Chicago-based TransUnion Healthcare has acquired eScan Data Systems of Austin, Texas, a company that develops software to help hospitals and health care systems find and reduce uncompensated care costs.

With Braintree's technology, PayPal would have a stronger pitch for retailers' processing business. By that same token, banks would have another reason to work with PayPal.

Two law firms that specialize in bank M&A — Stinson Morrison Hecker in Kansas City, Mo., and Leonard, Street and Deinhard, in Minneapolis — have agreed to merge.

One PacificCoast Bancorp (OPCB) in Oakland, Calif., has received regulatory approval to acquire a controlling stake in Albina Community Bancorp (ACBC) in Portland, Ore.

A proposal that managers of collateralized loan obligations keep "skin in the game" could force them to shorten no-call periods on CLOs. An alternative would hurt banks that arrange these deals.

A revenue engine that generated $42 billion for three of the biggest U.S. banks in less than five years is beginning to sputter as some borrowing costs rise.

Home Federal Bancorp was looking for ways to grow its earning assets as the benefits of FDIC loss shares from two failed-bank deals faded. Lacking good prospects, it decided to sell itself to Banner Corp. More banks could find themselves in the same boat.

First Security Group (FSGI) in Chattanooga, Tenn., has completed a $5 million rights offering. The offering followed the company's April recapitalization, in which it raised $91.1 million from institutional and other accredited investors.

The late Ronald Coase’s work can help us understand why megabanks came into being – and why their days may be numbered.

The $4.24 billion-asset Banner said Tuesday it has agreed to buy Home Federal Bancorp (HOME) in Nampa, Idaho, for $197 million in cash and stock.

The $979 million-asset company plans to offer up to 1.4 million shares of common stock at $19 per share, according to a Sept. 12 filing with the Securities and Exchange Commission.

Independence Bancshares (IEBS) in Greenville, S.C., has hired two former Verizon executives — Aditya Khurjekar and Humphrey Chen — to broaden its mobile-banking services.

Saddle River Valley Bank, which was bought last year by Center Bancorp, allegedly failed to adequately monitor transactions with currency exchange houses in Mexico and the Dominican Republic.

The Troy, N.Y. city council approved a resolution to help recover $1.5 million in delinquent parking tickets and other billings by hiring collection agency Penn Credit.

Jacksonville Bancorp in Florida has raised $1 million through a rights offering.

Ocwen Financial in Atlanta has retired approximately $159 million of debt held by a private-equity backer.

Nearly half of all M&A activity since 2011 has been divestitures, according to a new report from Deloitte. The data reflects banks trying to streamline their business in the new operating and regulatory environments.

Sandler O'Neill included several new additions to its annual ranking of top-performing small banks and thrifts, suggesting that small lenders are slowly returning to pre-crisis health.

A breakdown of M&A announcements in the financial services industry for the week ended Sept. 21.

City National Bank of Florida in Miami has made two executive changes as its sale to a Chilean bank nears.