NCR has reached an agreement for an $820 million investment from private equity giant Blackstone Group, which it will use to fund a $1 billion stock buyback.

The Illinois company has lined up two small acquisitions near Chicago to surpass $10 billion in assets, a mark that brings added regulatory oversight. As a result, analysts expect First Midwest to string together more deals in 2016 to increase revenue and improve efficiency.

First Midwest Bancorp in Itasca, Ill., has agreed to buy NI Bancshares in Sycamore, Ill.

Stonebridge Financial in West Chester, Pa., plans to sell its bank through bankruptcy proceedings.

Mid Penn Bancorp in Millersburg, Pa., plans to exit the Small Business Lending Fund program and redeem a separate pool of preferred stock through an upcoming debt sale.

First Republic Bank in San Francisco plans to raise up to $230 million from an offering of common stock.

For years, UMB Financial rode fee-income gains from the expansion of its asset management unit to some strong quarters. But the unit's production has waned lately forcing the company to rethink its expense base and management structure.

RBB Bancorp in Los Angeles has agreed to buy TFC Holding, the parent of TomatoBank in Los Angeles.

Given that Bank of the Ozarks has agreed to pay handsomely for C1 Financial in Florida, the relatively scarce number of large institutions in the state could command higher prices from acquirers.

First Farmers Financial in Converse, Ind., has agreed to buy Citizens Exchange Bank in Fairmount, Ind.

The $12.6 billion-asset United said in a press release Monday that it will pay $269 million, or $37 a share, in stock for the $1.2 billion-asset Bank of Georgetown.

The $9.3 billion-asset Bank of the Ozarks said in a press release Monday that it will pay $402.5 million, or $25 a share, in stock for the $1.7 billion-asset C1 Financial.

M&T Bank has begun dismissing former Hudson City Savings Bank workers in New Jersey, following the completion of its acquisition of the company.

National Bank Holdings in Greenwood Village, Colo., has negotiated an early termination of the loss-share agreements that backed up its acquisitions of two failed banks.

Forget "bigger is better." Several private-equity-backed lenders are making loans to small landlords, who represent the biggest chunk of the home-rental market and get less help from Fannie Mae and Freddie Mac than they once did.

Wells Fargo said it does not have any immediate plans to acquire a wealth management business in the U.K., following media reports that it's looking at two companies.

A breakdown of M&A announcements in the financial services industry for the week ended November 7.

Parke Bancorp in New Jersey decided to sell its SBA lending business when it realized the group had national aspirations. Berkshire Hills Bancorp, a larger bank in Massachusetts, was pleased to buy the unit.

Grayson Bankshares in Independence, Va., and Cardinal Bankshares in Floyd, Va., have agreed to merge to form a new holding company.

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