M&A
M&A
- Arizona
Heartland Financial USA in Dubuque, Iowa, has agreed to buy First Scottsdale Bank in Arizona.
May 15 -
The Miami area's economy is on the rebound and expanding beyond sun and fun. A new influx of money, investors and customers with international ties could feed local banks' balance sheets and top-line growth.
May 15 -
JPMorgan Chase has purchased $45 billion in servicing rights from embattled mortgage firm Ocwen Financial.
May 14 -
Technology services firm Accenture has formed a partnership with "neobank" Moven to create digital banking offerings.
May 14 -
WashingtonFirst Bankshares in Reston, Va., has agreed to buy direct mortgage lender 1st Portfolio Holding Corp. in Fairfax, Va.
May 14 -
The financial-technology explosion, or bubble, depending on one's viewpoint, continues.
May 13 -
First Bank in Hamilton, N.J., has opened its first office in Pennsylvania.
May 12 -
Triumph Bancshares in Memphis says it has been mistakenly contacted by customers of Triumph Bancorp in Dallas, and has concluded that the Triumph moniker isn't big enough for both institutions. It's hoping a lawsuit will force the Texas bank to change its name.
May 12 -
Deutsche Bank has hired the former president of the Clearing House Association to take charge of its stress testing process.
May 12 -
The chief executive of CertusBank in Greenville, S.C., has officially stepped down after undergoing heart surgery.
May 12 -
MoneyGram has renewed its relationship with Minnesota's Bremer Bank to assist with its check services.
May 12 -
A breakdown of M&A announcements in the financial services industry for the week ended May 9.
May 11 -
First Commonwealth Bank in Indiana, Pa., has agreed to buy First Community Bank in Columbus, Ohio, for about $15 million in cash.
May 11 -
Top-performing community banks have found different ways to provide double-digit returns, despite numerous challenges facing the banking industry.
May 10 -
Looking past standard gauges of return on equity and return on assets, bank investors have wide opinions on what makes a bank a high-performing institution relative to peers.
May 10 -
The Illinois Department of Financial & Professional Regulation closed the $90 million-asset Edgebrook Bank in Chicago on Friday.
May 8 -
CertusBank's chief executive, who joined the Greenville, S.C., company after its founders were fired last year, has left his post due to a medical issue.
May 8 -
Visa, the world's largest payments network, is in preliminary talks to buy former subsidiary Visa Europe Ltd. in a deal that may be valued at as much as $20 billion, people with knowledge of the matter said.
May 8 -
Investors have varied expectations of how banks should build and deploy capital. Ultimately, management teams need to stick to their growth plans rather than serve the whims of specific shareholders.
May 8 -
Solus Alternative Asset Management LP took over a $146 million loan issued by Puerto Rico's cash-strapped power utility from a division of Citigroup Inc., according to documents published by the island's development bank.
May 8





