The company will also gain its first branches in New Mexico after it buys Peoples Inc.

The merger is expected to be completed by the end of November.

The Canadian bank twice sweetened its bid for PrivateBancorp, raising the stakes. Now it must gain traction in the hypercompetitive Chicago market while hunting for more acquisitions.

A headquarters move to Boston, a core system with plenty of headroom and a CEO who admires big acquirers like M&T and the old Banknorth: All the signs are there of an ambitious bank with a plan.

CIBC plans to spend two years focusing on internal growth at PrivateBank except for some targeted wealth management acquisitions, but ultimately capital outlays or takeovers will be necessary to meet its growth ambitions.

The billionaire investor agreed to buy shares at a deep discount and provide a fresh credit line for the Canadian mortgage company, tapping a formula he used to prop up lenders from Goldman Sachs to Bank of America.

One of the biggest challenges after a merger is deciding which people to keep and which to let go. Learning to identify certain habits and skills could simplify those decisions.

Byline Bancorp's decision to go public sends a message that it plans to dangle a more liquid stock in front of potential sellers. It also provides a way for certain shareholders to cash out.

With interest in these cross-industry deals growing, the CU credited with the first whole-bank acquisition is launching a CUSO to facilitate the process.

If credit unions want to keep the much-touted white hat the movement likes to wear, they may need to learn to live with yet another rule they're not fond of.

The CU regulator stopped short of banning financial incentives in the merger process, but a proposed rule could make it easier for members to know who gets what when the deal closes.

Pinnacle Financial Partners closed in on $20 billion in assets by buying BNC. It now has to integrate the North Carolina bank, while finding ways to boost profit and adapt to increased regulatory burden.

A proposed merger regulation from NCUA could make it easier for members to share opinions on whether or not their CU should merge, but analysts say it could also allow members to compliate or even derail the entire process.

Amazon has been making some aggressive moves in the grocery industry in recent months, but perhaps none so aggressive as its just-announced deal to buy Whole Foods for $13.7 billion.

With the first half of 2017 drawing to a close, bank executives gathered this week at the Morgan Stanley Financial Services conference to discuss their companies’ performance thus far and, more important, outline their priorities for the rest of the year and beyond. Here are some of the highlights.

Seven banks have agreed to be sold to credit unions in the last 18 months. Expect more deals as both industries face internal and external pressure.

Adding Community 1st Bank would help it expand in northern California.

AloStar was formed in 2011 by an investor group that bought the failed Nexity Bank in Birmingham, Ala.

Casey Crawford, head of the rapidly growing Movement Mortgage, recently recapitalized First State Bank in Danville, Va., with his own money.

Amid a sharp rise in delinquencies, Signature may try to sell all or parts its $603 million taxi medallion loan portfolio.