M&A
M&A
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The chairman and CEO of JPMorgan Chase has spent months fending off critics of his leadership skills. Now he's dispensing advice about those skills on LinkedIn.
June 17 -
Ocwen's agreement to buy $78 billion in mortgage servicing rights from OneWest is part of a string of deals by it and other nonbanks meant to wring value from remnants of the mortgage meltdown that many banks seek to unload.
June 14 -
Rough calculations reveal that the Greensboro, N.C., company could be pledging nearly $2 million in tangible common equity to back Security Savings' assets.
June 14 -
The $625 million-asset BNCF Financial will pay about $5 million in cash for the $75 million-asset Wilton. BNC Financial said it expects no tangible book value dilution after the deal is completed.
June 14 - Maryland
F.N.B. Corp. in Hermitage, Pa., has agreed to buy BCSB Bancorp in Baltimore in a stock transaction valued at $79 million, or $23.77 a share. The acquisition is the company's third in less than eight months.
June 14 -
JPMorgan Chase (JPM) plans to break off its private-equity unit as an independent firm as the business raises a new fund backed by outside investors.
June 14 -
Prudential Bancorp in Philadelphia is planning a second-step conversion.
June 14 -
The Atlanta mortgage servicer said Thursday it would buy $78 billion in unpaid principal balances of mortgage servicing rights using a combination of cash and available credit.
June 13 -
NewBridge Bancorp (NBBC) in Greensboro, N.C., is acquiring a cash-strapped mutual at the behest of state regulators.
June 13 -
Goldman Sachs chief executive Lloyd Blankfein said regulators will not shy away from using their new "orderly liquidation authority" in the next crisis.
June 13 -
A German court weighed in on a bank mishap that gives new meaning to the term "you snooze, you lose."
June 13 -
West Bancorp. recently took out a loan to buy back 8% of its common stock, while BNC Bancorp used borrowed funds to exit Tarp.
June 13 -
Security State Bank has agreed to buy Security State Bank in a deal that could eliminate some brand confusion in central Iowa.
June 13 - PSO content
Parallon, a healthcare industry business and operational services provider, announced this week that it will acquire The Outsource Group, a healthcare revenue cycle management firm.
June 13 -
PNC Financial Services, the second-largest U.S. regional bank, faces the same decision on its 21 percent stake in BlackRock that confronts many individual investors: sell or hold?
June 13 -
Heartland Financial USA in Dubuque, Iowa, has agreed to buy Morrill Bancshares in Merriam, Kan.
June 13 -
After spending recent years repairing its balance sheet, Hanmi Financial (HAFC) is again looking to grow. To do so, it's eyeing markets that Korean-American lenders have traditionally neglected.
June 12 -
Shareholders took a big gamble that Atlantic Coast Financial in Florida can raise enough capital to save itself when they rejected a buyout offer. There are more funds to be had these days, but they are harder to get, experts warn.
June 12





