M&A
M&A
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Old National said that by owning the branches instead of leasing them, it would have greater control of the properties, classify the branches as assets on its balance sheet and become more efficient.
October 8 -
It started out as a chat over dinner and cocktails between a director of Trans Pacific National Bank and Dr. Robert Murray, a part-time physician for the San Francisco Giants.
October 7 - California
Royal Bank of Canada has received approval from the Federal Reserve Board to buy City National in Los Angeles.
October 7 -
Dime Community Bancshares in Brooklyn, N.Y., has agreed to sell a number of real estate properties for $80 million.
October 7 -
Deutsche Bank expects to report a third-quarter net loss of 6.2 billion euros ($7 billion) and may eliminate its dividend for the year after writing down the value of its two biggest divisions and boosting its reserve for legal costs.
October 7 -
The $1.5 billion-asset bank issued $25 million of subordinated notes due 2025 in a private placement. WashingtonFirst used the proceeds to redeem $8.9 million in SBLF preferred shares, which it issued to the Treasury Department in 2011.
October 7 - Ohio
Middlefield Banc Corp. in Middlefield, Ohio, has bought out its largest shareholder.
October 7 -
A group of private investors has agreed to buy Radius Bancorp in Boston.
October 7 - Kentucky
Republic Bancorp in Louisville, Ky., has agreed to buy Cornerstone Bancorp in St. Petersburg, Fla.
October 7 -
MBT Bancorp in Monroe, Mich., is planning to close four branches. The $1.3 billion-asset company also said it would stop offering retail services at a corporate office in Wyandotte, Mich.
October 6 -
A pair of community banks have lined up funding through separate subordinated-debt agreements with a firm in the Cayman Islands.
October 6 -
Sunshine Bancorp in Plant City, Fla., has hired another former executive from the former Susquehanna Bancshares in Lititz, Pa.
October 6 - Virginia
Capital One Financial has allowed shareholders to nominate candidates to the companys board of directors, joining a spate of large U.S. companies moving to open access to proxy ballots.
October 6 -
The pace of bank M&A deals slowed in the third quarter and was flat through the first nine months of this year.
October 6 - New Jersey
A looming dividend spike tied to the Small Business Lending Fund convinced Hopewell Valley Community Bank in Pennington, N.J., to sell itself.
October 6 -
Synechron, a consulting firm to the financial services industry, has acquired Crossbridge, a London-based consulting firm.
October 6 -
Hancock Holding in Gulfport, Miss., has agreed to buy a portfolio of health care loans from United Community Banks in Blairsville, Ga.
October 6 -
First Cecilian Bancorp in Cecilia, Ky., has agreed to buy Farmers Bancshares in Hardinsburg, Ky.
October 5 -
CenterState Banks in Davenport, Fla., has agreed to buy Community Bank of South Florida in Homestead.
October 5 -
The $210 billion-asset company said in a press release Friday that CRC Insurance Services, its wholesale insurance unit, would buy Connecticut Underwriters Inc. in Middletown.
October 5


