M&A
M&A
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Wintrust Financial (WTFC) in Rosemont, Ill., reported higher quarterly earnings as income from loan growth offset lower fee revenue.
July 14 -
Ocwen Financial (OCN) has repurchased approximately $72.3 million in stock from WL Ross & Co., a private-equity firm in New York.
July 14 -
A breakdown of M&A announcements in the financial services industry for the week ended July 12.
July 14 -
Doral Financial (DRL) in San Juan, Puerto Rico, has agreed to sell roughly $825 million of assets to Abbey Finance Holdings PR.
July 14 - Mississippi
First Bancshares (FBMS) in Hattiesburg, Miss., has redeemed preferred stock BCB Holding in Mobile, Ala., issued to the Treasury Department under the Troubled Asset Relief Program.
July 14 -
Toronto-Dominion Bank, Royal Bank of Canada and Bank of Nova Scotia have bolstered assets more than fivefold in the past two decades, as the country's three biggest lenders distance themselves from their smaller peers.
July 14 - Idaho
Northwest Bank in Boise, Idaho, has agreed to buy Regal Financial Bank in Seattle.
July 14 -
Hanmi Financial (HAFC) in Los Angeles has sold two insurance businesses Chunha Holding in Garden Grove, Calif.
July 11 - Nebraska
Dozens of insurers have sold off their banks in recent years, with just a handful choosing to remain in the business. Mutual of Omaha Bank is committed to building a traditional community banking culture with its parent company's backing.
July 11 -
C1 Financial in St. Petersburg, Fla., is going public.
July 11 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.
July 11 -
The National Credit Union Administration has liquidated IBEW Local 816 Federal Credit Union in Paducah, Ky.
July 11 -
Alerus Financial (ALRS) in Grand Forks, N.D., has acquired Private Bancorp. in Minneapolis for $15.9 million in cash and other considerations.
July 11 -
A spike in smaller deals, along with improved premiums, is providing hope that buyers and sellers are finally coming together as industry experts forecast several years earlier.
July 10 -
Home Federal Bancorp of Louisiana (HFBL) in Shreveport, La., has hired a new chief financial officer.
July 10 -
Cadence Bancorp in Houston has raised $245 million in an oversubscribed debt issuance.
July 10 -
Berkshire Hills Bancorp recently recruited William Ryan, retired TD Banknorth CEO, leading some observers to discuss what role he might play in the Massachusetts company's growth plans.
July 9 -
F.N.B. Corp. (FNB) has moved its corporate headquarters to Pittsburgh.
July 9 - Illinois
A breakdown of M&A announcements in the financial services industry for the week ended July 5.
July 9 -
Debt-burdened holding companies are more often resorting to selling their banks through bankruptcy sales, which is welcome news for lawyers, investment banks and advisors that can earn millions working on such transactions. But such fees have rankled creditors.
July 8






