M&A
M&A
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The $420 million-asset company said in a press release Thursday that Keith Costello, who formed Broward Bank of Commerce in Fort Lauderdale in 2009, will succeed Ken LaRoe as chief executive of First Green Bank.
May 19 -
Simmons First National in Pine Bluff, Ark., has agreed to buy Citizens National Bancorp in Athens, Tenn.
May 18 -
HCSB Financial in South Carolina recently raised $45 million from a group led by Castle Creek Capital Partners, showing that big investors are still comfortable placing bets on financial firms. The challenge for banks like HCSB will be to find ways to put that capital to work years after other institutions were able to start playing offense.
May 17 - Pennsylvania
BB&T in Winston-Salem, N.C., plans to cut 240 jobs and close 28 branches as part of its integration of National Penn Bancshares.
May 17 -
Six years ago the family that controlled Home State Bancorp in Colorado said they were in it for the long haul. But, after a methodical review process tied to estate planning, family members decided to cash in their holdings.
May 17 -
Grant Bancshares in Natchitoches, La., has agreed to buy Tri-State Bank and Trust in Haughton, La.
May 17 -
Chatter about a potential sale of Comerica has raised questions about how regulators would vet the sale of a large institution. Here's a look at some of the biggest banks to sell since the financial crisis, ranked by asset size.
May 17 -
Seacoast CEO Dennis Hudson, in a letter to the company's biggest shareholder, touted improved performance while questioning the timing of the investor's push for a sale.
May 16 -
A pair of Massachusetts thrifts have bought insurance agencies.
May 16 -
PacWest Bancorp in Los Angeles is the latest bank to exit its loss-share agreements with the Federal Deposit Insurance Corp.
May 16 -
BBCN Bancorp in Los Angeles will rebrand itself as Hope Bancorp after buying Wilshire Bancorp. The $8.1 billion-asset BBCN also plans to change the name of its banking subsidiary to Bank of Hope after the deal closes.
May 13 -
As more fintech companies seek bank charters in the U.S., acquiring a community bank is one potential option.
May 13 -
Seattle, with great demographics and low unemployment, is an attractive market, but M&A is constrained by a dearth of locally owned banks.
May 13 -
Stephen Scherr, Goldman Sachs Group's chief strategy officer, will take on the additional role of chief executive officer for banking operations.
May 13 -
Approval from the Federal Reserve Board is all that stands between Bank of the Ozarks in Little Rock, Ark., and two acquisitions that will add $6.1 billion in assets.
May 13 -
BancAlliance, a network of community banks that has been snapping up loans from LendingClub, is weighing whether to suspend purchases on the online platform after the company said it's overhauling internal controls.
May 13 -
Coastal Carolina Bancshares in Myrtle Beach, S.C., said in a press release Thursday that it will pay $12.2 million in cash and stock for VistaBank in Aiken, S.C.
May 12 -
KeyCorp in Cleveland will open a regional headquarters in western New York as part of its acquisition of First Niagara Financial Group.
May 12 - Texas
Recent speculation that Comerica is on the block has sparked a conversation about how regulators would vet the sale of a SIFI.
May 12 -
The head of a small bank in Massachusetts has negotiated a $1.3 million change-in-control payment when his bank gets sold even though he will remain with the new company. Investors in the seller complain that's unfair, but others say it can be a mutually beneficial incentive for M&A dealmakers.
May 11








