M&A
M&A
- Pennsylvania
Investors Bancorp in Short Hills, N.J., has agreed to buy Bank of Princeton in Princeton, N.J.
May 4 - Texas
The $69 billion-asset company in Dallas said in a press release Tuesday that Karen Parkhill resigned on Friday to "pursue other opportunities." Parkhill, who had also been the company's vice chairman, had been with Comerica since 2011.
May 3 -
The $1.2 billion-asset Revere said in a press release Tuesday that it will pay $65.1 million in stock for the $514 million-asset Monument.
May 3 -
The $8.6 billion-asset WesBanco said in a press release Tuesday that it will pay $221 million, or $39.05 a share, in cash and stock for the $1.6 billion-asset Your Community Bankshares.
May 3 -
At least one banker has gone public with expectations that the OCC will force his institution to hold more capital. More could soon follow.
May 3 -
First National Bank of Santa Fe in New Mexico has sold its insurance business, First Santa Fe Insurance Services, to Hub International, a brokerage based in Chicago.
May 3 -
The First of Long Island Corp. in Glen Head, N.Y., plans a secondary offering of about $35 million of common stock.
May 3 -
Home Federal Savings and Loan Association of Collinsville in Illinois is planning to raise at least $7.5 million as part of its conversion from a mutual to a stock-owned company.
May 3 -
Lola Hart, who oversaw the liquidation of the controversial CertusBank in South Carolina, has been hired as the chief accounting officer of Entegra Financial in Franklin, N.C.
May 2 -
Corsair Capital has sold its entire stake in United Community Banks in Blairsville, Ga.
May 2 -
A handful of banking companies wrapped up M&A deals over the weekend.
May 2 -
Amalgamated Bank in New York has started offering down payment insurance to homebuyers in a move it hopes will set it apart with highly mobile millennial borrowers.
May 2 -
The $3.6 billion-asset Mechanics said in a press release last week that it will pay $37.19 a share for the $1.8 billion-asset California Republic.
May 2 -
Comerica, the business bank facing investor pressure to sell, ruled out formally putting itself on the block after discussing its strategic options in March with financial advisers, according to people familiar with the matter.
May 2 -
Old National Bancorp in Evansville, Ind., will exit the insurance business after selling those operations to Prime Risk Partners.
May 2 -
When state and federal regulators closed Trust Company Bank in Memphis, Tenn., on Friday, it was only the second U.S. bank failure this year.
April 29 -
Royal Bank of Canada named Jefferies Group's Michael Armstrong as head of its U.S. wealth-management business.
April 29 -
Green Bancorp's surprise decision to purge all of its oil credits comes at a time when other banks have been gradually paring back exposure.
April 29 -
A group of employees recently formed an organization designed to help the North Carolina company increase its appeal with Asian workers and customers.
April 29 -
With consumers generally averse to risk, financial institutions have an opportunity to rethink what it means to make bets in line with their customers' well-being.
April 29






