M&A
M&A
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Earlier this week, the e-commerce payments giant announced a $400 million deal to acquire Hyperwallet and its payment distribution technology. The deal for Palo Alto-based Simility takes aim at a different need: applying machine learning to its data collection to prevent various types of fraud.
June 21 -
CB Financial Services said its current CEO, Barron McCune Jr., was retiring and would be replaced by its president.
June 21 -
The company agreed to aquire United Bancorp. for $51 million.
June 21 -
Old National will have the fifth-biggest deposit market share in the city when it completes the $434 million acquisition.
June 21 -
The payments company said it plans to spend $1 billion to $3 billion a year on acquisitions; NYS fines bank $205 million.
June 21 -
First Western in Colorado and Coastal Financial in Washington are the latest banks to disclose plans to go public.
June 20 -
PayPal is spending billions on M&A to throttle the heightened competition it faces from the likes of Square and Stripe.
June 20 -
The company will pay $48 million for four branches and $230 million in loans.
June 20 -
Jelena McWilliams said the agency will ask banks what's working and what's not; the acquisition of Hyperwallet Systems lets PayPal offer more services.
June 20 -
Ruoff Financial will make its first push into banking with the purchase of SBB Bancshares.
June 19 -
The Connecticut company will have nearly $48 billion in assets after it buys First Connecticut Bancorp.
June 19 -
Cornerstone Credit Union will acquire tiny Milledgeville Community Credit Union in a merger set to take effect later this summer.
June 19 -
Three years ago the core provider Finastra sought the help of Malauzai to meet customers' cutting-edge technology demands. This week, it bought the software maker.
June 18 -
Cost-cutting will be important, but for its acquisition of CoBiz to be a winner, BOK Financial will have to prove it can boost fee income as it has with smaller acquisitions.
June 18 -
The deal for the Denver commercial lender joins a growing list of large acquisitions being announced in competitive urban markets.
June 18 -
Blue Lion Capital, which has been a vocal critic of the Seattle company's strategy, also wants management to consider selling its MSR portfolio.
June 15 -
Cadence first discussed a deal with the Atlanta target four years ago. But negotiations picked up steam once it was clear State Bank had another suitor.
June 15 -
The acquisition will help Carolina Trust expand its operations around Charlotte.
June 15 -
The Canadian company's ambitions include opening a commercial banking office in Dallas and beefing up lending to the technology, construction engineering and the health care sectors.
June 15 -
The Indiana bank would add nearly $100 million in deposits with its purchase of FM Bancorp.
June 14






















