M&A
M&A
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Diebold has acquired enough Wincor Nixdorf shares to complete the purchase of its German rival, a deal that creates a maker of cash machines and systems with more than $5 billion in sales.
March 24 - Michigan
Fentura Financial in Fenton, Mich., has agreed to buy Community Bancorp in St. Charles, Mich.
March 24 - North Carolina
Carolina Trust Bank in Lincolnton, N.C., has revised downward its fourth-quarter results because of accounting changes related to its retirement plan and an acquisition from years ago.
March 23 - New York
Seacoast Banking Corp. of Florida in Stuart has reached an agreement with an activist investor after signs had emerged of a potential proxy battle.
March 23 -
Online lender StreetShares' strategy is based on the premise that borrowers are more likely to repay when they have a genuine personal connection to the lender.
March 23 -
SunTrust Banks in Atlanta will hire as many as 200 people for its wholesale-banking business over the next four years as it seeks to increase mergers-and-acquisition services for mid-size companies.
March 23 - WIB PH
Getting CIT back on track could be a legacy-defining assignment for veteran banker Alemany, in much the same way as the firms turnaround after bankruptcy was viewed as a chance at redemption for John Thain. Success would be no small feat.
March 23 - Massachusetts
The New York State Appellate Division of the Supreme Court ruled on Tuesday that the activist investor Joseph Stilwell cannot force NorthEast Community Bancorp in White Plains, N.Y., to convert to a fully stock-owned bank.
March 23 - California
TriCo Bancshares in Chico, Calif., paid a lower deposit premium for its purchase of Bank of America branches after deposit levels at those offices fell.
March 23 - New York
Shareholders of KeyCorp in Cleveland and First Niagara Financial Group in Buffalo, N.Y., have approved Keys planned purchase of First Niagara.
March 23 -
A number of banks are on pace this year to surpass $10 billion in assets, which would subject them to heightened regulatory requirements such as stress tests and interchange fee caps. Several institutions have already announced big deals to cross that threshold. Here are 10 banks that could do the same.
March 23 - Pennsylvania
Northwest Bancshares in Warren, Pa., has agreed to buy Best Insurance Agency, an employee benefits and property and casualty insurance firm in Butler, Pa.
March 23 -
Central Bancshares in Muscatine, Iowa, has agreed to buy Brimfield Bank in Brimfield, Ill.
March 22 -
California Republic Bancorp, which has been aggressively originating and securitizing auto loans for years, is keen on revving up the engine to expand from a 10-state area to a national platform.
March 22 - New York
An activist investor is laying the groundwork for a potential proxy battle with Seacoast Banking Corp. of Florida in Stuart.
March 21 -
Ally Financial in Detroit reached a truce with Lion Point Capital, as it agreed to appoint an independent director in consultation with the activist investor.
March 21 -
Lincoln Park Savings Bank in New Jersey is now Lincoln 1st Bank.
March 21 -
A well-known Wall Street firm is urging Citigroup to split itself in two for the benefit of investors, adding to the chorus of calls for the biggest banks to be broken up. How much of a difference will it make?
March 21 -
Capital Bank Financial in Charlotte, N.C., will record a first-quarter $5.5 million net loss, after it agreed to an early termination of its loss-share agreements tied to three failed banks.
March 21 - Arkansas
A dozen banks from Arkansas to Virginia are nearing $10 billion in assets, where they will face higher compliance costs and caps on interchange fees. Mergers among those institutions could create a new class of regional bank.
March 21






