M&A
M&A
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More write-downs seem inevitable as the coronavirus outbreak wreaks havoc on the economy and bank stocks.
May 13 -
Suncoast Credit Union and Apollo Bank said the pandemic complicated their efforts to secure regulatory approval.
May 12 -
Suncoast Credit Union and Apollo Bank have called off their plans to merge.
May 12 -
C&NW Proviso, which has no website or online services, will gain a slate of new products and additional locations from the deal.
May 12 -
The regional bank’s $240 million investment from 1995 is now worth $17 billion, which it could use to fund acquisitions; the debt deal will count towards the German bank’s capital buffers.
May 12 -
The Pittsburgh company has owned a 22% position in the money manager since 1995.
May 11 -
Carlyle Group Inc. and Singapore sovereign-wealth fund GIC Pte. Ltd. are backing out of a deal to buy a stake in American Express Global Business Travel, which has suffered losses from the Covid-19 pandemic.
May 11 -
When Fiserv purchased First Data in 2019, it was part of an industrywide push to combine bank and merchant technology under one roof. A year later, a key piece of First Data’s technology — and its top executive — have become Fiserv’s path through the coronavirus crisis.
May 8 -
Members of West York Area School District Employees Federal Credit Union approved the merger into First Capital, and the deal is expected to close this summer.
May 8 -
Bisignano, who engineered a technology-driven recovery at First Data before it was acquired by Fiserv last year, will take Fiserv's top job as the company forges its coronavirus strategy.
May 7 -
Local 229 IBEW Federal Credit Union, which had less than $2 million in assets, has merged into White Rose Credit Union.
May 7 -
The Conference of State Bank Supervisors says parts of the plan are an overreach, while the agency should think twice about developing the proposal during the coronavirus pandemic.
May 5 -
TruStone Financial and Firefly Credit Union have announced plans to merge, pending regulatory approval and charter changes.
May 5 -
The Illinois company will sell Bates Cos. to an undisclosed buyer less than two years after buying the wealth management firm.
May 4 -
The Wisconsin regional said the funds will support loan growth and its dividend policy as well as create an added capital buffer.
May 4 -
The Fed has tweaked its Main Street Lending Program to stir more enthusiasm, including the creation of a third financing option for larger companies. Will it make a difference?
May 4 -
The deal was expected to close this summer, but First BanCorp said a regulatory review is hitting snags.
May 1 -
The integration of Habersham Federal Credit Union into HALLCO Community Credit Union is expected to take several months.
May 1 -
Tinker Federal Credit Union's deal for Prime Bank in Edmond, Okla., is set to close later this year.
April 30 -
Bank of Southern California's all-cash offer for CalWest was reduced by nearly 20% after the buyer's shareholders declined to approve the deal.
April 30


















