M&A
M&A
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Valley, which had focused on Florida in recent years, will double its market share in Bergen County with the $740 million acquisition.
June 26 -
Brad Goedken wants agreements for HarborOne Bancorp to include better protections, such as cost reductions if a service fails.
June 25 -
Visa has agreed to acquire token services and digital ticketing technology from Rambus Inc. in a move the card brand says will expand its tokenization security beyond Visa cards into other networks.
June 25 -
The biggest challenge for credit union acquirers involves retaining commercial customers at the banks they buy. That's why constant communication, and having more commercial products and services, matter.
June 25 -
Credit unions can usually limit attrition of consumer accounts after a bank acquisition, but maintaining relationships with business customers is the bigger challenge.
June 25 -
This year’s payments industry mergers have exposed numerous corporate, geographic, product and talent gaps, yet perhaps few payment types are more challenging and stuck in the past than health care.
June 24 -
House Financial Services Committee Chairwoman Maxine Waters wants to examine the merger of BB&T and SunTrust, as well as Facebook's cryptocurrency plans.
June 24 -
The deal with Frandsen Financial is the 12th bank M&A transaction this year involving a seller in Wisconsin.
June 24 -
Seed, a San Francisco startup, has developed a platform that lets small businesses quickly open accounts online. That's an important feature for Cross River as it courts more fintech clients.
June 24 -
Shore Community Bank, which has five branches in Ocean County, will sell for $53 million.
June 24 -
Independent Bank in Texas, the seller, gained the business after buying Guaranty Bancorp.
June 24 -
Google explored the OCC's fintech charter, then walked away; the biggest changes in digital banking could be just ahead; 'Truist' rebrand prompts lawsuit by N.C. credit union; and more from this week's most-read stories.
June 21 -
Executives and directors from across the industry discussed their concerns for the industry and priorities for the next year during this year's NAFCU and CUNA annual conferences.
June 21 -
Members of the Georgia Credit Union Affiliates have voted to join the League of Southeastern CUs, the second such merger this year. Analysts say there could be more to come – and soon.
June 21 -
The Columbus, Ohio, bank has hired a former executive from Bank of America to run the new business, which will target physician, dentist and veterinary practices.
June 20 -
An acquisition as large as Fiserv's deal to buy First Data has lots of moving parts, but one big piece may be a new First Data product that's designed to improve the vexing problem of payment approvals.
June 20 -
The Cincinnati bank could add about $30 million a year in noninterest income with its deal for the capital markets firm Bannockburn Global Forex.
June 19 -
Last year, CEO Darryl White said his goal was for U.S. operations to account for one-third of the bank's earnings in three to five years. It was a matter of months before the goal was reached.
June 19 -
Shareholders of both companies will meet separately next month to cast ballots on the $28 billion deal, and BB&T investors will also decide whether the new company should be called Truist Financial.
June 19 -
A Wisconsin credit union's agreement to acquire a small Chicago bank, the eighth credit union-bank deal this year, led bankers to once again call for policymakers to slow the trend. A credit union trade group complained that banks are trying to stifle competition.
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