M&A
M&A
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The Michigan institution's asset base increased substantially in 2019 thanks to a merger but has continued to grow in 2020.
June 15 -
The last bank where he was CEO, Opus Bank, ran into trouble largely because it made too many acquisitions in too short a time span. This time around, Gordon will take a more methodical approach.
June 15 -
Fed Chair Jerome Powell will address lawmakers twice this week while the Supreme Court could come out with a long-awaited ruling on the Consumer Financial Protection Bureau.
June 15 -
Metro Bank is early-stage talks to buy a peer-to-peer lender, aiming to grow in unsecured lending as the troubled British company's mortgage business comes under pressure.
June 15 -
Members at Malheur Federal Credit Union will vote later this year on whether to join Medford, Ore.-based Rogue.
June 12 -
The industry was well positioned in terms of net worth before the pandemic and recession, but some institutions could run into issues with sluggish earnings and a surge in deposits.
June 12 -
The credit union will pay an undisclosed amount for Community State Bank of Southwestern Indiana.
June 11 -
The Odon, Ind.-based credit union would gain six branches by acquiring Community State Bank of Southwestern Indiana.
June 11 -
Johnson is exiting the state with the sale of the four locations.
June 10 -
Flush with capital from the sale of its stake in BlackRock, PNC is willing to go big on an acquisition but would be wary of buying a bank with a heavy concentration of consumer loans, CEO William Demchak said.
June 9 -
Faced with limited growth opportunities and potentially mounting loan losses, banks are getting aggressive — and creative — to boost profits.
June 3 -
The coronavirus pandemic has made paper money literally a dirty word, causing a rush to digital payments that may be too fast for Western Union and MoneyGram to keep up with as separate companies.
June 2 -
The corporate credit union has begun transitioning nearly 600 clients to the new platform.
June 1 -
IRSE Credit Union hopes to finalize a deal to merge into Cooperative Choice Network CU by later this summer.
May 29 -
Banks would be wise to dust off their Great Recession playbook and shed nonperforming loans while growing through M&A.
May 28 -
The JPMorgan CEO says the recovery has to start first, and future buybacks won’t be as big as before; Texas Capital Bancshares and Independent Bank blame the coronanvirus market impact.
May 27 -
The Dallas bank appears to be at a crossroads after its merger with Independent Bank Group was called off Tuesday.
May 26 -
At least four pending deals have been canceled since the economy was locked down to slow the pandemic's spread. With banks' market values falling and loan-loss provisions piling up, more terminations are likely.
May 26 -
Despite record low mortgage rates, borrowers are having trouble getting loans from wary lenders; the underperforming American unit may be ditched in U.K. bank restructuring.
May 26 -
Texas Capital also said that Keith Cargill has stepped down as president and CEO.
May 26



















