M&A
M&A
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Although they could in time reap benefits from the many back technology vendor mergers planned, banks may wait to make major IT spending decisions while the deals sort themselves out.
July 26 -
Warburg Pincus, one of the oldest and best-known private-equity players, has arrived at a strategy that experts say might offer a blueprint for the next phase of private-equity investing in banks.
July 26 -
BancorpSouth shares jumped sharply a day after the company reported an impressive financial turnaround, reporting earnings of $12.8 million for the second quarter.
July 26 -
Chapter 11 trustee Herbert Stettin on Monday filed the lawsuit against TD Bank in the bankruptcy case of Rothstein Rosenfeldt Adler PA.
July 26 -
In what would be its first open-bank acquisition in five years, Wintrust Financial Corp. in Lake Forest, Ill., announced Tuesday that it is acquiring Elgin State Bancorp Inc. in Elgin, Ill., for $13.8 million in cash and stock.
July 26 -
Royal Bank of Canada may spend as much as $1.06 billion to buy asset managers outside Canada as the country's largest lender seeks to triple profit from wealth management in the next four years.
July 26 -
Regions Financial Corp. swung to a surprise second-quarter profit, its third in a row, as the lender benefited again from shrinking loan-loss provisions and improved credit quality.
July 26 -
The transaction, which is expected to close Oct. 1, will combine Stone & Youngberg's institutional group with Stifel's public finance and bond underwriting expertise.
July 25 -
Commerce Bancshares Inc. and Cullen/Frost Bankers Inc. are in rare company as small banks with top shares in major cities.
July 25 -
These five banks are making deals work in the down economy, but they are tough acts to follow.
July 25 -
TD Ameritrade Holding Corp.'s directors plan to discuss at a meeting Tuesday the possibility of trying to acquire rival online-brokerage firm E*Trade Financial Corp., according to people familiar with the situation.
July 25 -
LONDON — Lloyds Banking Group PLC Monday said it has received "six credible proposals" for its retail branch network but is also considering an initial public offering.
July 25 - PSO content
Summit Account Resolution, a national medical collection agency based in Champlin, Minn., has acquired the assets of AKA Financial, a Minnesota-based health care collector that specials in mid-size hospitals and small medical practices. Terms of the deal were not released.
July 25 -
WASHINGTON — Two failed banks in Florida went to one acquirer Friday, and regulators also shut a $1 billion-asset bank in Colorado, as the year's failure total reached 58.
July 22 -
USAmeriBancorp Inc. in Clearwater, Fla., is planning to acquire the remaining stake in an Alabama bank that it does not already own.
July 22 -
Morgan Keegan, the brokerage unit of Regions Financial Corp., expects to receive initial bids on Monday from companies including Blackstone Group LP, Carlyle Group LP, Stifel Financial Corp. , TPG Capital, Apollo Global Management LLC and Warburg Pincus LLC, Reuters reported Friday citing sources familiar with the situation.
July 22 -
First Niagara Financial Group and M&T Bank are playing it cool on whether they plan to bid for HSBC's branches in upstate New York — but they aren't discouraging speculation, either.
July 22 -
If the second quarter's results are any indication, Hancock Holding Co.'s acquisition of Whitney Holding Co. is destined to be a crowd pleaser.
July 22 -
With loan demand still weak in many areas of the country, more and more bankers are starting to believe that their banks will need to merge with other institutions to achieve meaningful growth.
July 22 -
Last month, Hancock closed its all-stock takeover of Whitney in a deal valued at $1.3 billion.
July 22





