M&A
M&A
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Healthier sellers are searching for growth partners instead of saviors, and buyers seeking greater density in their current markets are ready to oblige.
February 27 -
Large banks have been relatively inactive in the market for targets with less than $2 billion of assets, once a staple.
February 27 -
Louisiana Bancorp (LABC) in Metairie has wound up one stock buyback program and is beginning another.
February 27 - PSO content
A federal appeals court voided a $5.2 million settlement intended to resolve allegations that Encore Capital Group Inc. used false affidavits and other illegal tactics to collect debts.
February 27 -
JPMorgan Chase on Tuesday convened its top executives to discuss its growth strategies. Expansion will be hard as it cuts 17,000 jobs over two years, wrestles with new regulations and rethinks branching.
February 26 -
Bond Street announced Tuesday it would acquire Atlantic Coast Financial for roughly $13 million in cash, but 40% of the consideration is being set aside to handle any potential shareholder suits.
February 26 -
Oriental Financial Group (OFG) in San Juan, Puerto Rico, hopes a new name will reflect a recent expansion.
February 26 -
First Scottsdale Bank in Arizona is buying a larger lender in Tucson, the Phoenix Business Journal reported Tuesday.
February 26 -
Standard Bancshares in Hickory Hills, Ill., has completed a capital raise from private-equity firms and named two directors.
February 26 -
JPMorgan Chase (JPM) is selling off a chunk of its mortgage servicing operation to a Dallas company that specializes in servicing distressed debt.
February 26 -
After a four-year hiatus from M&A, Glacier Bancorp has agreed to buy a Wyoming bank and wants to do several more deals.
February 26 -
Cost consciousness appears to have an echo in the way banks are configuring their branch networks: the typical office holds more deposits than it used to.
February 26 -
Bond Street Holdings has agreed to pay a premium of nearly 50% for the struggling Atlantic Coast, the companies announced Tuesday. Atlantic Coast announced it was exploring the possibility of a merger more than a year ago.
February 26 -
Glacier Bancorp (GBCI) in Kalispell, Mont., has reached an agreement to buy Wheatland Bankshares Wheatland, Wyo.
February 25 -
FirstMerit (FMER) in Akron, Ohio, has named a president of its Michigan operations as it prepares to enter the state.
February 25 -
Too-big-too-fail worries in the U.S. make the full sale of Royal Bank of Scotland's Citizens Financial Group in Providence, R.I., highly unlikely, despite speculation about potential buyers.
February 25 -
A breakdown of M&A announcements in the financial services industry for the week ended February 23.
February 25 -
Michael Crowley Jr., the chief executive at Bank Mutual in Brown Deer, Wis., is stepping down after 45 years with the company.
February 25 -
Royal Bank of Scotland Group will signal next week it plans to sell a 15% to 25% stake in Citizens Financial Group in Providence, R.I., according to a person familiar with the plan.
February 23 -
The recent boom in mergers and buyouts in technology, transportation, food service and other sectors is creating more demand for leveraged loans provided and syndicated by banks.
February 22





