M&A
M&A
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Unable to seal their deal, C1 Bank and U.S. Century have instead struck a new agreement that would still give C1 a foothold in the Miami area.
December 28 -
United Community Bancorp in Lawrenceburg, Ind., is extending its community offering after receiving insufficient orders for stock to complete its second-step conversion.
December 28 -
These financial services executives won't be sorry to see this year end and are hoping for better results in 2013.
December 27 -
Capital, cost-cuts and creativity. Those are three things banks, especially small ones, will need to ride out a period of low margins and stiff regulation until economic conditions improve, says BankUnited CEO John Kanas.
December 27 -
Red River Bancshares in Alexandria, La., plans to expand into the Baton Rouge area with a deal to buy Fidelity Bancorp.
December 27 -
In the most challenging banking environment in memory, BankUnited's John Kanas expects the winners to be those companies most adept at amassing capital, cutting costs and figuring out the innovation puzzle.
December 27 -
Payments processor TSYS will be able to offer a Square-like card reader to micro merchants now that its purchase of ProPay is complete.
December 27 -
The industry returned to sustainable (albeit tepid) profitability this year and housing appears to have bottomed. Regulatory fines and litigation continue to cast a pall on the future, however.
December 27 -
The FDIC this year has filed more lawsuits against the officers and directors of failed banks than it did last year. That number is expected to grow again next year, and involve smaller institutions.
December 26 -
BBCN execs took a difficult path to build the largest Korean-American bank, but a successful merger in L.A. and a deal in Seattle have put it on course to become a West Coast player — and maybe more.
December 26 -
Banking was a tough business to thrive in over the past year. These ten executives stood out for savvy moves that enabled their companies to beat the odds.
December 26 -
In a market where banks have been massively devalued, BankUnited's CEO says executives will have to focus on creating value over the next few years to sell at attractive prices.
December 26 -
The landscape has changed radically in the last two decades. In most states, the number of banks has fallen sharply. But some states have emerged as storehouses for the nation's lending giants.
December 26 -
Wells Fargo (WFC) has agreed to pay up to $2.5 million in attorneys' fees to settle two lawsuits that stem from its purchase of Wachovia in 2008.
December 24 -
Orrstown Financial has dealt with a wave of bad news over the past two years, but CEO Thomas Quinn believes he's got the Pennsylvania company turned around. He and CFO David Boyle discuss their hard decisions and outlook.
December 24 -
A breakdown of M&A announcements in the financial services industry for the week ended December 22.
December 24 -
United Community Bancorp in Lawrenceburg, Ind., has completed a crucial step in its conversion to a public company from a mutual.
December 24 -
This has been a difficult year to run a foreign-owned bank in the United States, but BBVA Compass aims to parlay a recent core overhaul into new growth opportunities in 2013, CEO Manolo Sanchez says.
December 24 -
First Bancorp (FBNC) in Troy, N.C. and Community Financial Shares in Glen Ellyn, Ill. have completed capital raises.
December 24 -
The interim chief financial officer of Capitol Bancorp has quit.
December 24









