M&A
M&A
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Goldman Sachs Group reported first-quarter earnings that beat analysts' estimates as the firm posted a bigger increase in revenue from trading debt, commodities and currencies than its rivals and the highest merger-advisory revenue since the financial crisis.
April 16 -
Umpqua Holdings in Portland, Ore., posted lower profit from a quarter earlier, largely reflecting a decline in net interest income.
April 15 -
Security California Bancorp in Riverside, Calif., has agreed to buy a branch from Rabobank.
April 15 -
IF Bancorp in Watseka, Ill., has selected the successor for its retiring president and chief executive.
April 15 -
A breakdown of M&A announcements in the financial services industry for the week ended April 11.
April 15 -
LendKey, a white-label marketplace lender that partners with credit unions and community banks, has reached a deal to sell MidCap Financial up to $1 billion in student-consolidation loans.
April 15 -
Bank of the Ozarks could raise more capital, especially if a rising number of unfunded loans convert to funded credits. Management is also keeping an eye on credit quality, raising certain standards and selling some syndicated loans.
April 15 -
Hudson City Bancorp faces a U.S. government investigation into discriminatory lending practices, according to two people familiar with the matter, posing a potential new hurdle in the bank's long-delayed sale to M&T Bank Corp.
April 15 -
Boston Private Financial Holdings and its bank have shuffled some key executive posts.
April 15 -
Orchard Platform, an analytics firm that pairs institutional investors with marketplace lending platforms, has launched an investment-manager database
April 15 -
General Electric's plan to sell most of its finance assets may create a bidding frenzy between the biggest U.S. banks and private-equity powerhouses.
April 15 -
A group of investors will be made whole after a failed Danish bank was found to have misrepresented its finances.
April 14 -
Citibank and the online marketplace lender Lending Club, with the help of Varadero Capital, will provide $150 million in loans geared toward fulfilling Citi's community reinvestment obligations.
April 14 -
Three banking attorneys from the New York law firm Spizz Cohen & Serchuk have joined a rival firm.
April 13 -
BancorpSouth in Tupelo, Miss., has been freed from a consent order tied to Bank Secrecy Act and anti-money-laundering compliance.
April 13 -
Citigroup has named Stephen Bird, chief executive of its Asia-Pacific division, to head its global consumer bank as part of a broader shuffling of executives.
April 13 - California
Wells Fargo in San Francisco and a unit of Blackstone Group have agreed to buy commercial real estate loans held by GE Capital in transactions valued at $23 billion.
April 10 -
Citigroup's head of franchise risk and strategy, Brian Leach, will retire on May 1, according to memos sent to Citi employees Thursday from him and company chief executive Michael Corbat.
April 9 -
Mitsubishi UFJ Financial Group, in a major break with tradition, has tapped a former UBS Group executive as its first non-Japanese president and chief executive for its American division.
April 9 -
Pinnacle Financial Partners has struck its first deal in nearly eight years, and it has the capacity to do more as it seeks to double its assets in Tennessee. But CEO Terry Turner says it is more likely to grow organically because there aren't many banks left in the state that he would want to buy.
April 9


