M&A
M&A
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ConnectOne had a strong IPO on Tuesday, giving it more funding for loans and acquisitions.
February 12 -
The Freedom Bank of Virginia is planning to cash in on the anticipated consolidation of government contractors.
February 12 -
Interest-only home loans are viewed as somewhat risky by the Consumer Financial Protection Bureau, but that is unlikely to stop the San Francisco bank from making them, its CEO says.
February 12 -
Quick decision-making, cash on hand and dedicated employees are musts for successful buyers of loan pools, experts said in analyzing CIT's recent purchase of $1.2 billion of loans.
February 12 -
HopFed Bancorp in Hopkinsville, Ky., is bolstering its presence in neighboring Tennessee with a deal to buy Sumner Bank & Trust in Gallatin.
February 12 -
BNY Mellon is facing a $900 million tax bill after a U.S. judge rejected its attempt to claim hundreds of millions of dollars in foreign tax credits.
February 12 -
A breakdown of M&A announcements in the financial services industry for the week ended February 9.
February 11 -
CEO Hugh Potts says the Mississippi company's sale to Renasant will help investors recoup 75% of 2006 value.
February 11 -
The value of leveraged loans that changed hands fell last year, but a close look shows other measures of liquidity improved.
February 11 - PSO content
Asta Funding Inc. on Monday reported net income for the first quarter fell from the year-ago period while total revenue increased.
February 11 - PSO content
The Nevada Financial Institutions Division has awarded NCS Plus Inc., doing business as RecoverHoaDues.com, a license to act as a collection agency for homeowners associations in Las Vegas.
February 11 -
Fourth-quarter interest income and margins rose at Park Sterling (PSTB) in Charlotte, N.C., after an acquisition that doubled its assets.
February 8 -
The company has removed 'North Jersey' from its name and is seeking capital for possible acquisitions. Analysts meanwhile believe New York makes sense for expansion.
February 8 -
Robin McGraw, chief executive of Renasant in Tupelo, Miss., celebrated his deal for First M&F and the University of Mississippi football team's recruiting coup.
February 7 -
Renasant's willingness to pay a premium for First M&F, a small bank in the Deep South, indicates just how hungry banks are to put capital to use.
February 7 -
Breaking up the biggest banks would be futile, onetime Citigroup (NYSE:C) eminence and former Treasury Secretary Robert Rubin said on Thursday.
February 7 -
Darrell Fletcher is leader of the Columbus, Ohio, company's new commodities hedging service and its third specialty hire from another bank in recent months.
February 7 - PSO content
DBA International, the largest association for debt buyers, announced Thursday that members have amended the organization’s bylaws making Debt Buyer Certification a requirement for DBA membership by 2016.
February 7 -
Renasant in Tupelo will buy First M&F in Kosciusko in a merger of Mississippi banks.
February 7 -
JPMorgan Chasereclaimed the No. 1 title by market value, nudging Wells Fargo, as the impact of last year's wrong-way bet on derivatives fades and investors wager on an investment-banking rebound.
February 7



