M&A
M&A
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Heritage will have 17 branches around San Francisco when it completes the $200 million acquisition.
May 17 -
Financial advisory firm hopes to double in size in three years leveraging Goldman’s resources; bank had about £1 billion worth of orders.
May 17 -
Democrats and Republicans on the House Financial Services Committee called for steps to minimize the harm to community banks and credit unions bracing for the new accounting standard.
May 16 -
Agency says it will vet Timothy Sloan’s successor; Eric Blankenstein, who came under fire for 2004 racist blogs, to step down.
May 16 -
American Express has agreed to acquire Resy, a restaurant reservation booking and management platform.
May 15 -
"Institutional support" spurs cryptocurrency price gains; the regulation limits what banks can charge for going negative on accounts.
May 15 -
Ask 453 bankers their forecasts on loan demand and the economy, or their feelings about the BB&T-SunTrust merger, pot banking as well as other hot issues, and a clear picture emerges. Promontory Interfinancial Network recently did just that, and here our five takeaways from the results.
May 15 -
The new capital will allow the Austin bank to increase its lending limit.
May 14 -
The bank plans rollout of a global cash management business; the lead Democrat on the Senate Banking Committee “not optimistic” about privatization.
May 14 -
The Illinois company will gain six offices after it buys Investors' Security Trust.
May 13 -
Purchase of United Capital Financial would extend the bank’s reach; the bank is raking in online deposits even as it pares back its branch network.
May 13 -
Wells Fargo creates unit to satisfy regulatory demands; U.S. Bank employee fired after blowing whistle on sales scheme, lawsuit says; what BBVA's new U.S. CEO has on tap; and more from this week’s most-read stories.
May 10 -
The deals lets a North Carolina group skip the de novo process. West Town, which sold the bank, will use the funds to support a fast-growing business line.
May 10 -
The chairwoman of the House Financial Services Committee said the panel will be holding its own public hearings on the proposed merger.
May 10 -
ACI Worldwide launched a new mobile wallet with loyalty capabilities to bolster its Universal Payments platform with consumer bill-paying services.
May 9 -
The city, among the Midwest's most vibrant C&I markets, is luring community banks, as well as giants like PNC and JPMorgan Chase.
May 9 -
The proposed merger will create a bank with more than $1 billion in assets.
May 9 -
Consolidation activity was ho-hum for most of April before a burst of transactions — and notable ones at that — were announced in the month's final week.
May 8 -
Pinnacle Bank chief Terry Turner never lacks specifics. He wants to expand inside a triangular zone that connects three Southern and mid-Atlantic cities, aims to enter five particular markets, and speaks bluntly about his plans for hiring alums of BB&T and SunTrust.
May 8 -
The Fed is moving to prepare banks for unexpected shocks tied to weather; rules would be eased for trades between affiliates.
May 8





















