M&A
M&A
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The number of deals rose slightly in the second quarter, but take away big acquisitions by PNC and Capital One and the value of them fell.
August 4 -
ING Group NV said Thursday it wants to talk to the European Commission to discuss alternative options for a Dutch banking unit it has had trouble finding a buyer for.
August 4 -
A possible deal between bank technology vendors Fidelity National Information Services and Misys has fallen through after the companies failed to agree on price.
August 4 -
Congress has expressed deep concern about the regulatory control of banks, yet at the same time wants banks to aggressively finance business and economic growth.
August 3 -
The payments technology vendor said its agreement to combine with S1 remains in effect as it reports a 16.4% increase in second-quarter revenue.
August 3 -
American Express Co. has told Industrial & Commercial Bank of China Ltd. it will keep its stake in the lender after entering into a contract to hedge fluctuations in the stock price, Reuters reported Wednesday citing a source with direct knowledge of the matter.
August 3 -
Payments technology vendor Fundtech Ltd.'s second-quarter revenue rose 16.4% from a year earlier to $40.5 million as it closed 130 new deals and added 14 new bank clients.
August 3 -
Fulton Financial said the directors of its $2 billion-asset The Bank in Mt. Laurel and its $1.37 Skylands Community Bank in Chester have agreed to merge.
August 2 -
Amid industry consolidation, PrimeVest Financial Services Inc. has enjoyed growing success over the past few years in signing its bank partners to longer contracts.
August 2 -
FNB United in Asheboro, N.C., has finished raising the $310 million of capital it needs to move forward with its plan to acquire another North Carolina bank.
August 2 -
Hampton Roads Bankshares Inc. in Norfolk, Va., has sold its insurance business as part of its ongoing effort to reduce overhead and streamline operations.
August 2 - PSO content
Debt buyer Encore Capital Group Inc. financial results for the second quarter showed gains in revenue, net income and gross collections, according to an SEC filing.
August 2 -
Financial technology vendor S1 Corp.'s board of directors has rebuffed an unsolicited acquisition bid from rival ACI Worldwide Inc., signaling its commitment to an existing agreement it has to buy another competitor.
August 2 -
Old National Bancorp's purchase of Integra Bank, its largest competition, is not your usual FDIC failed bank deal, and could be considered subtraction by addition.
August 1 -
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The Buffalo bank worked too hard during the crisis years to put its efforts "in harm's way," Koelmel said.
August 1 -
In an otherwise down day for bank stocks, shares of Old National Bancorp rose sharply Monday after the Evansville, Ind., company reported strong earnings for the second quarter and added dozens of new branches with its acquisition of a failed bank.
August 1 -
Buffalo bank's deal for 195 HSBC branches will require raising capital, divesting and integrating technology. Execs insist it’s all manageable.
August 1 -
Just-in-time investing could be the next big thing in private equity investing, headed by Warburg Pincus in New York.
August 1 -
PNC Chief Rohr has "no interest" in Regions or SunTrust after RBC deal, Stifel Nicolaus analyst says.
August 1





