Industry News
NBT Bancorp's agreement to buy Alliance Financial in New York is an M&A rarity a sizable deal between healthy seller that could signal more such transactions to come.
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David Zalman of Prosperity Bancshares has struck five deals in a little over a year. And he say he sees more opportunities than ever.
October 2 -
Aspiring consolidators are weighing the advantages of attracting lending teams instead of making outright acquisitions.
September 26
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M&T's bid for Hudson City has the deal world abuzz with talk of who'll be next. The Fed, meanwhile, is trying to calm angry community bankers as the entire industry mulls the implications of the November election.
September 7 -
The announcement by M&T that it's buying Hudson City reflects both the acquirer's deal-making skills and the difficulty of changing strategies in today's environmentas the once high-flying seller had sought to do before deciding to sell.
August 27 -
The CEO of First PacTrust will now share his title with an investor and director, who the bank hired to oversee nonbank deals.
August 23 -
Yes, megabanks provide useful, all-in-one services. But their biggest customers challenge the argument that they need financial behemoths to operate globally.
August 21 -
Banks have been putting less of their own money to work in syndicated leveraged loans lately. But other investors, particularly CLOs, have shown an increased appetite for these credits.
August 8 -
Low prices and growth opportunities are luring mid-cap buyers from neighboring states to the failure-ravaged Southeast.
August 6 -
Will Spain's precarious financial situation compel the country's banks to sell their U.S. holdings?
August 1
