M&A
M&A
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A breakdown of M&A announcements in the financial services industry for the week ended April 4.
April 6 -
A key deadline for anti-fraud card technology is prompting more retailers and banks to take a hard look at mobile payments platforms.
April 6 -
HMN Financial in Rochester, Minn., has agreed to buy certain assets and liabilities of Kasson State Bank.
April 6 - New Jersey
An "unexpected" regulatory delay has forced M&T Bank in Buffalo, N.Y., and Hudson City Bancorp in Paramus, N.J., to delay their merger for the fourth time.
April 6 -
John W. Allison is always on the hunt for non-dilutive deals that will boost his Arkansas company's earnings. That has largely led to deals for Florida banks, but Home just agreed to buy nearly $300 million in nationwide commercial real estate credits and recruited a team to open a loan production office in New York.
April 2 -
Home BancShares in Conway, Ark., has found another opportunity in the failure of Doral Bank.
April 2 -
Wintrust Financial in Rosemont, Ill., has announced its second acquisition in four days.
April 2 - North Carolina
A unit of BB&T in Winston-Salem, N.C., has agreed to buy certain assets from a wholesale insurance broker in New Jersey.
April 2 - Texas
First Financial Bankshares in Abilene, Texas, has agreed to buy FBC Bancshares in Conroe, Texas.
April 1 -
As the industry's recovery boosts hopes of new-bank activity, some are already focused on what the greater stability could mean for the embattled industrial loan company charter.
April 1 -
Citigroup is preparing to sell Prime Reinsurance Co., a subsidiary created five years ago to ease the spinoff of life insurer Primerica, according to people familiar with the process.
April 1 -
CenterState Bank used April Fools' Day to unveil a fake #GreedTogether campaign that mocks Starbucks, McDonald's and the banking industry, promising ridiculous cash-back rewards and clothing printed with pictures of cash.
April 1 -
Carolina Bank Holdings in Greensboro, N.C., has raised $15.1 million through a private placement of convertible preferred stock.
April 1 -
CommunityOne Bancorp in Charlotte, N.C., has agreed to buy a branch in Lenoir, N.C., from CertusBank.
March 31 -
Delmarva, the parent of the $192 million-asset 1880 Bank, will pay $8 million in cash for the $133 million-asset Easton.
March 31 -
Atlantic Coast Financial in Jacksonville, Fla., has been released from an enforcement action that required it to improve its capital ratios.
March 31 -
The $317 million-asset State Bank said in a press release Tuesday that it will sell the Yuma, Ariz., branch along with $17 million in deposits and $18 million in loans for roughly $750,000.
March 31 -
Bank of Montreal can double its U.S. customer base without further acquisitions by its Chicago-based BMO Harris Bank unit, Chief Executive Officer William Downe said.
March 31 -
Sun Bancorp in Mount Laurel, N.J., has decided to sell another branch and consolidate nine others as part of the ongoing streamlining of its retail network.
March 31 -
Summit Financial in Moorefield, W.Va., has filed to raise $15 million over time.
March 31


