M&A
M&A
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John Ciulla, one year in as CEO of Webster Financial, discusses how he is preparing for the next downturn, picking his spots in tech spending, and remaining cautious about M&A.
January 27 -
The data aggregator has purchased Abe AI and plans to use the artificial intelligence firm's technology in a host of applications.
January 25 -
Georgia-based Augusta VAH Federal Credit Union is set to merge into South Carolina's SRP FCU.
January 25 -
Few investors will have heard of Earthport Plc. But the company has just become the target in a bidding war between Mastercard Inc. and Visa Inc.
January 25 -
In 2017, the National Credit Union Administration board approved provisions to make mergers more transparent. But one of those changes has become a casualty of the government closure.
January 25 -
Fiserv’s $22 billion deal to acquire First Data creates pressure to scale core banking and payment processing that may force further industry consolidation.
January 25 -
The Lake Mary, Fla., credit union has agreed to buy Fidelity Bank of Florida, which the SBA designated as a certified lender in 2017.
January 24 -
With SBA lending at a standstill, many small businesses can't access the capital they need to create and retain jobs, Stephen Steinour says.
January 24 -
While the transaction will lower the cost of servicing First Data’s massive debt, the fintech and processing giant will be more complex and ponderous, writes Eric Grover, a principal at Intrepid Ventures.
January 24 -
The New York company will add $504 million of asset-based and equipment finance loans as part of the acquisition.
January 23 -
Bank First's deal for Partnership is the third Wisconsin bank merger announced this week.
January 23 -
In selling its Walmart credit card portfolio to Capital One and extending a partnership with Sam’s Club that appeared to be in peril, Synchrony Financial avoids an expensive legal battle with the world’s largest retailer.
January 23 -
The Florida bank sold $344 million of taxi-medallion and other loans in the fourth quarter, saying it was positioning itself for the future.
January 23 -
The $1.9 billion-asset Schools Financial Credit Union has plans to merge into SchoolsFirst, which is already the largest credit union in California.
January 23 -
CEO Greg Carmichael says the Cincinnati bank will hire bankers in Denver, Dallas and Houston as part of a broader expansion into fast-growing markets that are home to lots of midsize firms. It is also interested in buying more fee-based businesses.
January 22 -
Provident's investment adviser unit will have nearly $3 billion in assets under management after it buys Tirschwell & Loewy.
January 22 -
Payment service provider heidelpay Group has purchased the installment lender Universum Group to bring a new payment capability to the heidelpay Group in the form of an installment lending product called FlexiPay.
January 22 -
The Virginia company cautioned that it expects lending to slow down this year.
January 22 -
The low-cost deposits it gained in its purchase of 52 Wells Fargo branches, combined with higher interest rates, lifted Flagstar's net interest margin.
January 22 -
The company will pay $93 million for Kinderhook Bank, which has a concentration of branches around Albany.
January 22



















