M&A
M&A
- California
Citigroup is putting 90 branch buildings in California up for sale, with plans to lease them back.
July 10 -
UMB Financial in Kansas City, Mo., is planning to open its first branch in Texas, according to a report.
July 9 -
Roberto Herencia, a veteran of bank recapitalizations, drew on tough lessons of the past to guide BXM Holdings' challenging recapitalization of Metropolitan Bank Group in Chicago.
July 9 -
CIB Marine Bancshares (CIBH) in Waukesha, Wis., has agreed to buy Avenue Mortgage in Naperville, Ill., CIB announced Monday. Financial terms of the sale were not disclosed.
July 9 -
AmericanWest Bank in Spokane, Wash., has agreed to sell five Pacific Northwest branches in separate transactions.
July 9 -
JPMorgan Chase's decision to freeze much of its credit card debt collection operations ahead of regulatory actions appears to have cost it hundreds of millions of dollars.
July 8 -
Nasdaq has granted Broadway Financial (BYFC) in Los Angeles a six-month reprieve to raise its share price.
July 8 -
Eastwood plans to acquire the Austin, Minn., branches of QCR's Community National Bank along with $30.8 million in loans and $36.8 million in deposits, the companies announced Monday.
July 8 -
The $442 million-asset company began raising the capital on June 21; the campaign closed on Friday, according to a regulatory filing.
July 8 -
Banks are providing less warehouse financing for collateralized loan obligations, so CLO managers have dusted off an old financing tool, delayed draws, to keep pace with demand.
July 8 -
First Federal Bancshares of Arkansas (FFBH) in Harrison has agreed to buy First National Security in Hot Springs, Ark.
July 8 -
First South Bancorp, a privately held Tennessee company, has enough capital support to do deals without having to go public, CEO Chris Holmes says in a Q&A.
July 8 -
A breakdown of M&A announcements in the financial services industry for the week ended July 6.
July 8 - PSO content
Santa Monica, Calif. is expected to join a growing list of cities nationwide that are hiring private collection agencies to pursue delinquent fees, taxes and finds such as parking citations and library fees.
July 8 -
Anchor BanCorp Wisconsin (ABCW) has defaulted on a loan from a group of banks led by U.S. Bancorp (USB) after the Federal Reserve Board rejected a request to extend the loan.
July 5 -
The nation's biggest mutual thrift has endured litigation, activists' protests and a check-kiting scandal at Roma, a thrift it is trying to buy.
July 5 -
Senior executives at JPMorgan Chase and TD Bank predict that the Affordable Care Act, aka "Obamacare," will put some of their health care clients out of business but provide extra M&A advisory work.
July 5 -
Community Bank Shares of Indiana in New Albany recorded a nearly $1 million charge in the second quarter for a failed-bank acquisition.
July 5 -
First Merchants (FRME) in Muncie, Ind., had healthy competition in its effort to buy CFS Bancorp (CITZ) in Munster, Ind.
July 5 -
John W. Allison of Home BancShares was on the prowl for a deal in Florida when a "game-changer" came up in its home state of Arkansas. He sacrificed geographic diversification for a local moneymaker. Was it the right move for the long term?
July 3




