M&A
M&A
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The company’s investment in a small business lender is said to be the biggest ever in Europe; the merger may raise questions from regulators, spur more mergers.
February 8 -
BB&T is buying SunTrust Banks, creating a $442 billion-asset institution. Credit unions are hopeful the mega merger will present an opening to pick up new business.
February 8 -
M&A editor Paul Davis explores the practical and political implications of the proposed merger between BB&T and SunTrust.
February 7 -
House Financial Services Chairwoman Maxine Waters said the merger is a direct result of a regulatory relief bill that was signed into law in May.
February 7 -
SunTrust’s merger with BB&T is the largest bank deal since the financial crisis, and mortgages will play a critical role in the execution of this transaction.
February 7 -
The stars aligned for the two longtime rivals to join forces, and some observers speculate that other regional banks will need to strike similar partnerships if they hope to remain competitive. But others say such deals are rare because they're hard to pull off.
February 7 -
BB&T and SunTrust would be able to go toe to toe with the industry's heavyweights.
February 7 -
The Lake Mary, Fla.-based shop will also convert to a state charter and plans to drop the phase "credit union" from its name.
February 7 -
The merged bank would set up an innovation and technology center in Charlotte as part of its bid to compete better against the largest institutions and fintech startups.
February 7 -
The combined bank will move into a more demanding supervisory class under the Fed’s regime, but analysts also see a regulatory upside from the deal.
February 7 -
Members at Star Credit Union, which has just $32,000 in assets, have approved the proposed merger into Summit.
February 7 -
Why now? Will it work? How will their rivals respond? The megadeal between the two East Coast regionals offers up plenty of grist for speculation.
February 7 -
The deal would be the biggest bank merger in more than a decade; banks would need to show how many days they could last with just cash on hand.
February 7 -
After a 50% increase in bank acquisitions by credit unions last year, analysts are predicting even more deals in 2019.
February 7 -
The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion.
February 7 -
John Asbury says his Virginia bank, soon to be renamed Atlantic Union Bank, could eventually stretch from Charlotte, N.C., to Baltimore and take on the big players that dominate those markets.
February 6 -
Payments providers PXP Solutions and Kalixa have merged to form PXP Financial, a London-based company focused on delivering omnichannel services to merchant acquirers.
February 6 -
Hometown Financial will merge Abington Bank into Pilgrim Bank. The combined bank will be run by Andrew Raczka, Abington's CEO.
February 6 -
The company will gain four branches in Athens, Ga., with the $52 million acquisition.
February 6 -
Volume was steady, but deal values would've been the lowest in years if not for one big, and very intriguing, transaction.
February 5


















