M&A
M&A
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A breakdown of M&A announcements in the financial services industry for the week ended October 3.
October 5 -
Banc of California in Irvine has agreed to buy a Santa Ana office building for $77 million for its headquarters.
October 5 -
C1 Financial in St. Petersburg, Fla., is reportedly looking to sell itself.
October 5 - North Carolina
BB&T in Winston-Salem, N.C., has agreed to acquire a stake in Miller Insurance Services, a Lloyd's market broker.
October 2 -
Foreign banks looking to buy a U.S. institution long faced tough scrutiny from the Federal Reserve, and the financial crisis has only made the process harder.
October 2 -
The Small Business Investment Company program may be less famous among banks than some of the SBA's other programs, but it enjoyed a record in fiscal 2015 that wrapped up this week. Stories like that of Opus Bank in California shed light on why.
October 1 -
Emclaire Financial in Emlenton, Pa., has exited the Small Business Lending Fund.
October 1 -
The long-delayed approval of the merger of M&T and Hudson City should have been a bright spot in postcrisis M&A, but a small footnote from the Fed quickly reminded bankers that dealmaking will remain a demanding process.
October 1 -
Town and Country Financial in Springfield, Ill., has agreed to buy the parent of Premier Bank of Jacksonville in Illinois.
October 1 -
Community West Bancshares in Goleta, Calif., has received regulatory approval to exit the Troubled Asset Relief Program.
October 1 - New York
First Data, the payments processor taken private by KKR & Co. eight years ago, is seeking to raise as much as $3.2 billion in whats poised to be the biggest U.S. initial public offering this year.
October 1 -
Ameris Bancorp in Moultrie, Ga., has agreed to buy Jacksonville Bancorp in Florida.
October 1 - California
Pacific Premier Bancorp in Irvine, Calif., has agreed to buy Security California Bancorp in Riverside, Calif.
October 1 - Connecticut
Wells Fargo, the worlds largest bank by market value, agreed to buy the bulk of a railcar- and locomotive-leasing unit from General Electric as the industrial giant retreats from financial services.
October 1 - North Carolina
Park Sterling in Charlotte, N.C., has agreed to buy First Capital Bancorp in Glen Allen, Va.
October 1 -
Bankers need to show they are in control of relationships with outside vendors, must be ready to respond to M&A-related protests and should be as concerned about economic growth as interest rates, according to the St. Louis Fed's supervisory chief.
September 30 -
The Federal Reserve Board has approved the merger of M&T Bank in Buffalo, N.Y., and Hudson City Bancorp in Paramus, N.J., after more than three years of delay. The approval came on the day the regulator had set as a deadline to announce its verdict on the deal.
September 30 -
Russia's economic crisis has put dozens of banks out of business this year and is threatening many more. But for others, it is turning into a bonanza.
September 30 - Pennsylvania
The $17 billion-asset holding company for First National Bank of Pennsylvania plans to use the proceeds for general corporate purposes, according to a Wednesday news release.
September 30 -
Former Citigroup Chief Executive Officer Vikram Pandit is part of a group of investors plowing $5.9 million in a new digital exchange aimed at making it easier for smaller investors to buy loans made to mid-sized companies.
September 30



