M&A
M&A
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The Mile High City has been disrupted by a number of big bank mergers, which could increase competitive pressures on CUs across the state.
May 7 -
Small business owners using Square's payments platform and business tools may soon be asking "Elle" for assistance with customers.
May 7 -
The Pittsburgh bank says it is selling the assets to Federated Investors to focus its PNC Capital Advisors unit on providing outsourced services.
May 7 -
Sound Bank has new management as part of the transaction. It will also get a new name and expand into higher-growth markets.
May 7 -
The Mile High City has been disrupted by a number of big M&A deals, providing an opening for other banks to benefit.
May 6 -
The company will record a $2.1 million pretax gain in the second quarter after selling Summit Insurance Services to the Hilb Group.
May 6 -
Banco Bradesco said it will use the acquired bank to expand its investment offerings in the United States.
May 6 -
Concerns about job losses and political blowback still loom, but the two banks made it through a second day of public hearings hosted by the Fed relatively unscathed and with significant local support.
May 3 -
MidFlorida Credit Union has agreed to buy the $730 million-asset Community Bank & Trust of Florida in Ocala.
May 3 -
Mastercard has agreed to acquire digital bill payment platform Transactis, a deal the card network expects to close during the second quarter of 2019.
May 3 -
Speculation has been in the air about whether TSYS—one of the last large legacy processors—may be next in a big M&A deal after the pairings of FIS-Worldpay and Fiserv-First Data were announced this year.
May 3 -
The Capitola, Calif.-based institution reached the milestone a few months after acquiring another credit union.
May 2 -
Among his many responsibilities in the newly created role, Brian Doubles will be in charge of expanding Synchrony's direct-to-consumer banking business.
May 2 -
British bank NatWest will launch a merchant acquiring service to attract small and midsize businesses in the U.K. and other countries.
May 2 -
Activist concedes he doesn't have the votes to join Barclays' board; How an "inevitable" deal fell through and where the banks go from here.
May 2 -
It is comfortable with the deal for MidSouth despite the seller's lingering credit issues, given a shared history and the opportunity to add low-cost deposits.
May 1 -
It just got harder for banks in Georgia to enforce noncompete agreements in employee contracts. For employees of two merging banks, BB&T and SunTrust, the timing couldn’t be better.
May 1 -
Political contributions from Wall Street rose, but did they influence policy?; bank stocks post biggest monthly gain since President Trump was elected.
May 1 -
MidSouth had spent the last two years improving credit quality by reducing its exposure to energy credits.
April 30 -
Rising premiums and lengthy earn-back periods have made investors more skeptical than ever about M&A. So the sooner banks are able to convert systems and rebrand, the sooner they'll be able to meet the promised cost-cutting and revenue targets.
April 30





















