With M&I under its belt, Downe envisions the Canadian company buying more Midwestern banks, broadening its wealth management business and attracting more U.S. investors.

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Citigroup Inc. and JPMorgan Chase & Co. will provide debt finance to a $1.97 billion buyout of the medical technology company Immucor by TPG Capital.

Bank of Montreal repaid more than $1.7 billion of bailout aid owed by Marshall & Ilsley when it completed its acquisition of the Milwaukee bank Tuesday.

Sandler O'Neill investment banker Emmett J. Daly shares his outlook on bank mergers in an interview with American Banker.

The Japanese-based parent of Union Bank in San Francisco has restructured its U.S. operations in order to improve its efficiency and help it better identify expansion opportunities here.

The Bank of Kentucky Corp. in Crestview Hills announced Friday a deal to acquire the operations of United Kentucky Bank of Pendleton County Inc.

Encore Capital Group Inc., a San Diego-based debt buyer, has been selected as one of “India’s Best Companies to Work For” by the Great Place to Work Institute, in partnership with The Economic Times.

In support of its claim that foreign governments are not subject to the Bank Holding Company Act, the Fed has only a speech given decades ago by a former Fed Governor, John LaWare, and more recent testimony to Congress by the Board's current general counsel, Scott Alvarez.

United Recovery Systems LP, a Houston-based accounts receivable management firm, has been awarded certified membership in the Commercial Collection Agency Association (CCAA) by the Commercial Law League of America (CLLA).

Leeds, UK-based Lowell Group, a large UK debt purchasing specialist, has been acquired by private equity firm TDR Capital and senior management for an undisclosed sum from Exponent Private Equity.

Prices for charged-off credit card debt remain stubbornly high, continuing a trend that began in 2010 as tighter credit standards imposed by lenders began to shrink the available supply.

Thirty-eight state attorneys general are opposing a proposed class-action settlement with debt buyer Encore Capital Group Inc.'s Midland Funding LLC unit over robo-signed affidavits in collection cases.

Uamco Ltd., South Korea’s biggest buyer of bad debts from banks, plans an initial public offering by September 2013 as stricter capital rules and accounting standards encourage lenders to sell more troubled loans.

Bill Bartmann's fast rise and fall in the debt-buying industry is an epic tale that many thought ended nearly a decade ago. But Bartmann is determined to keep the story going.

Debt buyer NCO Group Inc., based in Horsham, Pa., reported Tuesday drops in revenue and income for the quarter ended March 31.

Debt buyer Asta Funding reported flat earnings and revenue Tuesday and a drop in cash collections for the quarter ended March 31. The Englewood Cliffs, N.J. firm also reported spending more on debt portfolios in the quarter.

Debt buyer Portfolio Recovery Associates (PRA) on Wednesday reported record net income, cash collections and revenue in the first quarter ended March 31.