M&A
M&A
-
Former radio DJ Steve Streit has shepherded prepaid marketer Green Dot from its early days to its hard-won Fed blessing to buy a bank.
December 16 -
Shareholders for Parkvale Financial Corp. in Monroeville, Pa., have approved the company's sale to F.N.B. Corp.
December 16 -
Wells Fargo & Co. has signed a deal to acquire the investment boutique, EverKey Global Partners.
December 16 -
Fast-growing Webster First FCU, which entered the Bay State's north shore earlier this year with a deal for Saugus FCU, has agreed to acquire Winthrop FCU, its third merger of 2011, giving it a presence in the Boston market.
December 16 -
ALEXANDRIA, Va. — NCUA announced this afternoon it awarded CO-OP Financial Services, the credit union-owned payments company, the right to acquire the assets of U.S. Central's Corporate Network eCom, the failed corporate’s online and mobile payments services.
December 15 -
PNC and Amex are said to be among the prospective buyers for part of the insurance company's home loan operations, but why they or others would pay up for something they could build on their own is unclear.
December 15 -
Citigroup Inc., having recommitted to the retailer credit card business it tried in vain to sell, has signed a new deal with Ford Motor Co.
December 15 -
Little noticed was the fact that the recent ViewPoint agreement to buy Highlands Bancshares was one of the pricier deals in months. However, it's probably an exception to the rule.
December 15 -
Park National Corp. in Newark, Ohio, warned in a regulatory filing Wednesday that its 2011 loan-loss provision will be higher than anticipated after regulators said its Vision Bank unit improperly accounted for guarantor-support loans.
December 15 -
Someday there may no longer be such a thing as an alternative payment.This year, there have been several acquisitions or product changes that take alternatives and combined them with a company or product that handles payments in person.
December 15 -
The Buffalo bank completed three debt and equity offerings as part of its revised plan to pay for nearly 200 HSBC branches.
December 15 -
Prosperity Bancshares Inc. in Houston said it will start listing its common stock on the New York Stock Exchange.
December 15 -
Southwest Bancorp Inc. in Stillwater, Okla., has sold off roughly $300 million of problem loans in a move its chief executive said is a major step toward achieving its goal of sustained profitability.
December 15 -
Credit Suisse AG said Thursday it will merge its global foreign exchange and emerging markets fixed-income businesses from the start of 2012.
December 15 -
First Farmers Financial Corp. agreed late Wednesday to acquire First Citizens of Paris Inc.
December 15 - PSO content
The Town Council in Merrillville, Indiana is reviewing whether to hire a collection agency to help recover up to $1.9 million in ambulance bills that remain unpaid years after the town disbanded its Emergency Management Services.
December 15 - PSO content
Asta Funding, an Englewood Cliffs, N.J.-based debt buyer, reported Wednesday that net income for fiscal year ended Sept. 30, rose 236% to $10.5 million.
December 14 -
One day Ed, CEO of the local community bank, was in his office waiting for the start of the most dispirited board meeting in his bank’s 100-plus year history. As he waited, Ed began reminiscing about his first day at the bank, when he began working as an office boy at age twelve.
December 14 -
ALEXANDRIA, Va. – NCUA this afternoon approved the combination of Treasure State Corporate CU in Montana and Kansas Corporate CU, one of seven corporate mergers pending.
December 14 -
United Community Financial Corp. in Youngstown, Ohio, said Wednesday that it raised about $2 million from selling 1.6 million shares of common stock to an unnamed investor.
December 14



