M&A
M&A
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First Busey is buying a bank with a large securities portfolio, whose size would be easier to adjust than traditional bank assets as it seeks to stay below the $10 billion mark.
September 14 -
Swedish financial services provider Klarna Bank has boosted its U.K. foothold by agreeing to buy merchant bankers Close Brothers' retail financing portfolio.
September 14 -
Philadelphia Mint FCU has lost money for each of the last several years.
September 13 -
Washington Federal in Seattle allowed Anchor Bancorp to find another buyer after BSA issues forced it to withdraw its merger application.
September 13 -
The company will pay $142 million for Carolina Alliance Bank three months after buying NewDominion in Charlotte, N.C.
September 13 -
Regulators have approved the merger of Vibe and Okland County Credit Unions, which is expected to take effect early next year.
September 12 -
The Los Angeles company will also gain its first branches in Nevada after completing the $467 million acquisition.
September 12 -
Entrust Financial CU plans to merge into ValleyStar CU to create a $500 million institution.
September 11 -
Just days after Honolulu-based Hawaiian Financial announced its rebranding, the credit union has merged with nearby Times FCU.
September 11 -
The proposed rule is another step in the agency's implementation of a regulatory relief bill that President Trump signed into law in May.
September 10 -
Ring's smart doorbell was its billion-dollar ticket to Amazon's empire, which bought the company as part of its move into consumers' homes and communities.
September 10 -
Ripple's role in streamlining international transactions and the popularity of its XRP tokens has boosted the company's value, but has also drawn critics who claim Ripple is illegally gaming the market.
September 6 -
Dallas Federal Credit Union has merged into Neighborhood CU, with the combined institution serving more than 55,000 members.
September 5 -
The Ohio company agreed to buy TransCounty Title Agency, which has five offices around Columbus.
September 4 -
Hanmi thought it was all set to buy SWNB in Houston, but the seller was unable to secure enough shareholder votes to back the deal.
August 31 -
The USAmeriBank deal was supposed to give Valley National Bancorp a bigger presence in Florida, but it did more than that — it provided a model for banking businesswomen that Valley can copy in its New York and New Jersey markets.
August 30 -
The deal, announced earlier this year and set to close on Aug. 31, will expand the credit union's branch network and boost its membership.
August 30 -
The Ohio regional will start offering advisory services to professional athletes after it buys Franklin Street Partners.
August 29 -
SWNB Bancorp was unable to secure enough votes to back its proposed sale to Hanmi Financial.
August 29 -
Both of the credit unions being absorbed posted losses for 2017 and the first half of 2018.
August 28




















