M&A
M&A
-
Robert Wilmers joined M&T in 1983 when it had just $2 billion of assets and built it into a regional powerhouse with $120 billion of assets and operations in a dozen states.
December 17 -
For the first time in nearly nine years, an acquirer of a failed bank agreed to purchase only the institution’s insured deposits, making it likely that some customers will not recoup all of their uninsured funds.
December 15 -
The number of deals, overall dollar volume and premiums are on pace to top those from a year earlier, giving hope that even more consolidation will take place in 2018.
December 15 -
Kevin Tylus had been CEO of Royal Bank, which Bryn Mawr recently bought.
December 15 -
Amalgamated's purchase of New Resource Bank is part of a broader strategy to enter more U.S. markets.
December 15 -
The company, which had recently expressed confidence that the issue would be resolved, agreed last month to buy a bank in Florida.
December 14 -
The holding company structure makes sense for large banks with complex business models and small banks looking to bulk up through acquisitions. But for a large swath of banks in the middle, the benefits are harder to spot.
December 14 -
Dekalb County Credit Union has just $6 million in assets -- approximately the same amount that Vibrant earned in net income last year.
December 14 -
Target Corp. agreed to purchase grocery-delivery startup Shipt Inc. for $550 million, stepping up efforts to challenge Amazon.com Inc. in e-commerce orders.
December 13 -
The company agreed to pay $18 million for Atlantic Bancshares in a deal that will increase its operations along South Carolina's coast.
December 13 -
The company will pay $186 million for First Bank Lubbock in a deal that also includes mortgage unit PrimeWest Mortgage.
December 13 -
The company will also gain branches in northern Alabama when it buys Tennessee Bancshares.
December 13 -
Gemalto’s business boomed a couple of years ago at the peak of the U.S. EMV migration, but when new card orders tapered off and payments technology turned in new directions, the company’s profits got hammered.
December 12 -
The resulting institution will have more than $126 million in assets.
December 12 -
The California company is set to pick up a dozen branches after it buys FNB for $315 million.
December 12 -
The $74 million acquisition will allow First Mid-Illinois to expands it operatations in the Champaign-Urbana region in Illinois.
December 12 -
The company has agreed to buy the operations of Veterans Mortgage in Salt Lake City.
December 12 -
Atos SE made a 4.3-billion-euro ($5.06 billion) unsolicited bid for Gemalto NV with the backing of the French state’s investment bank, seeking to create a European leader in cybersecurity, digital technologies and payment services.
December 12 -
The bank, which agreed to acquire Hibernia Bancorp for $28 million, will adopt the seller's name after completing the deal.
December 11 -
The deal includes roughly 120 client relationships. Employees in CenterState's trust department will join Cypress Trust.
December 11














