M&A
M&A
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M&A has been marked by the pursuit of earning assets in recent years, but banks that have cracked the organic loan growth code are looking to buy deposit-heavy banks before interest rates rise.
March 28 -
Banco Bilbao Vizcaya Argentaria has pumped $117 million into its U.S. bank to fund the purchase of online banking startup Simple.
March 27 -
Great Southern Bancorp (GSBC) in Springfield, Mo., reeled in more deposits and loans from a recent branch deal compared to what it had originally forecast.
March 27 -
The Honolulu bank is collecting donations to support the Polynesian Voyaging Society's 46,000-mile, worldwide sea odyssey, which aims to raise awareness of Hawaiian heritage.
March 27 - North Carolina
BB&T (BBT) in Winston-Salem, N.C., has agreed to buy insurance agency Woodbury & Co.
March 27 -
Yadkin Financial revealed in a regulatory filing that merger talk is running rampant across the state. Yadkin agreed to merge with VantageSouth in January to create North Carolina's biggest community bank.
March 27 -
Former Bank of America Chairman Kenneth Lewis agreed to a three-year ban on serving as a public company's officer or director and to pay $10 million to settle claims by New York's attorney general that he misled investors about the bank's 2009 purchase of Merrill Lynch.
March 27 - Minnesota
The $1.6 billion-asset KleinBank said it expects to buy the $207 million-asset Prior Lake by the end of this year. Financial terms were not disclosed.
March 26 - Nebraska
Platte Valley Financial Services in Scottsbluff, Neb., is buying a bank it played a role in forming.
March 26 - Wisconsin
First Federal Bank of Wisconsin in Waukesha and Bay View Federal Savings and Loan Association are merging.
March 26 - Virginia
Middleburg Bank in Virginia has agreed to sell its 62% stake in the mortgage banking firm Southern Trust Mortgage to two Virginia banks and Southern Trust's president.
March 26 -
Four Oaks Fincorp (FOFN) in Four Oaks, N.C., could raise more than $27 million in a securities agreement and rights offering.
March 26 -
PacWest Bancorp's pending purchase of CapitalSource has been pushed back as the deal awaits approval from the Federal Reserve Board.
March 25 -
Solera National Bancorp's annual meeting is quickly shaping up to be a free-for-all.
March 25 -
A recent survey shows that two-third of mutual savings banks have considered mergers and that 40% give it even odds that they will participate in consolidation in the next five years.
March 25 -
Simmons First (SFNC) in Pine Bluff, Ark., has agreed to buy Delta Trust & Banking in Little Rock, Ark.
March 24 -
A breakdown of M&A announcements in the financial services industry for the week ended March 22.
March 24 - New York
Acquisition rumors about Royal Bank of Scotland's U.S. operations are swirling again.
March 24 -
Solera National Bancorp (SLRK) is being challenged by a former director who wants to wrest control of the Lakewood, Colo., company's board.
March 24 - Virginia
Xenith Bankshares (XBXS) had been eager to enter the bustling Hampton Roads area. It plans to use Colonial Virginia, located close to the region, to make a beachhead.
March 24


