, according to a report by Greenberg Advisors. Aggregate transaction value totaled $1.54 billion, 27% more than 2010 and 163% greater than 2009.
January 11 -
Three months after putting its "forward" mortgage origination business on the block, MetLife announced Tuesday it had shut the operation down.
January 10 -
W. Edmund Clark, the president and chief executive of Toronto-Dominion Bank, on Tuesday said the down economy should not keep his Toronto-based bank from continuing to grow profits in the U.S.
January 10 -
Bill Downe pledges that the new BMO Harris, which combined Harris Bank and recently acquired M&I, will be a regional powerhouse despite M&I's loss of market share and other problems.
January 10 -
The Federal Reserve on Tuesday disclosed a written agreement with Gold Canyon Bank in Gold Canyon, Arizona.
January 10 -
A federal arbitration panel has fined the brokerage firm Morgan Keegan & Co. for mishandling the account of an Atlanta charity.
January 10



