M&A
M&A
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The Fed's rejection of BB&T's capital plan likely bars the serial acquirer from big acquisitions for several months, but it might be able to pull off a small one.
March 15 -
The husband and wife who lead Southern National Bancorp of Virginia (SONA) want to make one more acquisition before they try to sell their bank and retire.
March 15 -
Liberty Bank's deal for Southern Connecticut Bancorp could signal an M&A trend — mutual thrifts with lots of capital acquiring small, publicly traded banks.
March 14 -
PremierWest Bancorp (PRWT) in Medford, Ore., has granted itself more time to persuade shareholders to approve a takeover by Starbuck Bancshares.
March 14 -
The anger against the country's biggest banks is ready to boil over, Harris Simmons, the chairman and chief executive of Zions Bancorp., warned Wednesday.
March 14 -
State Bank Financial (STBZ) in Atlanta has lowered its 2012 earnings to address an accounting error in tied to loans it obtained from failed-bank deals.
March 14 -
Citigroup can omit from its annual meeting a question for shareholders that would require the lender to explore breaking up, the Securities and Exchange Commission said.
March 13 -
Gibraltar Private Bank & Trust in Coral Gables, Fla., is in talks with several potential buyers, the South Florida Business Journal reported in its online edition Wednesday.
March 13 -
Why are professional women still struggling to 'have it all'? Anne-Marie Slaughter, the Princeton professor and former State Department official who famously asked that question last summer, tried to help HSBC answer it on Friday.
March 13 -
The midsize New York mortgage lender and the West Coast bank created to house the IndyMac assets are worlds apart in many ways, but their rumored deal is strange enough to work, experts say.
March 13 -
ST Financial Group in College Station, Texas, plans to buy a small bank near Dallas. The parent company of Spirit of Texas Bank has agreed to purchase Peoples Bank in Colleyville, which has $72 million in assets and two branches.
March 13 -
Bank of Astoria in Oregon plans to convert all of its branches to the Columbia Bank brand, nine years after the two lenders merged.
March 13 -
Ocwen Financial has added Wilbur Ross Jr. to its board.
March 13 -
The upswing in acquisition announcements lately has been unaccompanied by the spiral of rising deal and trading multiples that attended waves of mergers in the past.
March 12 -
Richard Moore became First Bancorp's CEO two years after losing a bid to become the state's governor. Investors are hoping his loss is the company's gain.
March 12 -
The $2.9 billion-asset parent of BofI Federal Bank said Monday it seeks as much as $50 million for general corporate purposes through the sale of common stock, according to a filing with the Securities and Exchange Commission.
March 12 -
The future of retail banking has rarely been murkier. Here are five questions about branches, layoffs, technology and revenues that bankers need to be asking.
March 12 -
A rise in shareholder lawsuits following deal announcements has prompted insurers to vet clients' M&A plans and raise the deductibles banks must pay to settle claims.
March 12 -
Ally Bank continued its retreat from home lending by agreeing Tuesday to sell a portfolio of mortgage servicing rights to Ocwen Financial Corp. (OCN) for roughly $585 million.
March 12 -
Heritage has agreed to pay $44.2 million for Valley Community Bancshares in Puyallup, Wash., the holding company for the $242 million-asset Valley Bank, the companies announced Tuesday.
March 12




