M&A
M&A
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A decision to slash the equity required for most change-in-ownership loans could help the small-business lending program top its recent record.
November 22 -
The Michigan company, which lost more than $1.4 billion in the aftermath of the financial crisis, is trying to become more of a commercial lender. Its recent agreement to buy a deposit-rich franchise in California could help it get there.
November 21 -
CapStar claims Gaylon Lawrence violated the Change in Bank Control Act by building a 10% stake without prior Fed approval. The company says it's convinced Lawrence's long-term plan includes a hostile takeover.
November 21 -
Blue Lion Capital believes a heavy focus on mortgages and acquisitions is hurting HomeStreet's financial performance.
November 21 -
The merger will expand Wisconsin-based Marine's Iowa footprint.
November 20 -
The merger of Fallowfield and South Manchester CUs will give the institution a total of 3,700 members and a loan portfolio of $3.6 million.
November 20 -
The Tennessee branches are being sold as part of First Horizon's deal to buy Capital.
November 20 -
The credit union has agreed to buy State Bank of Georgia in Fayetteville.
November 17 -
The company, which counts veteran banker Jay Sidhu among its investors, is selling to Ameris for $145 million in cash and stock.
November 17 -
The deal for PayPal’s consumer loan portfolio will make Synchrony a bigger player in e-commerce. And the agreement helps the Silicon Valley payments giant achieve its goal of reducing its exposure to the credit cycle.
November 16 -
The company has agreed to pay $49 million for First West Virginia Bancorp, the parent of Progressive Bank.
November 16 -
Deutsche Bank and Commerzbank have held talks before, and now they have a common shareholder — the U.S. PE firm Cerberus — in a position to broker a deal.
November 16 -
Bank of McKenney rebranded itself as Touchstone Bank after its merger with CCB Bankshares.
November 15 -
Freeing a number of big banks from enhanced oversight, including capital requirements, could motivate CEOs to pursue deals. Still, other impediments could prevent a flood of large mergers.
November 14 -
The acquisition is expected to boost WesBanco’s presence in Huntington, W.Va., and provide a bridge to its existing operations in Charleston, W.Va., and southeastern Ohio.
November 14 -
The company will pay $53 million in cash and stock for Signature Bank.
November 14 -
The planned sale will also include $70 million of loans in southern California.
November 13 -
The company has reapplied to buy Civic Bank more than a year after a regulatory snag forced it to put the deal on ice.
November 13 -
Sterling Bancorp in New York is determined to turn Astoria Financial's largely residential operation into a commercial powerhouse. While investors are skeptical, CEO Jack Kopnisky has proven in the past that such an ambitious plan is doable.
November 13 -
HSBC Chairman Mark Tucker has met with shareholders and discussed takeovers of U.S. credit card businesses in his first month in office, the Sunday Times reported.
November 13














